Unpacking the Latest Options Trading Trends in Iris Energy
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish trend towards Iris Energy (NASDAQ:IREN) with significant options trading activity. The stock is currently trading at $7.44, up 4.38%, and analysts have set an average target price of $15.5. The options activity suggests a focus on a price range between $2.5 and $12.5.
September 10, 2024 | 6:45 pm
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Iris Energy sees increased bullish options activity, with a focus on a price range of $2.5 to $12.5. The stock is up 4.38% to $7.44, and analysts have set an average target price of $15.5.
The significant options activity, with a majority of calls, indicates bullish sentiment among investors. The stock's recent price increase and positive analyst ratings further support a potential upward movement in the short term.
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