Iran-Oman Hormuz Agreement by August 15?
What resolves this contract
This market will resolve to “Yes” if a diplomatic agreement between Oman and Iran over traffic in the strait of Hormuz is announced by the specified date, 11:59 PM ET. A diplomatic agreement refers to an official agreement, treaty, deal, or substantially similar diplomatic instrument that establishes agreed actions, policies, obligations, or commitments between Oman and Iran. A qualifying diplomatic agreement must establish Iranian or Omani policies, obligations, or commitments aimed at managing, permitting, restoring, or increasing vessel or shipping traffic through the Strait of Hormuz, in
How to read the price
Prediction market prices are expressed in cents on the dollar. A YES contract trading at 26¢ means the market is pricing in a 26.5% implied probability of the event resolving YES. If resolution comes back YES, the contract pays $1. If NO, it pays $0.
Volume vs. open interest
Total traded volume ($95,527) reflects every buy and sell across the life of this contract. Open interest ($5,218) is the dollar value of positions currently held by traders. Deep liquidity and wide open interest are the two signals that the quoted price is reliable.
Where to trade this market
This contract is listed on Polymarket. PicksByOdds does not accept deposits, execute trades, or offer brokerage. We publish the data; you decide what to do with it.
Markets in the same story
| Market | YES | Volume |
|---|---|---|
| US-Iran Final Nuclear Deal by September 30, 2026? | 6¢ | $994,488 |
| Will a ≤5% Uranium Enrichment Cap (1+ Year) be in a US-Iran deal in 2026? | 23¢ | $98,142 |
| Will any Uranium Enrichment % Cap (1+ Year) be in a US-Iran deal in 2026? | 25¢ | $98,037 |
Common questions about this market
How is this market resolved?
This market will resolve to “Yes” if a diplomatic agreement between Oman and Iran over traffic in the strait of Hormuz is announced by the specified date, 11:59 PM ET. A diplomatic agreement refers to an official agreement, treaty, deal, or substantially similar diplomatic instrument that establishes agreed actions, policies, obligations, or commitments between Oman and Iran. A qualifying diplomatic agreement must establish Iranian or Omani policies, obligations, or commitments aimed at managing, permitting, restoring, or increasing vessel or shipping traffic through the Strait of Hormuz, in
When does this contract expire?
This contract closes on 2026-08-15, 6 days from now. After close, the final outcome is determined per the resolution rules above, and contracts settle at $1 (winning side) or $0 (losing side).
What happens if I buy YES at 26¢?
If the event resolves YES, each YES contract pays $1 , a profit of 74¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 26¢ is lost. Current market price implies a 26.5% probability of YES.
Where is this market listed?
This contract is listed on Polymarket. PicksByOdds aggregates and displays public market data; we do not broker trades or custody funds.
How reliable is the quoted price?
This market has $95,527 in total traded volume and $5,218 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.