At 65% YES, this market is pricing in a ceasefire that both parties have categorically, publicly, and repeatedly refused to negotiate.
The Hormuz chokepoint, a downed US pilot, and tankers sitting idle have structurally broken the pre-war oil pricing regime through at least June.
With a $100B+ market-cap moat and barely two weeks left in April, NVIDIA's grip on the #1 spot is as close to a lock as prediction markets get.
At 58 cents, the market is wildly confusing a ceasefire blueprint on paper with the "permanent deal" a live military standoff and irreconcilable red lines make nearly impossible.
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