Israel’s continued strikes on Lebanese infrastructure, including solar panels, make an immediate military withdrawal unlikely. The probability of Israel withdrawing from Lebanon by April 30 sits at 0.5% YES, down from 1% yesterday.
Israel has been targeting southern Lebanon’s infrastructure and disrupting essential services. The latest attacks signal an entrenched military posture. The April 30 withdrawal market is effectively dead, while May 31 and June 30 sit at 4% and 11% YES, respectively.
The term structure is clear: near-zero chance by April, rising slightly by June. This prices in the possibility that withdrawal could follow broader geopolitical pressure or negotiation over the next two months. The largest recent move was a 2-point drop for May 31, showing growing pessimism about near-term resolution.
Trading volume is thin. Face value across withdrawal markets is $16,360, but actual USDC traded is just $992. It takes only $587 to move the April odds 5 points, which means these prices are fragile. June’s market is slightly thicker, needing $1,547 for the same shift.
The news points to entrenched positions rather than de-escalation. With shares priced at 11¢ for June 30, a YES payout would be a 9x return. But that requires a significant shift in Israeli or Hezbollah strategy soon.
Watch for IDF operational statements or international diplomatic moves. Any change in Netanyahu’s public stance or UN mediation efforts would be the first signal of movement in these odds.
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Israel Announces Suspension Of Lebanon Offensive| Contract | Odds | Δ since publish | Volume 24h | |
|---|---|---|---|---|
| April 30 | 100% | — | — | Trade → |
| May 31 | 100% | — | — | Trade → |
| June 30 | 100% | — | — | Trade → |
| Contract | Odds | Δ since publish | Volume 24h | |
|---|---|---|---|---|
| April 30 | 100% | — | — | Trade → |
| Contract | Odds | Δ since publish | Volume 24h | |
|---|---|---|---|---|
| April 30 | 0.5% | — | — | Trade → |
| June 30 | 11% | — | — | Trade → |
| May 31 | 3.9% | — | — | Trade → |
