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Mixed options sentiment in Iris Energy with shares down 4.22%

Mixed options sentiment in Iris Energy (IREN), with shares down 68c near $15.43. Options volume relatively light with 77k contracts traded and calls leading puts for a put/call ratio of 0.7, compared to a typical level near 0.32. Implied volatility (IV30) dropped 0.45 near 96.76,and below the 52wk median, suggesting an expected daily move of $0.94. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Neutral at JPMorgan.

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