- Entry
- $33.80
- Now
- $42.36 +25.3%
- Target
- —
- Score
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Bears are really dredging the bottom of the stock at yearly support levels. It's seen rising SI since it's last pop and put buyers have been accumulating. Scanning the options chain it looks like breaking $50 & $60 would be triggers for squeezes. Breaking $45 is where the gamma would start to be freed from the delta hedging on the puts. Fundamentally the business has improved since it's last time trading in this range with a 3.4B contract with NVDA …
— ORIGINAL POST ·
$IREN - heavily shorted this past month
· r/Shortsqueeze
· Jul 16, 2026