IREN - Options Database

IREN

IREN LTD

$35.14 -13.31%

(8/28 13:00) ◀

Friday, August 28, 2026 (2:00pm)

▶ (8/28 15:00)

◀ 8/28 14:00 ▶

Option Volume

Detail

ℹ

Current (08/28 2:00pm) 646,507

Calls: 381,105 (59%)

Puts: 265,402 (41%)

Prior (08/21) 265,556

Calls: 189,421 (71%)

Puts: 76,135 (29%)

Current vs Prior +143.45%

Calls: +101.19% (Calls)

Puts: +248.59% (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 +112.10%

Calls: +87.69%

Puts: +160.81%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/28 2:00pm) $133.96M

Calls: $62.81M (47%)

Puts: $71.15M (53%)

Prior (08/21) $52.26M

Calls: $36.29M (69%)

Puts: $15.96M (31%)

Current vs Prior +156.36%

Calls: +73.07%

Puts: +345.70%

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 +84.14%

Calls: +18.47%

Puts: +260.59%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (08/28 2:00pm) 0.70

Prior (08/21) 0.40

Current vs Prior +73.26%

Prior 7-Day Average 0.44

Current vs Prior 7-Day Avg +57.81%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/28 2:00pm) 2,646,713

Calls: 1,502,073 (57%)

Puts: 1,144,640 (43%)

Prior (08/21) 2,834,039

Calls: 1,502,935 (53%)

Puts: 1,331,104 (47%)

Current vs Prior -6.61%

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 2.31% | 8.99%16.02% | 24.42%

Prior 11.50% | 15.02%19.91% | 28.60%

Current vs Prior -79.96% | -40.14%-19.52% | -14.64%

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

Current vs 7-Day Avg -79.24% | -45.93%-13.97% | -23.00%

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

Current vs 7-Day Eod -79.96% | -40.14%-19.83% | -14.02%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 11.35% | 4.71%

Calls: 12.50% | 3.97%

Puts: 10.20% | 5.45%

Prior 3.82% | 4.82%

Calls: 4.07% | 6.25%

Puts: 3.56% | 3.39%

Current vs Prior +197.12% | -2.28%

Prior 7-Day Avg 7.25% | 11.01%

Calls: 6.99% | 11.53%

Puts: 7.51% | 10.49%

Current vs 7-Day Avg +56.55% | -57.21%

Liquidity Acceptable

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🤖 AI Insights

Massive premium surge with dollar volume up 156% vs prior. Dollar volume significantly above 7-day average (84% higher). Unusually high activity with volume up 143% vs prior - elevated interest. Volume explosion - 112% above 7-day average (646,507 vs avg 304,810).

Smart Money BEARISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

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
14:00	BEARISH	BULLISH	BULLISH
13:00	BEARISH	BULLISH	BULLISH
12:00	BEARISH	BULLISH	BULLISH
11:00	BULLISH	BULLISH	BULLISH
10:35	BULLISH	BULLISH	BULLISH
10:30	BULLISH	BULLISH	BULLISH
10:25	BULLISH	BULLISH	BULLISH
10:20	BULLISH	BULLISH	BULLISH
10:15	BULLISH	BULLISH	BULLISH
10:10	BULLISH	BULLISH	BULLISH
10:05	BULLISH	BULLISH	BULLISH
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 135 of results (avg 6.5%, best 1.1%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$35.00	Sep 18	2.61	2.64	$2.63	1.1%	2.2K	0.54	1.1K
$33.50	Sep 4	2.35	2.43	$2.39	3.3%	157	0.69	2
$34.00	Sep 4	2.03	2.10	$2.07	3.4%	1.3K	0.64	37
$39.50	Sep 4	0.28	0.29	$0.29	3.4%	1.1K	0.15	185
$30.00	Sep 4	5.20	5.40	$5.30	3.8%	66	0.93	27

