US x Iran Effective Ceasefire begins by...? (2 week pause): live odds and probabilities
The market favorite is December 31 at 81.5%, ahead of November 30 at 67.5%. $1.7M traded across 5 outcomes.
Favorite
24h move
Volume
Closes
IranPoliticsceasefirePeace DealGeopolitics
All outcomes
| Outcome | Probability | 24h |
|---|---|---|
| December 31 | 81.5% | -0.5 |
| November 30 | 67.5% | +5.0 |
| November 22 | 57.5% | +9.0 |
| November 15 | 43.5% | +8.0 |
| November 8 | 32.5% | +7.0 |
Prices are the Polymarket mid or last trade at 2026-11-15 10:15 UTC. A price of 64¢ implies roughly a 64% chance. Prices include spread and are not forecasts by BetG8.
Price history
Market rules and resolution
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
How to read this market
Frequently asked questions
- Who is favored in "US x Iran Effective Ceasefire begins by...? (2 week pause)"?
- As of November 15, 2026, December 31 is the favorite at 81.5%, followed by November 30 at 67.5%.
- When does this market resolve?
- The market is scheduled to close on December 31, 2026. It resolves under Polymarket's rules once the outcome is known, which can be earlier or later than the listed date.
- How much has been traded?
- $1.7M in total and $212K in the last 24 hours, with about $189K of resting liquidity.
- Can I trade this market?
- Polymarket restricts access by location; the US version (Polymarket US) and the offshore site have different rules and fee schedules. Check availability in your jurisdiction. BetG8 earns a referral fee from the Polymtrade links on this page.
Related on BetG8
Data: Polymarket Gamma and CLOB APIs, fetched by BetG8 at the time shown above. Venues may restrict access by location. 18+ only.