GeopoliticsCloses · in 8 days$233.1K volumePart of: US x Iran Effective Ceasefire begins by...? (2 week pause) →

US x Iran Effective Ceasefire by November 22?

Gotcha risk

Medium

3 of 4 factors flagged

Watch for: The title refers to an 'Effective Ceasefire', but the resolution relies on a technical definition: completing a continuous 14-day window without a specific qualifying US military strike on Iranian territory.

Read the full assessment

The title refers to an 'Effective Ceasefire', but the resolution relies on a technical definition: completing a continuous 14-day window without a specific qualifying US military strike on Iranian territory. Highly specific military exceptions apply; for instance, ground incursions, artillery, naval gunfire, intercepted munitions, debris, cyberattacks, and strikes on maritime areas or airspace do not break the 14-day count, even if significant hostilities occur. Determining whether a strike directly impacted terrestrial territory or was intercepted, as well as establishing attribution, relies on a consensus of reporting and official government statements without a single designated authority, requiring discretionary judgment if reports conflict.

Resolver
High
Timing
Low
Wording
Medium
Exceptions
High

AI-generated analysis · google/gemini-3.7-flash ·

Current price

52%

chance

▼ −12 pts · 24h

Yes52¢
No49¢
November 22 · Yes · 1MO 51.5 H 65.5 L 47.5 C 51.5±0.0 (+0.0%)

Why it moved

Latest move

▼ −11 pts24h · detected 13 Nov 2026, 05:55 UTC

The market fell from 64% to 53% as related ceasefire timeline outcomes, including November 15 and November 30, also moved downward simultaneously, pointing to a broader repricing across linked event markets.

  • Largest hourly change: 17:00 UTC, 81% of the net 24-hour change.
  • Closes 9 days after the move hour.
  • 2 related outcomes moved in the same window, 2 in the same direction. Largest: November 15 (down), November 30 (down).

News check pending.

A possible driver, not a confirmed cause. Wallets are anonymous. Activity is public on-chain; it says nothing about intent.

AI-generated · 13 Nov 2026, 06:05 UTC

Earlier

▼ −14 pts · 12 Nov 2026, 17:40 UTCThe market fell from 65% to 51% alongside related ceasefire outcomes for November 15 and November 30, which also moved downward, indicating a broader repricing across the event's timelines as the likely driver.News check pending.AI-generated · 12 Nov 2026, 17:51 UTC

Earlier

▲ +11 pts · 10 Nov 2026, 05:55 UTCThe market price rose from 49% to 60%, but there is insufficient evidence to identify a likely driver for the move.News check pending.AI-generated · 10 Nov 2026, 06:05 UTC

Resolution rules

This market will resolve to “Yes” if a continuous 14-day period during which the United States does not take a qualifying military action against Iran is completed, where the first day of that period is between market creation and the specified date (Iran Standard Time). Otherwise, this market will resolve to “No.” The first day of the 14-day period will be the calendar date (Iran Standard Time) after the most recent qualifying military action. Military actions occurring before market creation are not qualifying military actions. Where no qualifying military action has occurred after market creation, the first day of the 14-day period will be the date of market creation (Iran Standard Time). The period runs through 11:59 PM Iran Standard Time on the 14th calendar day. 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. To allow for the reporting of any qualifying military action occurring within a 14-day period, that period will not be considered completed until 11:59 PM Iran Standard Time on the third calendar date following its 14th day; only qualifying military actions occurring within the 14-day period will be considered for that period. If multiple sources conflict regarding the occurrence, attribution, or timing of a potentially-qualifying incident at that time, 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.

Market explained

This market measures whether the United States ceases qualifying direct military strikes against Iran's terrestrial territory for a continuous 14-day period starting between market creation and November 22.

How it resolves

The market resolves to Yes if a continuous 14-day period with no qualifying US military action against Iran is completed, where the first day of that period starts between market creation and November 22 (Iran Standard Time). Otherwise, the market resolves to No. Qualifying actions are US-initiated air strikes or surface-to-surface missile strikes directly impacting Iranian terrestrial territory or internal waters. Intercepted munitions, debris, ground incursions, naval artillery, cyber operations, small-arms fire, and minor surface strikes do not qualify. A 14-day period is not finalized until 11:59 PM Iran Standard Time on the third calendar date after its 14th day to allow for reporting. Resolution is decided by a consensus of credible reporting and official information from the US and Iranian governments and militaries.

Resolution source

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

AI-generated analysis · google/gemini-3.7-flash ·