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$41.00	Aug 28	5.80	5.95	$5.88	2.6%	2.2K	0.99	4.3K
$40.00	Sep 18	5.65	5.80	$5.73	2.6%	425	0.73	11.4K
$35.00	Sep 25	2.74	2.83	$2.79	3.2%	666	0.46	1.2K
$34.50	Sep 4	1.10	1.14	$1.12	3.6%	1.3K	0.41	187
$35.00	Sep 4	1.32	1.37	$1.35	3.7%	9.1K	0.47	2.0K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 48 found (avg $0.54, cheapest $0.11)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$35.50	Aug 28	0.10	0.12	$0.11	18.2%	5.6K	0.26	44
$35.00	Aug 28	0.30	0.34	$0.32	12.5%	3.3K	0.56	971
$34.50	Aug 28	0.63	0.73	$0.68	14.7%	430	0.82	16
$41.00	Sep 4	0.15	0.18	$0.16	18.8%	1.9K	0.09	2.3K
$41.50	Sep 4	0.13	0.15	$0.14	14.3%	904	0.08	839

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$35.00	Aug 28	0.18	0.20	$0.19	10.5%	12.6K	0.44	8.5K
$35.50	Aug 28	0.46	0.51	$0.49	10.2%	7.0K	0.74	998
$36.00	Aug 28	0.86	1.03	$0.95	17.9%	13.9K	0.91	4.5K
$30.00	Sep 4	0.11	0.13	$0.12	16.7%	8.2K	0.07	2.7K
$30.50	Sep 4	0.15	0.17	$0.16	12.5%	758	0.09	47

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 137 found (avg delta 0.75, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$29.00	Aug 28	5.60	6.70	$6.15	17.9%	7	1.00	13
$29.50	Aug 28	5.15	6.25	$5.70	19.3%	2	1.00	6
$30.00	Aug 28	4.55	5.20	$4.88	13.3%	28	1.00	230
$30.50	Aug 28	3.95	4.80	$4.38	19.4%	19	1.00	28
$31.00	Aug 28	3.55	4.70	$4.13	27.8%	1	1.00	77

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$42.00	Aug 28	6.80	7.10	$6.95	4.3%	1.2K	0.99	6.4K
$41.00	Aug 28	5.80	5.95	$5.88	2.6%	2.2K	0.99	4.3K
$41.50	Aug 28	6.30	6.75	$6.53	6.9%	189	0.99	1.5K
$40.00	Aug 28	4.70	5.05	$4.88	7.2%	6.5K	0.99	9.5K
$40.50	Aug 28	5.30	5.55	$5.43	4.6%	811	0.99	1.3K

Most actively traded options today. High liquidity = easy entry/exit. 277 active (total vol 329.8K, top 16.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$41.00	Aug 28	0.00	0.01	$0.01	100.0%	16.3K	0.01	8.7K
$36.00	Aug 28	0.02	0.03	$0.03	33.3%	10.7K	0.09	199
$40.00	Sep 4	0.22	0.24	$0.23	8.7%	10.1K	0.13	2.6K
$38.00	Aug 28	0.00	0.01	$0.01	100.0%	9.2K	0.01	575
$40.00	Aug 28	0.00	0.01	$0.01	100.0%	9.1K	0.01	7.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$36.00	Aug 28	0.86	1.03	$0.95	17.9%	13.9K	0.91	4.5K
$35.00	Aug 28	0.18	0.20	$0.19	10.5%	12.6K	0.44	8.5K
$35.00	Sep 4	1.32	1.37	$1.35	3.7%	9.1K	0.47	2.0K
$30.00	Sep 4	0.11	0.13	$0.12	16.7%	8.2K	0.07	2.7K
$37.50	Aug 28	2.29	2.60	$2.45	12.7%	7.5K	0.99	2.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 6 strikes (avg 57.6%, max 66.3%)

CALLS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$34.50	Aug 28	Sep 11	117.6%	70.7%	66.3%	491	16
$35.50	Aug 28	Sep 11	113.2%	72.9%	55.3%	5.9K	44
$35.00	Aug 28	Oct 9	111.0%	73.5%	51.1%	3.3K	971

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$34.50	Aug 28	Sep 11	117.6%	70.7%	66.3%	6.9K	2.1K
$35.50	Aug 28	Sep 11	113.2%	72.9%	55.3%	7.2K	998
$35.00	Aug 28	Oct 9	111.0%	73.5%	51.1%	12.7K	8.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 134 found (best R:R 3.35, avg 1.74)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$30.50	$31.00	Aug 28	$0.25	$0.25	$0.25	100%	1.00	$30.75
$35.00	$36.00	Oct 9	$0.30	$0.70	$0.30	55%	2.33	$35.30
$30.00	$31.00	Oct 9	$0.53	$0.47	$0.53	77%	0.89	$30.53
$39.00	$40.00	Oct 9	$0.18	$0.82	$0.18	39%	4.56	$39.18
$36.00	$37.00	Oct 2	$0.30	$0.70	$0.30	50%	2.33	$36.30

