IREN
$43.00Research & Monitoring
IREN triple-Core FIRE: 0th pctile short GEX + put trampoline at 35 + call cascade at 45, price reclaiming MA10
IREN is a Bitcoin mining / AI data center infrastructure stock with heavy retail options activity; net dealer GEX sits at the 0th percentile (maximally short gamma), a concentrated put wall at 35 creates a trampoline floor, and 100th percentile call OI above spot with peak concentration at 45 sets a delta-hedging cascade path. Price just reclaimed the 10-day MA at 41.72, triggering F9 (weak — price reclaim only, no HV expansion). Term structure is in severe backwardation (IV7d 1.01 > IV90d 1.02, front-back spread -0.57%). Strike skew slope at the 97th percentile confirms heavy put-side demand. No gex_flip_strike identified — squeeze ceiling unknown, target precision reduced. Reflation regime supports 1.0× sizing.
Peak call OI at 45 is the delta-hedging cascade target — 45C captures the reflexive move through the densest gamma band. With no flip strike identified, 45 is the best available mechanical target. 28-42 DTE (Apr 10-24...
Entry: Enter on confirmed hold above 10d MA (41.72). Ideal entry on any pullback toward 40 that holds above put wall influence zone. If price breaks below 39, delay entry.
Risk: No gex_flip_strike means the squeeze ceiling is unknown — the move could stall anywhere above 45 or run further, but target precision is...
Higher-delta, longer-dated 43C in May expiry (49-63 DTE) as a higher-conviction leg. The May 15 expiry shows an earnings volatility bump (+5.6% earn effect in vol surface), which could compound the squeeze. Closer-to-...
Entry: Enter if F9 strengthens (HV expansion or DRMO fires). Acceptable to enter now with half size, add on confirmation.
Risk: Longer DTE means more premium at risk but more time for mechanics to play out. Earnings effect embedded in May options — if earnings are...
Whale Episodes
Stored episode summaries for this symbol
2026-06-05 33P
active · first seen 2026-05-26
score 2.57
OI 6,307
2026-06-18 75C
active · first seen 2026-04-24 · roll detected
score 6.56
OI 14,054
2026-12-18 70C
active · first seen 2026-05-04
score 1.50
OI 21,335
2026-06-18 70C
active · first seen 2026-05-06
score 1.99
OI 25,667
2028-01-21 110C
active · first seen 2026-05-13
score 1.56
OI 48,904
2026-06-05 80C
active · first seen 2026-06-01
score 11.41
OI 9,474
IV 30d
120.3%
IV 60d
120.7%
IV 90d
118.2%
HV 20d
102.4%
IV Rank
60
IV-HV Spread
17.9%
Term Slope
-2.38
Structure
Backwrd
Skew (Slope)
1.21
RV Forecast
119.1%
IV Term Structure
Historical Volatility Cone
Percentile bands (5/25/50/75/95th) with current HV highlighted
IV & HV Time Series
Vol Surface
Skew Profile
Positioning
Open Interest by Strike
Gamma Exposure (GEX) by Strike