Mixed options sentiment in Iris Energy (IREN), with shares up $4.21, or 11.75%, near $40.01. Options volume running well above average with 355k contracts traded and calls leading puts for a put/call ratio of 0.52, compared to a typical level near 0.54. Implied volatility (IV30) dropped 6.37 near 95.74,and below the 52wk median, suggesting an expected daily move of $2.41. Put-call skew steepened, indicating increased demand for downside protection.
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