IREN - Options Database

IREN

IREN LTD

$37.45 -7.60%

(8/27 18:00) ◀

Friday, August 28, 2026 (9:35am)

▶ (8/28 09:40)

◀ 8/28 09:35 ▶

Option Volume

Detail

ℹ

Current (08/28 9:35am) 55,671

Calls: 41,823 (75%)

Puts: 13,848 (25%)

Prior (08/12) 24,581

Calls: 18,516 (75%)

Puts: 6,065 (25%)

Current vs Prior +126.48%

Calls: +125.87% (Calls)

Puts: +128.33% (Puts)

Prior 7-Day Total 1,919,127

Calls: 1,271,315 (66%)

Puts: 647,812 (34%)

Prior 7-Day Average 274,161

Calls: 181,616 (66%)

Puts: 92,544 (34%)

Current vs Prior 7-Day Avg -79.69%

Calls: -76.97%

Puts: -85.04%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/28 9:35am) $6.94M

Calls: $4.15M (60%)

Puts: $2.79M (40%)

Prior (08/12) $5.79M

Calls: $4.63M (80%)

Puts: $1.17M (20%)

Current vs Prior +19.74%

Calls: -10.24%

Puts: +138.59%

Prior 7-Day Total $464.79M

Calls: $338.12M (73%)

Puts: $126.67M (27%)

Prior 7-Day Average $66.40M

Calls: $48.30M (73%)

Puts: $18.10M (27%)

Current vs Prior 7-Day Avg -89.55%

Calls: -91.40%

Puts: -84.61%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/28 9:35am) 0.33

Prior (08/12) 0.33

Current vs Prior +1.09%

Prior 7-Day Average 0.45

Current vs Prior 7-Day Avg -26.34%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/28 9:35am) 2,646,713

Calls: 1,502,073 (57%)

Puts: 1,144,640 (43%)

Prior (08/12) 2,708,512

Calls: 1,374,721 (51%)

Puts: 1,333,791 (49%)

Current vs Prior -2.28%

Prior 7-Day Total 18,073,133

Calls: 9,298,520 (51%)

Puts: 8,774,613 (49%)

Prior 7-Day Average 2,581,876

Calls: 1,328,360 (51%)

Puts: 1,253,516 (49%)

Current vs Prior 7-Day Avg +2.51%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)

Current 4.99% | 10.36%16.32% | 25.90%

Prior 11.58% | 15.11%20.12% | 28.59%

Current vs Prior -56.87% | -31.43%-18.91% | -9.40%

Prior 7-Day Avg 10.07% | 16.29%18.62% | 31.71%

Current vs 7-Day Avg -50.40% | -36.40%-12.40% | -18.32%

Prior 7-Day Eod 11.58% | 15.11%19.99% | 28.40%

Current vs 7-Day Eod -56.87% | -31.43%-18.36% | -8.79%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 7.47% | 6.94%

Calls: 7.62% | 7.25%

Puts: 7.32% | 6.63%

Prior 2.82% | 3.32%

Calls: 2.52% | 3.23%

Puts: 3.12% | 3.41%

Current vs Prior +164.89% | +109.04%

Prior 7-Day Avg 7.91% | 11.28%

Calls: 7.61% | 11.76%

Puts: 8.22% | 10.80%

Current vs 7-Day Avg -5.56% | -38.47%

Liquidity Pricy

Add Card

🤖 AI Insights

Unusually high activity with volume up 126% vs prior - elevated interest. Extreme bullish P/C ratio of 0.33 - heavy call buying (41,823 calls vs 13,848 puts).

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
14:05	BULLISH	BULLISH	BULLISH
09:35	BULLISH	BULLISH	BULLISH

📈 Options Analysis

🎯 Tightest Spreads

💰 Best Value Under $1

📊 High Delta (ITM)

🔥 High Volume

⏰ Backwardation

📈 Debit Spreads

📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

🦋 Butterflies

⚖️ Ratio Spreads

🛡️ Covered Calls

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 82 of results (avg 7.2%, best 4.1%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$36.00	Aug 28	1.68	1.75	$1.72	4.1%	30	0.77	199
$38.00	Sep 18	2.70	2.83	$2.77	4.7%	4	0.51	622
$36.00	Sep 4	2.56	2.69	$2.63	4.9%	1	0.65	123
$36.50	Aug 28	1.32	1.39	$1.36	5.1%	84	0.69	53
$38.00	Sep 4	1.56	1.65	$1.61	5.6%	154	0.47	269

