By Clark Kent for The Market MBA · Members Only
MEMBERS ONLY — This is the companion Implied-Move Desk to the free lesson Options Price a ~17% IREN Earnings Move. Here's What That Number Means.. The free lesson stays public. This desk adds tonight's live straddle table, mechanical range, and printable checklist.
Primary quote: Robinhood, 1:12:42 PM CT · Earnings still unreleased at that check · Call 4:00 PM CT
Desk header
- Ticker: IREN
- Event: Q1 FY27 (quarter ended Sep 30, 2026) — after the close
- Conference call: 4:00 PM CT
- Expiry covering the reaction: Fri Nov 6 weekly
- ATM strike: $18 (no roll at refresh)
Live straddle table (primary)
| Item | Value | Notes |
|---|---|---|
| Spot | $18.125 | Bid/ask $18.12 / $18.13 |
| Prior close | $21.71 | Official Nov 4 close |
| Day change | −16.51% | vs prior close |
| Nov 6 $18 call | $1.64 | Mark; bid/ask $1.60 / $1.68 |
| Nov 6 $18 put | $1.51 | Mark; bid/ask $1.50 / $1.52 |
| ATM straddle | $3.15 | call + put |
| Implied move | ±17.4% | 17.38% unrounded |
| Mechanical range | $14.98 – $21.28 | spot ± straddle |
| Refresh stamp | 1:12:42 PM CT | Re-quote before relying on any figure |
Secondary (not blended): MarketChameleon ±17.2% @ 10:27 AM ET · TipRanks/The Fly ~17.6% / $3.17 (relative stamp) · TipRanks morning list ~±16.44%.
Tonight's Print checklist (Members)
- Compare realized move to the tag. Close-to-close vs the ±17.4% tag — not the peak intraday spike alone.
- Separate stock clock from option clock. A stock that “moves enough” can still leave rich premium crushed (IV crush).
- Delivery language first for a neocloud. Childress / Microsoft timing is third-party until IREN confirms; note what management actually says.
- ARR vs GAAP. Watch how management frames contracted ARR against recognized revenue.
- Mining wind-down vs AI Cloud mix. Confirm the story still matches the free lesson’s FY26 setup.
What Members get next on this desk
- Post-print refresh: realized close-to-close % vs the pre-print tag
- One-line “tag hit / miss / overshoot” label
- Saved into the recurring Implied-Move Desk archive
https://TheMarketMBA.com (in BETA)
https://MrFlourishinvests.com (in BETA)
Educational only. Not financial advice. Options involve substantial risk. Figures change quickly — re-quote live.
For education and entertainment only. Not financial advice.



