IREN Options History — January 2023

In January 2023, IREN traded between $1.19 and $2.15. ATM implied volatility averaged 123.6%, placing in the 12.7% IV rank vs the trailing year. The 30-day expected move averaged 35.6%. IV traded above realized volatility by 15.2% (HV 20d: 108.3%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.55.

Notable Days

2023-01-27: Highest Volume — 170 contracts
2023-01-31: Largest IV spike — 44.1% change
2023-01-31: Highest IV Rank — 20.6%
2023-01-31: Largest Expected Move — 45.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$1.77	$1.19	$2.15	$1.19	$2.12
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	123.6%	73.1%	157.1%	137.2%	157.1%
Expected Move	35.6%	21.0%	45.0%	39.3%	45.0%
HV 20d	108.3%	91.7%	125.0%	92.1%	93.3%
HV 60d	129.1%	123.6%	134.2%	126.3%	126.0%
IV Rank	12.7%	0.8%	20.6%	15.9%	20.6%
IV Percentile	37.6%	0.6%	71.4%	53.4%	71.4%
Term Structure	27.1%	-27.9%	271.2%	54.3%	5.5%
VWIV	146.9%	115.3%	186.6%	152.8%	186.6%
Skew 25d	-36.8%	-139.4%	55.6%	55.6%	-89.8%
Skew 10d	-39.0%	-177.3%	55.6%	55.6%	-88.9%
Call IV 25d	135.9%	99.4%	181.4%	99.4%	143.9%
Put IV 25d	99.1%	0.9%	157.7%	154.9%	54.2%
Bid-Ask Spread %	93.97	64.37	119.03	109.98	64.37
Gamma HHI	0.70	0.52	1.00	1.00	0.58
Net GEX	806	4	1.8K	4	1.8K
Net DEX	-29.5K	-86.0K	34.3K	32.2K	-86.0K
Net VEX	-319	-528	-6	-6	-528
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.55	0.00	10.00	0.00	0.00
Total Volume	44.75	3	170	6	11
Total OI	1,877.3	1,727	2,070	1,805	2,063

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2023-01-03	$1.19	$2.50	137.2%	39.3%	92.1%	15.9%	0.0%	0.0%	54.3%	4	32.2K	-6	0.00	109.98	6	0	1,529	276
2023-01-04	$1.27	$2.50	131.0%	37.5%	96.3%	14.4%	0.0%	0.0%	43.9%	6	34.2K	-7	0.18	96.69	11	2	1,543	276
2023-01-05	$1.27	$2.50	135.3%	36.5%	95.9%	15.4%	152.8%	55.6%	56.6%	9	34.3K	-7	10.00	84.15	10	100	1,542	275
2023-01-06	$1.29	$2.50	137.3%	41.2%	91.7%	15.9%	0.0%	0.0%	-18.5%	6	22.3K	-7	0.00	83.09	51	0	1,547	180
2023-01-09	$1.29	$2.50	155.0%	41.9%	91.7%	20.1%	181.4%	-70.3%	-27.9%	24	19.2K	-25	0.00	108.30	6	0	1,595	180
2023-01-10	$1.56	$2.50	123.9%	41.6%	114.9%	12.8%	145.0%	0.0%	0.0%	388	-19.5K	-312	0.00	115.94	40	0	1,600	180
2023-01-11	$1.49	$2.50	149.5%	42.9%	115.7%	18.8%	141.4%	16.3%	4.3%	366	-24.3K	-314	0.00	94.32	5	0	1,620	180
2023-01-12	$1.69	$2.50	137.8%	39.5%	121.4%	16.0%	135.3%	5.1%	7.4%	427	-26.5K	-357	0.07	91.49	14	1	1,620	180
2023-01-13	$1.81	$2.50	135.4%	38.8%	122.3%	15.5%	134.7%	17.2%	9.1%	1.2K	-70.8K	-505	0.00	98.46	28	0	1,744	181
2023-01-17	$1.91	$2.50	145.2%	41.6%	122.3%	17.8%	147.3%	-4.2%	-10.1%	505	-29.7K	-372	0.00	81.36	146	0	1,747	181
2023-01-18	$1.90	$2.50	114.5%	32.8%	122.6%	10.6%	0.0%	5.8%	19.6%	1.2K	-24.5K	-295	0.00	85.58	17	0	1,759	181
2023-01-19	$1.85	$2.50	126.3%	36.2%	123.1%	13.3%	0.0%	0.0%	271.2%	521	-34.8K	-405	0.50	119.03	2	1	1,754	184
2023-01-20	$1.98	$2.50	119.9%	34.4%	124.5%	11.8%	0.0%	0.0%	11.8%	1.3K	-52.6K	-454	0.17	115.54	6	1	1,753	183
2023-01-23	$2.13	$2.50	73.1%	21.0%	125.0%	0.8%	145.4%	-139.4%	8.6%	1.5K	-50.1K	-459	0.00	90.83	52	0	1,671	184
2023-01-24	$2.15	$2.50	86.8%	24.9%	104.9%	4.0%	115.3%	-90.6%	40.9%	1.7K	-77.4K	-526	0.00	84.95	126	0	1,710	183
2023-01-25	$2.13	$2.50	101.3%	29.0%	105.8%	7.4%	148.1%	-81.9%	-1.2%	1.5K	-78.6K	-514	0.08	81.90	13	1	1,702	183
2023-01-26	$2.15	$2.50	96.9%	27.8%	104.6%	6.4%	132.2%	-65.8%	45.1%	1.5K	-44.4K	-378	0.00	103.36	29	0	1,705	184
2023-01-27	$2.09	$2.50	99.3%	28.5%	98.5%	7.0%	144.4%	-89.8%	24.8%	1.5K	-65.6K	-481	0.00	87.45	170	0	1,717	184
2023-01-30	$2.05	$2.50	109.0%	31.3%	100.2%	9.3%	186.6%	0.0%	-3.0%	672	-47.5K	-426	0.00	82.67	46	0	1,886	184
2023-01-31	$2.12	$2.50	157.1%	45.0%	93.3%	20.6%	0.0%	0.0%	5.5%	1.8K	-86.0K	-528	0.00	64.37	11	0	1,879	184