IREN Options History — November 2024

In November 2024, IREN traded between $8.48 and $13.50. ATM implied volatility averaged 129.9%, placing in the 49.1% IV rank vs the trailing year. The 30-day expected move averaged 37.0%. IV traded below realized volatility by 1.0% (HV 20d: 130.8%). Max pain ranged from $7.50 to $9.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.29.

Notable Days

  • 2024-11-27: Highest Volume — 212,534 contracts
  • 2024-11-27: Largest IV drop — 20.8% change
  • 2024-11-06: Highest IV Rank — 70.8%
  • 2024-11-25: Largest Expected Move — 40.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.68$8.48$13.50$9.04$13.50
Max Pain$8.90$7.50$9.00$8.50$9.00
ATM IV129.9%109.1%151.7%125.8%113.1%
Expected Move37.0%32.5%40.1%39.2%34.2%
HV 20d130.8%104.0%159.7%104.0%153.7%
HV 60d106.1%93.8%116.3%93.8%116.3%
IV Rank49.1%13.9%70.8%48.0%18.4%
IV Percentile60.6%12.3%91.7%54.0%23.8%
Term Structure-3.7%-25.2%3.1%-1.6%-1.6%
VWIV138.5%120.0%166.5%140.0%120.7%
Skew 25d-7.3%-34.8%48.6%-14.5%2.9%
Skew 10d0.3%-73.3%50.8%-22.2%29.2%
Call IV 25d126.4%65.0%157.9%138.4%110.4%
Put IV 25d119.1%67.4%134.7%124.0%113.3%
Bid-Ask Spread %23.996.9939.4329.1637.77
Gamma HHI0.110.090.270.100.11
Net GEX2.9M1.4M5.7M1.5M4.8M
Net DEX-208.6M-394.5M-87.1M-118.0M-394.5M
Net VEX-1.7M-2.3M-1.3M-1.4M-2.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.101.270.341.27
Total Volume85,221.527,060212,53445,808142,381
Total OI897,460.2810,7761,014,769831,0761,014,769

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-11-01$9.04$8.50125.8%39.2%104.0%48.0%140.0%-14.5%-1.6%1.5M-118.0M-1.4M0.3429.1634,08711,721589,191241,885
2024-11-04$8.48$9.00136.8%37.5%105.6%57.7%139.1%-9.9%-21.2%1.4M-87.1M-1.3M0.2217.4754,50911,892572,910237,866
2024-11-05$9.02$9.00129.9%37.3%106.6%51.6%136.8%-10.0%-1.7%1.9M-123.3M-1.4M0.1417.6523,7333,327591,799246,418
2024-11-06$10.98$9.00151.7%35.6%122.7%70.8%129.9%-25.5%-25.2%3.6M-253.1M-1.6M0.1721.4367,72511,614601,598247,824
2024-11-07$11.27$9.00125.8%35.2%121.3%48.0%127.0%-13.7%-4.2%4.0M-270.6M-1.7M0.1931.7935,0556,641600,646244,328
2024-11-08$10.98$9.00120.2%34.5%121.6%43.1%120.0%-11.8%-0.1%5.7M-245.7M-1.6M0.1822.4176,29313,357609,854245,750
2024-11-11$12.75$9.00131.7%36.8%128.0%53.2%134.8%-16.0%-1.8%4.6M-376.5M-1.8M0.406.9995,83038,790616,370248,605
2024-11-12$12.30$9.00127.1%36.0%129.5%49.1%128.8%39.7%-0.2%4.3M-333.7M-1.8M0.4110.3254,45422,491631,055262,667
2024-11-13$10.89$9.00124.5%35.3%137.4%46.8%128.6%-34.8%-0.2%3.2M-212.6M-1.7M0.4215.7177,35332,425640,241283,509
2024-11-14$10.23$7.50124.7%36.1%139.2%47.0%134.8%-12.8%-0.7%2.7M-153.0M-1.7M0.1825.4578,50614,470657,541307,848
2024-11-15$10.66$9.00134.9%39.1%138.7%56.1%166.5%-20.0%3.1%1.7M-190.4M-1.8M0.1639.43102,76516,643676,389315,396
2024-11-18$10.23$9.00128.4%36.7%139.6%50.2%156.4%-14.1%-0.6%1.8M-146.4M-1.8M0.1027.5054,6005,606584,735269,418
2024-11-19$10.39$9.00134.6%38.6%138.7%55.8%147.2%-20.5%-4.1%2.1M-162.6M-1.8M0.1535.1165,1209,816603,950272,617
2024-11-20$10.05$9.00138.4%39.7%137.4%59.1%147.1%-20.2%-5.5%2.3M-151.1M-1.7M0.1418.3852,8107,255619,338277,117
2024-11-21$9.77$9.00137.3%39.6%136.3%58.2%149.5%-24.7%-3.7%2.0M-133.1M-1.7M0.2326.4852,03712,164638,527282,294
2024-11-22$10.73$9.00132.8%38.3%140.0%54.2%150.7%-16.2%-0.4%2.1M-207.4M-1.9M0.3128.2358,61318,019649,782290,446
2024-11-25$10.34$9.00133.1%40.1%127.4%54.4%144.7%-14.8%-2.9%2.2M-171.9M-1.8M0.2419.1947,38811,260617,593279,160
2024-11-26$9.61$9.00137.8%38.7%129.4%46.6%141.8%48.6%-1.9%1.8M-120.9M-1.7M0.1427.1762,2888,858635,038284,396
2024-11-27$12.46$9.00109.1%32.5%159.7%13.9%124.7%42.2%-0.2%4.0M-320.7M-2.1M0.3322.10159,81852,716670,246290,088
2024-11-29$13.50$9.00113.1%34.2%153.7%18.4%120.7%2.9%-1.6%4.8M-394.5M-2.3M1.2737.7762,69279,689690,410324,359