Iranian Foreign Ministry spokesman Esmaeil Baghaei accused the US of not being serious in talks and violating the ceasefire. The US-Iran ceasefire by April 30 market is now at 37.5% YES, down from 59% yesterday.
Baghaei’s comments hit related markets hard. The US-Iran peace deal by April 22 sits at 19.5% YES, down from 40% just 24 hours ago. With only four days until resolution, traders are pricing out a quick diplomatic deal. The April 30 peace deal market tracks the same direction, now at 37.5% YES.
The peace deal term structure shows a 21-point jump in odds between April 30 and May 31, suggesting traders expect a possible catalyst in that window but not before. The diplomatic meetings with Iran by April 30 market is at 18.6% YES.
Daily USDC volume is $80,435 on the ceasefire market and $1,644,301 across the peace deal markets combined. The diplomatic meetings market has a thin order book, with just $283 needed to move the price 5 points, meaning small trades can swing odds significantly.
Baghaei’s remarks point to escalating tensions, making a ceasefire extension less likely. At 38¢, a YES share pays $1 if military operations end by April 30, a potential 2.63x return. For that bet to work, traders need signs of US or Iranian concessions soon.
Watch for CENTCOM’s operational status or any movement from intermediaries like Oman or Qatar. Either could shift ceasefire odds quickly.
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Trump Announces End Of Military Operations Against Iran| Contract | Odds | Δ since publish | Volume 24h | |
|---|---|---|---|---|
| April 30 | 38.5% | — | — | Trade → |
| Contract | Odds | Δ since publish | Volume 24h | |
|---|---|---|---|---|
| April 22 | 17.5% | — | — | Trade → |
| April 30 | 38% | — | — | Trade → |
| May 31 | 64.5% | — | — | Trade → |
| June 30 | 70.5% | — | — | Trade → |
| Contract | Odds | Δ since publish | Volume 24h | |
|---|---|---|---|---|
| April 30 | 18.6% | — | — | Trade → |