Dow Futures rose 0.20%, S&P 500 Futures rose 0.22%, Nasdaq Futures rose 0.42% as sentiment leaned cautiously optimistic across tech and crypto-linked shares early today.
IREN Ltd rose 6.76%. Options flow signaled heightened downside hedging despite the rebound, featuring a $190,500 synthetic put and a $1.49 million short-call combination on October 10, a $7.89 million in-the-money put purchase and a $6.50 million long-dated call on October 9, and a buildup of long-dated puts and bear put spreads since late September, indicating a neutral-to-bearish institutional tilt even as shares recover; the company operates bitcoin mining data centers and AI-focused high-performance computing services globally, is headquartered in Sydney, Australia, and was founded in 2018.
Crypto stocks rose, with Circle Internet Corp. rising 2.72%, BITMINE IMMERSION TECNOLOGIES INC rising 2.7%.
Among other individual movers, Moderna, Inc. rising 1.37%, Ambarella rising 1.87%, Direxion Daily Semiconductors Bull 3x Shares (SOXL) rising 1.97% overnight.