IREN - Options Database

IREN

IREN LTD

$37.76 -6.83%

(8/28 09:55) ◀

Friday, August 28, 2026 (10:00am)

▶ (8/28 10:05)

◀ 8/28 10:00 ▶

Option Volume

Detail

ℹ

Current (08/28 10:00am) 168,564

Calls: 122,324 (73%)

Puts: 46,240 (27%)

Prior (08/12) 91,042

Calls: 70,427 (77%)

Puts: 20,615 (23%)

Current vs Prior +85.15%

Calls: +73.69% (Calls)

Puts: +124.30% (Puts)

Prior 7-Day Total 2,133,671

Calls: 1,421,357 (67%)

Puts: 712,314 (33%)

Prior 7-Day Average 304,810

Calls: 203,051 (67%)

Puts: 101,759 (33%)

Current vs Prior 7-Day Avg -44.70%

Calls: -39.76%

Puts: -54.56%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/28 10:00am) $24.79M

Calls: $16.99M (69%)

Puts: $7.80M (31%)

Prior (08/12) $17.03M

Calls: $14.35M (84%)

Puts: $2.68M (16%)

Current vs Prior +45.56%

Calls: +18.41%

Puts: +190.85%

Prior 7-Day Total $509.25M

Calls: $371.13M (73%)

Puts: $138.12M (27%)

Prior 7-Day Average $72.75M

Calls: $53.02M (73%)

Puts: $19.73M (27%)

Current vs Prior 7-Day Avg -65.92%

Calls: -67.95%

Puts: -60.48%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/28 10:00am) 0.38

Prior (08/12) 0.29

Current vs Prior +29.14%

Prior 7-Day Average 0.44

Current vs Prior 7-Day Avg -14.34%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/28 10:00am) 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 17,997,379

Calls: 9,358,652 (52%)

Puts: 8,638,727 (48%)

Prior 7-Day Average 2,571,054

Calls: 1,336,950 (52%)

Puts: 1,234,103 (48%)

Current vs Prior 7-Day Avg +2.94%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 3.95% | 9.59%15.55% | 25.05%

Prior 11.50% | 15.02%19.91% | 28.60%

Current vs Prior -65.70% | -36.18%-21.91% | -12.41%

Prior 7-Day Avg 11.10% | 16.63%18.62% | 31.71%

Current vs 7-Day Avg -64.46% | -42.36%-16.53% | -20.99%

Prior 7-Day Eod 11.50% | 15.02%19.99% | 28.40%

Current vs 7-Day Eod -65.70% | -36.18%-22.21% | -11.78%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 9.39% | 6.35%

Calls: 9.33% | 6.52%

Puts: 9.46% | 6.18%

Prior 3.82% | 4.82%

Calls: 4.07% | 6.25%

Puts: 3.56% | 3.39%

Current vs Prior +145.81% | +31.74%

Prior 7-Day Avg 7.25% | 11.01%

Calls: 6.99% | 11.53%

Puts: 7.51% | 10.49%

Current vs 7-Day Avg +29.52% | -42.31%

Liquidity Pricy

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🤖 AI Insights

Moderately bullish flow with 69% call dollar volume ($16.99M). Above-average activity with volume up 85% vs prior. Extreme bullish P/C ratio of 0.38 - heavy call buying (122,324 calls vs 46,240 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
10:00	BULLISH	BULLISH	BULLISH
09:55	BULLISH	BULLISH	BULLISH
09:50	BULLISH	BULLISH	BULLISH
09:45	BULLISH	BULLISH	BULLISH
09:40	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 96 of results (avg 7.6%, best 4.2%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$38.00	Sep 18	2.68	2.83	$2.76	5.4%	131	0.53	622
$38.00	Aug 28	0.49	0.52	$0.51	5.9%	2.2K	0.47	575
$40.00	Sep 18	1.92	2.04	$1.98	6.1%	774	0.42	9.6K
$37.00	Sep 18	3.10	3.30	$3.20	6.2%	297	0.59	986
$38.50	Aug 28	0.31	0.33	$0.32	6.3%	513	0.34	161

