Iris Energy call volume above normal and directionally bullish
The Fly

Iris Energy call volume above normal and directionally bullish

Bullish option flow detected in Iris Energy (IREN) with 53,154 calls trading, 4x expected, and implied vol increasing almost 5 points to 128.32%. Dec-24 25 calls and Jan-25 15 calls are the most active options, with total volume in those strikes near 41,800 contracts. The Put/Call Ratio is 0.04. Earnings are expected on November 26th.

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