LT
Logit Terminal Research
Probability-native market analytics
Data sourceKalshi (licensed)
Last updated2026-07-10T03:33
Status
Not trading advice

Overview / Elections / Contract detail

Will Kai Newkirk be the Democratic nominee for AZ-04?

Closes in 481d·Azprimary

current price
overextension z · insufficient
15¢crowd cost basis
-8¢distance from crowd basis
4.14×vol vs peers
4,45524h contracts

Market context

Comparisons against the broader Elections cohort and similar historical unusual moves. These are descriptive base rates, not a prediction.

4.14×Vol vs comparable peers
0.0248Category median logit vol/hr
15¢Crowd cost basis
99%Cost-basis conviction
45Similar category unusual moves
24%Partial reversion base rate

Price History

Fixed 0–100¢ chart from collected snapshot mid-prices. Hover points for observed values. The gold dashed line marks crowd cost basis when available.

Price history, fixed 0 to 100 cent scale. Hover points for values.25¢50¢75¢100¢~6h ago~3h agolatestCrowd basis 15¢~6h before latest: 14.0¢~5h before latest: 14.0¢~4h before latest: 17.0¢~3h before latest: 17.0¢~2h before latest: 8.0¢~1h before latest: 7.0¢latest: 8.0¢Approx. collected snapshot time

Volume-at-price profile

Current probability versus the approximate volume-weighted crowd cost basis. Conviction 99% · profiled volume 13,275 contracts. Hover bars for bucket volumes.

Volume-at-price profile by 5 cent bucket. Hover bars for bucket volumes.02,2054,4106,6148,8190¢ price bucket: 0 contracts5¢ price bucket: 157 contracts10¢ current price bucket: 4,299 contracts15¢ crowd cost basis / POC: 8,819 contracts20¢ price bucket: 0 contracts25¢ price bucket: 0 contracts30¢ price bucket: 0 contracts35¢ price bucket: 0 contracts40¢ price bucket: 0 contracts45¢ price bucket: 0 contracts50¢ price bucket: 0 contracts55¢ price bucket: 0 contracts60¢ price bucket: 0 contracts65¢ price bucket: 0 contracts70¢ price bucket: 0 contracts75¢ price bucket: 0 contracts80¢ price bucket: 0 contracts85¢ price bucket: 0 contracts90¢ price bucket: 0 contracts95¢ price bucket: 0 contracts100¢ price bucket: 0 contracts10¢25¢40¢50¢60¢75¢90¢100¢ContractsPrice bucket

Gold = crowd cost basis / POC. Blue = current price bucket.

Elections reversion history

Category-level base rate for unusual moves.

24% GAVE BACK
76% CONTINUED
45unusual moves observed (|Z| ≥ 2)
24%partial reversion rate
-12%avg move given backnet: kept extending