March 17, 2026 - March 20, 2026, the Republican option price surged from 67c to 77.5c, a rise of over 10 cents. This movement indicates the market is correcting its previous overreaction to the threat of Independent Dan Osborn, with capital returning to fundamentals betting on the incumbent's strength.
March 7, 2026 - March 13, 2026, the Republican option drifted down from 72c to 66.5c, a decline of ~5.5 cents. This was the market digesting rumors of Osborn's potential run, causing a slight dip in confidence for a 'sure' Republican win.
February 26, 2026 - March 4, 2026, no option moved more than 2 cents, as the market initially remained unresponsive to early polling, maintaining a sideways trend.