IREN Options History — July 2024

In July 2024, IREN traded between $9.41 and $14.86. ATM implied volatility averaged 116.5%, placing in the 36.7% IV rank vs the trailing year. The 30-day expected move averaged 32.9%. IV traded above realized volatility by 3.9% (HV 20d: 112.6%). Max pain ranged from $7.50 to $12.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.36.

Notable Days

2024-07-11: Highest Volume — 120,911 contracts
2024-07-09: Largest IV spike — 9.7% change
2024-07-22: Highest IV Rank — 47.1%
2024-07-22: Largest Expected Move — 37.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$11.72	$9.41	$14.86	$12.66	$10.07
Max Pain	$8.02	$7.50	$12.00	$11.00	$7.50
ATM IV	116.5%	102.3%	131.8%	106.1%	122.6%
Expected Move	32.9%	28.3%	37.2%	28.3%	32.5%
HV 20d	112.6%	103.3%	119.1%	110.1%	103.3%
HV 60d	105.5%	99.6%	109.4%	99.6%	109.1%
IV Rank	36.7%	27.1%	47.1%	29.7%	40.8%
IV Percentile	44.6%	16.7%	70.6%	23.4%	54.8%
Term Structure	0.8%	-4.5%	16.2%	2.8%	-0.6%
VWIV	117.2%	98.8%	135.0%	101.3%	118.5%
Skew 25d	-7.7%	-14.6%	2.4%	-8.6%	-10.3%
Skew 10d	-14.8%	-28.3%	-2.8%	-28.3%	-19.8%
Call IV 25d	123.5%	99.8%	138.3%	115.3%	131.0%
Put IV 25d	115.9%	102.2%	130.2%	106.6%	120.7%
Bid-Ask Spread %	25.05	11.85	42.93	35.66	20.20
Gamma HHI	0.14	0.11	0.32	0.16	0.12
Net GEX	875.2K	97.5K	2.3M	1.1M	1.2M
Net DEX	-155.3M	-272.8M	-75.1M	-179.0M	-125.2M
Net VEX	-1.3M	-1.4M	-1.2M	-1.2M	-1.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.36	0.13	0.80	0.21	0.14
Total Volume	50,378.818	28,913	120,911	30,049	47,451
Total OI	592,734.455	492,610	659,271	492,610	659,271

Daily Data (22 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
2024-07-01	$12.66	$11.00	106.1%	28.3%	110.1%	29.7%	101.3%	-8.6%	2.8%	1.1M	-179.0M	-1.2M	0.21	35.66	24,827	5,222	290,803	201,807
2024-07-02	$14.29	$11.00	102.3%	28.6%	115.2%	27.1%	98.8%	-2.7%	0.5%	1.6M	-248.8M	-1.3M	0.36	38.42	45,257	16,417	300,319	204,812
2024-07-03	$14.07	$12.00	111.6%	28.9%	112.5%	33.4%	99.7%	-6.3%	-3.8%	1.5M	-235.1M	-1.3M	0.13	42.93	32,025	4,294	299,400	220,407
2024-07-05	$14.86	$7.50	104.1%	30.2%	113.1%	28.3%	105.6%	2.4%	4.4%	2.3M	-272.8M	-1.3M	0.47	35.97	22,197	10,359	305,901	222,183
2024-07-08	$14.38	$7.50	102.3%	30.7%	108.2%	27.1%	107.3%	-8.8%	4.3%	1.4M	-243.1M	-1.3M	0.52	11.85	26,038	13,631	298,563	223,930
2024-07-09	$12.82	$7.50	112.2%	32.4%	117.6%	33.8%	113.7%	-4.8%	0.4%	574.2K	-173.0M	-1.3M	0.58	17.31	35,395	20,607	307,573	234,683
2024-07-10	$12.91	$7.50	110.2%	31.1%	117.0%	32.4%	111.2%	-8.1%	-3.1%	457.5K	-176.6M	-1.3M	0.80	13.56	28,613	22,882	324,310	245,302
2024-07-11	$11.34	$7.50	118.0%	34.6%	108.5%	37.7%	121.4%	-13.8%	3.5%	289.0K	-105.3M	-1.3M	0.54	35.87	78,531	42,380	337,627	249,009
2024-07-12	$12.18	$7.50	109.9%	31.1%	108.9%	32.3%	107.7%	-4.9%	-0.7%	97.5K	-157.6M	-1.4M	0.24	16.89	33,997	8,272	356,401	255,191
2024-07-15	$12.02	$7.50	113.1%	32.4%	108.1%	34.4%	113.6%	-0.9%	0.8%	870.9K	-156.3M	-1.3M	0.19	19.88	36,862	7,065	340,798	238,179
2024-07-16	$12.27	$7.50	112.6%	32.2%	108.3%	34.1%	113.3%	-4.5%	1.4%	1.1M	-174.5M	-1.4M	0.19	14.30	38,248	7,277	354,993	241,390
2024-07-17	$11.21	$7.50	114.4%	32.8%	107.2%	35.3%	116.1%	-8.9%	-1.6%	582.1K	-129.8M	-1.3M	0.56	21.37	31,811	17,709	369,389	245,430
2024-07-18	$10.32	$7.50	118.2%	33.9%	109.7%	37.9%	122.7%	-5.2%	0.6%	415.0K	-88.3M	-1.3M	0.65	26.97	37,047	24,001	384,572	246,688
2024-07-19	$11.29	$7.50	126.4%	36.4%	115.7%	43.5%	130.2%	-5.0%	-1.2%	978.2K	-147.0M	-1.4M	0.37	17.88	53,170	19,692	395,146	246,583
2024-07-22	$11.54	$7.50	131.8%	37.2%	115.2%	47.1%	131.3%	-6.2%	-3.3%	1.1M	-166.1M	-1.4M	0.32	21.83	38,406	12,171	365,362	233,827
2024-07-23	$11.02	$7.50	119.4%	35.5%	115.2%	38.7%	133.4%	-9.4%	16.2%	840.1K	-146.6M	-1.4M	0.13	23.48	26,287	3,455	381,256	243,743
2024-07-24	$10.36	$7.50	127.5%	35.8%	116.1%	44.2%	129.2%	-10.7%	0.5%	487.4K	-115.5M	-1.3M	0.24	25.00	25,371	5,997	389,871	245,310
2024-07-25	$9.43	$7.50	124.9%	35.7%	118.8%	42.4%	123.7%	-12.3%	-2.7%	241.0K	-75.1M	-1.2M	0.47	31.67	37,664	17,645	397,715	248,947
2024-07-26	$9.59	$7.50	128.0%	35.8%	119.1%	44.5%	135.0%	-14.6%	1.6%	286.5K	-89.5M	-1.3M	0.53	24.41	46,052	24,617	411,237	242,324
2024-07-29	$9.88	$7.50	123.8%	34.2%	118.8%	41.7%	121.7%	-13.7%	-4.5%	913.4K	-112.6M	-1.3M	0.18	27.79	24,561	4,352	401,261	232,354
2024-07-30	$9.41	$7.50	123.1%	33.5%	110.6%	41.2%	122.1%	-11.2%	1.8%	862.4K	-98.0M	-1.3M	0.13	27.91	44,688	5,791	413,706	232,585
2024-07-31	$10.07	$7.50	122.6%	32.5%	103.3%	40.8%	118.5%	-10.3%	-0.6%	1.2M	-125.2M	-1.4M	0.14	20.20	41,511	5,940	420,281	238,990