Will the US agree to a new Iranian nuclear deal this year?

Prediction markets currently give a 67% probability that Will the US agree to a new Iranian nuclear deal this year?. This contract trades at 67¢ on Kalshi, closing January 1, 2027. The market is pricing a 70% probability of a US-Iran nuclear deal by year-end 2026, but the asymmetric payoff structure reveals skepticism: the "No" side offers a 328% implied yield versus just 60.2% for "Yes," suggesting sophisticated traders see substantial downside risk despite the high headline probability.

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67¢
Bid/Ask 67/68¢·Spread 1¢·Vol $16,043.43·OI $181,235.98·Closes Jan 1, 2027·255d remaining
KXUSAIRANAGREEMENT-27
7-day price465 snapshots · 112 regime
89¢67¢ current
Apr 841¢Apr 21

Analysis

4d ago

The market is pricing a 70% probability of a US-Iran nuclear deal by year-end 2026, but the asymmetric payoff structure reveals skepticism: the "No" side offers a 328% implied yield versus just 60.2% for "Yes," suggesting sophisticated traders see substantial downside risk despite the high headline probability. Volume is modest at $8.8K daily against $165K open interest, and the sharp 17-cent rally over seven days combined with elevated realized volatility (138%) indicates recent positive sentiment shift, though the neutral regime score and low information arrival rate (0.5/hour) suggest limited near-term catalysts are driving the move.

Resolution rules

If the United States has agreed to, signed, or accepted a new Iran-US nuclear deal before Jan 1, 2027, then the market resolves to Yes.

Indicators

IY (Yes) 70.5%
IY (No) 290.8%
Adj IY 286%
CRI 2
RV 603%
VR 6.84
▶ Full indicator table (10)
IndicatorValue
IY (Yes)70.5%
IY (No)290.8%
Adj IY286%
CRI2
RV603%
VR6.84
IAR0.7/h
EE62.000
Overround3.2%
LAS0.01

Regime

Label
neutral
Score
0.5
Spread
1¢
Computed
4/21/2026, 7:02:25 PM
SF edge 54.0¢ noObservability mediumEvent type political

Edges (37)

NO +54¢thesis — Putin profits from Iran war oil prices. Russian military budget fully funded. Uk
NO +49¢thesis — Putin profits from Iran war oil prices. Russian military budget fully funded. Uk
NO +41¢thesis — Putin profits from Iran war oil prices. Russian military budget fully funded. Uk
NO +30¢thesis — Putin profits from Iran war oil prices. Russian military budget fully funded. Uk
NO +25¢thesis — Putin profits from Iran war oil prices. Russian military budget fully funded. Uk
Has thesisHas orderbookIndicators computed 4/21/2026, 6:53:17 PM

Trade

View on kalshisf trade KXUSAIRANAGREEMENT-27 yes 100

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