All the ways you can turn your contracts into money — exit early or hold to the very end.
After you start trading, you begin to accumulate positions in different markets. A position is the net direction and number of contracts you own in a particular market, and represents your current investment. Your position might be ten thousand Yes, or five No, or zero in any direction.
There are two options for closing your positions (a.k.a. cashing out your contracts): hold them until settlement, or sell them early to lock in profits.
Collecting at settlement
The simplest way to cash out your investment in a Kalshi market is to hold your contracts until the market closes. When the market is settled, you’ll automatically earn $1 for every correct contract you own.
Closing out early
In some cases, you might want to sell your contracts before the outcome of the event is known to lock in profit or minimize losses. You can do that by placing a sell order to reduce your position.
You can do this by going to the market and selecting sell on the right hand side.
To find the contract you purchased, go to the Portfolio page.