IREN Options History — June 2023

In June 2023, IREN traded between $3.13 and $4.69. ATM implied volatility averaged 118.5%, placing in the 11.5% IV rank vs the trailing year. The 30-day expected move averaged 27.9%. IV traded above realized volatility by 28.3% (HV 20d: 90.2%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.56.

Notable Days

2023-06-21: Highest Volume — 1,230 contracts
2023-06-06: Largest IV spike — 99.3% change
2023-06-13: Highest IV Rank — 39.8%
2023-06-05: Largest Expected Move — 36.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.86	$3.13	$4.69	$3.60	$4.63
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	118.5%	76.5%	238.7%	83.4%	84.8%
Expected Move	27.9%	19.3%	36.2%	23.9%	24.3%
HV 20d	90.2%	73.2%	103.2%	92.7%	103.2%
HV 60d	102.8%	98.8%	105.8%	103.5%	103.2%
IV Rank	11.5%	1.6%	39.8%	3.2%	3.6%
IV Percentile	29.3%	2.0%	95.2%	3.6%	4.8%
Term Structure	17.0%	-19.7%	93.5%	93.5%	26.9%
VWIV	114.5%	84.8%	139.5%	139.5%	84.8%
Bid-Ask Spread %	62.00	14.18	110.15	17.44	73.50
Gamma HHI	0.50	0.39	0.61	0.59	0.53
Net GEX	3.0K	349	9.7K	544	9.7K
Net DEX	-163.2K	-493.3K	14.7K	-32.2K	-462.4K
Net VEX	-1.6K	-3.1K	-733	-871	-3.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.56	0.03	2.90	0.19	0.27
Total Volume	261.095	25	1,230	25	649
Total OI	2,915.095	1,980	4,270	2,010	4,270

Daily Data (21 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
2023-06-01	$3.60	$5.00	83.4%	23.9%	92.7%	3.2%	139.5%	0.0%	93.5%	544	-32.2K	-871	0.19	17.44	21	4	1,500	510
2023-06-02	$3.46	$5.00	96.3%	27.6%	93.1%	6.3%	139.0%	0.0%	-4.8%	532	-26.5K	-839	0.06	24.87	31	2	1,513	514
2023-06-05	$3.13	$5.00	76.5%	36.2%	97.9%	1.6%	121.1%	0.0%	-13.0%	487	-8.0K	-733	1.85	110.15	20	37	1,545	516
2023-06-06	$3.41	$5.00	152.5%	28.2%	95.9%	19.5%	124.1%	0.0%	28.8%	536	-21.2K	-813	0.31	86.61	85	26	1,553	540
2023-06-07	$3.31	$5.00	117.6%	23.3%	84.7%	11.3%	111.9%	0.0%	33.1%	474	-17.9K	-824	0.23	95.50	115	27	1,584	563
2023-06-08	$3.54	$5.00	146.2%	30.2%	87.4%	18.0%	117.3%	0.0%	-19.7%	565	-48.0K	-928	0.03	81.61	205	7	1,677	590
2023-06-09	$3.62	$5.00	165.4%	19.3%	78.3%	22.5%	111.4%	0.0%	73.5%	656	-65.6K	-986	0.82	80.86	34	28	1,772	597
2023-06-12	$3.69	$5.00	200.9%	26.3%	77.7%	30.9%	125.2%	0.0%	25.4%	648	-52.2K	-1.0K	0.98	75.10	98	96	1,800	625
2023-06-13	$3.54	$5.00	238.7%	24.1%	73.2%	39.8%	110.8%	0.0%	26.4%	349	-14.5K	-963	0.11	50.28	209	23	1,823	717
2023-06-14	$3.50	$5.00	87.7%	25.1%	73.2%	4.2%	114.0%	0.0%	16.2%	694	-18.5K	-1.0K	2.50	94.64	8	20	1,978	736
2023-06-15	$3.29	$5.00	86.7%	24.9%	75.0%	4.0%	122.3%	0.0%	9.3%	611	14.7K	-899	2.90	98.99	50	145	1,976	756
2023-06-16	$3.51	$5.00	89.6%	25.7%	79.6%	4.7%	103.7%	0.0%	29.8%	386	-766	-1.1K	0.47	74.27	116	55	1,942	841
2023-06-20	$4.05	$5.00	105.0%	30.1%	95.5%	8.3%	119.0%	0.0%	7.2%	487	-64.4K	-1.3K	0.12	25.86	721	84	1,157	823
2023-06-21	$4.16	$5.00	109.3%	31.3%	95.5%	9.3%	110.2%	0.0%	-0.0%	2.8K	-128.7K	-1.7K	0.10	27.91	1,120	110	1,725	882
2023-06-22	$4.46	$5.00	101.1%	29.0%	94.8%	7.4%	101.6%	0.0%	15.7%	5.8K	-367.4K	-2.7K	0.04	57.53	420	16	2,694	946
2023-06-23	$4.56	$5.00	113.2%	32.5%	94.3%	10.3%	112.8%	0.0%	-5.6%	7.2K	-457.1K	-3.0K	0.10	14.18	297	30	2,992	949
2023-06-26	$4.17	$5.00	113.5%	32.5%	97.8%	10.3%	114.1%	0.0%	4.1%	6.8K	-332.5K	-2.7K	0.15	83.53	72	11	3,148	978
2023-06-27	$4.50	$5.00	116.9%	33.5%	100.5%	11.1%	116.9%	0.0%	-6.0%	7.8K	-465.8K	-3.0K	0.40	61.69	126	50	3,160	988
2023-06-28	$4.33	$5.00	107.5%	30.8%	100.5%	8.9%	107.6%	0.0%	4.4%	6.9K	-364.2K	-2.9K	0.03	15.72	122	4	3,117	1,034
2023-06-29	$4.69	$5.00	96.1%	27.6%	102.8%	6.2%	96.1%	0.0%	12.4%	8.9K	-493.3K	-3.1K	0.11	51.70	171	18	3,149	1,037
2023-06-30	$4.63	$5.00	84.8%	24.3%	103.2%	3.6%	84.8%	0.0%	26.9%	9.7K	-462.4K	-3.1K	0.27	73.50	513	136	3,215	1,055