US-Iran ceasefire continues through the midterms?
Probability over time
last 30 daysWhat this means
Traders currently price this at 91% — the market's collective estimate that it happens. The market leans toward yes, though it's far from settled. Over the last 7 days the odds moved +12 pts.
How this resolves
This market will resolve to “No” if the United States takes a qualifying military action against Iran by November 3, 2026, 11:59 PM ET. Otherwise this market will resolve to “Yes.” A qualifying military action refers to an air strike or a surface-to-surface missile strike, initiated by the United States, that directly impacts Iran. An air strike includes bombs, air-to-surface missiles, and air-launched drones. A surface-to-surface missile strike includes one-way attack drones and surface-to-surface missiles such as cruise or ballistic missiles. The following actions do not constitute a qualifying military action: Munitions destroyed or intercepted before impact; Surface-to-air missile strikes; Small-arms fire; Ground incursions; Cyber operations; Naval gunfire and artillery fire; Howitzers, artillery pieces, mortars, and rocket artillery (e.g. MLRS systems); Minor surface-to-surface st…