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MacGuffin2026 Archive

2026 archive · final odds, 14 March 2026

Best Adapted Screenplay

98th Academy Awards · 15 March 2026 · Academy category: Writing (Adapted Screenplay)

One Battle after Another won. Its last traded price on Kalshi on 14 March 2026 was 96%. It was the market favorite.

5 nominees · final price on 14 March 2026

Winner

One Battle after Another

Written by Paul Thomas Anderson

Nominations day 86% · 375K contracts traded

96%
#2

Hamnet

Screenplay by Chloé Zhao & Maggie O'Farrell

Nominations day 8% · 394K contracts traded

5%
#3

Train Dreams

Screenplay by Clint Bentley & Greg Kwedar

Nominations day 4% · 146K contracts traded

2%
#4

Bugonia

Screenplay by Will Tracy

Nominations day 4% · 191K contracts traded

1%
#5

Frankenstein

Written for the Screen by Guillermo del Toro

Nominations day 3% · 169K contracts traded

1%

Daily closing price · 22 January to 14 March 2026

Best Adapted Screenplay 2026

One Battle after Another96%
Hamnet5%
Train Dreams2%
Bugonia1%
Every daily close, as a table
Daily closing price on Kalshi, New York days
DateOne Battle after AnotherHamnetTrain DreamsBugoniaFrankenstein
22 Jan86%8%4%4%3%
23 Jan86%11%2%3%4%
24 Jan90%9%2%3%2%
25 Jan91%7%4%1%1%
26 Jan90%8%3%1%1%
27 Jan90%7%1%1%2%
28 Jan89%7%1%2%1%
29 Jan91%8%1%1%3%
30 Jan90%9%1%2%1%
31 Jan89%9%·2%2%
1 Feb88%10%·2%2%
2 Feb86%9%1%2%3%
3 Feb86%8%1%2%2%
4 Feb86%9%1%2%3%
5 Feb86%10%2%2%4%
6 Feb86%11%1%1%2%
7 Feb85%11%1%2%4%
8 Feb85%12%4%2%2%
9 Feb88%10%3%2%1%
10 Feb86%10%3%2%2%
11 Feb90%8%3%1%2%
12 Feb90%8%·1%2%
13 Feb89%6%2%·3%
14 Feb89%8%·2%3%
15 Feb89%8%2%2%3%
16 Feb88%8%2%·4%
17 Feb89%8%1%·4%
18 Feb89%9%·1%3%
19 Feb89%9%1%1%4%
20 Feb89%8%1%1%4%
21 Feb89%7%1%1%3%
22 Feb93%7%1%1%2%
23 Feb92%7%1%1%2%
24 Feb93%5%··2%
25 Feb91%7%1%2%3%
26 Feb91%7%1%2%3%
27 Feb91%6%1%2%2%
28 Feb91%7%·2%2%
1 Mar89%8%3%1%2%
2 Mar92%9%2%1%4%
3 Mar92%6%2%1%2%
4 Mar94%6%2%1%1%
5 Mar94%5%2%3%1%
6 Mar94%4%1%1%1%
7 Mar94%7%1%1%2%
8 Mar93%2%1%1%2%
9 Mar95%5%1%1%1%
10 Mar96%5%1%1%1%
11 Mar96%4%1%1%1%
12 Mar95%4%2%1%1%
13 Mar95%4%2%1%1%
14 Mar96%5%2%1%1%

A dot means no trade that day. A blank means Kalshi returned no daily record for that day.

Ceremony day · before the first award

The lowest price on offer (the ask), as the site's own server recorded it on 15 March 2026, before Kalshi closed the first market of the night at 7:34 pm ET. An ask, not a trade.

  • One Battle after Another96% · 6:21 pm ET
  • Hamnet4% · 6:21 pm ET
  • Train Dreamsnot recorded
  • Bugonianot recorded
  • Frankensteinnot recorded

The Kalshi market

Event KXOSCARASPLAY-26 listed 16 markets: one for each of the 5 nominees and 11 for contenders who were not nominated or for a tie (35,646 contracts traded). In all, 1.31M contracts traded.

Kalshi settled KXOSCARASPLAY-26-ONE "yes" and every other market "no", on 16 March 2026 (UTC).

The 11 other markets
  • Tie · KXOSCARASPLAY-26-TIE12,920 contracts · closed 16 Mar
  • No Other Choice · KXOSCARASPLAY-26-NOO8,935 contracts · closed 22 Jan
  • Wicked: For Good · KXOSCARASPLAY-26-WIC5,588 contracts · closed 22 Jan
  • Nuremberg · KXOSCARASPLAY-26-NUR5,284 contracts · closed 22 Jan
  • Wake Up Dead Man · KXOSCARASPLAY-26-WAK1,676 contracts · closed 22 Jan
  • Ballad of a Small Player · KXOSCARASPLAY-26-BAL374 contracts · closed 22 Jan
  • Springsteen: Deliver Me from Nowhere · KXOSCARASPLAY-26-SPR331 contracts · closed 22 Jan
  • Nouvelle Vague · KXOSCARASPLAY-26-NOU301 contracts · closed 22 Jan
  • Hedda · KXOSCARASPLAY-26-HED235 contracts · closed 22 Jan
  • Is This Thing On? · KXOSCARASPLAY-26-IST1 contracts · closed 22 Jan
  • The Life of Chuck · KXOSCARASPLAY-26-LIF1 contracts · closed 22 Jan

Sources: the Academy's results page (Internet Archive copy, 20 March 2026) · Kalshi's settled markets and daily prices · the site's own server record of ceremony day. Frozen on 30 September 2026.

A price is the last traded price on Kalshi, read as the market's implied chance: 77% means 77 cents for a contract that paid $1 if the nominee won. Market data, not advice.