T
A T badge marks a Trendchange signal in that month. Hover for entry price.
IREN - Trendchange Chart
Trendchange Signal History
The last 10 Trendchange signals for IREN:
Date
Entry Price
Days Held
+10d
+20d
+30d
+60d
17.08.26
$44.90
3d
-9.73%
-9.73%
-9.73%
+0%
14.04.26
$47.37
21d
+2.09%
+16.42%
+6.52%
+6.52%
08.01.26
$45.68
26d
+14.4%
+19.07%
+19.07%
+19.07%
08.05.25
$6.89
62d
+29.03%
+29.9%
+51.96%
+140.64%
12.02.25
$13.01
8d
-21.91%
-21.91%
-21.91%
-21.91%
24.09.24
$8.98
8d
-7.02%
-10.36%
-10.36%
-10.36%
17.05.24
$6.02
51d
+29.4%
+119.6%
+109.63%
+114.29%
16.02.24
$6.81
12d
-12.04%
-12.04%
-12.04%
-12.04%
27.11.23
$3.80
44d
+53.16%
+120.26%
+77.37%
+77.37%
11.04.23
$3.90
16d
+4.87%
+0%
+0%
+0%
Signal Statistics - Historical Edge
Calculated edge for IREN: 56.58%
Range
N
10d
20d
30d
60d
Signal
>20%
4
+33.11%
+68.95%
+61.25%
+84.58%
Hold
10-15%
2
+14.31%
+10.35%
+10.35%
+10.35%
Hold
3-5%
1
+4.87%
+0%
+0%
+0%
Close
1-3%
1
+2.09%
+16.42%
+6.52%
+6.52%
Close
-7-5%
1
-5.97%
+20.62%
-1.9%
-1.9%
Neg
-10-7%
3
-8.4%
-6.7%
-6.7%
-3.45%
Neg
<-10%
2
-16.97%
-16.97%
-16.97%
-16.97%
Neg
Exit Rules:
Stoploss: -10% |
Close if below 5% after 10 days
Signal data as of October 7, 2026
HIGH ALERT
● Neutral
Strength: 14.9
Options Metrics
IV-Rank (52w)
3%
Bottom 20% of the past 52 weeks – options are historically cheap. Conditions favor premium buyers (Long Call, Long Put).
Call / Put Flow
34%
/ 66%
More than 60% of options premium is flowing into puts. This indicates net bearish positioning by market participants.
GEX (Mio.)
-3,902,744.7
Negative GEX: market makers are short gamma. They sell dips and buy rallies, which amplifies moves and increases volatility.
GEX Flip Strike
$20.00 · 48.3%
The GEX flip strike is the price level where dealer gamma exposure shifts from positive to negative. A break through this level often accelerates the move.
Max Pain
$41.50 · 7.3%
Max Pain is the price at which the most options contracts expire worthless. As expiration approaches, price often gravitates toward this level due to dealer hedging flows.
Spot Price
$38.69
Last traded price at signal calculation time
Gamma Exposure Timeline
Key GEX levels, Max Pain, and unusual activity across weekly and monthly expirations, plotted around the current spot price.
Key GEX levels, Max Pain, Anchor, Ceiling and unusual activity across 14-30 DTE, plotted around the current spot price.
Put and call pins mark strikes where dealer gamma exposure concentrates. The GEX flip strike is where dealer hedging shifts from stabilizing (positive gamma) to amplifying (negative gamma) price moves. Max Pain is the strike where the most options expire worthless. Dashed markers flag unusual options activity. Learn how to use these signals in our
options strategy guides →
Strategy Setups – You Decide
Based on current options data, 2 setups match the current conditions.
Each strategy has different risk/reward characteristics – the final decision is always yours.
IV-Rank at 3% – options are historically cheap. Bearish flow (34% calls) supports buying downside premium at below-average cost.
Advantages
✓Profits from significant downside moves with limited maximum risk
✓Cheap entry when IV-Rank is historically low
✓Can be used as portfolio protection against existing long positions
Risks
✕Time decay erodes value daily – timing the entry matters
✕Needs a substantial move below the strike to be profitable
✕Full premium is lost if the stock stays above the strike
▶ FAQ: Long Put
What is a Long Put?
