IREN Options History — October 2023

In October 2023, IREN traded between $3.00 and $3.56. ATM implied volatility averaged 90.8%, placing in the 6.3% IV rank vs the trailing year. The 30-day expected move averaged 27.5%. IV traded above realized volatility by 2.2% (HV 20d: 88.7%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.65.

Notable Days

  • 2023-10-24: Highest Volume — 851 contracts
  • 2023-10-25: Largest IV spike — 36.4% change
  • 2023-10-30: Highest IV Rank — 15.5%
  • 2023-10-30: Largest Expected Move — 37.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.24$3.00$3.56$3.56$3.04
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV90.8%62.4%129.4%73.0%124.0%
Expected Move27.5%17.9%37.1%20.9%35.5%
HV 20d88.7%74.3%99.1%90.0%92.4%
HV 60d94.4%88.5%98.6%97.8%96.5%
IV Rank6.3%0.0%15.5%2.1%14.3%
IV Percentile15.1%0.0%55.2%1.2%50.4%
Term Structure11.6%-31.4%203.1%-5.1%-30.9%
VWIV95.8%60.7%123.5%93.2%123.5%
Skew 25d7.9%-46.1%52.2%2.3%26.8%
Skew 10d6.9%-64.3%55.7%13.8%38.3%
Call IV 25d101.6%59.9%170.5%101.0%93.4%
Put IV 25d109.5%63.4%137.7%103.2%120.2%
Bid-Ask Spread %45.046.7770.207.4558.97
Gamma HHI0.420.300.520.380.44
Net GEX-6.5K-8.8K-4.0K-6.0K-6.0K
Net DEX3.3M2.8M3.7M2.8M3.4M
Net VEX-26.2K-30.8K-22.2K-30.7K-22.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.008.130.070.40
Total Volume288.22760851260232
Total OI54,503.13651,59755,34451,59755,326

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$3.56$5.0073.0%20.9%90.0%2.1%93.2%2.3%-5.1%-6.0K2.8M-30.7K0.077.452431727,29424,303
2023-10-03$3.25$5.0064.1%18.4%94.3%0.0%91.2%38.2%31.7%-6.6K3.3M-27.8K1.156.7714016128,48225,313
2023-10-04$3.33$5.0081.2%23.3%95.1%4.0%81.2%-37.9%29.6%-8.8K3.6M-26.3K0.679.08906028,55925,460
2023-10-05$3.21$5.0073.3%30.0%94.6%2.1%102.5%-5.8%-13.2%-6.2K3.2M-27.9K0.0763.1456428,61825,446
2023-10-06$3.46$5.0068.4%26.3%99.1%1.0%109.9%7.7%19.4%-7.3K3.5M-29.1K0.0859.482432028,65125,447
2023-10-09$3.26$5.0078.6%32.3%95.0%3.4%110.1%-46.1%-31.4%-7.8K3.3M-27.1K0.0557.9178428,79925,447
2023-10-10$3.26$5.0082.5%30.1%91.9%4.3%106.7%-5.0%-7.9%-6.5K3.3M-27.2K0.1763.553045128,85025,449
2023-10-11$3.24$5.00106.2%30.4%91.8%9.8%108.3%-6.1%-7.9%-5.1K3.2M-28.6K0.0245.83141329,13025,499
2023-10-12$3.08$5.00107.0%30.7%78.3%10.0%120.7%-10.9%-13.0%-7.3K3.7M-24.6K0.2140.9847310029,21225,501
2023-10-13$3.04$5.00103.0%29.5%74.3%9.1%69.8%-0.9%-3.7%-8.0K3.5M-23.7K0.0439.95113429,44525,420
2023-10-16$3.38$5.0096.5%27.7%84.1%7.5%60.7%44.2%13.5%-7.1K3.5M-26.5K0.2644.462125529,44925,420
2023-10-17$3.44$5.0095.1%27.3%84.7%7.2%106.6%9.1%30.3%-5.5K3.1M-29.0K0.0045.3973029,64225,469
2023-10-18$3.16$5.00101.4%29.1%85.1%8.7%84.1%25.2%-3.4%-6.4K3.4M-24.7K0.1245.09861029,71225,469
2023-10-19$3.12$5.0076.7%22.0%80.0%3.0%112.8%7.6%203.1%-6.9K3.7M-23.9K8.1362.375343129,81825,464
2023-10-20$3.09$5.0096.6%27.7%79.9%7.6%92.9%34.9%22.9%-6.0K3.1M-25.3K0.0339.40142429,83925,505
2023-10-23$3.21$5.0062.4%17.9%81.8%0.0%65.9%0.9%32.9%-7.6K3.6M-24.0K0.0534.272051028,67225,285
2023-10-24$3.52$5.0067.5%19.3%86.2%1.2%104.8%-20.7%2.6%-4.0K2.8M-30.8K0.1632.7973211928,79125,287
2023-10-25$3.35$5.0092.0%26.4%87.7%6.9%65.1%52.2%3.1%-4.8K3.0M-27.2K0.1570.203415229,28625,283
2023-10-26$3.02$5.00119.2%34.2%92.0%13.2%118.5%32.6%-19.6%-6.1K3.5M-22.3K0.4452.3831613829,48025,333
2023-10-27$3.21$5.00100.9%28.9%95.2%8.9%80.4%-7.3%27.8%-8.4K3.7M-23.2K0.0959.891851629,62225,434
2023-10-30$3.00$5.00129.4%37.1%97.2%15.5%99.0%32.6%-24.8%-5.6K3.2M-23.8K1.9351.5621341129,72625,432
2023-10-31$3.04$5.00124.0%35.5%92.4%14.3%123.5%26.8%-30.9%-6.0K3.4M-22.2K0.4058.971666629,88625,440