IREN (IREN) Options Chain

NASDAQ: IRENFinanceFinance: Consumer ServicesUSD

35.19-0.52 (-1.46%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $35.19
Put/call ratio (OI): 0.55
Put/call ratio (volume): 1.38
ATM implied volatility: 79.5%
Expected move: ±$31.70
Open interest (C / P): 171.94K / 94.11K

IREN options summary

The IREN options chain for the January 21, 2028 expiration lists 35 call and 35 put contracts, with 468 days until expiration. Open interest stands at 171,937 calls and 94,107 puts, a put/call ratio of 0.55, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $35.00 strike is 79.5%, which implies the market expects a move of about ±$31.70 (90.1%) in IREN stock by expiration.

The most open interest sits at the $110.00 call (52.90K contracts) and the $10.00 put (14.53K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

IREN options chain · January 21, 2028

IREN calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
24	1	127.9%	31.39	29.25	32.45	5.00	0.15	0.30	0.23	99.6%	1	11,735
124	6	119.8%	27.05	25.60	29.00	10.00	0.82	0.86	0.84	87.8%	2,683	14,526
98	10	104.3%	22.82	22.65	24.50	15.00	1.80	2.00	1.87	81.4%	26	1,139
218	5	97.4%	21.15	20.10	22.80	18.00	2.59	2.91	2.81	78.5%	26	2,466
1,929	32	91.4%	19.80	19.45	20.35	20.00	3.30	3.60	3.51	77.3%	68	5,585
228	2	92.1%	18.27	17.65	19.40	23.00	4.45	5.00	4.75	76.6%	22	1,602
1,324	36	89.7%	17.15	16.95	17.80	25.00	5.50	5.70	5.63	75.6%	1,243	6,536
356	3	87.6%	16.00	15.50	16.30	28.00	6.80	7.30	7.06	74.2%	4	3,661
3,291	336	88.5%	14.95	15.15	15.35	30.00	8.05	8.25	8.15	73.9%	52	10,800
325	15	86.7%	14.25	13.75	14.85	32.00	8.85	9.55	9.35	72.7%	5	423
2,804	351	86.6%	13.11	13.00	13.60	35.00	10.95	11.20	11.00	72.5%	48	1,927
IREN $35.19
1,112	40	86.3%	12.40	12.20	13.10	37.00	12.10	12.60	12.30	72.0%	7	276
4,879	83	86.1%	11.47	11.60	11.95	40.00	13.65	14.60	14.20	70.0%	11	3,259
762	9	83.8%	10.92	10.20	11.60	42.00	15.10	16.45	15.85	71.3%	101	320
4,617	22	85.9%	10.20	10.10	10.90	45.00	17.65	18.15	17.80	70.6%	12	7,332
659	6	84.3%	10.00	9.15	10.45	47.00	18.30	20.25	19.10	69.5%	168	943
10,353	255	85.1%	9.40	9.05	9.55	50.00	21.40	21.95	21.66	69.8%	146	3,359
3,166	15	84.3%	8.10	8.00	8.50	55.00	25.30	25.90	25.50	68.8%	15	6,331
4,227	24	85.3%	7.36	7.20	8.00	60.00	29.35	30.00	29.67	67.8%	15	2,375
6,904	29	84.3%	6.81	6.60	6.90	65.00	33.55	34.05	33.65	66.2%	21	2,292
8,522	53	84.9%	6.15	6.15	6.30	70.00	37.90	38.60	35.35	66.1%	25	395
3,355	1,250	84.9%	5.65	5.50	5.85	75.00	42.30	43.05	40.45	65.1%	5	271
8,214	64	84.9%	5.15	5.10	5.30	80.00	46.25	47.70	43.75	62.4%	3	130
11,253	95	85.1%	4.70	4.65	4.95	85.00	0.00	0.00	52.55	—	26	0
9,323	19	85.0%	4.43	4.25	4.55	90.00	55.95	57.35	56.30	64.6%	1	2,360
2,073	7	85.2%	4.09	3.95	4.20	95.00	60.60	61.50	54.93	60.5%	1	368
8,742	184	85.4%	3.75	3.70	3.90	100.00	64.55	66.95	61.85	58.8%	35	1,542
2,029	2	86.0%	3.60	3.40	3.80	105.00	69.50	71.25	70.83	54.9%	29	475
52,896	74	86.3%	3.40	3.35	3.40	110.00	74.75	76.50	75.70	60.7%	15	1,217
1,891	2	86.4%	3.20	2.75	3.55	115.00	79.30	81.75	76.90	60.8%	1	2
1,304	101	87.8%	2.96	2.67	3.55	120.00	83.35	86.65	78.54	50.5%	7	33
350	28	87.6%	2.79	2.48	3.30	125.00	88.75	90.80	85.50	68.0%	2	51
243	7	87.3%	2.58	2.50	2.84	130.00	93.20	95.95	85.60	71.5%	1	42
478	1	85.8%	2.44	2.03	2.65	135.00	98.25	101.90	91.25	56.8%	27	209
13,864	359	87.4%	2.42	2.30	2.42	140.00	103.75	106.60	105.00	60.7%	1	125

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the IREN put/call ratio?

For the January 21, 2028 expiration, the IREN put/call ratio based on open interest is 0.55 (94,107 puts vs 171,937 calls), and 1.38 based on today's volume. A ratio above 1 means more puts than calls.

What is IREN's implied volatility?

At-the-money implied volatility for IREN options expiring January 21, 2028 is about 79.5%, an annualized estimate of how much the market expects IREN stock to move.

How many IREN option expiration dates are there?

IREN has 20 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.