Bullish option flow detected in Iris Energy with 6,593 calls trading, 2x expected, and implied vol increasing almost 4 points to 168.68%. Mar-24 5.5 puts and Feb-24 7.5 calls are the most active options, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 0.20. Earnings are expected on February 15th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on IREN:
- Iris Energy call volume above normal and directionally bullish
- Iris Energy signs GPU cloud service contract with AI company
- NVIDIA H100 GPU cloud contract signed with AI company, poolside
- Iris Energy reports January production 341 Bitcoin
- Iris Energy Announces Monthly Investor Update for January 2024