Today’s Number
Will Proposition 45 pass?
Market-consensus odds put Proposition 45 at 77% this morning. · ▲ 17 points overnight · settles in 459 days · on unusually heavy volume
- Today’s move is bigger than 96% of this question’s daily moves — unusual for this market, not just large in the abstract.
- Has traded between 60% and 77% over 26 tracked days — today is its high.
- Buyers and sellers are 40 points apart — a thin market, so read this number as a range, not a point.