Bullish flow in Iris Energy (IREN), with shares up $1.33, or 8.52%, near $17.00. Options volume extremely heavy with 133k contracts traded and calls leading puts for a put/call ratio of 0.12, compared to a typical level near 0.24. Implied volatility (IV30) is higher by 1.0 points near 99.27,and below the 52wk median, suggesting an expected daily move of $1.06. Put-call skew flattened, suggesting a modestly bullish tone.
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