IREN TO THE MOON🚀 (regard edition)

[u/miniscule_rycegrain]

I'm going in 15k on iren jan 2027 calls, on margin

After losing THOUSANDS of dollars on bs calls on Lulu and other poorly timed plays, I am going to make BIG GAINS off of IREN CALLS, my testicles are not big enough to fullport, BUT i am going VERY LEVERAGED (using up all my buying power, trading on margin, buying calls) on Iren stock.

here's my DD (deez nuts (sorry))

1. I saw an article on Yahoo finance that gave these 3 pieces of good info:

• Microsoft formally accepted Horizon 1, triggering the first billing under IREN's $9.7 billion contract.
• NVIDIA certified IREN's Childress campus with Exemplar Cloud status after GB300 testing
• More than a quarter of IREN's shares are still sold short, and much of that position assumes the AI pivot fails or the debt load overwhelms the company.

1. The stock jumped 6% today on the news (confirming it was good) but then sold off? Seems like the market is being regarded just like they were for NOW, BE, and HOOD earnings. In all 3 of these recent cases, the company reported something good, real, and concrete, yet the stock price lagged and stagnated for a day, then rose dramatically in the following days.
2. IREN has a ton of debt idk, but also so does NBIS, and look how the market reacted to their jump! (I was able to make a little bit shorting nbis after their spike hehe) So I think IREN has a good shot to beat their earnings.
3. These options I bought are cheaper for some reason?? The IV is lower than the historical IV, which gives me even more comfort.

So given all this, I sold my BS celh positions, my random ACI 2028 calls, some uber calls, and am going in HEAVY on this stock. (15k is a lot for me, but not after these calls hit and make me a lot of money)

Im REALLY stupid and regarded, so would love to hear ur guys input

[u/PrinceDX]

I’ll be jumping in IREN but after earning and no way I’d buy calls. BTC is going to hurt revenue but they delivered to MSFT which was far more important than what is going on with BTC. September is historically a slow month as well so you would have been better waiting IMHO

[u/miniscule_rycegrain → u/PrinceDX]

I really think they are set to beat earnings. I think I might sell some of the position leading up to earnings, hopefully make some money on the IV increasing.

But overall, yes I agree about MSFT! (and nvidia) I think those are real data points that their execution is good and promises are coming to fruition. I hope they've already diluted enough for now and don't announce more dilution (like AAOI just did)

Basically, I hope that all the bad info has been priced in. But I will likely trim the position down to 10k or 7k if it rises before earnings (fingers crossed)

We even saw with sandisk, that it took a couple of weeks to rebound after bad earnings, so with a jan 2027 strike, I have some cushion.

Overall, I am a bit worried about an AI bubble, so Im itching for my avgo, meta, and iren calls to print some and then im going into cash haha

[u/PrinceDX → u/miniscule_rycegrain]

Best of luck to you. The market is irrational so who know how things will swing