Whales with a lot of money to spend have taken a noticeably bullish stance on IREN.
Looking at options history for IREN IREN we detected 30 trades.
If we consider the specifics of each trade, it is accurate to state that 56% of the investors opened trades with bullish expectations and 33% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $234,028 and 25, calls, for a total amount of $2,556,152.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $7.5 to $25.0 for IREN during the past quarter.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of IREN stands at 9090.57, with a total volume reaching 15,010.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in IREN, situated within the strike price corridor from $7.5 to $25.0, throughout the last 30 days.
IREN 30-Day Option Volume & Interest Snapshot
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| IREN | CALL | TRADE | BEARISH | 01/16/26 | $6.9 | $6.2 | $6.3 | $10.00 | $819.0K | 29.4K | 1.3K |
| IREN | CALL | TRADE | NEUTRAL | 01/17/25 | $2.2 | $2.1 | $2.15 | $12.50 | $513.4K | 42.6K | 2.9K |
| IREN | CALL | SWEEP | BEARISH | 01/17/25 | $5.9 | $5.8 | $5.8 | $7.50 | $261.0K | 4.0K | 454 |
| IREN | PUT | SWEEP | BULLISH | 12/20/24 | $0.85 | $0.8 | $0.8 | $13.50 | $79.1K | 260 | 1.0K |
| IREN | CALL | TRADE | BEARISH | 01/16/26 | $8.8 | $7.2 | $7.82 | $7.50 | $78.2K | 4.2K | 202 |
About IREN
IREN Ltd is engaged in data center business powering the future of Bitcoin, AI and beyond utilizing renewable energy.
Having examined the options trading patterns of IREN, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
IREN's Current Market Status
- Currently trading with a volume of 15,362,389, the IREN's price is down by -1.45%, now at $14.3.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 65 days.
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