Trade Snapshot
⏱ 3:08:52 PM ET
Los Angeles mayoral election: Spencer Pratt vote percent (1st round) — At least 40%
A taker stepped up on NO, landing on the NO side of the "At least 40%" outcome in the 2026 Los Angeles mayoral first-round vote — the NO side wins if Spencer Pratt does not reach that threshold. The trade covered 26,261 NO contracts at 99¢ each, totaling $25,998. With no resting liquidity in the book, the trade absorbed cleanly with no observable slippage. The market currently sits at 1¢ on the YES side, implying roughly a 1% probability of Pratt reaching 40%.
📊 Last 26 trades: 26 trades over 12.0 hours (3:10 AM to 3:08 PM ET), NO volume leads $27,697 to $127, price holding near 1¢. One $25,999 NO trade (26,261 contracts) accounts for 93% of the flow.
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