Option traders moderately bearish in TeraWulf (WULF), with shares down 55c near $14.80. Options volume roughly in line with average with 140k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.61. Implied volatility (IV30) is higher by 1.1 points near 100.96,and above the 52wk median, suggesting an expected daily move of $0.94. Put-call skew steepened, indicating increased demand for downside protection.
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