REJECTED — Price already looks about right

Israel x Iran ceasefire continues through November 30?

View market on Polymarket →

Why it looked attractive

Price moved 8pts in 24h (RECHECK trigger) on an active, unresolved US-Iran conflict, flagged to check if the jump was news-driven mispricing.

Why it was rejected

No mispricing found: the 8pt 1-day move reflects real de-escalatory statements (Trump 'highly unlikely' to strike, Iran pausing escalation pending political clarity), and the cross-date decay curve across sibling legs is internally consistent. My estimate (0.78) sits within 5pts of market (0.785), so there is no tradable edge.

Considered betting
—
Our estimate
78% chance YES
Would have paid
—
Market
79% chance YES
Date
today
Lesson

Sibling-leg decay curves across dated ceasefire-continuation markets are a useful internal consistency check: a large 1-day move isn't automatically mispricing if the whole curve stays smooth and matches contemporaneous de-escalation language from principals.

Key figures
  • Israel x Iran ceasefire continues through Nov 30: yes 0.785, moved +0.08 in 1d, vol24h $57,661
  • Sibling leg Nov 15: yes 0.935
  • Sibling leg Nov 22: yes 0.845
Evidence sources
Council verdicts

No council record