WULF Options History — May 2023

In May 2023, WULF traded between $1.50 and $1.85. ATM implied volatility averaged 138.0%, placing in the 15.1% IV rank vs the trailing year. The 30-day expected move averaged 40.1%. IV traded above realized volatility by 46.4% (HV 20d: 91.7%). Max pain ranged from $1.00 to $2.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.46.

Notable Days

  • 2023-05-02: Highest Volume — 1,786 contracts
  • 2023-05-08: Largest IV spike — 134.9% change
  • 2023-05-08: Highest IV Rank — 29.1%
  • 2023-05-16: Largest Expected Move — 47.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.64$1.50$1.85$1.69$1.50
Max Pain$2.02$1.00$2.50$2.50$2.00
ATM IV138.0%83.3%195.7%133.8%121.1%
Expected Move40.1%29.4%47.4%38.4%34.7%
HV 20d91.7%65.4%119.3%119.2%69.3%
HV 60d106.7%104.2%108.4%108.4%105.6%
IV Rank15.1%1.7%29.1%14.0%10.9%
IV Percentile16.0%0.4%37.1%12.8%10.9%
Term Structure13.6%-118.7%131.2%25.9%45.3%
VWIV139.6%91.3%180.3%177.5%111.8%
Skew 25d-2.4%-57.6%213.0%-42.4%-3.2%
Skew 10d5.2%-65.5%313.1%-65.5%-27.6%
Call IV 25d142.8%100.9%184.7%184.7%163.1%
Put IV 25d140.4%93.3%342.5%142.3%160.0%
Bid-Ask Spread %35.808.5061.988.5061.51
Gamma HHI0.740.580.840.840.73
Net GEX5.8K3.2K8.3K4.9K5.4K
Net DEX-637.7K-866.3K-165.3K-683.9K-517.4K
Net VEX-4.9K-5.6K-3.3K-4.3K-4.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.460.012.030.031.02
Total Volume738.6361811,786655224
Total OI18,525.68215,58821,08615,58819,745

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$1.69$2.50133.8%38.4%119.2%14.0%177.5%-42.4%25.9%4.9K-683.9K-4.3K0.038.50N/AN/A6381713,5432,045
2023-05-02$1.79$2.50149.9%43.0%119.3%18.0%139.7%-28.0%131.2%5.1K-782.6K-4.5K0.0216.33N/AN/A1,7563013,7652,062
2023-05-03$1.75$2.50125.0%35.8%118.1%11.9%180.3%-36.2%51.6%5.2K-712.9K-4.3K0.0113.11N/AN/A179213,5382,082
2023-05-04$1.77$1.00107.8%39.5%116.8%7.7%138.6%12.8%19.2%6.2K-814.6K-4.9K0.6131.62N/AN/A56134514,9712,083
2023-05-05$1.85$2.0083.3%42.8%116.6%1.7%135.8%24.0%13.3%6.3K-866.3K-5.4K0.0333.72N/AN/A6701815,2772,429
2023-05-08$1.67$2.00195.7%42.7%111.1%29.1%147.8%-57.6%-118.7%5.7K-747.4K-4.8K0.5728.10N/AN/A62535515,7332,415
2023-05-09$1.67$2.00164.6%44.1%93.7%21.5%161.6%-48.5%-7.2%5.8K-714.7K-5.1K0.2429.38N/AN/A2967215,9212,684
2023-05-10$1.75$2.00136.2%39.0%92.0%14.6%136.9%-46.4%-2.1%6.4K-777.4K-5.4K0.6822.26N/AN/A91862015,9062,756
2023-05-11$1.62$2.00146.7%42.0%90.5%17.2%133.7%-1.5%-4.9%5.9K-689.2K-5.0K0.0528.74N/AN/A1,0915416,2282,413
2023-05-12$1.60$2.00145.7%41.8%89.2%16.9%136.6%-11.4%-40.8%6.6K-708.5K-5.2K2.0361.98N/AN/A5781,17617,2572,442
2023-05-15$1.58$2.00160.0%45.9%89.4%20.4%160.3%-22.7%28.5%5.7K-795.6K-5.6K0.2357.28N/AN/A56213217,4893,597
2023-05-16$1.56$2.00165.3%47.4%86.4%21.7%162.7%-22.0%-0.3%5.8K-639.1K-5.4K0.2049.71N/AN/A3015917,2883,729
2023-05-17$1.65$2.00160.3%45.9%87.2%20.5%159.8%-2.0%3.6%6.0K-660.6K-5.4K1.5654.04N/AN/A16826217,0943,729
2023-05-18$1.62$2.00163.3%46.8%85.9%21.2%163.0%213.0%0.0%6.3K-606.1K-5.4K0.0158.52N/AN/A277317,1493,718
2023-05-19$1.56$2.00113.2%32.4%86.9%9.0%97.8%14.6%50.3%5.9K-603.7K-5.3K0.8946.15N/AN/A82273517,1043,701
2023-05-22$1.60$2.00120.7%34.6%87.0%10.8%121.9%-1.8%4.3%6.8K-582.2K-5.3K0.2818.64N/AN/A76721713,0443,295
2023-05-23$1.60$2.00102.5%29.4%85.2%6.4%114.2%-21.1%14.3%8.3K-616.5K-5.5K0.5719.69N/AN/A20711713,8533,508
2023-05-24$1.54$2.00163.6%46.9%71.8%21.3%162.7%7.8%-20.3%3.4K-199.6K-3.5K0.7348.03N/AN/A22616613,9993,605
2023-05-25$1.50$2.00103.3%29.6%65.7%6.6%117.2%-31.9%3.6%3.2K-165.3K-3.3K0.0222.07N/AN/A231414,6013,766
2023-05-26$1.50$2.00121.0%34.7%65.4%10.9%120.0%-9.8%18.1%5.5K-515.8K-4.8K0.0517.98N/AN/A3061515,0873,768
2023-05-30$1.60$2.00154.2%44.2%69.8%19.0%91.3%61.1%71.6%6.3K-629.5K-5.3K0.2460.22N/AN/A3608815,3903,756
2023-05-31$1.50$2.00121.1%34.7%69.3%10.9%111.8%-3.2%45.3%5.4K-517.4K-4.9K1.0261.51N/AN/A11111315,7813,964