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← Explore · Kalshi · Market KXNEXTSECARMY-30JAN01-ATEL

Will Adam Telle be the next Secretary of the Army before Jan 1, 2030?

43.0% implied · bid 39.0¢ · ask 47.0¢

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A · Price & probability

The market prices this at 45.0%, down 1.5pt over 24h, on a 8.0¢ spread.

Implied probability45.0%
Bid / ask / mid39.0¢ / 47.0¢ / 43.0¢
Spread8.0¢ (18.6%)
Change 24h-1.50pt
Change 7d+1.00pt
Longshot tax-9% historically (35-50¢ bucket)

B · Liquidity & flow

Thin (score 10/100) — trade small; large orders will move the price. Order book leans 10% to the ask (sellers).

Volume 24h$0
Volume qualityPro
Depth ±5¢ (bid/ask)$80 / $3
Imbalance10% bid
Large trades (>$1k)0
Liquidity score10.0 / 100

C · Momentum & volatility

RSI 33 (neutral); price is above its 7-day mean by 1.3σ — a mild deviation.

Z-score vs 7d mean1.33
RSI (14, hourly)33.3
Realized vol 7d0.76pt
Change 1h-2.00pt

E · Time & structure

Resolves in 1161d 12h.

Time to resolve1161d 12h
Resolution sourcedocumented
Rules risklow (15)
Sum of outcomes100.0%

Price history

Probability timeline

Order-book depth

Cost to trade

Pro See what a live order would actually cost after walking the book, and the edge/EV/Kelly at that real price. Upgrade

Longshot tax — return by price bucket

This market's 35-50¢ bucket has returned -9% per $1, historically.

Other venues

Pro See the live Kalshi ↔ Polymarket gap, the after-fee combined cost of hedging both legs, and its history. Upgrade

How this settles

DeadlineNot published.
Close → settlementExpected settlement is 0.0h after scheduled close.

Summary

If Adam Telle formally holds the position of Secretary of the Army before Jan 1, 2030, and is the first such subject to do so after Issuance, then the market resolves to Yes.

Expanded rules

The holder of the position at the time of Issuance is excluded. For the purposes of this Contract, only a subject who holds the position in a permanent, confirmed, elected, or otherwise non-acting and non-temporary capacity, as formally designated by the body or organization at which the position is held, is treated as formally holding the position; assumption of the role solely in an acting, interim, transitional, provisional, caretaker, pro tempore, or otherwise temporary capacity does not, by itself, satisfy the Payout Criterion. If the first qualifying permanent holder is not named in this event, each named market resolves No.