IREN Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Strong growth potential exists, fueled by favorable political sentiment post-Trump's election. Increased crypto adoption could significantly boost IREN's market performance as investor confidence rises.




Bearish Case: High implied volatility (up to 175% in call options) indicates significant market anxiety. Rising operational costs and geopolitical uncertainties could impede stock gains, leading to volatility-driven price declines.




Potential Outcomes:
  • Market stabilization and bullish trend (35%)
  • Increased operational risks affecting earnings (25%)
  • Sudden geopolitical events impacting operations (20%)
  • Continued investor confidence driving price growth (20%)




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November 23, 2024


IREN Forecast

IREN        IREN











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HOOD Forecast + Options Trading Strategies   HOOD  Robinhood Markets (0.79)



Uncorrelated Assets

Assets with little price relationship to IREN



LUV Forecast + Options Trading Strategies   LUV  Southwest Airlines (0.0)


QRVO Forecast + Options Trading Strategies   QRVO  Qorvo (0.0)


FMC Forecast + Options Trading Strategies   FMC  FMC (-0.01)


XOP Forecast + Options Trading Strategies   XOP  SPDR Oil & Gas Exploration and Production (-0.01)


VLO Forecast + Options Trading Strategies   VLO  Valero Energy (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against IREN



BMEA Forecast + Options Trading Strategies   BMEA  Biomea Fusion (-0.72)


SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (-0.73)


EWZ Forecast + Options Trading Strategies   EWZ  iShares MSCI Brazil (-0.75)


CSGP Forecast + Options Trading Strategies   CSGP  Costar Group (-0.76)


COUR Forecast + Options Trading Strategies   COUR  Coursera (-0.78)









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