Will David Valadao place first in the 2026 CA-22 primary?

Prediction markets currently give a 92% probability that Will David Valadao place first in the 2026 CA-22 primary?. This contract trades at 92¢ on Kalshi, closing November 3, 2027. This market shows extreme illiquidity with zero volume and open interest, making the 0¢ price potentially unreliable despite the wide 13¢ spread.

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92¢
Bid/Ask 92/93¢·Spread 1¢·Vol $0·OI $1·Closes Nov 3, 2027·558d remaining
KXCAPRIMARY-22FIRST26-DVAL

Analysis

5d ago

This market shows extreme illiquidity with zero volume and open interest, making the 0¢ price potentially unreliable despite the wide 13¢ spread. The asymmetric implied yields—10.6% for Yes versus 398.2% for No—suggest severe mispricing or a complete absence of market participants willing to take either side at current levels. With 563 days until expiry and a Cliff Risk Index of 6, this market lacks sufficient depth to serve as a meaningful probability estimate for Valadao's primary prospects.

Resolution rules

If David Valadao wins the the 2026 CA-22 primary, then the market resolves to Yes.

Indicators

IY (No) 752.2%
Adj IY 376%
CRI 12
▶ Full indicator table (4)
IndicatorValue
IY (Yes)5.7%
IY (No)752.2%
Adj IY376%
CRI12

Regime

Label
neutral
Score
0.5
Spread
1¢
Computed
4/24/2026, 3:09:13 PM
Indicators computed 4/24/2026, 3:08:44 PM

Trade

View on kalshisf trade KXCAPRIMARY-22FIRST26-DVAL yes 100

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