Mixed options sentiment in Iris Energy (IREN), with shares down 10c near $16.73. Options volume running well above average with 151k contracts traded and calls leading puts for a put/call ratio of 0.19, compared to a typical level near 0.25. Implied volatility (IV30) is higher by 6.4 points near 105.21,and below the 52wk median, suggesting an expected daily move of $1.11. Put-call skew steepened, indicating increased demand for downside protection.
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