Israel’s plan to trigger regime change in Iran was stopped at the last minute, according to Ynet. Reza Pahlavi entering Iran by June 30 is at 6.5% YES, up slightly from 6% yesterday.
The halted plans have kept several related markets subdued. The Reza Pahlavi entry by June 30 sits at 6.5% YES. The December 31 market is higher at 16.5% YES, suggesting bettors see any change as more likely later in the year. The Iranian regime fall by June 30 is at 8.5% YES, barely moved from 8% yesterday.
The regime fall market is the most liquid of the three, with $35,587 in actual USDC traded daily. It takes $16,830 to shift its odds by 5 points, which indicates solid depth. The Reza Pahlavi markets trade with less volume, $736 and $3,347 in actual USDC for June and December respectively, and their order books are thinner, requiring only $7,632 and $6,203 to move them 5 points.
The reporting points to a de-escalation from active regime-change efforts toward military capability degradation. Previous Israeli military raids in Iran corresponded with decreased odds in these markets. At 8.5¢, a YES share on regime fall pays $1 if it resolves by June 30, a 11.8x return. That payout only makes sense if you expect a major internal shake-up soon.
Watch for shifts in US or Israeli military operations and Iranian internal politics, particularly moves by Mojtaba Khamenei or the IRGC. These could move market odds quickly.
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Will Reza Pahlavi Enter Iran June 30| Contract | Odds | Δ since publish | Volume 24h | |
|---|---|---|---|---|
| June 30 | 6.5% | — | — | Trade → |
| December 31 | 16.5% | — | — | Trade → |
| Contract | Odds | Δ since publish | Volume 24h | |
|---|---|---|---|---|
| June 30 | 8.5% | — | — | Trade → |
