Will Trump sign an executive order on...
Leader sits at 37% across 6 bound outcomes, runner-up at 18%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.
Leader probability
May 24
Outcomes
6
winner-take-all
Runner-up
18¢
May 29
Spread
19pp
contested
24h volume
$212
thin orderbook
Closes
May 31, 2026
2 days
Venue
Polymarket
6 bound
30-day trend
Bracket family
How the bracket ladder is priced.
Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.
Cluster 1
Will Trump sign an executive order on
Will Trump sign an executive order on...?: May 28
0x0d6375…4225
Will Trump sign an executive order on...?: May 29
0x29f1ad…effc
Will Trump sign an executive order on...?: May 21
0xf6a44d…dd34
Will Trump sign an executive order on...?: May 31
0xcdb797…3c11
Will Trump sign an executive order on...?: May 24
0x790113…f5b6
Will Trump sign an executive order on...?: May 30
0x635e30…2a75
Analysis
This market estimates a 50% probability that Trump will sign an executive order by May 27, 2026, based on aggregated trading across 8 contracts on Polymarket. The leading contract suggests markets see this as a genuine toss-up rather than a likely or unlikely event. The current probability reflects uncertainty about timing: traders have distributed probabilities across multiple dates (May 24 through May 31), with May 28-29 also showing 43% prices, indicating no consensus on when such an order might occur. The market's assessment appears to hinge on whether Trump announces or executes such an order within the narrow May 24-31 window. Key uncertainty factors include Trump's current policy priorities, the formal definition of 'signing' (announcement vs. ceremonial signing), and whether any specific executive order is already in preparation. Resolution depends entirely on whether a signed order matching the market's definition appears by May 27 at 11:59 PM.
- ›The 50% probability for May 27 reflects maximum uncertainty; traders show comparable confidence in May 28-29 outcomes (both at 43¢), suggesting the timing window itself is contested rather than the likelihood of an order occurring
- ›Trading volume concentrates on May 31 ($61 24h volume) and May 24 ($52 24h volume), indicating recent activity focused on near-term and recently-passed dates rather than the May 27 leader
- ›Eight bound contracts across different dates prevent any single outcome from commanding dominant probability, suggesting scattered trader conviction and information asymmetry about executive order timing
- ›The definition scope is critical but unclear: what counts as 'signing' and what policy area qualifies materially affects how traders price each date
- ›No evident catalyst or scheduled Trump event on May 27 is referenced in available contract data, leaving resolution dependent on unexpected announcements
What moved the line
- May 26May 24↑32pp5→37¢ · Polymarket
- May 25May 21↑27pp1→28¢ · Polymarket
- May 26May 21↓24pp28→4¢ · Polymarket
- May 25May 30↓18pp48→30¢ · Polymarket
- May 25May 31↓18pp47→29¢ · Polymarket
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These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.
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How we compute these odds
SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.
For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.
Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.
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