IREN Options History — December 2024

In December 2024, IREN traded between $9.92 and $15.26. ATM implied volatility averaged 104.2%, placing in the 7.2% IV rank vs the trailing year. The 30-day expected move averaged 30.5%. IV traded below realized volatility by 31.9% (HV 20d: 136.1%). Max pain ranged from $9.50 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.25.

Notable Days

  • 2024-12-05: Highest Volume — 129,453 contracts
  • 2024-12-31: Largest IV drop — 4.7% change
  • 2024-12-17: Highest IV Rank — 14.3%
  • 2024-12-04: Largest Expected Move — 34.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.62$9.92$15.26$12.56$9.92
Max Pain$9.98$9.50$10.00$10.00$10.00
ATM IV104.2%92.8%110.6%108.3%92.8%
Expected Move30.5%26.8%34.2%33.3%26.8%
HV 20d136.1%96.7%156.7%156.7%96.7%
HV 60d120.6%115.6%123.4%116.9%121.4%
IV Rank7.2%0.0%14.3%13.0%0.0%
IV Percentile6.6%0.0%21.0%10.7%0.0%
Term Structure0.6%-6.0%6.3%3.6%3.9%
VWIV110.1%97.2%120.0%120.0%97.2%
Skew 25d1.5%-9.7%44.9%43.4%-1.5%
Skew 10d-2.3%-51.6%39.5%-7.0%-9.2%
Call IV 25d98.8%61.6%117.9%64.8%96.6%
Put IV 25d100.3%55.9%109.0%108.2%95.1%
Bid-Ask Spread %31.3016.6842.2326.8035.45
Gamma HHI0.110.090.130.110.09
Net GEX3.4M1.2M5.2M3.2M1.3M
Net DEX-267.7M-558.8M-23.8M-289.3M-23.8M
Net VEX-2.4M-2.7M-1.8M-2.2M-1.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.080.950.180.22
Total Volume70,544.33319,285129,45371,57236,489
Total OI1,072,337.286983,4531,172,0591,000,098999,917

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-12-02$12.56$10.00108.3%33.3%156.7%13.0%120.0%43.4%3.6%3.2M-289.3M-2.2M0.1826.8060,43711,135672,108327,990
2024-12-03$12.92$9.50107.1%32.8%153.8%11.6%115.3%-6.4%-6.0%3.7M-314.7M-2.3M0.9537.4437,85236,056692,848329,145
2024-12-04$14.40$10.00109.4%34.2%156.3%14.2%118.8%24.2%-0.4%5.2M-458.7M-2.5M0.4333.8681,74935,467709,375330,673
2024-12-05$14.00$10.00107.0%32.0%143.0%11.5%113.2%-9.7%0.9%5.2M-424.0M-2.5M0.1516.68112,68316,770731,816351,186
2024-12-06$15.26$10.00103.6%30.7%145.4%7.6%110.2%-6.9%0.4%5.2M-558.8M-2.7M0.4022.8367,70227,082745,466354,948
2024-12-09$14.45$10.00105.1%30.7%146.8%9.3%109.9%-9.0%0.1%4.8M-435.2M-2.6M0.2026.5338,1197,475726,450356,512
2024-12-10$13.18$10.00105.1%30.5%142.1%9.4%109.7%44.9%1.5%3.7M-314.3M-2.5M0.2529.8844,11111,236730,811360,771
2024-12-11$13.77$10.00104.2%30.4%142.2%8.2%109.9%-3.1%1.6%4.3M-364.4M-2.5M0.1420.5025,5823,595738,190363,655
2024-12-12$13.54$10.00103.2%30.8%134.4%7.2%114.4%-7.4%4.4%4.1M-343.8M-2.5M0.1125.3667,5397,295743,631364,757
2024-12-13$13.05$10.00106.3%31.4%132.8%10.6%118.9%-9.4%6.3%3.7M-304.8M-2.5M0.1525.0073,45511,131780,045366,415
2024-12-16$13.79$10.00104.9%30.0%133.3%9.0%108.3%-6.2%-1.7%4.3M-362.5M-2.5M0.4435.4588,58739,248737,308351,353
2024-12-17$13.68$10.00109.5%31.5%132.0%14.3%110.2%-8.8%-5.3%4.6M-360.8M-2.6M0.2129.7543,7029,031760,566360,161
2024-12-18$12.00$10.00108.5%31.1%141.8%7.5%113.6%-8.9%-1.1%2.4M-197.7M-2.4M0.1338.4467,8278,572773,121367,746
2024-12-19$11.57$10.00110.6%31.8%141.9%10.1%117.2%-6.4%-3.0%1.8M-167.9M-2.3M0.1834.26103,63918,759786,300373,481
2024-12-20$11.86$10.00105.8%30.6%141.4%4.3%108.8%-3.9%-3.1%2.8M-179.0M-2.4M0.2540.4445,11611,290792,858379,201
2024-12-23$11.23$10.00104.9%30.2%139.5%3.2%109.6%24.3%2.0%2.2M-129.8M-2.2M0.1432.0273,26510,309657,457347,453
2024-12-24$11.75$10.00100.3%28.2%139.5%0.0%103.4%-9.6%0.6%2.9M-156.7M-2.3M0.1042.2317,5371,748664,352354,021
2024-12-26$11.46$10.0097.6%27.1%136.8%0.0%99.3%-2.7%3.6%2.8M-128.5M-2.2M0.1938.8024,7104,756672,270354,440
2024-12-27$10.69$10.0096.8%27.5%102.3%0.0%101.9%-4.4%3.4%1.7M-76.7M-2.0M0.0833.4140,2753,241670,519356,314
2024-12-30$9.98$10.0097.5%28.8%99.0%0.7%102.3%-1.1%0.3%1.2M-30.5M-1.8M0.3532.2542,22714,632640,740342,713
2024-12-31$9.92$10.0092.8%26.8%96.7%0.0%97.2%-1.5%3.9%1.3M-23.8M-1.8M0.2235.4529,8496,640653,870346,047