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IREN

IREN LIMITEDClose $47.74EOD only
Max Pain
$57.00
Next expiry Jun 26, 2026
Expected Move
±$2.40
5.0% from close
Price Gap
+9.26
Distance to max pain
IV Rank
21
Low premium
P/C OI
0.96
Balanced positioning
Consensus
7.0/10
Bearish tilt
Published snapshot: Jun 25, 2026 close
End-of-day snapshot

This page reflects IREN options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jun 25, 2026 close
IREN Theta Report
Analysis based on market close June 26, 2026
DirectionalTheta GangFlowEarningsConsensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Theta Verdict

Attractiveness6.5 / 10
Sizing: Moderate
Primary: N/A
Invalidation: Spot breaks below $43 or above $51
Confidence:
6.5 / 10
base 5; +2 GEX/flow strongly aligned; -1 spot 10.9% from MP; +0.5 VIX 18

IV Environment

IV Regime
High
IV vs VIX
IV 122.5% vs VIX 18.4: extremely elevated
Favorable?
Yes

Term structure: Front-month spike; term steep near term, flat afterward

⚠️Bearish flow: net -$27.4M premium, put vol ratio 2.83
📊Max pain $53 Jun26, $52 Jul2; spot $48.17 below

Pin Risk Assessment

Spot vs MP: Below

GEX regime: Trending ($-48.3M)

Gamma flip: ~$42.00 — Approx — based on put OI concentration of 42,791 (11.0% below spot)

OI concentrations: Call OI wall $50-$65; Put floor $30-$43

Verdict: Pin risk at $53, $52, $57; spot below, gravity expected

Premium Opportunities

Risk Alerts

!High IV + bearish flow risks drawdown
!Gamma flip at $42 could accelerate
!Watch pinning near max pain levels
How to Use These Reports
This theta reflects the market close on June 26, 2026.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.