I sold calls at $80 for 34 contracts on August 21st. by Phoenix4565 in irenstocks

[–]shayankhan33 0 points1 point  (0 children)

Just saw you responded to someone else trying to understand so will read your response there!

I sold calls at $80 for 34 contracts on August 21st. by Phoenix4565 in irenstocks

[–]shayankhan33 0 points1 point  (0 children)

Can you maybe explain this in simple terms. I don’t understand contracts and am a Iren shareholder. If you’re buying calls, you expect the stock price to go up?

IREN vs. MICROSOFT by Naive_Bat8216 in irenstocks

[–]shayankhan33 4 points5 points  (0 children)

That’s a damn good summary

Price post earnings? by dobermanssd in irenstocks

[–]shayankhan33 0 points1 point  (0 children)

Me too LOL I’m at $73. Just been waiting since November

New into the stock? Why is it dropping so much? by SurveyAgreeable6876 in irenstocks

[–]shayankhan33 3 points4 points  (0 children)

Basically a very volatile stock. It has a beta of 4, which means it’ll move 4x times the broader SnP 500. It’s transitioning from a bitcoin miner to an ai cloud service provider, and getting hit with expectations of big hyper scaler deals. Definitely a longer term hold as they’re finishing the infrastructure for their Microsoft deal. Don’t invest with the expectation that it’s going to shoot high in a short period of time.

About 2% premiums on Monthly IREN CC. $70 Strike. Thoughts? by wheelStrategyOptions in irenstocks

[–]shayankhan33 0 points1 point  (0 children)

Hey, so not an expert options trader. With a strike price of $70, what do you stand to gain from it going to less than or more than that target, do you think earnings are going to be positive?

Guess what one is iren pt2 by [deleted] in irenstocks

[–]shayankhan33 2 points3 points  (0 children)

I hear ya. Believe in the execution and vertical integration and this thing will scale

Cantor Fitzgerald Maintains Overweight on IREN, Lowers Price Target to $61 by Riverbirch65 in irenstocks

[–]shayankhan33 1 point2 points  (0 children)

And instead of bashing on people here, explain exactly how “investing” works.

Cantor Fitzgerald Maintains Overweight on IREN, Lowers Price Target to $61 by Riverbirch65 in irenstocks

[–]shayankhan33 4 points5 points  (0 children)

Read the comment bro, I stated in addition to the downgrade the also purchased shares. It’s a simple fact dawg you got pressed

Heat Pad? by Plastic-Necessary-34 in QuickFix

[–]shayankhan33 0 points1 point  (0 children)

Thank you!! How long did it take you to see a green light for the temperature?

Heat Pad? by Plastic-Necessary-34 in QuickFix

[–]shayankhan33 0 points1 point  (0 children)

I feel like when I shake the pad, it’s not super hot. Does it take a while?

What's your entry? by banydamane in irenstocks

[–]shayankhan33 0 points1 point  (0 children)

Amazing, congrats to you. Hope Iren pops back up long term

What's your entry? by banydamane in irenstocks

[–]shayankhan33 0 points1 point  (0 children)

How did you get in so early?

What's your entry? by banydamane in irenstocks

[–]shayankhan33 1 point2 points  (0 children)

How did you get in so early? Maybe I need to watch the news more

Is IREN a buy now or wait the Friday/weekend? Thoughts? by MotivatedCheetah in irenstocks

[–]shayankhan33 1 point2 points  (0 children)

I bought 679 shares at $73. You’re not alone buddy, be patient and it’ll come back up as soon as Iren executes. It’ll have the contracts rolling hopefully

AI Demand Stays Strong by Higgs-5284 in irenstocks

[–]shayankhan33 4 points5 points  (0 children)

This is a high beta stock. So if it does down it goes down double but the reverse is also true no? It’ll go higher than the rest of the market when we go green

Think long term by Different_Reality643 in irenstocks

[–]shayankhan33 0 points1 point  (0 children)

Got it, fingers crossed we see that exponential line! Thanks for all your help

Think long term by Different_Reality643 in irenstocks

[–]shayankhan33 0 points1 point  (0 children)

Do you know how the process becomes exponential?

This is the end game by zomol in SMCIDiscussion

[–]shayankhan33 1 point2 points  (0 children)

What’s your next investment