Ceasefire Hold Absorbs Iran Barrage; Airspace-Closure Odds Settle at 16.5%
Israel's airspace-closure contract holds at 16.5% Monday evening, 16 points below the 24h open, as Iran's halt to strikes absorbs the barrage premium with six days left to June 15.
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Israel's airspace-closure contract held at 16.5% as of 21:43 UTC Monday — 16 points below its 24h open of 32.5% — after Iran halted its strikes against Israel earlier Monday drained the escalation premium with six days remaining to the June 15 (11:59 PM ET) deadline. The session traced a stark arc: the contract surged to a sampled high of 64.5% at 03:01 UTC during the overnight Iranian barrage, then crashed to a session low of 12.5% at 16:27 UTC once the ceasefire catalyst landed. It has since edged back to the mid-teens.
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