Bullish option flow detected in Iris Energy with 34,824 calls trading, 1.7x expected, and implied vol increasing over 12 points to 113.22%. 4/11 weekly 6 calls and 4/4 weekly 6.5 calls are the most active options, with total volume in those strikes near 9,000 contracts. The Put/Call Ratio is 0.36. Earnings are expected on May 14th.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IREN: