US x Iran effective ceasefire continues through November 30, 2026?

Odds, price jumps explained, and what could move it next

Yes at 42% on 4 Nov 2026, down 2 pts over the previous 7 days. 1 big jump since 4 Nov 2026, listed below.

Data from Polymarket. Numbered dots are the jumps explained below.

Context

This market asks whether an effective ceasefire between the United States and Iran will continue through November 30, 2026. It will resolve to "No" if the United States initiates a qualifying military action, such as an air strike or surface-to-surface missile strike that directly impacts Iran, before the deadline. Otherwise, the market will resolve to "Yes."

Recent reports indicate that a ceasefire and a 14-point memorandum of understanding have recently emerged between the United States and Iran, following political fallout from the conflict that impacted the recent US midterm elections. Officials from both sides have commented on the fragile truce, while markets and observers watch closely for potential escalation.

Key factors include statements from Iranian leadership, such as Supreme Leader Ali Khamenei and chief negotiators, alongside US political figures like JD Vance addressing the electoral cost of the war. The rules explicitly exclude intercepted munitions, surface-to-air strikes, ground incursions, cyber operations, and naval gunfire from triggering a "No" resolution.

Sources: ABC News - Breaking News, Latest News and Videos: Key takeaways from the 14-point memorandum of understanding between US, Iran, Iran International: Could Democrats' midterm victory accelerate Trump's Iran war?, ABC News - Breaking News, Latest News and Videos: How the last-minute deal between Trump and Iran unfolded, Arabian Business: Iran war live: Khamenei says US midterms change nothing in conflict, BBC: Iran's chief negotiator says Americans voted 'no to war', The Week: ‘The reason we lost is the war’: JD Vance admits Iran conflict cost Republicans in midterms

Written by AI from the linked news sources and checked automatically, not by a person.

What could move it next

No upcoming events listed for this market yet.

Price jumps explained

  1. 4 Nov 2026

    US-Iran Ceasefire Extension and Midterm Results

    38% → 47%Likely cause

    The probability of a continued ceasefire increased after reports that the US and Iran were considering extending their ceasefire by two weeks. Additional coverage highlighted comments from Iranian officials and US political figures following the midterm elections regarding the conflict.

    Sources: EnergyNow.com: US and Iran Weigh Extending Their Ceasefire by Two Weeks, BBC: Iran's chief negotiator says Americans voted 'no to war', The Week: ‘The reason we lost is the war’: JD Vance admits Iran conflict cost Republicans in midterms

    After 24 h: too early. After 7 days: too early.

Written by AI from the linked news sources and checked automatically, not by a person.

Other markets in “US-Iran effective ceasefire continues through...?”

Questions about this market

What are the odds for “US x Iran effective ceasefire continues through November 30, 2026”?

On 4 Nov 2026, Polymarket traders priced Yes at 42%, which means they saw about a 42 in 100 chance. That was down 2 points over the previous 7 days. The live price is shown in the chart at the top of this page.

Why did the odds move recently?

The latest explained move was on 4 Nov 2026, from 38% to 47%: US-Iran Ceasefire Extension and Midterm Results. The probability of a continued ceasefire increased after reports that the US and Iran were considering extending their ceasefire by two weeks. Every big move is listed under “Price jumps explained” (this one is number 1).

How does this market resolve?

This market will resolve to “No” if the United States takes a qualifying military action against Iran between market creation and the specified date, 11:59 PM Iran Standard Time. Otherwise this market will resolve to “Yes.” The full Polymarket rules are at the bottom of this page.

When does this market end?

Polymarket lists 1 Dec 2026 as the end date. It can settle earlier or later if the rules say so, for example when an official result comes in.

Can I bet on this market on predictionwave?

No. predictionwave only explains the odds. The market itself runs on Polymarket, and trading there is not allowed in every country.

How this market resolves (Polymarket rules)

This market will resolve to “No” if the United States takes a qualifying military action against Iran between market creation and 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. Unless a qualifying military action has already been established by a consensus of information available from the resolution sources, this market will remain open until 11:59 PM Iran Standard Time on the third calendar date following the specified date. If multiple sources conflict regarding the occurrence, attribution, or timing of a potentially-qualifying incident at 11:59 PM Iran Standard Time on the third calendar date following the specified date, 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.