IREN

Unusual options activity in IREN

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

By the SpyStocks desk · 6mo ago · 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.

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