Mixed options sentiment in TeraWulf (WULF), with shares up 38c, or 3.36%, near $11.53. Options volume relatively light with 43k contracts traded and calls leading puts for a put/call ratio of 0.22, compared to a typical level near 0.4. Implied volatility (IV30) dropped 8.17 near 81.57,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.59. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Outperform at Keefe Bruyette.
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