Verbatim from the venue. The analyst must quote these, never paraphrase.
If Ken Calvert wins the 2026 U.S. House of Representatives election in California's 40th District by 25 percentage points or more, then the market resolves to Yes.
The margin of victory shall be calculated as follows based on the margin type.
For percentage points: the vote percentage received by Ken Calvert minus the vote percentage received by the candidate/party/option that finishes immediately behind Ken Calvert if Ken Calvert wins, or the candidate/party that finishes first if Ken Calvert loses.
Each margin range is inclusive of its lower bound and exclusive of its upper bound. No rounding shall be applied to the calculated margin. For example, for consecutive ranges of 5-6% and 6-7%, a margin of 5.99999% resolves within the 5-6% range, while a margin of exactly 6% resolves within the 6-7% range. If Ken Calvert runs under multiple parties or is listed multiple times, votes attributable to the same underlying natural Ken Calvert will be summed.
If Ken Calvert wins the election, the margin will be positive. If Ken Calvert loses the election, the margin will be negative. If Ken Calvert ties for first place, the margin shall be 0. For uncontested races where Ken Calvert is the only candidate, the margin shall be 100 percentage points or the total number of votes cast (for raw votes).
opens
Sep 8 · 6:37 PM UTC
closes
Nov 3, 2027 · 2:00 PM UTC · may close early
expires
Nov 3, 2027 · 2:00 PM UTC
floor
25
Recent trades
Most recent first. Price is the YES side.
No trades yet.
Raw payload
Exactly what the API returned for this market.
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market42
can_close_earlytrue
close_time2027-11-03T14:00:00Z
created_time2026-09-08T18:08:35.413098Z
early_close_conditionThis market will close and expire early if certified election results are published.
ask513¢
spread9¢mid 8¢
bid2004¢
bid701¢
bid1001¢
Yes bid (no ask)SizeYes
event_ticker
KXMIDTERMMOV-CA40KCAL
exchange_index0
expected_expiration_time2027-11-03T14:00:00Z
expiration_time2027-11-03T14:00:00Z
expiration_value
floor_strike25
last_price_dollars0.0000
latest_expiration_time2027-11-03T14:00:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.9630
no_bid_dollars0.8700
no_sub_titleKen Calvert, 25+ pts
notional_value_dollars1.0000
occurrence_datetime2026-11-03T15:00:00Z
open_interest_fp0.00
open_time2026-09-08T18:37:59Z
previous_price_dollars0.0000
previous_yes_ask_dollars0.1400
previous_yes_bid_dollars0.0370
price_level_structuretapered_deci_cent
price_ranges3
[0]3
end0.1000
start0.0000
step0.0010
[1]3
end0.9000
start0.1000
step0.0100
[2]3
end1.0000
start0.9000
step0.0010
result
rules_primaryIf Ken Calvert wins the 2026 U.S. House of Representatives election in California's 40th District by 25 percentage points or more, then the market resolves to Yes.
rules_secondaryThe margin of victory shall be calculated as follows based on the margin type.
For percentage points: the vote percentage received by Ken Calvert minus the vote percentage received by the candidate/party/option that finishes immediately behind Ken Calvert if Ken Calvert wins, or the candidate/party that finishes first if Ken Calvert loses.
Each margin range is inclusive of its lower bound and exclusive of its upper bound. No rounding shall be applied to the calculated margin. For example, for consecutive ranges of 5-6% and 6-7%, a margin of 5.99999% resolves within the 5-6% range, while a margin of exactly 6% resolves within the 6-7% range. If Ken Calvert runs under multiple parties or is listed multiple times, votes attributable to the same underlying natural Ken Calvert will be summed.
If Ken Calvert wins the election, the margin will be positive. If Ken Calvert loses the election, the margin will be negative. If Ken Calvert ties for first place, the margin shall be 0. For uncontested races where Ken Calvert is the only candidate, the margin shall be 100 percentage points or the total number of votes cast (for raw votes).
settlement_timer_seconds1800
statusactive
strike_typegreater_or_equal
tickerKXMIDTERMMOV-CA40KCAL-P25
titleWill the margin of victory for Ken Calvert in CA-40 be at least 25 percentage points?