IREN Limited (IREN) Volatility Skew

Implied volatility skew shows how IV varies across strike prices for a given expiration. Steeper skews indicate higher demand for downside protection relative to upside speculation.

Snapshot as of Apr 21, 2026.

Spot Price

$45.38

ATM IV

109.2%

IV Skew 25Δ

-0.04

As of Apr 21, 2026, IREN Limited (IREN) at-the-money implied volatility is 109.2%. The 25-delta skew is -0.045 — puts carry meaningful premium over calls, a classic equity downside-protection skew. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.