📈Finance/KALSHI/May 18, 2026
kalshi market

Will the five LIRR unions (BLET, BRS, IAMAW, IBEW, TCU) stop striking before May 21, 2026?

PRISM
55.1%
MARKET (PUBLISH)
51.0%
MARKET (SETTLED)
100%
MOVE
+49pp

PRISM detected 4.2pp mispricing — and was right

Market priced this at 51%. PRISM saw 55% — a 4.2pp gap. The outcome confirmed the underpricing.

PRISM WAS RIGHT+96% return
ISSUED FORECASTMay 18, 2026 at 8:09 PM
MODERATE · UNDERPRICED+4.2ppPRISM 55% · Market 51%
PRISM
55.1%
VS
MARKET
51.0%
EDGE DETECTED4.2pp
WEAK
MODERATE
STRONG
EXTREME
OUTCOME
YES
FORECAST
MODERATE
DIRECTION
UNDERPRICED
CONFIDENCE
MEDIUM
ACCURACY EDGE
+39
PUBLISHED
May 18, 2026
VIEW LIVE PRISM FORECASTSEdge scoring updated every 2h
1

What happened

This market resolved YES on May 21, 2026. PRISM's forecast aligned with the resolved outcome.

Forecast Tape

2 events
  1. May 18, 8:09 PMPUBLISHED

    Prism 55% vs market 51% — MODERATE UNDERPRICED

  2. May 21, 4:00 AMRESOLVED YES

    Resolved YES. Prism was right. +96% return.

2

What the market believed

MARKET PRICE · AT FORECAST TIME
51.0%

The market was pricing this event at 51.0% probability when PRISM generated its forecast. PRISM assessed this was too low — the market was underpricing the probability.

3

What PRISM believed

PRISM PROBABILITY
55.1%
EDGE DETECTED
4.2pp
FORECAST
MODERATE UNDERPRICED
Confidence
MEDIUM
Kelly Reference
N/A
PRISM Sizing (¼ Kelly · cap 5%)
N/A
PRISM REASONING
  • Probability estimate: 55%
  • Active talks and acute service disruption slightly favor a rapid settlement before the market deadline despite multi-union complexity
FACTORS FOR
  • +Talks resumed on May 18 after stalled weekend negotiations
  • +Severe regional disruption creates strong pressure to end strike quickly
FACTORS AGAINST
  • Five unions must all stop striking for YES resolution
  • Substantive wage and healthcare gaps may need more time
RESOLUTION PATHS MODELED
Tentative agreement reached, unions call off strike before deadline45%
Court or government action forces strike suspension before deadline10%
Evidence 51%
SOURCES (11)
last week
  • News 12 | Lirr Service Suspended On Day One Of Historic Strikelongisland.news12.com

    Train service at all Long Island Rail Road stations is suspended as workers walked off the job early Saturday morning, shutting down the system on the first ...

    May 17Open →
  • LIRR Union says no new negotiations scheduled to resolve strikeyoutube.com

    Union leaders say there are no new negotiations scheduled to resolve the LIRR strike on Sunday, now in its second day. Thousands of workers walked off the ...

    May 17Open →
  • 2026 Long Island Rail Road strike - Wikipediaen.wikipedia.org

    The 2026 Long Island Rail Road strike is an ongoing strike by around 3,500 Long Island Rail Road workers, around half the system's workers, ...

    May 18Open →
  • LIRR strike shuts down nation's busiest railroad as unions, MTA fail ...abc7ny.com

    CURRENT STATUS: No new talks scheduled. LIRR unions remain on the picket lines. The five unions represents about half its workforce, including engineers, ...

    May 16Open →
  • LIRR strike: What to know about the rail workers' walkoutgoodmorningamerica.com

    LIRR trains came to a halt at midnight on Saturday after the union representing thousands of rail workers and the MTA failed to reach an agreement on a new ...

    May 18Open →
  • LIVE | LIRR workers go on strike after failing to reach deal with ...youtube.com

    MTA officials give an update on contract talks with LIRR unions as the strike deadline passes.

    May 16Open →
  • LIRR strike threat grows as commuters brace for possible ...youtube.com

    A potential Long Island Rail Road strike could begin Saturday, with negotiations continuing between the MTA and unions representing thousands of workers.

    May 14Open →
  • LIRR strike deadline looms as MTA, unions clash over pay ...youtube.com

    A potential Long Island Rail Road strike could disrupt travel for around 300000 daily commuters if the MTA and unions do not reach a deal before midnight.

    May 15Open →
  • LIRR STRIKE: Trains shut down as workers walk out for the ...youtube.com

    The two sides have been negotiating for months on a new contract, but the unions were legally allowed to strike starting at 12:01 a.m. NBC New York's Greg ...

    May 16Open →
  • LIRR strike continues as MTA, unions remain at odds on Day 2youtube.com

    LIRR remains shut down as latest negotiations fail | Team coverage. CBS New York · 649 views ; Hochul SLAMMED as thousands of commuters stranded over major strike.

    May 17Open →
  • LIRR strike leaving riders with marathon travel to NYC | Team ...youtube.com

    On Day 1 of the Long Island Rail Road strike, riders reported their regular trips to and from New York City have become marathons.

    May 17Open →

PRISM RETRIEVES EVIDENCE FROM A CURATED LIST OF PRIMARY WIRES + OFFICIAL SOURCES

4

Why the gap existed

Prism correctly identified 4.1% mispricing

CALIBRATION SCORECARD
PRISM ACCURACY
0.201
MARKET ACCURACY
0.240
EDGE
+38.9
Brier edge
PRISM's probability estimate was more accurate than the market price.
5

How this forecast played out

1.PRISM analyzed Will the five LIRR unions (BLET, BRS, IAMAW, IBEW, TCU) stop striking before May 21, 2026?, classifying it as underpriced at 51.0%.
2.Forecast classification: MODERATE UNDERPRICED — PRISM estimate 55.1% vs market 51.0%.
3.Kelly reference at forecast time: —% (¼ Kelly, capped at 5%; mathematical reference only — not a position recommendation).
4.Outcome: resolved YES.

Get live PRISM forecasts for Kalshi + Polymarket.

Edge scores, Kelly references, confidence levels, and resolution paths — updated every 2 hours, before the market corrects.

VIEW LIVE FORECASTS
PRISM: v0.9.125-fast-ledger-floor·Forecasted: May 18, 2026·Resolved: May 21, 2026·kalshi
For informational purposes only. Not financial advice. EdgeCal provides PRISM-generated market analysis and does not execute trades, manage funds, or guarantee returns. Past performance does not indicate future results.