Posts  / IREN  / #POST-247788
REDDIT

IREN - still squeezable after recent pop

T
Sep 10, 2026 · 09:44

https://preview.redd.it/3tf1oimzxnoh1.png?width=682&format=png&auto=webp&s=386b25bdf3cb2220cffd1d4afdd13eb2d2ce8334

https://preview.redd.it/4kqryvj0ynoh1.png?width=642&format=png&auto=webp&s=704f6915a031bf8f516d72dd3d034434860005cd

CTB highest I've seen it, shares available to borrow decreasing. Bears used the pop to short again and defend the $49-$50 level.

I trimmed my $40 leaps into the strength on Tuesday for 200% profit (I added more $40 leaps on the dip down to $35) and holding the shares, if the sell off continues I'll be re-adding leaps 2028 in the $40-$50 strikes

Called this a while back and think this is still showing opportunity for non-margin holds while trading just above its historic base building zone

[https://www.reddit.com/r/Shortsqueeze/comments/1vumy8r/iren\_is\_the\_play\_for\_a\_squeeze/](https://www.reddit.com/r/Shortsqueeze/comments/1vumy8r/iren_is_the_play_for_a_squeeze/)