IREN Options Chain, Open Interest, and Volatility Data

IREN Options Open Interest & Strategy Insights

IREN – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
30	60692	102869	163561
10	60996	93349	154345
20	89266	55704	144970
60	69722	45007	114729
15	55304	48944	104248
70	83840	12710	96550
12.5	19050	66218	85268
25	46554	31733	78287
40	41590	36310	77900
35	26498	40268	66766

IREN – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
748.00	51.00	0.00%	94.04%	94.04%

Data Analysis

Symbol: IREN Current Price: 76.41
Max Pain: 36.00 (above)

📌 Absolute OI Peak: 30.00 (163561 contracts)
🛡️ Short-term Key Levels: 70.00（96550 contracts，major support） , 60.00（114729 contracts，major support） , 40.00（77900 contracts，major support）

📈 Put/Call OI Ratio: 748.00 (bearish, Put OI dominant)
Put/Call Volume Ratio: 51.00 (bearish, Put volume dominant)

📊 Avg Call IV: 0.00%
Avg Put IV: 94.04%
IV Skew: 94.04% (Put IV higher than Call IV by 94.04%, downward expectation slightly stronger)

⚠️ Unusual OI concentration at far OTM strike 30.00 (163561 contracts), sentiment: bearish (Put OI dominant). May reflect speculative bets or hedging demand.

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-07	58808	61841	153860	1.052	Neutral ⚖️ (50)
2025-11-14	8848	10793	41066	1.220	Slight Bearish 📉 (40)
2025-11-21	19922	12157	170942	0.610	Moderate Bullish 📈 (65)
2025-11-28	2241	1371	12215	0.612	Slight Bullish 📈 (60)
2025-12-05	261	425	3046	1.628	Moderate Bearish 📉 (30)
2025-12-12	73	495	2186	6.781	Moderate Bearish 📉 (30) ⚠️
2025-12-19	15723	4543	109908	0.289	Strong Bullish 📈💥 (85) ⚠️
2026-01-16	12525	6341	323339	0.506	Moderate Bullish 📈 (65) ⚠️
2026-02-20	455	503	38639	1.105	Slight Bearish 📉 (40)
2026-03-20	2434	2791	180806	1.147	Moderate Bearish 📉 (35)
2026-05-15	797	1370	19241	1.719	Moderate Bearish 📉 (30)
2026-06-18	645	479	65755	0.743	Moderate Bullish 📈 (65)
2026-09-18	596	90	4768	0.151	Moderate Bullish 📈 (70) ⚠️
2026-12-18	131	342	32528	2.611	Moderate Bearish 📉 (30)
2027-01-15	529	861	166079	1.628	Strong Bearish 📉💥 (15)
2028-01-21	831	144	20589	0.173	Moderate Bullish 📈 (70) ⚠️
How the Sentiment Algorithm Works This table evaluates market sentiment based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Indicates the relative activity between put and call options. A high PCR suggests bearish sentiment, while a low PCR indicates bullish sentiment. Open Interest (OI): Represents the number of outstanding contracts. Higher values reflect strong market attention or hedging activity. Unusual activity ⚠️: Days with extremely high PCR or OI are flagged, signaling possible speculative bets or hedging pressures. The sentiment score is computed by combining PCR and OI, then classified into clear labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Scores range from 0 to 100, where higher values indicate stronger bullish sentiment and lower values indicate stronger bearish sentiment.