Option traders moderately bearish in TeraWulf with shares down 5.33%

Option traders moderately bearish in TeraWulf (WULF), with shares down 78c near $13.77. Options volume running well above average with 70k contracts traded and calls leading puts for a put/call ratio of 0.51, compared to a typical level near 0.51. Implied volatility (IV30) is higher by 3.0 points near 105.31,and above the 52wk median, suggesting an expected daily move of $0.91. Put-call skew steepened, indicating increased demand for downside protection.