NOK against IREN: two very different option profiles
Recorded in cvforge on June 3, 2026 by ConvexValue · Published July 25, 2026
A comparison between two names whose option markets look nothing alike, which is what makes the contrast in activity and pricing instructive.
Exact prompt
Give me a visualization to compare the options flow of $NOK and $IREN.
Data cadence
Live U.S. option snapshots, refreshed through the session. Open interest is an end-of-previous-day figure and updates once daily.
Plan requirements
Runs on the free cvforge app and the free data tier (20 requests/hour). No card needed.
Fields used
day_volume, open_interest, implied_volatility, delta, strike_price, expiration_date, contract_type, underlying_price
How to read it
Comparing two dissimilar names is more instructive than comparing two similar ones. Where SPY against QQQ shows small differences, a pair like this differs in liquidity, implied volatility and where activity concentrates.
Read the liquidity first. In a thinner chain, a handful of contracts can dominate the volume picture can be dominated by a handful of contracts, so the same chart carries less weight than it would on a heavily traded name. That is a real difference between the two panels, not a rendering artefact.
Change it
The prompt is the interface. Ask for a different ticker, a different expiration window, or an extra column in the same sentence style and the agent edits the app in place — you do not start over, and you do not wait for anyone to build it.
Limitations
- Snapshot data, not a transaction tape: the build reads the chain as it stands, so it cannot attribute a trade to a buyer or a seller.
- Open interest updates once a day, so an intraday volume/OI comparison is always this session’s volume against yesterday’s open interest.
- Contract coverage is U.S. listed equities, ETFs and indices. Indices use the I: prefix, for example I:SPX.
- Current per-contract valuation is Massive fair market value (FMV), a proprietary estimate. cvforge does not provide option bids, asks, midpoint, quote sizes, NBBO or last trades, and FMV is not an executable quote.
- A call/put split describes contracts traded, not net direction: every contract has a buyer and a seller.
Related demos
- NVDA and MU call positioning overlaid on a delta axis
- SPY against QQQ option activity on one dashboard
- TSLA against META on today’s option volume
Search focus: compare options activity two small caps. Related: nok iren options comparison, contrast option profiles two stocks. Originally posted on X.