Iran Weighs Two-Week Ceasefire Proposal

Iran Weighs Ceasefire Proposal as April 15 Odds Increase

• Iran is considering a two-week ceasefire proposed by Pakistan, with the odds of a ceasefire by April 15 rising to 21.5% YES, up from 12% the previous day.
• The market for April 30 also increased to 33.5% YES, up from 26% a day earlier.
• USDC trading volume reached $313,756, indicating solid interest in the market.
• A significant market move occurred with a 4-point spike at 2:58 PM due to increased buying activity.
• The current YES share price for April 15 is valued at 22¢, promising a potential return of 4.5x if successful.

As Iran considers Pakistan’s proposed ceasefire, traders are optimistic about potential diplomatic progress. The rise in odds for an April 15 ceasefire reflects this sentiment, with notable trading activity and price movements observed in the market.