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World
Iran full airspace closure by...?
37%chanceup 1 pt
- Vol$10.8M
- 24h$15k
- Liquidity$64k
- Open interest$272k
- Closesin 61d
- December 31
- November 30
In short
- December 31, the favourite in "Iran full airspace closure by", trades at 37% on Polymarket (1 Nov 2026, 09:49 UTC).
- 24-hour move: up 1 pt; 7 days: down 3 pts; 30 days: up 13 pts.
- Traded: $10.8M in total, $15k in 24 hours; open interest $272k; liquidity $64k.
- Listed to close on 1 January 2027; bid-ask spread on December 31 3¢.
Every outcome, most likely first
| Outcome | Chance | 24h | 7d | 30d | Decimal | American |
|---|---|---|---|---|---|---|
| December 31 | 37% | up 1 | 2.7 | +174 | ||
| November 30 | 27% | 0 | 3.8 | +277 |
Biggest moves in 24 hours
December 3137%
November 3027%
Timeline of big moves
· December 31 down 8 pts (40% to 32%)
· December 31 up 5 pts (36% to 41%)
· December 31 up 7 pts (40% to 48%)
· December 31 up 12 pts (30% to 41%)
· December 31 up 5 pts (28% to 33%)
· December 31 up 8 pts (27% to 35%)
What would move this market
- Official statements, negotiations and deadlines, military action, sanctions, and votes at the UN or in parliaments.
- What counts in the end: the source the rules name (www.iranintl.com/en/202602289115). Reports elsewhere move the price; only that source settles it.
How it resolves
This market will resolve to “Yes” if Iran initiates a general closure of its airspace, that is not solely due to weather conditions, between market creation and the specified date, 11:59 PM ET. Otherwise, this market will resolve to “No”. A “general closure” refers to a cancellation or suspension of aviation which is generally applicable to all commercial flights transiting Iranian airspace (“Tehran FIR”). A qualifying closure must apply generally to all of Iran or the Tehran FIR; limited cancellations, delays, or partial closures will not qualify. A closure which applies generally to commercial aviation across Iranian airspace, with limited exceptions for certain categories of flights, however, will qualify (e.g. exceptions for certain flights pre-approved by the Iranian Civil Aviation Authority may be permitted). Qualifying previous examples include the February 28, 2026 total closure of Iranian airspace (https://www.iranintl.com/en/202602289115) and the January 2026 total closure of Iranian airspace except to international flights with express governmental permission (https://www.reuters.com/world/middle-east/iran-shuts-airspace-most-flights-flightradar24-says-2026-01-14/). Non-qualifying examples include the January 27, 2026 partial closure of Iranian airspace around the Strait of Hormuz (https://www.aa.com.tr/en/middle-east/iran-issues-airspace-notice-for-military-drills-near-strait-of-hormuz/3812508), the April 2024 closure of Iran’s western airspace (https://www.reuters.com/world/middle-east/iranian-airports-cancel-flights-until-monday-morning-2024-04-14/), and the January 25 - April 25, 2026 VFR (Visual Flight Rules) flights suspension which did not broadly close commercial aviation in Iran (https://www.intellinews.com/iran-suspends-general-aviation-and-vfr-flights-in-new-airspace-directive-421997/). Warnings, No-Fly-Zones, or other flight restrictions imposed by airlines or countries other than Iran will not be sufficient for a “Yes” resolution. Airspace closures which occur solely due to weather conditions, earthquakes, or volcanic eruptions, will not qualify. The primary resolution sources for this market will be official information from Iranian aviation authorities and a consensus of credible reporting.
- Resolution source:
- www.iranintl.com/en/202602289115
- Closes:
- 1 Jan 2027, 04:59 UTC
- How results are settled:
- Polymarket markets are typically settled through UMA's optimistic oracle: a result is proposed after the event, can be disputed during a challenge window, and is final once undisputed or decided.
How to read these odds
A share of each outcome costs its chance in cents and pays $1 if it happens, so 37% means about 37¢ a share and roughly 2.7x back if right. On a ladder of dates or levels each rung is its own yes/no market, so the prices don't add up to 100%. Guides: reading Polymarket odds, odds to probability, glossary.
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FAQ
What are the odds on "Iran full airspace closure by...?"?
At 1 Nov 2026, 09:49 UTC, December 31 at 37%, then November 30 at 27%. Each price is the cost of a share that pays $1 if that outcome wins.
How have the odds moved?
December 31: up 1 pt in 24 hours, down 3 pts in 7 days and up 13 pts in 30 days (in percentage points), as of 1 Nov 2026, 09:49 UTC. The chart and the timeline on this page show when the big moves happened.
When does this market resolve?
It is listed to close on 1 January 2027 (1 Jan 2027, 04:59 UTC, in about 61 days) and settles under Polymarket's written rules, with www.iranintl.com/en/202602289115 as the named source. Settlement can come after the close, once the result is confirmed.
How much has been traded on it?
$10.8M in total and $15k in the last 24 hours, with about $272k in open positions (open interest) and $64k of liquidity in the order book, as of 1 Nov 2026, 09:49 UTC.
Where do these odds come from?
From the public Polymarket market "Iran full airspace closure by...?". This page reads its live prices about every 5 minutes and states when each number was taken; PredictRips does not set them. A chance is the midpoint of the best bid and ask when the book is tight, else the last price.
Are prediction market odds accurate?
On heavily traded markets, prices have tracked outcomes reasonably well: events priced near 70% happen roughly 70% of the time. They are a crowd estimate that moves with news, not a forecast, and long shots tend to be overpriced.
Can I bet on this on PredictRips?
Not on one market directly. PredictRips sells packs that each draw 3 random positions from its live pool of Polymarket markets, which can include politics, crypto, sport and macro questions; the odds and pack value are shown before you pay. 18+, and only where it is legal.
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