IREN Options Are Pricing a $5.80 Move Into Friday — Our Positioning Read Sees a Different Picture

Hey folks, welcome back. Today we're talking about IREN Limited — ticker IREN — and it's August 9, 2026. Stock closed out the week at $41.44, and here's the headline: the options market is leaning neutral with a slight bearish tilt. Traders are pricing a wide swing into next Friday's expiration — somewhere between $35.65 on the low end and $47.23 on the high end. That's the whole cone for the…

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