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$39.00	Sep 4	2.33	2.43	$2.38	4.2%	315	0.58	773
$42.00	Sep 18	5.40	5.65	$5.53	4.5%	21	0.67	1.6K
$38.00	Sep 18	2.80	2.93	$2.87	4.5%	30	0.47	1.7K
$41.50	Sep 18	5.00	5.25	$5.13	4.9%	3	0.66	74
$40.00	Sep 18	4.00	4.20	$4.10	4.9%	161	0.58	11.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 31 found (avg $0.57, cheapest $0.07)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$40.00	Aug 28	0.06	0.07	$0.07	14.3%	4.2K	0.10	7.7K
$39.50	Aug 28	0.11	0.13	$0.12	16.7%	2.4K	0.16	708
$39.00	Aug 28	0.18	0.21	$0.20	15.0%	1.3K	0.24	626
$38.50	Aug 28	0.31	0.33	$0.32	6.3%	513	0.34	161
$38.00	Aug 28	0.49	0.52	$0.51	5.9%	2.2K	0.47	575

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$37.00	Aug 28	0.26	0.31	$0.29	17.2%	3.1K	0.28	4.8K
$37.50	Aug 28	0.45	0.51	$0.48	12.5%	1.9K	0.40	2.2K
$38.00	Aug 28	0.70	0.77	$0.74	9.5%	1.7K	0.53	4.2K
$34.00	Sep 4	0.32	0.39	$0.36	19.4%	353	0.15	1.2K
$34.50	Sep 4	0.41	0.49	$0.45	17.8%	76	0.19	187

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 136 found (avg delta 0.73, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$30.50	Aug 28	6.95	7.65	$7.30	9.6%	10	0.99	28
$31.00	Aug 28	6.15	7.45	$6.80	19.1%	--	0.99	77
$31.50	Aug 28	5.15	7.05	$6.10	31.1%	--	0.99	26
$32.50	Aug 28	3.80	6.10	$4.95	46.5%	--	0.99	15
$33.00	Aug 28	4.10	5.15	$4.63	22.7%	3	0.99	60

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$41.50	Aug 28	3.60	4.00	$3.80	10.5%	78	1.00	1.5K
$42.00	Aug 28	4.10	4.60	$4.35	11.5%	597	1.00	6.4K
$42.50	Aug 28	4.50	5.00	$4.75	10.5%	43	1.00	589
$43.00	Aug 28	5.05	5.55	$5.30	9.4%	69	1.00	958
$43.50	Aug 28	5.55	6.05	$5.80	8.6%	7	1.00	486

Most actively traded options today. High liquidity = easy entry/exit. 276 active (total vol 92.9K, top 15.5K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$41.00	Aug 28	0.02	0.03	$0.03	33.3%	15.5K	0.04	8.7K
$42.00	Aug 28	0.01	0.02	$0.02	50.0%	4.9K	0.02	33.7K
$40.00	Aug 28	0.06	0.07	$0.07	14.3%	4.2K	0.10	7.7K
$45.00	Sep 4	0.17	0.20	$0.19	15.8%	2.6K	0.09	6.8K
$39.50	Aug 28	0.11	0.13	$0.12	16.7%	2.4K	0.16	708

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$37.00	Aug 28	0.26	0.31	$0.29	17.2%	3.1K	0.28	4.8K
$35.00	Aug 28	0.02	0.04	$0.03	66.7%	2.4K	0.05	8.5K
$35.00	Sep 4	0.54	0.58	$0.56	7.1%	2.2K	0.22	2.0K
$37.50	Aug 28	0.45	0.51	$0.48	12.5%	1.9K	0.40	2.2K
$40.00	Aug 28	2.22	2.48	$2.35	11.1%	1.7K	0.90	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. 14 strikes (avg 91.6%, max 108.4%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$36.50	Aug 28	Sep 18	153.5%	73.6%	108.4%	144	59
$37.50	Aug 28	Sep 18	154.0%	76.7%	100.6%	1.0K	214
$39.50	Aug 28	Sep 18	154.5%	78.7%	96.5%	2.5K	768
$38.50	Aug 28	Sep 18	149.8%	78.4%	90.9%	531	184
$37.00	Aug 28	Oct 9	151.8%	81.0%	87.5%	322	150

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$36.50	Aug 28	Sep 18	153.5%	73.9%	107.5%	661	2.3K
$37.50	Aug 28	Sep 18	154.0%	76.8%	100.5%	1.9K	2.3K
$39.50	Aug 28	Sep 18	154.5%	78.4%	97.0%	216	1.2K
$38.50	Aug 28	Sep 18	149.8%	78.1%	91.9%	468	1.5K
$39.00	Aug 28	Oct 2	153.6%	81.5%	88.4%	759	3.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 145 found (best R:R 3.17, avg 1.70)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$31.00	$31.50	Sep 4	$0.12	$0.38	$0.12	96%	3.17	$31.12
$33.00	$36.00	Oct 9	$1.72	$1.28	$1.72	74%	0.74	$34.72
$37.00	$38.00	Oct 9	$0.22	$0.78	$0.22	58%	3.55	$37.22
$38.00	$39.00	Oct 9	$0.25	$0.75	$0.25	55%	3.00	$38.25
$42.00	$43.00	Oct 9	$0.15	$0.85	$0.15	41%	5.67	$42.15

