IREN Options History — October 2024

In October 2024, IREN traded between $7.30 and $10.95. ATM implied volatility averaged 125.9%, placing in the 51.1% IV rank vs the trailing year. The 30-day expected move averaged 37.2%. IV traded above realized volatility by 37.5% (HV 20d: 88.3%). Max pain ranged from $7.50 to $8.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 0.20.

Notable Days

2024-10-28: Highest Volume — 104,366 contracts
2024-10-14: Largest IV spike — 7.7% change
2024-10-23: Highest IV Rank — 59.5%
2024-10-31: Largest Expected Move — 41.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.83	$7.30	$10.95	$7.74	$9.20
Max Pain	$7.52	$7.50	$8.00	$8.00	$7.50
ATM IV	125.9%	112.4%	135.1%	112.5%	130.5%
Expected Move	37.2%	30.3%	41.3%	30.3%	41.3%
HV 20d	88.3%	76.6%	110.7%	77.4%	110.7%
HV 60d	97.7%	94.7%	101.8%	101.8%	96.5%
IV Rank	51.1%	40.9%	59.5%	41.0%	52.1%
IV Percentile	59.2%	34.5%	75.4%	35.7%	65.1%
Term Structure	1.2%	-14.6%	34.2%	-14.6%	-3.2%
VWIV	139.1%	110.9%	154.9%	123.2%	154.9%
Skew 25d	-6.6%	-16.5%	42.9%	-8.6%	-15.5%
Skew 10d	-11.5%	-78.0%	51.1%	-9.6%	-78.0%
Call IV 25d	131.9%	83.7%	148.4%	121.4%	143.1%
Put IV 25d	125.3%	111.9%	135.2%	112.9%	127.5%
Bid-Ask Spread %	21.49	16.26	31.28	22.99	24.57
Gamma HHI	0.10	0.08	0.15	0.09	0.10
Net GEX	1.9M	498.5K	3.1M	1.1M	2.0M
Net DEX	-119.6M	-244.6M	-37.0M	-57.3M	-130.0M
Net VEX	-1.4M	-1.6M	-1.1M	-1.2M	-1.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.20	0.06	0.41	0.29	0.18
Total Volume	45,098.435	18,192	104,366	36,566	49,914
Total OI	791,268.391	714,968	871,875	714,968	816,385