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$42.00	$41.00	Oct 9	$0.23	$0.77	$0.23	70%	3.35	$41.77
$40.00	$39.00	Oct 9	$0.18	$0.82	$0.18	63%	4.56	$39.82
$41.50	$41.00	Sep 11	$0.20	$0.30	$0.20	85%	1.50	$41.30
$40.00	$39.50	Sep 18	$0.20	$0.30	$0.20	73%	1.50	$39.80
$38.00	$37.50	Sep 4	$0.33	$0.17	$0.33	76%	0.52	$37.67

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 75 found (best R:R 1.00, avg 0.52)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$35.50	$36.00	Sep 11	$0.26	$0.26	$0.24	51%	1.08	$35.76
$38.00	$39.00	Oct 9	$0.42	$0.42	$0.58	56%	0.72	$38.42
$37.00	$37.50	Sep 11	$0.17	$0.17	$0.33	62%	0.52	$37.17
$36.50	$37.00	Sep 4	$0.16	$0.16	$0.34	63%	0.47	$36.66
$38.00	$38.50	Sep 18	$0.16	$0.16	$0.34	64%	0.47	$38.16

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$33.00	$32.00	Oct 9	$0.50	$0.50	$0.50	64%	1.00	$32.50
$34.00	$33.00	Oct 9	$0.53	$0.53	$0.47	60%	1.13	$33.47
$35.00	$34.00	Oct 2	$0.54	$0.54	$0.46	55%	1.17	$34.46
$31.00	$30.00	Oct 2	$0.34	$0.34	$0.66	74%	0.52	$30.66
$34.00	$33.00	Sep 25	$0.48	$0.48	$0.52	60%	0.92	$33.52

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.17, cheapest $1.16)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$35.00	Aug 28	Sep 4	$1.19	111.0%	72.4%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$35.00	Aug 28	Sep 4	$1.16	111.0%	72.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 71 found (cheapest 1.45% of stock, avg 12.62%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$35.00	Aug 28	$0.32	$0.19	$0.51	$34.49	$35.51	1.45%
$35.50	Aug 28	$0.11	$0.49	$0.60	$34.90	$36.10	1.71%
$34.50	Aug 28	$0.68	$0.07	$0.75	$33.75	$35.25	2.13%
$36.00	Aug 28	$0.03	$0.95	$0.98	$35.02	$36.98	2.79%
$34.00	Aug 28	$1.16	$0.02	$1.18	$32.82	$35.18	3.36%
$36.50	Aug 28	$0.02	$1.39	$1.41	$35.09	$37.91	4.01%
$33.50	Aug 28	$1.46	$0.02	$1.48	$32.02	$34.98	4.21%
$37.00	Aug 28	$0.01	$1.88	$1.89	$35.11	$38.89	5.38%
$33.00	Aug 28	$2.01	$0.01	$2.02	$30.98	$35.02	5.75%
$32.50	Aug 28	$2.44	$0.01	$2.45	$30.05	$34.95	6.97%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 159 found (cheapest 0.11% of stock, avg 9.81%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$36.50	$34.00	Aug 28	$0.02	$0.02	$0.04	$33.96	$36.54
$36.00	$34.00	Aug 28	$0.03	$0.02	$0.05	$33.95	$36.05
$36.50	$34.50	Aug 28	$0.02	$0.07	$0.09	$34.41	$36.59
$36.00	$34.50	Aug 28	$0.03	$0.07	$0.10	$34.40	$36.10
$35.50	$34.00	Aug 28	$0.11	$0.02	$0.13	$33.87	$35.63
$35.50	$34.50	Aug 28	$0.11	$0.07	$0.18	$34.32	$35.68
$36.50	$35.00	Aug 28	$0.02	$0.19	$0.21	$34.79	$36.71
$36.00	$35.00	Aug 28	$0.03	$0.19	$0.22	$34.78	$36.22
$35.50	$35.00	Aug 28	$0.11	$0.19	$0.30	$34.70	$35.80
$37.50	$33.00	Sep 4	$0.61	$0.59	$1.20	$31.80	$38.70

