REJECTED — Price already looks about right

Israel x Iran ceasefire continues through December 31?

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Why it looked attractive

Price drifted to a point 6pts away from our last stored estimate, flagged for RECHECK; the broader Middle East war news this week (Iraqi gas-field drone strike, tanker mine attacks, blockade) made the ceasefire status worth re-checking.

Why it was rejected

Re-derived estimate from the narrow resolution definition lands at 0.55, within 1pt of the market's 0.555 -- genuine no-edge. The stored 6pt gap was stale drift, not a live mispricing; no qualifying Israel-Iran strike occurred this week to justify moving off the market's own decay curve.

Considered betting
NO (it doesn't happen)
Our estimate
55% chance YES
Would have paid
45¢ per NO share
Market
56% chance YES
Date
today
Key figures
  • Israel x Iran ceasefire continues through December 31?: yes 0.555, bid 0.55, ask 0.56, liquidity $126,548
  • ...through November 15?: yes 0.915
  • ...through November 30?: yes 0.725
  • ...through December 15?: yes 0.605
Evidence sources
  • www.aljazeera.com/news/liveblog/2026/11/9/iran-war-live-trum
    Nov 9: drone strike on Khor Mor gas facility (Iraqi Kurdistan) and US 'Iron Gate' land blockade on Iran are the lead items; neither is a direct Israel-Iran air/missile strike under the market's resolution criteria.
  • thewarrecord.com/iran-war/timeline/2026-11/
    Nov 6-8 timeline entries show tanker mine strikes in the Strait of Hormuz, Houthi-Saudi exchanges, and US 'minor strikes' on Iranian air defenses, but record no Israeli strike on Iranian territory or Iranian strike on Israeli territory in this window.
Council verdicts

No council record