Mixed options sentiment in Iris Energy (IREN), with shares down 38c near $14.85. Options volume roughly in line with average with 81k contracts traded and calls leading puts for a put/call ratio of 0.2, compared to a typical level near 0.24. Implied volatility (IV30) dropped 4.24 near 99.55,and below the 52wk median, suggesting an expected daily move of $0.93. Put-call skew flattened, suggesting a modestly bullish tone.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IREN:
- Iris Energy Appoints New Chief Capital Officer
- IREN appoints Anthony Lewis as chief capital officer
- Iris Energy Reaches 50 EH/s Milestone, Eyes AI Expansion
- Crypto Miner IREN Surges 102% as AI Pivot Delivers Profit Haul
- Moderately bullish activity in Iris Energy with shares up 5.68%