Will Mete Coban win the 2028 London mayoral election?

This market shows extreme illiquidity with zero 24-hour volume and only $329 open interest, making the 3¢ price potentially unreliable for serious trading. The 1062.6% implied yield on the Yes side reflects the outsized payoff structure rather than genuine probability assessment, while the 6¢ spread indicates wide bid-ask uncertainty typical of thin markets. With over three years until expiry and a moderate Cliff Risk Index of 32, this appears to be a speculative position on a relatively obscure candidate rather than an efficiently priced prediction.

Resolution rules

If Mete Coban wins the 2028 London mayoral election, then the market resolves to Yes.

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