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$42.00	Sep 18	5.80	6.05	$5.93	4.2%	6	0.68	1.6K
$38.50	Sep 4	2.35	2.46	$2.41	4.6%	395	0.57	410
$42.50	Sep 18	6.15	6.45	$6.30	4.8%	1	0.70	28
$41.00	Sep 4	4.10	4.30	$4.20	4.8%	60	0.74	5.1K
$39.00	Sep 4	2.65	2.78	$2.72	4.8%	66	0.61	773

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 26 found (avg $0.58, cheapest $0.10)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$41.00	Aug 28	0.05	0.06	$0.06	16.7%	3.8K	0.06	8.7K
$38.50	Aug 28	0.39	0.45	$0.42	14.3%	59	0.30	161
$38.00	Aug 28	0.55	0.62	$0.59	11.9%	375	0.39	575
$37.50	Aug 28	0.76	0.83	$0.80	8.7%	390	0.49	208
$42.00	Sep 4	0.48	0.55	$0.52	13.5%	167	0.20	2.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$35.00	Aug 28	0.09	0.10	$0.10	10.0%	904	0.11	8.5K
$36.00	Aug 28	0.24	0.29	$0.27	18.5%	414	0.23	4.5K
$36.50	Aug 28	0.37	0.43	$0.40	15.0%	202	0.32	2.2K
$37.00	Aug 28	0.55	0.61	$0.58	10.3%	866	0.41	4.8K
$37.50	Aug 28	0.79	0.85	$0.82	7.3%	956	0.51	2.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 125 found (avg delta 0.73, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$30.00	Aug 28	6.90	8.45	$7.68	20.2%	3	1.00	230
$31.00	Aug 28	5.65	7.30	$6.48	25.5%	--	0.99	77
$31.50	Aug 28	4.95	6.95	$5.95	33.6%	--	0.99	26
$32.00	Aug 28	4.70	6.45	$5.58	31.4%	--	0.99	73
$33.00	Aug 28	4.00	4.65	$4.33	15.0%	1	0.98	60

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$42.00	Aug 28	4.45	4.75	$4.60	6.5%	58	1.00	6.4K
$42.50	Aug 28	4.85	5.55	$5.20	13.5%	26	1.00	589
$43.00	Aug 28	5.40	5.95	$5.68	9.7%	24	1.00	958
$43.50	Aug 28	5.85	6.55	$6.20	11.3%	4	1.00	486
$44.00	Aug 28	6.35	6.90	$6.63	8.3%	13	1.00	989

Most actively traded options today. High liquidity = easy entry/exit. 221 active (total vol 29.0K, top 3.8K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$41.00	Aug 28	0.05	0.06	$0.06	16.7%	3.8K	0.06	8.7K
$42.00	Aug 28	0.02	0.03	$0.03	33.3%	3.0K	0.03	33.7K
$40.00	Aug 28	0.11	0.14	$0.13	23.1%	1.7K	0.12	7.7K
$39.00	Aug 28	0.25	0.31	$0.28	21.4%	630	0.23	626
$44.00	Aug 28	0.00	0.01	$0.01	100.0%	519	0.01	5.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$34.00	Aug 28	0.03	0.05	$0.04	50.0%	1.2K	0.04	4.0K
$34.50	Aug 28	0.05	0.07	$0.06	33.3%	1.1K	0.07	2.1K
$37.50	Aug 28	0.79	0.85	$0.82	7.3%	956	0.51	2.2K
$35.00	Aug 28	0.09	0.10	$0.10	10.0%	904	0.11	8.5K
$40.00	Aug 28	2.58	2.72	$2.65	5.3%	874	0.88	9.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 18 strikes (avg 133.6%, max 151.6%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$36.00	Aug 28	Oct 9	193.7%	77.0%	151.6%	32	199
$37.50	Aug 28	Sep 18	195.5%	80.8%	142.1%	423	214
$38.50	Aug 28	Sep 18	197.7%	82.6%	139.4%	59	184
$39.50	Aug 28	Sep 18	206.9%	87.1%	137.5%	97	768
$36.50	Aug 28	Sep 18	190.9%	80.6%	136.7%	89	59

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$39.00	Aug 28	Oct 2	202.2%	81.9%	146.9%	369	3.5K
$37.50	Aug 28	Sep 18	195.5%	80.8%	142.1%	964	2.3K
$38.50	Aug 28	Sep 18	197.7%	82.6%	139.4%	137	1.5K
$39.50	Aug 28	Sep 18	206.9%	87.1%	137.5%	62	1.2K
$36.50	Aug 28	Sep 18	190.9%	80.6%	136.7%	212	2.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 138 found (best R:R 1.06, avg 1.68)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$33.00	$35.00	Oct 2	$0.97	$1.03	$0.97	73%	1.06	$33.97
$30.00	$31.00	Sep 4	$0.60	$0.40	$0.60	96%	0.67	$30.60
$37.00	$38.00	Oct 2	$0.22	$0.78	$0.22	56%	3.55	$37.22
$38.00	$39.00	Oct 9	$0.23	$0.77	$0.23	53%	3.35	$38.23
$38.00	$39.00	Sep 25	$0.21	$0.79	$0.21	51%	3.76	$38.21

