US and Israel prepare to strike Iran as ceasefire odds plummet to 1.1%

3 hours ago 2

The U.S. and Israel are ready to strike Iranian targets if negotiations fail. The odds of a US-Iran ceasefire by April 7 have plummeted to 1.1% YES, down from 12% last week.

Traders are pessimistic about a ceasefire soon, with the April 7 market nearly flat at 1.1% YES. The April 30 market has dropped significantly to 17.5% YES from 40% a week ago. The 19-point jump from April 30 to May 31 suggests traders expect a potential catalyst after April.

Heavy trading saw $430,773 in USDC change hands in the past 24 hours across these markets. April 15 odds at 6.5% YES show skepticism, despite a $40,022 depth needed to shift the price 5 points. The largest move was a 2-point spike for April 30 at 5:08 PM, indicating speculative interest.

Mario Nawfal’s report hints at escalation, but its tier-3 source status makes traders cautious. Without official confirmation, the impact is limited, though military action remains a possibility. A YES share at 1.1¢ for April 7 pays $1 if resolved — a 90x return, but betting on it requires belief in a rapid diplomatic breakthrough.

Watch for statements from CENTCOM or shifts involving Oman or Qatar. Aggressive language from Trump or Netanyahu could further lower ceasefire odds.