US x Iran effective ceasefire continues through November 6, 2026?

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

Yes at 94% on 6 Nov 2026, up 5 pts over the previous 7 days. No big jumps detected yet.

Next up Ceasefire Negotiations in Switzerland, 6 Nov 2026 (today); then Strait of Hormuz Reopening Status, 6 Nov 2026 (today). More

Data from Polymarket.

Context

This prediction market asks whether an effective ceasefire between the United States and Iran will continue through November 6, 2026. The market resolves to "No" if the United States initiates a qualifying military action, such as an air strike or a surface-to-surface missile strike that directly impacts Iran, before 11:59 PM Iran Standard Time on the specified date. Otherwise, it resolves to "Yes."

Recent reports indicate that diplomatic and negotiation efforts are intensifying following the U.S. midterm elections, with Iran stating it will return to a ceasefire if the U.S. does, and negotiators heading to Switzerland. Meanwhile, oil prices have experienced volatility and shipping attacks continue in the Persian Gulf amid lingering military escalation fears.

Sources: EnergyNow: Iran Closes Strait of Hormuz Again and Says its Negotiating Team With U.S. is Heading to Switzerland, DW.com: Iran says it will return to ceasefire if US does, CNBC: Oil prices set for sharp weekly fall after midterm elections as investors weigh Iran conflict risk, Daily Times: Diplomatic efforts intensify to end ongoing military conflict between US and Iran, CBS News: More ships attacked in Persian Gulf, oil prices rebound slightly after post-midterm plunge

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

What could move it next

  1. 6 Nov 2026

    Ceasefire Negotiations in Switzerland

    High impact

    Iran announced that its negotiating team with the U.S. is heading to Switzerland to discuss terms. A successful diplomatic outcome could help maintain the ceasefire and push the chance of Yes higher.

    Source: EnergyNow: Iran Closes Strait of Hormuz Again and Says its Negotiating Team With U.S. is Heading to Switzerland

  2. 6 Nov 2026

    Strait of Hormuz Reopening Status

    High impact

    Iran recently closed the Strait of Hormuz and signaled a potential return to the ceasefire if the U.S. does. Developments regarding maritime access and formal ceasefire reinstatement will directly impact market resolution.

    Source: EnergyNow: Iran Closes Strait of Hormuz Again and Says its Negotiating Team With U.S. is Heading to Switzerland, DW.com: Iran says it will return to ceasefire if US does

  3. 6 Nov 2026

    U.S. Military Action Evaluation

    High impact

    The market resolves to No if the United States initiates a qualifying military action, such as an air strike or surface-to-surface missile strike directly impacting Iran, before 11:59 PM Iran Standard Time. Any unintercepted strike of this nature before the deadline will trigger a No resolution.

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

Price jumps explained

No jumps detected for this market yet.

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 6, 2026”?

On 6 Nov 2026, Polymarket traders priced Yes at 94%, which means they saw about a 94 in 100 chance. That was up 5 points over the previous 7 days. The live price is shown in the chart at the top of this page.

What could change the odds next?

Coming up: Ceasefire Negotiations in Switzerland (6 Nov 2026); Strait of Hormuz Reopening Status (6 Nov 2026); U.S. Military Action Evaluation (6 Nov 2026). Details are under “What could move it next”.

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 7 Nov 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.