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$45.00	$44.50	Aug 28	$0.33	$0.17	$0.33	100%	0.52	$44.67
$45.00	$44.50	Sep 4	$0.30	$0.20	$0.30	90%	0.67	$44.70
$32.00	$31.00	Sep 25	$0.11	$0.89	$0.11	18%	8.09	$31.89
$42.00	$41.00	Oct 9	$0.53	$0.47	$0.53	59%	0.89	$41.47
$38.50	$38.00	Sep 11	$0.21	$0.29	$0.21	52%	1.38	$38.29

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 87 found (best R:R 1.38, avg 0.56)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$39.00	$40.00	Oct 9	$0.56	$0.56	$0.44	48%	1.27	$39.56
$41.00	$41.50	Sep 18	$0.23	$0.23	$0.27	62%	0.85	$41.23
$43.50	$44.00	Sep 11	$0.14	$0.14	$0.36	80%	0.39	$43.64
$41.00	$42.00	Sep 25	$0.41	$0.41	$0.59	60%	0.69	$41.41
$44.00	$44.50	Sep 18	$0.15	$0.15	$0.35	75%	0.43	$44.15

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$37.00	$35.00	Oct 9	$1.16	$1.16	$0.84	59%	1.38	$35.84
$36.00	$35.00	Oct 2	$0.56	$0.56	$0.44	63%	1.27	$35.44
$37.00	$36.00	Oct 2	$0.55	$0.55	$0.45	58%	1.22	$36.45
$33.00	$32.00	Oct 2	$0.37	$0.37	$0.63	75%	0.59	$32.63
$33.00	$32.00	Oct 9	$0.37	$0.37	$0.63	74%	0.59	$32.63

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.06, cheapest $1.02)

CALLS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$37.50	Aug 28	Sep 4	$1.09	154.0%	79.1%
$38.00	Aug 28	Sep 4	$1.10	149.7%	78.8%
$38.50	Aug 28	Sep 4	$1.09	149.8%	80.6%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$37.50	Aug 28	Sep 4	$1.02	154.0%	79.1%
$38.00	Aug 28	Sep 4	$1.04	149.7%	78.8%
$38.50	Aug 28	Sep 4	$1.00	149.8%	80.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 77 found (cheapest 3.26% of stock, avg 12.89%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$37.50	Aug 28	$0.75	$0.48	$1.23	$36.27	$38.73	3.26%
$38.00	Aug 28	$0.51	$0.74	$1.25	$36.75	$39.25	3.31%
$37.00	Aug 28	$1.06	$0.29	$1.35	$35.65	$38.35	3.58%
$38.50	Aug 28	$0.32	$1.06	$1.38	$37.12	$39.88	3.65%
$36.50	Aug 28	$1.44	$0.16	$1.60	$34.90	$38.10	4.24%
$39.00	Aug 28	$0.20	$1.44	$1.64	$37.36	$40.64	4.34%
$36.00	Aug 28	$1.82	$0.09	$1.91	$34.09	$37.91	5.06%
$39.50	Aug 28	$0.12	$1.86	$1.98	$37.52	$41.48	5.24%
$35.50	Aug 28	$2.27	$0.05	$2.32	$33.18	$37.82	6.14%
$40.00	Aug 28	$0.07	$2.35	$2.42	$37.58	$42.42	6.41%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 0.32% of stock, avg 9.96%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$40.00	$35.50	Aug 28	$0.07	$0.05	$0.12	$35.38	$40.12
$40.00	$36.00	Aug 28	$0.07	$0.09	$0.16	$35.84	$40.16
$39.50	$35.50	Aug 28	$0.12	$0.05	$0.17	$35.33	$39.67
$39.50	$36.00	Aug 28	$0.12	$0.09	$0.21	$35.79	$39.71
$40.00	$36.50	Aug 28	$0.07	$0.16	$0.23	$36.27	$40.23
$39.50	$36.50	Aug 28	$0.12	$0.16	$0.28	$36.22	$39.78
$39.00	$35.50	Aug 28	$0.20	$0.05	$0.25	$35.25	$39.25
$39.00	$36.00	Aug 28	$0.20	$0.09	$0.29	$35.71	$39.29
$39.00	$36.50	Aug 28	$0.20	$0.16	$0.36	$36.14	$39.36
$40.00	$37.00	Aug 28	$0.07	$0.29	$0.36	$36.64	$40.36

