On December 19, Eastern Time, IREN options saw a total of 354742 contracts traded, with calls accounting for 65% and puts making up 34%.
IREN has 2562735 contracts outstanding, with calls accounting for 57% and puts making up 42%.
The top volume gainer was the 40 dollars Call option expiring on December 26, 2025, with 16198 contracts traded.
On the news front, Based on recent key news:

1. Dec 19, analysts lowered the price target for Iris Energy Ltd from $85.5 to $80, a 6.43% decrease. This adjustment reflects a more cautious outlook on the company's future performance, contributing to recent stock volatility.

2. Dec 20, MarketBeat reported that while IREN has a Moderate Buy rating, top analysts believe there are better investment opportunities elsewhere. This sentiment may have influenced investor behavior, leading to fluctuations in the stock price.

3. Dec 22, despite IREN's strong performance this year, a 50% drop over the past few weeks has raised concerns among investors. This significant decline has likely contributed to the recent surge as investors react to the volatility.Market reset has compressed valuations quickly.
Please note: The chart below does not include options expiring within five days.
<img src="https://assets.lbctrl.com/h5hub/optrank/images/2025-12-22/ST_US_IREN_en.png" alt="image" original-src="https://assets.lbctrl.com/h5hub/optrank/images/2025-12-22/ST_US_IREN_en.png"/>

IREN

On December 19, Eastern Time, IREN options saw a total of 354742 contracts traded, with calls accounting for 65% and puts making up 34%.

Trending | IREN Surges 11% last Friday, Some Call options Soar 800%