IREN Options History — April 2026

In April 2026, IREN traded between $34.21 and $48.34. ATM implied volatility averaged 102.4%, placing in the 50.8% IV rank vs the trailing year. The 30-day expected move averaged 29.4%. IV traded above realized volatility by 15.6% (HV 20d: 86.9%). Max pain ranged from $40.00 to $44.00. Net GEX was positive for 14 of 14 trading days. Term structure was in contango for 7 of 14 days. Put/call ratio averaged 0.52.

Notable Days

2026-04-14: Highest Volume — 439,392 contracts
2026-04-13: Largest IV spike — 4.6% change
2026-04-21: Highest IV Rank — 58.4%
2026-04-21: Largest Expected Move — 31.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$41.41	$34.21	$48.34	$34.21	$45.38
Max Pain	$42.93	$40.00	$44.00	$40.00	$43.00
ATM IV	102.4%	96.7%	109.2%	97.0%	109.2%
Expected Move	29.4%	27.7%	31.3%	27.8%	31.3%
HV 20d	86.9%	78.4%	93.2%	93.2%	88.1%
HV 60d	102.4%	100.5%	105.0%	103.0%	101.6%
IV Rank	50.8%	44.5%	58.4%	44.8%	58.4%
IV Percentile	51.3%	33.7%	70.2%	34.5%	70.2%
Term Structure	-0.2%	-4.8%	4.9%	2.8%	-4.8%
VWIV	105.1%	96.1%	115.5%	96.1%	115.5%
Skew 25d	6.5%	-4.5%	16.9%	16.9%	-4.5%
Skew 10d	16.6%	3.0%	34.2%	30.2%	3.0%
Call IV 25d	100.6%	86.1%	113.3%	86.1%	113.3%
Put IV 25d	107.1%	102.9%	110.4%	102.9%	108.8%
Bid-Ask Spread %	13.72	9.84	19.06	14.25	19.06
Gamma HHI	0.06	0.04	0.13	0.04	0.06
Net GEX	17.2M	389.6K	34.5M	1.3M	16.6M
Net DEX	-1.32B	-2.43B	-275.3M	-275.3M	-1.62B
Net VEX	-10.6M	-12.4M	-8.8M	-8.8M	-12.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.52	0.35	0.69	0.68	0.67
Total Volume	206,389	112,826	439,392	129,843	134,743
Total OI	1,750,568.5	1,605,528	1,945,542	1,722,080	1,784,723

Daily Data (14 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
2026-04-01	$34.21	$40.00	97.0%	27.8%	93.2%	44.8%	96.1%	16.9%	2.8%	1.3M	-275.3M	-8.8M	0.68	14.25	77,108	52,735	968,707	753,373
2026-04-02	$34.56	$44.00	96.7%	27.7%	88.7%	44.5%	101.6%	16.8%	0.7%	389.6K	-361.9M	-8.9M	0.69	15.32	125,212	86,072	995,474	760,502
2026-04-06	$35.11	$44.00	98.7%	28.3%	85.6%	46.6%	102.9%	12.6%	4.9%	1.7M	-424.1M	-8.9M	0.53	11.68	73,799	39,027	917,444	688,084
2026-04-07	$35.45	$43.00	101.2%	29.0%	84.4%	49.4%	104.5%	10.3%	3.0%	3.6M	-444.4M	-9.0M	0.35	12.14	84,076	29,064	957,747	705,235
2026-04-08	$36.67	$43.00	101.0%	29.0%	85.4%	49.2%	100.8%	12.9%	1.5%	9.2M	-675.7M	-9.4M	0.58	15.03	133,278	77,194	981,469	704,299
2026-04-09	$36.79	$43.00	101.0%	29.0%	78.4%	49.3%	101.5%	9.7%	1.4%	13.2M	-723.8M	-9.4M	0.58	12.05	91,366	52,557	1,027,308	713,399
2026-04-10	$39.19	$43.00	100.8%	28.9%	82.1%	49.1%	102.1%	9.0%	2.5%	23.5M	-1.12B	-10.0M	0.40	12.56	174,847	69,442	1,045,925	728,661
2026-04-13	$43.01	$43.00	105.5%	30.3%	88.8%	54.3%	105.8%	6.0%	-3.6%	18.9M	-1.51B	-10.7M	0.39	12.77	212,480	82,304	973,597	671,637
2026-04-14	$47.25	$43.00	104.3%	29.9%	90.3%	52.9%	106.5%	2.3%	-1.6%	30.5M	-2.27B	-11.7M	0.61	11.79	272,360	167,032	1,043,557	698,064
2026-04-15	$48.30	$43.00	105.2%	30.2%	88.3%	53.9%	106.9%	-0.5%	-3.2%	32.5M	-2.43B	-12.4M	0.36	16.26	134,820	48,475	1,092,265	758,119
2026-04-16	$47.69	$43.00	104.2%	29.9%	88.4%	52.9%	108.5%	-0.5%	-0.4%	33.8M	-2.32B	-12.4M	0.51	12.10	135,770	69,877	1,110,278	781,169
2026-04-17	$47.85	$43.00	102.5%	29.4%	88.2%	50.9%	106.2%	-0.3%	-2.2%	34.5M	-2.33B	-12.4M	0.56	17.21	165,857	93,287	1,129,806	815,736
2026-04-20	$48.34	$43.00	106.6%	30.6%	86.0%	55.5%	112.9%	-0.0%	-3.8%	20.8M	-2.03B	-12.4M	0.42	9.84	145,688	60,976	987,074	714,307
2026-04-21	$45.38	$43.00	109.2%	31.3%	88.1%	58.4%	115.5%	-4.5%	-4.8%	16.6M	-1.62B	-12.0M	0.67	19.06	80,767	53,976	1,044,418	740,305