Trump’s tweet took a hardline position against Iran, and the odds for no US-Iran meeting occurring by June 30 moved to 4% YES, up from 2% yesterday.
The diplomatic meeting location market, June 30, saw a 2-point increase in YES odds as traders priced in a prolonged stalemate. With 73 days left, the $16,862/day face value is backed by just $400 in actual USDC, suggesting limited conviction.
The peace deal markets dropped sharply. The chances of a permanent peace deal by April 22 fell to 17.5% YES from 40% yesterday. The largest single move was a 5-point drop at 5:56 PM. The April 30 market sits at 38% YES, down from 61%.
Trading volume in the peace deal market hit $1,644,301 in actual USDC over 24 hours. The cost to move odds by 5 points ranges from $9,404 to $16,198, which means small players can’t easily push this market around.
Trump’s rhetoric points toward military focus rather than diplomatic resolution. For traders, this means recalibrating expectations for a peace deal. A YES share for June 30 is priced at 70.5¢, offering a 1.47x return if a deal is struck. The odds reflect skepticism, but the payout could attract contrarian bets if diplomacy shows any signs of progress.
Watch for credible news on diplomatic engagements, especially involving Pakistan as a mediator. A confirmed meeting or breakthrough in talks could move these markets fast.
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Where Will The Next Us Iran Diplomatic Meeting Happen 455| Contract | Odds | Δ since publish | Volume 24h | |
|---|---|---|---|---|
| June 30 | 2.8% | — | — | Trade → |
| Contract | Odds | Δ since publish | Volume 24h | |
|---|---|---|---|---|
| April 22 | 17.5% | — | — | Trade → |
| April 30 | 36.5% | — | — | Trade → |
| May 31 | 63.5% | — | — | Trade → |
| June 30 | 70.5% | — | — | Trade → |
