Option Strategies: IREN
Hello everyone! Today i want to share some option strategies with you!
$IREN Ltd(IREN)$ announces earnings after the closing bell today. This market sell-off is such a big overblown reaction to data-centers.
IREN will probably drop for earnings, but even we'd be surprised if it went all the way down to 5 (or 3) by mid-December.
Taking a put credit spread trade in contract volume - Dec 18 expiration, $5/$3 spread. Seller beware.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