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 57 found (best R:R 2.57, avg credit $0.37)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
35/36	44/44	Sep 11	$0.36	$0.14	49%	2.57	$35.14	$43.86
33/34	44/44	Sep 11	$0.28	$0.22	60%	1.27	$33.22	$43.78
32/33	44/45	Oct 2	$0.64	$0.36	43%	1.78	$32.36	$44.64
35/36	42/42	Sep 11	$0.35	$0.15	42%	2.33	$35.15	$42.35
34/35	44/44	Sep 11	$0.29	$0.21	52%	1.38	$34.71	$43.79
33/34	42/42	Sep 11	$0.27	$0.23	54%	1.17	$33.23	$42.27
34/34	44/44	Sep 11	$0.25	$0.25	58%	1.00	$33.75	$43.75
35/36	41/42	Sep 11	$0.34	$0.16	37%	2.13	$35.16	$41.34
36/36	44/44	Sep 11	$0.30	$0.20	45%	1.50	$35.70	$43.80
31/32	44/45	Oct 2	$0.55	$0.45	48%	1.22	$31.45	$44.55

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 72 found (best R:R 9.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$37.50	$38.00	$38.50	Aug 28	$0.05	$0.45	26%	9.00
$37.00	$37.50	$38.00	Aug 28	$0.07	$0.43	25%	6.14
$38.00	$38.50	$39.00	Aug 28	$0.07	$0.43	23%	6.14
$36.50	$37.00	$37.50	Aug 28	$0.07	$0.43	22%	6.14
$36.50	$37.00	$37.50	Sep 4	$0.05	$0.45	10%	9.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$37.50	$38.00	$38.50	Aug 28	$0.06	$0.44	26%	7.33
$38.00	$38.50	$39.00	Aug 28	$0.06	$0.44	23%	7.33
$36.50	$37.00	$37.50	Aug 28	$0.06	$0.44	22%	7.33
$37.00	$37.50	$38.00	Aug 28	$0.07	$0.43	25%	6.14
$36.00	$36.50	$37.00	Aug 28	$0.06	$0.44	17%	7.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 43 found (best net $-0.13, 43 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$38.00	$38.50	1:2	Aug 28	-$0.13	$0.37
$38.50	$39.00	1:2	Aug 28	-$0.08	$0.42
$37.50	$38.00	1:2	Aug 28	-$0.27	$0.23
$37.00	$37.50	1:2	Aug 28	-$0.44	$0.06
$44.50	$45.00	1:2	Sep 4	-$0.16	$0.34

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$37.50	$37.00	1:2	Aug 28	-$0.10	$0.40
$38.00	$37.50	1:2	Aug 28	-$0.22	$0.28
$31.00	$30.50	1:2	Sep 4	-$0.05	$0.45
$32.00	$31.50	1:2	Sep 4	-$0.07	$0.43
$32.50	$32.00	1:2	Sep 4	-$0.09	$0.41

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 73 found (best yield 8.08%, avg 3.57%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$40.00	Oct 9	$3.05	0.48	5.9%	8.08%	14.01%	14	14
$43.00	Oct 9	$2.02	0.39	13.9%	5.35%	19.23%	2	5
$44.00	Oct 9	$1.75	0.35	16.5%	4.63%	21.16%	3	27
$45.00	Oct 9	$1.62	0.32	19.2%	4.29%	23.46%	6	40
$42.00	Oct 9	$2.18	0.41	11.2%	5.77%	17.00%	50	1
$38.00	Oct 9	$3.60	0.55	0.6%	9.53%	10.17%	1	1
$40.00	Oct 2	$2.66	0.46	5.9%	7.04%	12.98%	23	103
$39.00	Oct 2	$3.05	0.50	3.3%	8.08%	11.36%	6	58
$41.00	Oct 2	$2.30	0.42	8.6%	6.09%	14.67%	18	421
$42.00	Oct 2	$1.96	0.38	11.2%	5.19%	16.42%	23	212

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Current Put/Call Breakdown

Total Calls 122,324

Total Puts 46,240

Put/Call Ratio 0.38

Net Difference 76,084

Prior's Put/Call Breakdown

Total Calls 70,427

Total Puts 20,615

Put/Call Ratio 0.29

Net Difference 49,812

Prior 7-Day Put/Call Summary

Total Calls 1,421,357

Total Puts 712,314

Average Put/Call Ratio 0.44

Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

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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

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