Trump might announce that ground troops are necessary to seize Iran’s uranium. Odds for US forces entering Iran by April 30 are at 52.5% YES, down from 57% yesterday.
Traders are reacting to the potential announcement. The April 30 market dropped 4 points as of 3:15 PM, with a YES share now at 52¢. The December 31 market remains more optimistic at 64.5% YES. The March 31 market is stagnant at 0.1%.
The ceasefire market isn’t doing much better. April 7 ceasefire odds are at 8.5% YES, down from 10% yesterday. The potential troop deployment is driving bearish sentiment. April 30 odds are at 38.5% YES, a 2-point rise, suggesting some traders still see a chance for a ceasefire.
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