Will another country strike Iran by March 31?

How to read the numbers

Implied / market-implied YES

The probability of YES implied by current traded prices (mid or last). It is what participants are paying for, not a claim about real-world odds.

Estimated fair value (EFV)

A rule-based heuristic from the signal engine when a rule sets one, not a black-box forecast. Some signals only describe liquidity or spreads and may show no EFV.

Edge / gap

The difference between EFV and market-implied, in percentage points (EFV minus market for YES). Filters may use “largest gap.” This is informational only—not trading advice or guaranteed advantage.

Stance (above / below / near estimate)

Compares market-implied to EFV when both exist. Labels are not buy or sell recommendations.

Severity

How strong the rule hit is on a 1–5 scale. It reflects rule strength, not statistical confidence that the outcome will occur.

Volume

Reported trading activity for the market, for context on size and liquidity.

Change & sparklines

Movement in market-implied YES over the window labeled on the card—often 24h where data allows.

Signals

Rule-based flags from ingested public data. They are not trade recommendations.

More detail in Methodology.

Market-implied 5.5%

Below estimateVolume ~3,882,500.01← All markets

Recent price

5.5%

This market will resolve to “Yes” if any country other than Israel or the United States initiates a drone, missile, or air strike on Iranian soil or any official Iranian embassy or consulate by March 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No.” For the purposes of this market, a qualifying “strike” is defined as the use of aerial bombs, drones, or missiles (including cruise or ballistic missiles) launched by a country other than Israel or the United States’ military forces that impact Iranian ground territory or any official Iranian embassy or consulate (e.g., if a weapons depot on Iranian soil is hit by a missile or drone launched by such a country, this market will resolve to “Yes”). Missiles or drones that are intercepted and surface-to-air missile strikes will not be sufficient for a “Yes” resolution regardless of whether they land on Iranian territory or cause damage. Actions such as artillery fire, small arms fire, FPV or ATGM strikes directly, ground incursions, naval shelling, cyberattacks, or other operations conducted by ground forces of countries other than Israel or the United States will not qualify. The resolution source will be a consensus of credible reporting.