All the Stock Market Futures You Can Trade at Kalshi

• Trading site Kalshi has a multitude of stock market futures that all US residents can trade
• The current options include the S&P and NASDAQ prices at the end of the week and the end of the year
• See all the stock market futures available on Kalshi.com

Trading site Kalshi is giving all Americans a chance to show their stock market savvy. Kalshi has posted half a dozen stock market futures that everyone in the United States can trade. Below, I have set out all the stock market futures currently on offer at Kalshi.com. Directly below the table, readers can find a link to get the current Kalshi promo code.

Stock Market Futures at Kalshi

Kalshi is also offering the following short-term markets that I haven’t included in the table, above: (1) Nasdaq price range today at 4pm EST?, (2) S&P price range today at 4pm EST?

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S&P 500 Close Price at End of 2025

The first stock-related market users will see at Kalshi is the S&P 500 closing price at the end of 2025, i.e. the S&P price at closing on Dec. 31, 2024. Currently, the favorite is “6,400 to 6,599.99”, which is trading at 16¢ on the yes and 88¢ on the no. Based on recent trading activity, Kalshi’s calculations give 24,500.01 or above a 12% chance of cashing for yes buyers.

The second and third-favorites are the adjacent bands: 6,200 to 6,399.99 and 6,600 to 6,799.99, which are both trading at 12¢ on the yes.

The main takeaway from the S&P market activity at Kalshi is that traders strongly lean to the S&P going up significantly between now and the end of the calendar year. The current S&P price is just $5849.72, and it’s highest ever closing price was 6,144.15 on Feb. 19, 2025.

A considerably smaller, but not insignificant, portion of the trading public is betting on the S&P tanking. The 3,999.99 or below band is trading at 5¢ on the yes. The S&P hasn’t been that low in nearly two years (late March 2023).

Nasdaq Close Price End of 2025

The other main stock market at Kalshi is the Nasdaq closing price at the end of 2025. Not surprisingly, the trading here mirrors the trading on the S&P: the current favorites are all record-setting closing prices.

Indeed, the band trading at the highest yes price is the highest one: 24,500.01 or above, which currently has a 20¢ yes price and 88¢ no price. The band right below – 24,000 to 24,500 – has the second-highest yes price at 19¢ on the yes; but the no side is trading at bloated 97¢, and the Kalshi calculations give it just a 9% chance of hitting, indicating there isn’t strong value on either side.

The highest ever Nasdaq closing price was $20,173.89 on December 16, 2024.