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Democratic Party
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AI Insights:
03.14 21:36 UpdatedFair Value Reasoning:
As the 2026 midterms occur under a Republican President (Trump), historical trends heavily favor the opposition party (Democrats). Incumbent Democrat Joe Courtney is a dominant figure in CT-02 (seeking an 11th term), having won decisively (58%-42%) in 2024, significantly outperforming the district's D+3 baseline. In a political environment with strong tailwinds for Democrats, the probability of a popular veteran incumbent losing a partisan-favored seat is negligible. The current price of 91c reflects capital opportunity costs (233 days to expiry) rather than true electoral risk; the actual win probability is likely above 98%.
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