Stocks

IREN's Options Frenzy: What You Need to Know

Published February 19, 2025

Recently, big investment players have taken a bearish stance towards IREN (NASDAQ: IREN), and this is a development that those involved in the market should pay attention to. Our analysis of public options records has revealed this significant shift today.

We noticed this activity through tracking tools that indicated a striking level of options trading for IREN. Today, there were 14 noteworthy options activities flagged, marking a substantial rise in interest that deviates from the norm.

The sentiment among these major investors appears mixed, with roughly 35% showing a bullish outlook while about 57% are leaning towards bearish positions. The data shows that there are 7 put options totaling $349,175 and 7 call options worth approximately $598,954.

What's The Price Target?

Taking into account how many options are being traded and their open interest, it seems that these significant investors have been focusing on a price range for IREN between $5.00 and $20.00 over the past three months.

Insights into Volume & Open Interest

Understanding the volume and open interest in options trading provides crucial insights. These indicators reveal the level of liquidity and the interest of investors in IREN's options at specific strike prices. The following analysis highlights how volume and open interest have changed for both call and put options related to IREN in the last 30 days.

IREN Option Activity Analysis: Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
IREN CALL SWEEP BULLISH 01/16/26 $3.3 $3.05 $3.3 $15.00 $297.0K 25.9K 915
IREN CALL SWEEP BEARISH 07/18/25 $3.65 $3.55 $3.55 $11.00 $105.8K 2.0K 299
IREN PUT SWEEP BULLISH 01/16/26 $8.25 $8.05 $8.1 $20.00 $90.7K 39.8K 156
IREN PUT TRADE BEARISH 01/16/26 $6.2 $6.15 $6.2 $17.50 $54.5K 33.0K 310
IREN PUT TRADE BULLISH 01/16/26 $6.15 $6.0 $6.05 $17.50 $53.2K 33.0K 400

About IREN

IREN Ltd is a company focused on data centers that contribute to the future of Bitcoin, artificial intelligence, and other sectors, emphasizing the use of renewable energy.

As we analyze the options trading activities related to IREN, we also take a moment to examine the company's current performance and market status.

IREN's Current Market Status

  • The trading volume for IREN has reached 7,398,874, and the stock price has increased by 3.78%, now standing at $13.46.
  • The current Relative Strength Index (RSI) indicates that the stock may be nearing an overbought condition.
  • The next earnings report is set to be released in 84 days.

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Options trading can involve higher risks and potential rewards. Successful traders manage these risks by staying informed, adjusting their strategies, and closely monitoring market conditions. To stay updated on the latest IREN options trading activities, consider subscribing to real-time alerts.

IREN, options, trading