Hello, It would be very helpful to see the lump you are referring to so I could have a better understanding of what it is and what should be done further. As for the bleeding in the eye (from the outside), this is a very common finding. We call this subconjunctival hemorrhage, it is a benign event and needs no treatment most of the time. Because you do not have pain, vision loss or other symptoms, very likely there is nothing to worry but I would suggest that you have a check for the lump in the iris with your doctor to determine its cause and significance. I hope this answers your query and is helpful to you. Let me know if I may assist you further. Regards, Dr. Antoneta Zotaj, General and Family Physician