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$43.00	$42.50	Sep 11	$0.23	$0.27	$0.23	77%	1.17	$42.77
$44.00	$43.00	Oct 2	$0.55	$0.45	$0.55	67%	0.82	$43.45
$34.00	$33.00	Sep 11	$0.14	$0.86	$0.14	24%	6.14	$33.86
$41.00	$40.50	Sep 11	$0.28	$0.22	$0.28	69%	0.79	$40.72
$44.50	$44.00	Sep 18	$0.32	$0.18	$0.32	75%	0.56	$44.18

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 82 found (best R:R 0.65, avg 0.61)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$38.00	$39.00	Oct 2	$0.65	$0.65	$0.35	48%	1.86	$38.65
$43.50	$44.00	Sep 18	$0.26	$0.26	$0.24	72%	1.08	$43.76
$39.50	$40.00	Sep 18	$0.32	$0.32	$0.18	56%	1.78	$39.82
$42.00	$43.00	Sep 25	$0.36	$0.36	$0.64	65%	0.56	$42.36
$42.00	$43.00	Oct 2	$0.39	$0.39	$0.61	62%	0.64	$42.39

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$34.00	$30.00	Oct 9	$1.58	$1.58	$2.42	68%	0.65	$32.42
$37.00	$35.00	Oct 9	$1.25	$1.25	$0.75	57%	1.67	$35.75
$36.00	$35.00	Oct 2	$0.69	$0.69	$0.31	60%	2.23	$35.31
$33.00	$32.00	Oct 2	$0.51	$0.51	$0.49	73%	1.04	$32.49
$32.00	$31.00	Sep 25	$0.33	$0.33	$0.67	79%	0.49	$31.67

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 10 found (avg debit $0.99, cheapest $0.98)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$37.00	Aug 28	Sep 4	$1.02	196.9%	85.3%
$38.50	Aug 28	Sep 4	$1.00	197.7%	88.8%
$38.00	Aug 28	Sep 4	$1.02	196.6%	87.7%
$37.50	Aug 28	Sep 4	$1.05	195.5%	87.3%
$36.50	Aug 28	Sep 4	$0.98	190.9%	84.9%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$37.00	Aug 28	Sep 4	$0.98	196.9%	85.3%
$38.50	Aug 28	Sep 4	$0.97	197.7%	88.8%
$38.00	Aug 28	Sep 4	$0.98	196.6%	87.7%
$37.50	Aug 28	Sep 4	$0.99	195.5%	87.3%
$36.50	Aug 28	Sep 4	$0.93	190.9%	84.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 69 found (cheapest 4.33% of stock, avg 13.25%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$37.50	Aug 28	$0.80	$0.82	$1.62	$35.88	$39.12	4.33%
$37.00	Aug 28	$1.05	$0.58	$1.63	$35.37	$38.63	4.35%
$38.00	Aug 28	$0.59	$1.11	$1.70	$36.30	$39.70	4.54%
$36.50	Aug 28	$1.36	$0.40	$1.76	$34.74	$38.26	4.70%
$38.50	Aug 28	$0.42	$1.44	$1.86	$36.64	$40.36	4.97%
$36.00	Aug 28	$1.72	$0.27	$1.99	$34.01	$37.99	5.31%
$39.00	Aug 28	$0.28	$1.82	$2.10	$36.90	$41.10	5.61%
$35.50	Aug 28	$2.13	$0.17	$2.30	$33.20	$37.80	6.14%
$39.50	Aug 28	$0.20	$2.22	$2.42	$37.08	$41.92	6.46%
$35.00	Aug 28	$2.48	$0.10	$2.58	$32.42	$37.58	6.89%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 158 found (cheapest 0.80% of stock, avg 10.17%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$39.50	$35.00	Aug 28	$0.20	$0.10	$0.30	$34.70	$39.80
$39.50	$35.50	Aug 28	$0.20	$0.17	$0.37	$35.13	$39.87
$39.00	$35.00	Aug 28	$0.28	$0.10	$0.38	$34.62	$39.38
$39.00	$35.50	Aug 28	$0.28	$0.17	$0.45	$35.05	$39.45
$39.50	$36.00	Aug 28	$0.20	$0.27	$0.47	$35.53	$39.97
$39.00	$36.00	Aug 28	$0.28	$0.27	$0.55	$35.45	$39.55
$38.50	$35.00	Aug 28	$0.42	$0.10	$0.52	$34.48	$39.02
$38.50	$35.50	Aug 28	$0.42	$0.17	$0.59	$34.91	$39.09
$39.50	$36.50	Aug 28	$0.20	$0.40	$0.60	$35.90	$40.10
$39.00	$36.50	Aug 28	$0.28	$0.40	$0.68	$35.82	$39.68

