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MARKETS 60-second read

Trump’s 38.8-39.0% approval contract jumps 25 points to 60%

Published: 1 min read
Trump's 38.8-39.0% approval contract jumps 25 points to 60%

Traders on PredictIt sharply repriced a narrow band contract in a day.

The hit

The contract asking whether Trump’s RCP job approval rating lands at 38.8% to 39.0% jumped 25 points to 60% yes in a day, according to PredictIt market data. The move leaves no priced at 40%.

Why it matters

PredictIt caps individual positions & publishes no volume data, so the size of money behind the move can’t be verified.

The record

Yes price a day earlier 35% (PredictIt)
Volume disclosed none published (PredictIt)

What happens next

Trump’s RCP job approval figure on 30 September will settle the contract.

Sources: PredictIt: What will President Trump’s RCP job approval rating be on Sept. 30?

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