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 51 found (best R:R 1.33, avg credit $0.37)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
30/31	41/42	Oct 2	$0.57	$0.43	44%	1.33	$30.43	$41.57
32/32	38/39	Sep 11	$0.27	$0.23	45%	1.17	$32.23	$38.77
32/32	38/38	Sep 11	$0.28	$0.22	42%	1.27	$32.22	$38.28
31/32	38/39	Sep 11	$0.23	$0.27	51%	0.85	$31.27	$38.73
31/32	38/38	Sep 11	$0.24	$0.26	49%	0.92	$31.26	$38.24
32/33	38/38	Sep 4	$0.25	$0.25	46%	1.00	$32.75	$37.75
32/33	37/38	Sep 4	$0.27	$0.23	42%	1.17	$32.73	$37.27
32/33	38/39	Sep 11	$0.27	$0.23	41%	1.17	$32.73	$38.77
33/34	38/39	Sep 11	$0.29	$0.21	37%	1.38	$33.21	$38.79
32/33	38/38	Sep 11	$0.28	$0.22	38%	1.27	$32.72	$38.28

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 77 found (best R:R 6.14, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$34.50	$35.00	$35.50	Aug 28	$0.15	$0.35	56%	2.33
$35.00	$35.50	$36.00	Aug 28	$0.13	$0.37	48%	2.85
$34.00	$34.50	$35.00	Aug 28	$0.12	$0.38	38%	3.17
$35.50	$36.00	$36.50	Aug 28	$0.07	$0.43	21%	6.14
$33.00	$34.00	$35.00	Sep 18	$0.08	$0.92	13%	11.50

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$34.00	$34.50	$35.00	Aug 28	$0.07	$0.43	38%	6.14
$34.50	$35.00	$35.50	Aug 28	$0.18	$0.32	56%	1.78
$33.00	$34.00	$35.00	Sep 18	$0.06	$0.94	13%	15.67
$32.00	$33.00	$34.00	Sep 18	$0.06	$0.94	12%	15.67
$35.00	$35.50	$36.00	Aug 28	$0.16	$0.34	48%	2.13

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 47 found (best net $-0.20, 44 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$34.00	$34.50	1:2	Aug 28	-$0.20	$0.30
$41.50	$42.00	1:2	Sep 4	-$0.10	$0.40
$40.50	$41.00	1:2	Sep 4	-$0.12	$0.38
$41.00	$41.50	1:2	Sep 4	-$0.12	$0.38
$39.50	$40.00	1:2	Sep 4	-$0.17	$0.33

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$29.50	$29.00	1:2	Sep 4	-$0.06	$0.44
$30.50	$30.00	1:2	Sep 4	-$0.08	$0.42
$30.00	$29.50	1:2	Sep 4	-$0.08	$0.42
$31.00	$30.50	1:2	Sep 4	-$0.10	$0.40
$29.50	$29.00	1:2	Sep 11	-$0.10	$0.40

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 63 found (best yield 5.41%, avg 3.31%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$40.00	Oct 9	$1.90	0.36	13.8%	5.41%	19.24%	60	14
$38.00	Oct 9	$2.39	0.43	8.1%	6.80%	14.94%	27	1
$39.00	Oct 9	$1.98	0.39	11.0%	5.63%	16.62%	43	32
$41.00	Oct 9	$1.54	0.33	16.7%	4.38%	21.06%	3	2
$42.00	Oct 9	$1.41	0.30	19.5%	4.01%	23.53%	61	1
$37.00	Oct 9	$2.59	0.47	5.3%	7.37%	12.66%	70	37
$37.00	Oct 2	$2.45	0.46	5.3%	6.97%	12.27%	352	9
$40.00	Oct 2	$1.65	0.34	13.8%	4.70%	18.53%	222	103
$36.00	Oct 9	$2.85	0.51	2.5%	8.11%	10.56%	11	--
$38.00	Oct 2	$2.08	0.41	8.1%	5.92%	14.06%	215	45

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 381,105

Total Puts 265,402

Put/Call Ratio 0.70

Net Difference 115,703

Prior's Put/Call Breakdown

Total Calls 189,421

Total Puts 76,135

Put/Call Ratio 0.40

Net Difference 113,286

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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