Hezbollah’s IED attack killed Sgt. 1st Class (Res.) Lidor Porat in southern Lebanon. The Israel-Hezbollah ceasefire by March 31, 2026 market sits at 0% YES.
The attack is the latest in ongoing hostilities that have pushed ceasefire odds to zero. The March 31 ceasefire market is at 0% YES, with traders pricing in no realistic path to near-term peace. Diplomatic talks are happening in Washington, but the continued fighting in southern Lebanon shows a gap between negotiations and conditions on the ground.
The market for Israel military action against Iran by April 21 remains at 14.4% YES, unchanged by this event. Traders treat the Hezbollah conflict as separate from Iran-centric operations. Israel’s military focus remains on southern Lebanon, where capturing Bint Jbeil is a primary objective.
Trading volume in the Israel-Hezbollah ceasefire market is negligible, with face value at zero. Traders are weighting military developments more heavily than diplomatic channels. The 0% YES price means there is no financial incentive to bet on a ceasefire by March 31 without a major change in circumstances.
Continued IED attacks and active combat operations point to a conflict with no near-term resolution. At current odds, the market requires either a significant diplomatic breakthrough or a clear de-escalation before ceasefire bets become viable.
Watch for statements from Israeli and Hezbollah leadership, particularly any shifts in military strategy. The encirclement of Bint Jbeil and any potential breakthroughs in Washington talks could move these markets.
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Israel Military Action Against Iran 167| Contract | Odds | Δ since publish | Volume 24h | |
|---|---|---|---|---|
| April 21 | 13.6% | — | — | Trade → |
| Contract | Odds | Δ since publish | Volume 24h | |
|---|---|---|---|---|
| April 1 | 100% | — | — | Trade → |
| April 5 | 100% | — | — | Trade → |
| April 9 | 100% | — | — | Trade → |
| Contract | Odds | Δ since publish | Volume 24h | |
|---|---|---|---|---|
| June 30 | 100% | — | — | Trade → |
| April 30 | 100% | — | — | Trade → |
