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IREN Options Chain by Expiration – Open Interest & Put/Call Ratio

Explore the IREN options chain aggregated by expiration date, with call and put open interest, total OI and put/call ratios. Use this overview to spot where options positioning is most concentrated and which expirations carry bullish, bearish or neutral sentiment for IREN.

Market Sentiment from IREN Options by Expiration Date

The table below aggregates IREN options data by expiration date, including call volume, put volume, total open interest and the put/call ratio. Each row is assigned a sentiment label and numerical sentiment score, highlighting expirations where positioning is extremely bullish, defensive or balanced. Click on an expiration date to drill down into the detailed options chain for that maturity.

Expiration Date Call OI Put OI Total Open Interest Put/Call Ratio
2025-12-26 84716 72782 157498 0.859
2026-01-02 27445 49644 77089 1.809
2026-01-09 9306 8414 17720 0.904
2026-01-16 302037 285463 587500 0.945
2026-01-23 3331 3226 6557 0.968
2026-01-30 4590 6420 11010 1.399
2026-02-20 85156 49285 134441 0.579
2026-03-20 256304 174290 430594 0.680
2026-05-15 39290 13789 53079 0.351
2026-06-18 82278 74544 156822 0.906
2026-07-17 256 6 262 0.023
2026-08-21 180 46 226 0.256
2026-09-18 42549 15507 58056 0.364
2026-10-16 52 0 52 0.000
2026-11-20 3 0 3 0.000
2026-12-18 47593 31199 78792 0.656
2027-01-15 194283 169233 363516 0.871
2028-01-21 62214 16278 78492 0.262

How the Options Sentiment Score Is Calculated

This sentiment framework evaluates market bias for IREN based on aggregated options data by expiration date. The key metrics are:

  • Put/Call Ratio (PCR): Compares put and call activity. A higher PCR usually indicates more defensive or bearish positioning, while a lower PCR suggests bullish call demand.
  • Open Interest (OI): Represents the number of outstanding option contracts. Higher open interest reflects strong market attention, hedging activity or speculative positioning around IREN.
  • Unusual activity ⚠️: Expirations with extreme PCR or unusually high OI are flagged with a warning icon, signaling concentrated bets, hedging pressure or potential event-driven risk.

The sentiment score combines PCR and OI into a 0–100 scale, then classifies each expiration into intuitive labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Higher scores reflect more aggressive bullish positioning in IREN options, while lower scores highlight more defensive or bearish structures.