Mixed options sentiment in Iris Energy (IREN), with shares down $1.51 near $35.08. Options volume roughly in line with average with 143k contracts traded and calls leading puts for a put/call ratio of 0.67, compared to a typical level near 0.51. Implied volatility (IV30) dropped 1.11 near 102.9,and above the 52wk median, suggesting an expected daily move of $2.27. Put-call skew steepened, indicating increased demand for downside protection.
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