Iran military action against a Gulf State on July 23? live odds

0%

implied probability

YES NO

recent price

24h change

$511

24h volume

$15K

total volume

Jul 23, 2026

resolves

Radar activity on this market

Recent signals from PolyWatch's detectors watching this market 24/7.

No detector alerts on this market in the last 24 hours — quiet tape.

How this market resolves

This market will resolve to “Yes” if Iran takes a qualifying military action against a Gulf State on the specified date Arabia Standard Time (AST). Otherwise this market will resolve to “No.” Qualifying Gulf States are as follows: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. A qualifying military action refers to an air strike or a surface-to-surface missile strike, initiated by Iran, that directly impacts a Gulf State. An air strike includes bombs, air-to-surface missiles, and air-launched drones. A surface-to-surface missile strike includes one-way attack drones and surface-to-surface missiles such as cruise or ballistic missiles. The following actions do not constitute a qualifying military action: Munitions destroyed or intercepted before impact; Surface-to-air missile strikes; Small-arms fire; Ground incursions; Cyber operations; Naval gunfire and artillery fire; Howitzers, artillery pieces, mortars, and rocket artillery (e.g. MLRS systems); Minor surface-to-surface strikes, including short range loitering munitions, FPV drones, and ATGM strikes; Any threat, authorization, or announcement of force that has not been executed. Any munition that is intercepted or destroyed before impact does not constitute a qualifying military action. Debris, fragments, or any wreckage from intercepted munitions that land on a Gulf State do not constitute a military action regardless of any damage incurred. A military action will be considered to impact a Gulf State if it directly impacts the terrestrial territory of a Gulf State, including any internal waters. Maritime territory and airspace are not encompassed. Where territorial borders are disputed, all territory claimed by and under the de facto control of the relevant state as of market creation will qualify. The occurrence, attribution, and timing of a qualifying military action will be primarily determined based on a consensus of information available from the resolution sources. Where multiple sources conflict regarding the occurrence, attribution, or timing of a relevant military action, this market will remain open until the earlier of: i) the confirmation of the occurrence, attribution, and timing of the action based on a consensus of information available from the resolution sources or ii) 3 full calendar days (AST) from the date of the first credibly reported evidence of the action. If this period would extend past the end date, this market will remain open to allow for 3 full calendar days to pass. If, at the end of the third calendar day, conflicting reports remain as to the occurrence, attribution, or timing of the action, this market will resolve based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information. The resolution sources for this market will be official information from the governments and militaries of Iran and the relevant Gulf States and a consensus of credible reporting.

Quick answers

What are the current odds of "Iran military action against a Gulf State on July 23?"?

The market currently prices YES at — and NO at —, an implied probability of 0% that the answer is yes.

When does this market resolve?

This market is scheduled to resolve by July 23, 2026.

How much has been traded on this market?

$15K has been traded in total, $511 of it in the last 24 hours.

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