PolymarketResolvedOutcome: NoClosed Part of US-Iran ceasefire continues through...? →

US x Iran ceasefire continues through November 4?

Outcome

No

Polymarket resolved this market to No.

Final No price before close 99¢
Known at
$461.3K total volume

No price before close

7 days before close
Not captured
24 hours before close
1 hour before close

Midpoint prices known at each point; implied probability in cents. Times in UTC.

Medium gotcha risk

Gotcha risk at close — resolution-rule assessment

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The market title mentions a ceasefire, but the specific rules define resolution strictly around unilateral US strikes rather than bilateral actions. There is a detailed list of excluded military activities, such as intercepted munitions, debris, naval gunfire, artillery, and minor drone strikes, which could surprise participants expecting any hostile exchange to count. Resolution relies on a consensus of credible reporting alongside official statements from the US and Iranian militaries, leaving significant discretion to adjudicators if reports conflict or if attribution is murky. The rules also include a specific three-day waiting period to evaluate conflicting reports if an alleged strike occurs near the deadline.

Wording ambiguity
Med
Source discretion
High
Timing risk
Low
Exceptional clauses
High

AI-generated before close · google/gemini-3.7-flash ·

Price history range

Price path to close

No price
0¢50¢100¢04:0011:4019:2003:00
0¢50¢100¢Nov 1Nov 1Nov 2Nov 3
0¢50¢100¢Nov 2Nov 2Nov 2Nov 3

Why it moved before close

Down 91 points · 3 Nov 2026, 00:00 UTC

Related outcomes

The market price dropped sharply from 92% to 2%, moving in tandem with at least 5 related ceasefire markets that repriced downwards at the same time.

  • Largest hourly change: 00:00 UTC, 93% of the net 24-hour change.
  • Closes 2 days after the move hour.
  • 5 related outcomes moved in the same window, 5 in the same direction. Largest: November 8 (down), November 15 (down), November 22 (down).

No news-backed explanation was ready before close.

AI-generated · 3 Nov 2026, 02:05 UTC

Market explained before close

This market measures whether the United States refrains from launching qualifying military strikes directly impacting Iranian terrestrial territory through November 4. It specifically excludes intercepted munitions, minor drones, artillery, and maritime or airspace strikes.

How it resolves

The market resolves to Yes if the United States does not take a qualifying military action against Iran by November 4 at 11:59 PM Iran Standard Time. The market resolves to No if the United States takes a qualifying military action against Iran by that deadline. A qualifying action is an air strike or surface-to-surface missile strike initiated by the US that directly impacts Iran's terrestrial territory or internal waters. Intercepted munitions, debris, ground incursions, cyber operations, naval or artillery fire, and minor drone or ATGM strikes do not qualify. Resolution is determined by official information from the US and Iranian governments and militaries alongside a consensus of credible reporting.

Key dates

  • Evaluation deadline: — Deadline in Iran Standard Time for a qualifying military action to occur

Resolution source

Official information from the governments and militaries of the United States and Iran and a consensus of credible reporting

AI-generated before close · google/gemini-3.7-flash ·

Resolution rules at close

This market will resolve to “No” if the United States takes a qualifying military action against Iran by the specified date, 11:59 PM Iran Standard Time. 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 strikes, including short range loitering munitions, FPV drones, and ATGM strikes; Any threat, authorization, or announcement of force that has not been executed. Any munition that is intercepted or destroyed before impact does not constitute a qualifying military action. Debris, fragments, or any wreckage from intercepted munitions that land on Iran do not constitute a military action regardless of any damage incurred. “Iran” refers to the terrestrial territory of Iran, including its internal waters. Iran’s maritime territory and airspace are not encompassed. Where territorial borders are disputed, all territory claimed by and under the de facto control of Iran as of market creation will qualify. The occurrence, attribution, and timing of a qualifying military action will be primarily determined based on a consensus of information available from the resolution sources. Where multiple sources conflict regarding the occurrence, attribution, or timing of a relevant military action, this market will remain open until the earlier of: i) the confirmation of the occurrence, attribution, and timing of the action based on a consensus of information available from the resolution sources or ii) 3 full calendar days (Iran Standard Time) from the date of the first credibly reported evidence of the action. If this period would extend past the end date, this market will remain open to allow for 3 full calendar days to pass. At the end of the third calendar day, if conflicting reports remain, the incident will be adjudicated based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information. The resolution sources for this market will be official information from the governments and militaries of the United States and Iran and a consensus of credible reporting.

About this page

A record of how this market resolved. The prices, analysis and rules shown here come from data Brierpoint captured or generated before close.