Anvil Defense Systems's $40,000 election risk has a real market: if the answer is no: Will Democrats win the House in 2026?, a $7,600 position pays $40,000. It covers the whole hit; the cost was known on day one.

At risk

$40,000

Costs now

$7,600

Could pay

$40,000

Still exposed

$0

Prices checked Jul 11, 2:20 PM ET. Market closes Feb 1, 2027.

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