Mojtaba Khamenei has remained out of public view since his March 2026 appointment as Supreme Leader following his father’s death in late February U.S.-Israeli strikes. Iranian officials attribute the absence to security requirements amid ongoing conflict, with the leader issuing written messages, decrees, and reports of private meetings with the president, parliament speaker, and military commanders. Recent late-October announcements of consultations with armed forces leadership and loyalty ceremonies near his father’s grave have not included visual public appearances. Traders reflect this pattern in low implied probability for a near-term sighting, noting structural barriers such as reported injuries and the regime’s preference for controlled communications during wartime. No scheduled public events within typical resolution windows have been confirmed.