A Long Put gives the buyer the right to sell the underlying at the strike price before expiration. It is a bearish strategy with maximum loss limited to the premium paid. It is often used as a hedge against existing long positions.
When is buying puts most cost-effective?
Buying puts when IV-Rank is low means you are purchasing protection at below-average cost. Many traders fail to hedge when volatility is cheap and scramble to buy expensive puts when fear spikes. Buying puts proactively when IV is historically low is a disciplined risk management approach.
IV-Rank at 3% – buying both sides is cost-effective. A subsequent vol expansion or large move benefits both legs simultaneously.
Advantages
✓Profits from any large directional move without needing to pick a side
✓Buying when IV is historically cheap reduces the breakeven hurdle
✓An unexpected vol expansion benefits both the call and put simultaneously
Risks
✕Requires a significant move to recover the combined premium paid
✕Theta decay accelerates as expiration approaches
✕If the stock stays flat, both legs expire worthless
▶ FAQ: Long Straddle
What is a Long Straddle?
A Long Straddle buys a call and a put at the same strike and expiration. It profits from a large move in either direction. When IV is low, the premium cost is reduced, making the breakeven easier to reach on a directional move.
Why buy a straddle when IV is low?
Low IV means you are buying the options cheaply. If IV subsequently rises - due to an event or a directional move - both legs can gain value simultaneously, giving you a double benefit. The key is entering before the vol expansion.
All setups above are personal trade journal observations derived from options flow data. This is not financial advice. The decision to trade, and which strategy to use, is entirely yours.
IREN Limited operates as a vertically integrated AI cloud services platform in Australia and Canada. It develops, owns, and operate data centers, including the associated land, grid connections, and substations, as well as buildings and cooling. The company also owns and operates compute layers, such as GPUs, CPUs, storage, servers, and networking deployed within that data center infrastructure; and software layers comprising managed services and enterprise support that enables customers to deploy, operate, and manage AI workloads. In addition, it is involved in Bitcoin mining. The company was formerly known as Iris Energy Limited and changed its name to IREN Limited in November 2024. IREN Limited was incorporated in 2018 and is based in Sydney, Australia.
ETF Holdings
IREN Limited is included in 1 ETFs tracked by StockBotty.
IREN Limited (IREN) is a publicly traded company in the Financial Services sector, specifically in Capital Markets, with a market capitalization of $17.01B. IREN Limited operates as a vertically integrated AI cloud services platform in Australia and Canada. It develops, owns, and operate data centers, including the associated land, grid connections, and substations, as well as buildings and cooling. The company also owns and operates...
IREN currently trades at a forward P/E of -162.91x. The stock has a beta of 4.29, meaning it moves roughly more than the broader market on average. Valuation multiples should always be considered alongside earnings growth rate and sector context.
IREN reports a gross margin of 68.92%, an operating margin of -102.47%, a net profit margin of -99.38%. Return on equity stands at -23.41% and return on assets at -2.53%. These figures provide context for evaluating the quality and sustainability of the company's earnings relative to its peers.
Based on a consensus of 16 analysts, the median price target is $80.00, the most optimistic target is $131.00, the most conservative target is $43.00. At the current price of $38.69, the median target implies 106.8% upside. Analyst targets represent 12-month price expectations and should be considered alongside technical signals and momentum data.
IREN is held by 1 ETFs tracked by StockBotty. The largest allocations are in BLOK (1.10%). Significant ETF ownership means institutional flows in and out of these funds can influence IREN's price action, particularly around rebalancing dates.
As of the most recent session, IREN closed at $38.69. The swing trend is negative with ADX at 27.7 (strong trend strength). Momentum is bearish and has been running for 6 days. No Golden Cross is currently active. 30-day historical volatility is at 73.6%.
The most recent Trendchange signal for IREN fired on 17.08.26 at $44.90. The position has been held for 3 trading days. 10-day return from entry: -9.73%. 20-day return: -9.73%. The historical edge of the signal system for IREN is +56.58% across 14 tracked signals. The best-performing entry bucket historically is the >20% range, averaging 33.1% at 10 days and 84.6% at 60 days.
Disclaimer: All trade history on this page reflects the author's personal trading activity only.
This is not financial advice. Past performance is not indicative of future results.
See our full Disclaimer.
