US and allies intensify military actions against Iran

5 hours ago 5

Operation Epic Fury’s escalation cuts ceasefire odds. Ceasefire by April 7 is at 8.5% YES, down from 10% yesterday.

The conflict’s intensification hits prediction markets. The April 7 ceasefire market is at 8.5% YES, showing traders’ doubts about a resolution soon. The April 15 market is slightly more hopeful at 18.5% YES, down from 20%. April 30 stands at 38.5% YES, indicating some expectation of de-escalation or diplomacy.

Trader activity is high, with $1,365,780 USDC traded in ceasefire markets in 24 hours. The largest price move was a 4-point rise in the April 30 market. The April 7 market needs $15,138 to shift 5 points, showing its sensitivity to large trades.

The military campaign heightens the risk of US ground forces entering Iran. The April 30 market for US forces entry is at 52.5% YES, reflecting increased likelihood due to the conflict. The chance of the Iranian regime falling by June 30 is 10.5% YES, down from 12%, as traders assess regime stability.

The geopolitical situation remains volatile. Ceasefire odds are low without diplomatic progress. At 8.5¢, a YES share on an April 7 ceasefire pays $1 if it resolves, offering an 11.8x return. Confidence in a sudden diplomatic breakthrough is needed for this bet.

Watch for Trump’s statements, CENTCOM briefings, or moves by Oman and Qatar. These could shift market dynamics.