Iris Energy Stock Options

IREN Stock  USD 8.24  0.38  4.83%   
Iris Energy's latest option contracts expiring on May 16th 2025 are carrying combined implied volatility of 1.24 with a put-to-call open interest ratio of 0.66 over 57 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on May 16th 2025. The total put volume is at 377, with calls trading at the volume of 3.8 K. This yields a 0.1 put-to-call volume ratio.

Open Interest Against May 16th 2025 Option Contracts

The chart above shows Iris Energy's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Iris Energy's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Iris Energy's option, there is no secondary market available for investors to trade.

Iris Energy Maximum Pain Price Across 2025-05-16 Option Contracts

Max pain occurs when Iris Energy's market makers reach a net positive position across all Iris Energy's options at a strike price where option holders stand to lose the most money. By contrast, Iris Energy's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Iris Energy

Analyzing Iris Energy's in-the-money options over time can help investors to take a profitable long position in Iris Energy regardless of its overall volatility. This is especially true when Iris Energy's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Iris Energy's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Iris Energy's stock while costing only a fraction of its price.
Please note that buying 'in-the-money' options on Iris Energy lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Iris Energy's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Iris Energy contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Iris Stock moves the wrong way.

Iris Energy In The Money Call Balance

When Iris Energy's strike price is surpassing the current stock price, the option contract against Iris Energy stock is said to be in the money. When it comes to buying Iris Energy's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Iris Energy are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Iris Current Options Market Mood

Iris Energy's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Iris Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Unfortunately, most Iris Energy's options investors are not very successful. Iris Energy's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Iris contract

Base on the Rule 16, the options market is currently suggesting that Iris Energy will have an average daily up or down price movement of about 0.0775% per day over the life of the 2025-05-16 option contract. With Iris Energy trading at USD 8.24, that is roughly USD 0.006386. If you think that the market is fully incorporating Iris Energy's daily price movement you should consider buying Iris Energy options at the current volatility level of 1.24%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Iris Energy options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Iris calls. Remember, the seller must deliver Iris Energy stock to the call owner when a call is exercised.

Iris Energy Option Chain

When Iris Energy's strike price is surpassing the current stock price, the option contract against Iris Energy stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Iris Energy's option chain is a display of a range of information that helps investors for ways to trade options on Iris. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Iris. It also shows strike prices and maturity days for a Iris Energy against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
IREN250516C0000100041.06.35 - 8.359.5In
Call
IREN250516C0000200032.06.2 - 6.3511.2In
Call
IREN250516C00003000123.05.1 - 5.355.8In
Call
IREN250516C000040006614.04.3 - 4.44.55In
Call
IREN250516C000050007835.03.4 - 3.63.61In
Call
IREN250516C000060001226.02.63 - 2.943.1In
Call
IREN250516C0000700011397.02.09 - 2.192.03In
Call
IREN250516C0000800024318.01.62 - 1.781.6In
Call
IREN250516C0000900015839.01.22 - 1.31.14Out
Call
IREN250516C000100001388810.00.93 - 1.030.9Out
Call
IREN250516C00011000271111.00.7 - 0.760.7Out
Call
IREN250516C000120001389612.00.5 - 0.560.52Out
Call
IREN250516C00013000177013.00.4 - 0.460.41Out
Call
IREN250516C00014000383214.00.31 - 0.360.33Out
Call
IREN250516C00015000958015.00.24 - 0.290.26Out
Call
IREN250516C00016000964916.00.18 - 0.230.2Out
Call
IREN250516C00017000134117.00.14 - 0.20.17Out
Call
IREN250516C000180001284218.00.12 - 0.150.17Out
Call
IREN250516C00019000114419.00.0 - 0.340.08Out
Call
IREN250516C000200001325020.00.08 - 0.110.09Out
Call
IREN250516C0002100052621.00.0 - 0.30.09Out
Call
IREN250516C0002200023022.00.0 - 0.260.17Out
Call
IREN250516C0002300027023.00.0 - 0.260.29Out
Call
IREN250516C0002400026624.00.0 - 0.20.2Out
Call
IREN250516C00025000342025.00.01 - 0.090.02Out
Call
IREN250516C0002600011726.00.0 - 0.240.06Out
Call
IREN250516C000270005027.00.0 - 0.240.09Out
Call
IREN250516C000280002228.00.0 - 0.240.15Out
Call
IREN250516C000290007429.00.0 - 0.240.11Out
Call
IREN250516C00030000491430.00.0 - 0.220.05Out
 Put
IREN250516P00003000643.00.0 - 0.050.04Out
 Put
IREN250516P000040006104.00.0 - 0.120.03Out
 Put
IREN250516P000050006505.00.16 - 0.250.15Out
 Put
IREN250516P0000600023556.00.46 - 0.490.49Out
 Put
IREN250516P000070005397.00.81 - 1.020.86Out
 Put
IREN250516P000080006188.01.3 - 1.361.33Out
 Put
IREN250516P0000900027909.01.89 - 1.962.07In
 Put
IREN250516P00010000756610.02.58 - 2.672.81In
 Put
IREN250516P00011000225711.03.3 - 3.453.7In
 Put
IREN250516P00012000263012.04.1 - 4.34.52In
 Put
IREN250516P00013000270613.05.05 - 5.155.3In
 Put
IREN250516P00014000363214.05.85 - 6.054.3In
 Put
IREN250516P00015000644015.06.8 - 7.03.55In
 Put
IREN250516P000160001784616.07.8 - 7.953.8In
 Put
IREN250516P0001700019717.08.75 - 9.67.1In
 Put
IREN250516P000180001516018.09.65 - 10.455.32In
 Put
IREN250516P000190001219.09.65 - 11.056.4In
 Put
IREN250516P00021000021.012.7 - 12.8512.7In
 Put
IREN250516P00022000022.013.7 - 13.813.7In
 Put
IREN250516P00023000023.014.45 - 14.814.45In
 Put
IREN250516P00024000024.014.75 - 16.5514.75In
 Put
IREN250516P00025000025.015.65 - 16.9514.3In
 Put
IREN250516P00026000026.017.0 - 17.817.0In
 Put
IREN250516P00027000027.018.7 - 18.813.1In
 Put
IREN250516P00028000028.019.65 - 19.8519.65In
 Put
IREN250516P00029000029.020.65 - 20.8520.65In
 Put
IREN250516P00030000030.021.65 - 21.8521.65In

Iris Energy Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Iris Energy Market Cap Over Time

   Market Cap   
       Timeline  

Iris Total Stockholder Equity

Total Stockholder Equity

1.33 Billion

At this time, Iris Energy's Total Stockholder Equity is very stable compared to the past year.

Iris Energy Corporate Management

When determining whether Iris Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Iris Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Iris Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Iris Energy Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iris Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Iris Stock, please use our How to Invest in Iris Energy guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Iris Energy. If investors know Iris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Iris Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.30)
Revenue Per Share
1.737
Quarterly Revenue Growth
1.809
Return On Assets
(0.01)
Return On Equity
(0.06)
The market value of Iris Energy is measured differently than its book value, which is the value of Iris that is recorded on the company's balance sheet. Investors also form their own opinion of Iris Energy's value that differs from its market value or its book value, called intrinsic value, which is Iris Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Iris Energy's market value can be influenced by many factors that don't directly affect Iris Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Iris Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Iris Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iris Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.