Will Cory Mills be out as Congressman before May 1, 2026?

7¢
Bid/Ask 6/7¢·Spread 1¢·Vol $514·OI $3,234·Closes May 1, 2026·14d remaining
KXLEAVEMILLS-26NOV03-26MAY
7-day price59 snapshots · 4 regime
49¢2¢Apr 14Apr 16

Analysis

AI-generated · updated daily

This micro-cap market shows extreme pricing distortions typical of low-liquidity prediction markets, with a 7¢ price implying only 7% odds of Mills leaving Congress in the next 14 days, yet the Yes side offers a staggering 40,324% annualized yield—a red flag suggesting severe illiquidity rather than genuine edge. The $3,234 open interest and $951 daily volume are minimal, the 3¢ spread is wide relative to the price, and the realized volatility of 1,845% indicates wild swings disconnected from fundamental news flow (info arrival rate of just 1.1/h). With expiry imminent and no recent major political developments signaled, this appears to be a thin-liquidity trap where the extreme yield reflects the difficulty of actually executing trades rather than a meaningful probability assessment.

Resolution rules

If Cory Mills leaves the House before May 1, 2026, then the market resolves to Yes.

Indicators

IY (Yes) 41356.3%
IY (No) 168.5%
Adj IY 41356%
CRI 16
RV 2036%
VR 2.58
▶ Full indicator table (8)
IndicatorValue
IY (Yes)41356.3%
IY (No)168.5%
Adj IY41356%
CRI16
RV2036%
VR2.58
IAR1.1/h
Overround0.1%

Regime

Label
neutral
Score
0.409
Spread
1¢
Computed
4/17/2026, 8:16:49 AM
Observability mediumEvent type political
Indicators computed 4/17/2026, 8:08:51 AM

Trade

View on kalshisf trade KXLEAVEMILLS-26NOV03-26MAY yes 100

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