IREN

Unusual options activity in IREN

Further examination reveals unusual options trades with near-term expiration and high strike prices.

By the SpyStocks desk · · 1 min read

Thought that was all?

$IREN

Further examination we conducted reveals unusual options trades.

1️⃣ A trade closed today with an unusual premium of $220,000, and expiration in two days.

A strike price of $55 per stock, more than 20% higher than the current stock price.

2️⃣ A trade from January 30, five days ago, with a premium paid of approximately $160,000, and an expiration date also in two days.

A strike price of $60 per stock.

This means someone is betting on gains of approximately 30% from the current price within two days.

3️⃣ Additionally, we identified large and unusual options trades with expiration in two days and strike prices of $66 and $70 per stock.

The bets reach up to a 40% increase from the current price by the end of the current week.

We are monitoring.

Good intel travels.

Share this story

Millions of dollars in CALL options on Moderna

PremiumOption WhalesMRNA30m ago1 min read

Moderna: unusual options trade and the stock's surge

PremiumOption WhalesMRNA1d ago2 min read

Unusual options trade in GME

PremiumOption WhalesGME4d ago1 min read