Daily Data (23 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
2024-10-01	$7.74	$8.00	112.5%	30.3%	77.4%	41.0%	123.2%	-8.6%	-14.6%	1.1M	-57.3M	-1.2M	0.29	22.99	28,278	8,288	499,867	215,101
2024-10-02	$7.80	$7.50	112.4%	31.4%	76.6%	40.9%	110.9%	-8.9%	3.9%	1.1M	-62.3M	-1.2M	0.33	19.35	13,663	4,529	511,001	217,884
2024-10-03	$7.79	$7.50	117.0%	35.8%	76.6%	44.6%	127.6%	-11.0%	34.2%	1.0M	-58.2M	-1.2M	0.37	25.92	19,124	7,148	518,896	220,873
2024-10-04	$8.71	$7.50	117.7%	37.0%	82.0%	45.2%	136.4%	-7.1%	7.0%	1.5M	-109.9M	-1.3M	0.07	19.12	62,950	4,520	528,802	226,481
2024-10-07	$8.36	$7.50	121.6%	36.8%	78.2%	48.5%	133.1%	42.9%	5.6%	1.5M	-85.7M	-1.3M	0.33	31.28	21,162	6,983	529,475	222,000
2024-10-08	$8.04	$7.50	118.6%	35.4%	78.3%	46.0%	135.5%	6.3%	3.8%	1.2M	-68.1M	-1.2M	0.13	18.33	36,243	4,584	539,303	227,397
2024-10-09	$7.53	$7.50	118.4%	35.5%	82.1%	45.8%	133.7%	-10.8%	7.9%	827.5K	-48.1M	-1.1M	0.18	21.48	26,178	4,662	562,174	230,584
2024-10-10	$7.30	$7.50	118.2%	35.0%	82.9%	45.6%	138.7%	-7.8%	8.8%	498.5K	-37.0M	-1.1M	0.12	17.22	19,630	2,363	570,175	234,582
2024-10-11	$7.75	$7.50	118.9%	35.0%	85.2%	46.2%	130.8%	29.7%	5.2%	941.9K	-56.2M	-1.2M	0.12	20.73	20,214	2,504	574,284	233,015
2024-10-14	$8.48	$7.50	128.1%	37.4%	90.8%	53.7%	152.5%	-16.5%	-2.4%	1.5M	-96.2M	-1.3M	0.17	19.34	68,695	11,353	558,237	225,040
2024-10-15	$8.70	$7.50	130.8%	37.7%	90.8%	56.0%	138.6%	-13.8%	-4.4%	2.0M	-110.9M	-1.4M	0.17	19.50	52,434	9,107	596,271	231,410
2024-10-16	$9.23	$7.50	132.3%	37.9%	91.5%	57.2%	138.9%	-11.0%	0.9%	2.5M	-148.0M	-1.4M	0.25	16.26	48,291	12,040	612,754	234,020
2024-10-17	$8.98	$7.50	128.6%	36.7%	92.5%	54.1%	143.1%	-15.2%	4.4%	2.5M	-135.5M	-1.4M	0.14	29.14	30,178	4,092	624,596	234,016
2024-10-18	$9.48	$7.50	131.4%	37.7%	92.5%	56.4%	145.6%	-16.3%	0.0%	3.0M	-169.7M	-1.5M	0.08	28.90	47,271	3,994	634,944	236,931
2024-10-21	$9.61	$7.50	134.1%	38.9%	91.4%	58.7%	152.6%	-15.3%	-5.0%	2.3M	-162.9M	-1.5M	0.13	17.68	46,708	6,207	526,268	225,590
2024-10-22	$9.23	$7.50	134.8%	38.5%	84.6%	59.2%	142.6%	-11.5%	-5.0%	2.3M	-143.1M	-1.4M	0.14	19.03	38,420	5,453	548,062	228,843
2024-10-23	$8.70	$7.50	135.1%	39.1%	87.4%	59.5%	148.5%	-8.8%	-4.5%	1.9M	-112.8M	-1.4M	0.41	22.24	37,387	15,380	561,493	231,584
2024-10-24	$9.27	$7.50	130.5%	38.3%	89.3%	53.8%	138.4%	-9.5%	-5.7%	2.7M	-148.3M	-1.4M	0.06	22.78	31,488	1,942	573,338	235,651
2024-10-25	$9.27	$7.50	129.0%	37.9%	88.3%	50.8%	138.2%	-9.5%	-5.2%	2.0M	-146.0M	-1.4M	0.18	16.48	36,546	6,523	576,403	236,160
2024-10-28	$10.95	$7.50	131.2%	39.6%	103.9%	52.8%	143.0%	-11.0%	-2.0%	3.1M	-244.6M	-1.6M	0.24	25.36	84,079	20,287	559,187	231,790
2024-10-29	$10.59	$7.50	132.8%	41.1%	98.9%	54.2%	145.0%	-11.9%	-2.0%	3.0M	-217.5M	-1.6M	0.25	17.60	39,535	9,816	557,902	234,698
2024-10-30	$10.39	$7.50	130.4%	41.1%	99.7%	52.1%	146.7%	-10.3%	-0.1%	2.9M	-203.4M	-1.6M	0.13	19.07	23,925	3,176	567,276	238,430
2024-10-31	$9.20	$7.50	130.5%	41.3%	110.7%	52.1%	154.9%	-15.5%	-3.2%	2.0M	-130.0M	-1.4M	0.18	24.57	42,213	7,701	576,456	239,929