Mixed options sentiment in Iris Energy (IREN), with shares down $2.65 near $47.81. Options volume relatively light with 239k contracts traded and calls leading puts for a put/call ratio of 0.84, compared to a typical level near 0.49. Implied volatility (IV30) is higher by 0.5 points near 103.17,and below the 52wk median, suggesting an expected daily move of $3.11. Put-call skew steepened, indicating increased demand for downside protection.
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