Option traders moderately bearish in TeraWulf (WULF), with shares down 5c near $16.17. Options volume relatively light with 39k contracts traded and calls leading puts for a put/call ratio of 0.27, compared to a typical level near 0.52. Implied volatility (IV30) is higher by 0.8 points near 97.81,and below the 52wk median, suggesting an expected daily move of $1.00. Put-call skew steepened, indicating increased demand for downside protection.
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Read More on WULF:
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