IREN Options History — June 2024

In June 2024, IREN traded between $8.00 and $14.50. ATM implied volatility averaged 109.7%, placing in the 29.8% IV rank vs the trailing year. The 30-day expected move averaged 30.7%. IV traded above realized volatility by 8.0% (HV 20d: 101.7%). Max pain ranged from $5.00 to $12.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.46.

Notable Days

  • 2024-06-12: Highest Volume — 100,994 contracts
  • 2024-06-13: Largest IV spike — 10.4% change
  • 2024-06-28: Highest IV Rank — 36.8%
  • 2024-06-17: Largest Expected Move — 33.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.93$8.00$14.50$8.00$11.29
Max Pain$8.71$5.00$12.00$5.00$11.00
ATM IV109.7%103.8%117.6%106.7%116.6%
Expected Move30.7%28.3%33.0%30.5%28.3%
HV 20d101.7%93.3%109.3%97.0%104.9%
HV 60d110.0%97.0%119.1%111.4%97.5%
IV Rank29.8%23.5%36.8%25.1%36.8%
IV Percentile31.8%19.8%46.4%25.4%46.0%
Term Structure-1.7%-23.2%3.3%-3.8%-1.2%
VWIV109.6%100.3%122.4%108.9%100.3%
Skew 25d-8.9%-20.8%1.5%-9.4%-9.2%
Skew 10d-10.1%-23.7%-0.5%-17.4%-8.5%
Call IV 25d115.4%108.4%130.3%111.3%112.4%
Put IV 25d106.5%99.6%117.8%102.0%103.2%
Bid-Ask Spread %24.6510.8144.1040.4544.10
Gamma HHI0.180.140.240.140.16
Net GEX1.2M611.8K1.7M611.8K805.9K
Net DEX-181.9M-268.3M-68.8M-68.8M-126.4M
Net VEX-947.1K-1.1M-668.6K-668.6K-1.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.460.121.860.201.86
Total Volume51,624.94722,963100,99435,02543,051
Total OI454,865.421382,747500,441382,747500,441

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-06-03$8.00$5.00106.7%30.5%97.0%25.1%108.9%-9.4%-3.8%611.8K-68.8M-668.6K0.2040.4529,0685,957228,879153,868
2024-06-04$8.89$5.00106.6%32.1%96.7%25.1%109.9%-10.4%1.4%792.2K-99.0M-714.2K0.1339.8266,5198,713240,696156,740
2024-06-05$9.04$5.00104.6%30.9%93.3%24.0%108.8%-10.7%2.6%819.2K-91.7M-763.1K0.5435.6428,51315,304246,269164,708
2024-06-06$10.25$7.50107.1%29.6%99.3%25.3%107.3%-8.1%-2.3%1.3M-143.1M-839.3K0.2412.0769,61916,442262,242161,058
2024-06-07$10.59$7.50105.3%29.5%97.6%24.3%109.9%-7.5%2.2%1.2M-158.5M-875.6K0.1213.8452,6526,549274,547168,550
2024-06-10$10.34$7.50103.8%28.9%93.8%23.5%109.3%-6.2%-4.4%1.1M-133.5M-863.7K0.6026.0628,76217,158263,316160,349
2024-06-11$12.41$7.50107.5%31.3%105.9%25.6%110.8%-9.1%2.4%1.5M-216.5M-953.8K0.4013.9354,16521,544278,969167,611
2024-06-12$13.27$7.50106.5%30.0%105.2%25.1%106.7%-13.9%-0.9%1.5M-249.0M-946.3K0.1611.9286,83314,161277,997181,236
2024-06-13$13.68$10.00117.6%32.5%105.4%31.3%122.4%-20.8%-2.1%1.7M-268.3M-986.5K0.4713.7444,28820,872295,709191,375
2024-06-14$13.34$10.00113.3%32.2%104.2%34.5%116.6%0.5%3.3%1.2M-242.6M-982.4K0.5919.7737,94722,421294,624200,299
2024-06-17$14.50$10.00114.2%33.0%105.2%35.2%115.8%-12.3%-1.7%1.6M-262.9M-998.2K0.5410.8128,27615,283273,653188,294
2024-06-18$13.93$10.00112.0%32.3%109.3%33.7%113.2%-9.8%-6.1%1.6M-245.3M-1.0M0.2816.4117,9045,059281,268192,402
2024-06-20$14.00$10.00114.1%32.7%102.8%35.1%113.3%-10.2%1.8%1.6M-248.4M-1.0M0.6318.6417,80311,292287,143194,710
2024-06-21$13.29$10.00111.0%31.6%106.4%33.0%111.8%-6.4%2.0%1.2M-218.0M-1.0M0.1614.4840,6956,485290,377197,523
2024-06-24$12.68$10.00110.2%28.9%101.5%32.5%102.4%-9.6%-4.7%1.2M-179.1M-1.0M0.4130.9320,1618,201269,887175,385
2024-06-25$12.98$10.00106.0%29.5%98.6%29.6%106.0%-7.4%-0.3%1.4M-193.1M-1.1M0.9831.9121,24320,845276,656180,261
2024-06-26$12.27$10.00106.2%28.3%102.4%29.7%103.6%-9.9%1.8%858.4K-161.0M-1.1M0.1634.7140,6946,613283,584189,647
2024-06-27$11.91$12.00115.6%30.4%103.3%36.1%105.4%1.5%-23.2%807.2K-151.9M-1.1M0.2539.0423,7346,048299,096193,074
2024-06-28$11.29$11.00116.6%28.3%104.9%36.8%100.3%-9.2%-1.2%805.9K-126.4M-1.1M1.8644.1015,07427,977304,603195,838