prediction-markets

Iran Ceasefire Odds Hold High as Hormuz Claims Diverge

An unmarked oil tanker crosses a narrow sea passage, with another cargo vessel faintly visible in the haze.
Shipping through a narrow waterway provides the backdrop to competing Hormuz claims and a narrowly defined ceasefire contract. Illustration: MarketIntelLabs

Polymarket’s probability that the US-Iran ceasefire survives through October 15 rose to 90.5% at 00:00 UTC on October 8, then eased to 86.5% by 07:44 UTC. The market is treating another day without a qualifying US strike on Iranian territory as likely, but its rules are narrower than a general claim that the conflict has cooled.

Key Takeaways Polymarket marked the ceasefire market YES at 90.5% shortly after midnight UTC on October 8, then at 86.5% by 07:44 UTC. The October 15 contract had about $122,438 in 24-hour volume and $55,969 in liquidity at 07:44 UTC on October 8. CENTCOM said on October 7 that traffic was moving through Hormuz, while also reporting continued enforcement of the US blo…

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