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 42 found (best R:R 2.23, avg credit $0.36)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
31/32	42/43	Sep 25	$0.69	$0.31	45%	2.23	$31.31	$42.69
34/35	42/43	Sep 25	$0.82	$0.18	31%	4.56	$34.18	$42.82
32/33	42/43	Sep 25	$0.70	$0.30	40%	2.33	$32.30	$42.70
33/34	42/43	Sep 25	$0.64	$0.36	36%	1.78	$33.36	$42.64
34/35	40/41	Sep 4	$0.27	$0.23	44%	1.17	$34.73	$40.77
35/36	40/41	Sep 4	$0.29	$0.21	40%	1.38	$35.21	$40.79
34/35	40/40	Sep 4	$0.28	$0.22	41%	1.27	$34.72	$40.28
35/36	40/40	Sep 4	$0.30	$0.20	37%	1.50	$35.20	$40.30
34/34	40/41	Sep 4	$0.24	$0.26	48%	0.92	$34.26	$40.74
34/34	40/40	Sep 4	$0.25	$0.25	45%	1.00	$34.25	$40.25

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 64 found (best R:R 9.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$36.50	$37.00	$37.50	Aug 28	$0.06	$0.44	20%	7.33
$35.50	$36.00	$36.50	Aug 28	$0.05	$0.45	16%	9.00
$36.00	$37.00	$38.00	Oct 9	$0.05	$0.95	7%	19.00
$38.50	$39.00	$39.50	Aug 28	$0.06	$0.44	13%	7.33
$37.50	$38.00	$38.50	Sep 11	$0.05	$0.45	7%	9.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$37.00	$37.50	$38.00	Aug 28	$0.05	$0.45	20%	9.00
$36.50	$37.00	$37.50	Aug 28	$0.06	$0.44	20%	7.33
$38.00	$38.50	$39.00	Aug 28	$0.05	$0.45	16%	9.00
$34.00	$35.00	$36.00	Sep 18	$0.07	$0.93	11%	13.29
$38.00	$39.00	$40.00	Sep 25	$0.06	$0.94	8%	15.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 46 found (best net $-0.71, 44 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$40.00	$44.00	1:2	Oct 9	-$0.71	$3.29
$39.50	$40.00	1:2	Aug 28	-$0.06	$0.44
$38.50	$39.00	1:2	Aug 28	-$0.14	$0.36
$39.00	$39.50	1:2	Aug 28	-$0.12	$0.38
$38.00	$38.50	1:2	Aug 28	-$0.25	$0.25

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$33.00	$32.00	1:2	Sep 11	-$0.12	$0.88
$36.00	$35.50	1:2	Aug 28	-$0.07	$0.43
$31.00	$30.00	1:2	Sep 11	-$0.08	$0.92
$36.50	$36.00	1:2	Aug 28	-$0.14	$0.36
$31.50	$31.00	1:2	Sep 4	-$0.07	$0.43

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 70 found (best yield 8.14%, avg 3.66%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$40.00	Oct 9	$3.05	0.47	6.8%	8.14%	14.95%	2	14
$40.00	Oct 2	$2.85	0.45	6.8%	7.61%	14.42%	17	103
$38.00	Oct 9	$3.60	0.53	1.5%	9.61%	11.08%	1	1
$42.00	Oct 2	$2.05	0.38	12.2%	5.47%	17.62%	6	212
$41.00	Oct 2	$2.30	0.41	9.5%	6.14%	15.62%	13	421
$44.00	Oct 2	$1.42	0.32	17.5%	3.79%	21.28%	--	75
$44.00	Oct 9	$1.19	0.34	17.5%	3.18%	20.67%	--	27
$40.00	Sep 25	$2.30	0.43	6.8%	6.14%	12.95%	37	417
$39.00	Oct 9	$2.40	0.51	4.1%	6.41%	10.55%	--	32
$39.00	Oct 2	$2.45	0.47	4.1%	6.54%	10.68%	--	58

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 41,823

Total Puts 13,848

Put/Call Ratio 0.33

Net Difference 27,975

Prior's Put/Call Breakdown

Total Calls 18,516

Total Puts 6,065

Put/Call Ratio 0.33

Net Difference 12,451

Prior 7-Day Put/Call Summary

Total Calls 1,271,315

Total Puts 647,812

Average Put/Call Ratio 0.45

Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
Loading data...

Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

Add Card