Tradr 2X Short IREN Daily ETF
Tradr 2X Short IREN Daily ETF (IREZ) Expected Move
IREZ expected move through Sep 18, 2026 is 14.3%, with 1 days to expiration. The implied range is $8.01 to $10.69, based on the previous trading day's options prices.
Read more
Tracking the IREZ expected move helps you see how far Tradr 2X Short IREN Daily ETF's options market is pricing the stock to travel over a given period — whether that's the next day, week, or earnings cycle. Tradr 2X Short IREN Daily ETF's expected move is derived directly from option premiums and gives you an objective range to plan trades, set strikes, and manage risk. Use our scanner to monitor the IREZ expected move for this week's options, in real time.
The expected move is typically calculated from at-the-money straddle prices (or a blend of straddles and strangles) and represents roughly a one-standard-deviation range over the chosen timeframe. For IREZ, comparing the implied expected move to actual realized moves over similar windows tells you whether the options market has historically overestimated or underestimated volatility. The IREZ expected move for this week's options pricing is especially useful for short-dated traders, earnings players, and anyone selling premium who needs to know where the market thinks Tradr 2X Short IREN Daily ETF is unlikely to go.
IREZ is a short-term tactical tool that aims to deliver -2x the price return, less fees and expenses, for a single day of IREN Limited (NASDAQ: IREN) stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the -2x multiple. Aside from the inverse exposure, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade.
However, the shares provide the advantage of capping the maximum loss to the full amount invested.
Iron condors, weekly premium sales, directional swing trades — they all live or die by where the market thinks the stock won't go. Our scanner tracks the IREZ expected move across every expiration, benchmarks it against realized moves, and shows you when implied ranges are out of line with history. The Tradr 2X Short IREN Daily ETF expected move for this week's options is the fastest read on short-term risk, which gives you a quick way to interpret what the options market thinks about IREZ.
IREZ Price
Drag chart to pan. Drag axes to zoom.
| Expiration | DTE | Expected move (USD) | Expected move (%) | Upper price | Lower price |
|---|---|---|---|---|---|
| Sep 18, 2026 | 1 | $1.34 | 14.3% | $10.69 | $8.01 |
| Oct 16, 2026 | 29 | $3.39 | 36.2% | $12.74 | $5.96 |
| Dec 18, 2026 | 92 | $6.29 | 67.2% | $15.64 | $3.06 |
| Jan 15, 2027 | 120 | $6.79 | 72.6% | $16.14 | $2.56 |
As of September 16, 2026
Know What the Market Expects From IREZ
Track the IREZ expected move across every expiration, filter by IV rank and liquidity, and trade around the range the market is already pricing in.
Start your 14-day free trial→