US x Iran Effective Ceasefire by September 11?
Right now · Deadline: September 11, 2026
This market has resolved.
Yes
Every deadline for this question has passed.
How the price has moved
We started recording this market's daily price today — the history will build from here.
Every deadline so far
Polymarket re-lists this question at successive deadlines. Each row is one of them, with how it resolved.
- July 31, 2026US x Iran Effective Ceasefire by July 31?Yes$8.9M
- August 14, 2026US x Iran Effective Ceasefire by August 14?Yes$1.6M
- August 31, 2026US x Iran Effective Ceasefire by August 31?Yes$1.9M
- September 4, 2026US x Iran Effective Ceasefire by September 4?Yes$2.6M
- September 7, 2026US x Iran Effective Ceasefire by September 7?Yes$855K
- September 11, 2026CurrentUS x Iran Effective Ceasefire by September 11?Yes$283K
How this resolves
The rules below decide who gets paid. Read them before the price — most surprises are definitional, not predictive.
This market will resolve to “Yes” if there is a continuous 14-day period during which the United States does not take a qualifying military action against Iran that begins at any time between market creation and the specified date, 11:59 PM ET. Otherwise this market will resolve to “No.”
The first day of the 14-day period will be the calendar date (ET) after the most recent qualifying military action (or the date of market creation, if no qualifying action has occurred). The period runs through 12:00 PM ET on the 14th calendar day. This market resolves to “Yes” if any such period is completed where the most recent qualifying military action occurred on or before the specified end date (ET).
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.
A military action will be considered to impact Iran if it directly impacts the terrestrial territory of Iran, including any internal waters. 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. Where multiple sources conflict regarding the occurrence, attribution, or timing of a relevant military action, this market will remain open until the earlier of: i) the confirmation of the occurrence, attribution, and timing of the action based on a consensus of information available from the resolution sources or ii) 3 full calendar days (ET) from the date of the first credibly reported evidence of the action. If this period would extend past the end date, this market will remain open to allow for 3 full calendar days to pass. If, at the end of the third calendar day, conflicting reports remain as to the occurrence, attribution, or timing of the action, the action will be judged 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 credible reporting.
Guides
Background worth reading before you trade this.
- ANALYSISHow to trade the oil shock after the Saudi pipeline strikeWith Hormuz closed and Saudi Arabia's bypass pipeline shut, WTI $110 jumped from 14.5c to 47c. A three-leg basket for the scenario the market prices, and where it loses.
- ANALYSISIran de-escalation basket: calm is priced, talks are notFive Iran contracts settling 30 September. Three are already decided and cost most of the money; two carry the whole trade. What $100 actually returns.
- ANALYSISWhat the Strait of Hormuz markets are actually pricingThe Hormuz reopening markets don't settle on news. They settle on one number published by IMF PortWatch — and until you know that number, you are trading the wrong question.
Follow this market, or take a position, straight from Telegram.
Open in TelegramPrice as of 2026-09-19 11:27 UTC · Source: Polymarket