WULF Options History — September 2023

In September 2023, WULF traded between $1.25 and $2.00. ATM implied volatility averaged 121.1%, placing in the 9.8% IV rank vs the trailing year. The 30-day expected move averaged 34.8%. IV traded above realized volatility by 24.3% (HV 20d: 96.8%). Max pain ranged from $1.50 to $2.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.26.

Notable Days

  • 2023-09-21: Highest Volume — 5,586 contracts
  • 2023-09-27: Largest IV spike — 72.5% change
  • 2023-09-05: Highest IV Rank — 15.0%
  • 2023-09-22: Largest Expected Move — 40.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.60$1.25$2.00$2.00$1.25
Max Pain$2.08$1.50$2.50$2.50$1.50
ATM IV121.1%74.8%143.8%136.8%94.2%
Expected Move34.8%21.4%40.0%39.2%27.0%
HV 20d96.8%50.5%124.4%124.4%51.2%
HV 60d129.6%122.5%134.0%133.5%122.5%
IV Rank9.8%0.0%15.0%13.3%4.7%
IV Percentile11.9%0.0%24.6%18.3%1.2%
Term Structure-2.6%-64.9%68.3%-64.9%24.7%
VWIV131.6%108.0%148.1%132.5%117.8%
Skew 25d-12.9%-99.9%43.3%-39.7%-9.7%
Skew 10d31.7%-6.5%108.4%-1.3%41.5%
Call IV 25d127.4%91.4%179.3%137.4%112.1%
Put IV 25d114.5%71.4%170.3%97.7%102.4%
Bid-Ask Spread %44.5025.5571.6626.7047.34
Gamma HHI0.360.250.450.450.25
Net GEX21.5K15.2K35.4K35.4K15.3K
Net DEX-1.2M-2.0M-758.7K-2.0M-976.5K
Net VEX-11.4K-14.7K-9.3K-14.7K-9.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.260.011.260.141.26
Total Volume1,321.62595,586752997
Total OI54,319.5541,44464,50258,53551,106

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$2.00$2.50136.8%39.2%124.4%13.3%132.5%-39.7%-64.9%35.4K-2.0M-14.7K0.1426.70N/AN/A6619146,77311,762
2023-09-05$1.90$2.50143.8%33.0%122.3%15.0%132.1%-9.4%50.9%33.1K-1.7M-14.2K0.1766.10N/AN/A5038846,83311,823
2023-09-06$1.85$2.50110.4%31.9%109.8%6.7%148.1%-99.9%26.5%27.0K-1.4M-12.6K0.5071.66N/AN/A28614447,11111,893
2023-09-07$1.85$2.50116.5%39.6%109.6%8.2%136.2%-4.9%-14.3%27.1K-1.3M-12.5K0.3454.05N/AN/A59620247,37211,996
2023-09-08$1.79$2.50112.8%38.5%108.9%7.3%137.4%4.4%-11.0%24.6K-1.2M-11.8K0.4061.67N/AN/A40316047,76111,981
2023-09-11$1.71$2.50135.2%39.5%108.1%12.9%130.4%20.3%-51.3%17.9K-758.7K-10.7K0.0158.53N/AN/A3,8755448,02712,025
2023-09-12$1.77$2.50129.0%33.1%109.8%11.3%135.0%20.7%22.2%21.7K-1.2M-12.5K0.5748.87N/AN/A43725151,31512,035
2023-09-13$1.73$2.50116.6%33.4%108.0%8.3%108.0%43.3%68.3%20.6K-799.9K-12.1K0.0168.79N/AN/A1,2191551,62812,157
2023-09-14$1.73$2.50120.5%34.6%103.9%9.3%129.3%29.2%8.7%22.3K-854.2K-11.9K0.2049.06N/AN/A1,92838552,64711,589
2023-09-15$1.67$2.00100.7%28.9%103.4%4.3%127.3%-50.2%-45.5%19.9K-1.4M-11.5K0.1548.61N/AN/A5358054,42710,075
2023-09-18$1.60$2.00121.1%34.7%103.8%9.4%131.3%-26.7%4.1%19.4K-1.5M-10.9K0.1133.38N/AN/A1,78319434,9976,447
2023-09-19$1.60$2.00122.5%35.1%103.3%9.7%134.2%4.5%-10.5%21.1K-1.4M-11.0K0.1335.02N/AN/A88811936,4956,484
2023-09-20$1.52$2.00123.3%35.4%102.3%9.9%123.3%-13.7%-15.6%18.6K-1.3M-9.9K0.0125.55N/AN/A1,7642636,8126,439
2023-09-21$1.44$2.00136.6%39.2%93.5%13.2%134.3%-31.9%2.8%17.5K-1.2M-10.3K0.0830.81N/AN/A5,18839838,4246,465
2023-09-22$1.40$1.50139.5%40.0%88.4%14.0%141.7%-40.3%-62.8%19.9K-1.4M-11.3K0.1838.02N/AN/A3626443,4236,516
2023-09-25$1.38$1.50131.0%37.6%87.9%11.9%146.7%-63.1%-9.3%19.9K-1.4M-10.3K0.1135.84N/AN/A2332643,7906,356
2023-09-26$1.25$1.5074.8%21.4%92.4%0.0%121.7%-36.4%37.2%15.2K-883.3K-9.3K0.1029.51N/AN/A1,32512843,9416,360
2023-09-27$1.27$1.50129.1%37.0%50.5%13.2%135.2%21.9%-8.7%15.2K-890.6K-9.4K0.4128.81N/AN/A32513343,9706,446
2023-09-28$1.31$1.50128.6%36.9%54.7%13.1%129.6%23.7%-3.1%18.0K-1.3M-10.7K0.2531.75N/AN/A45411244,1346,556
2023-09-29$1.25$1.5094.2%27.0%51.2%4.7%117.8%-9.7%24.7%15.3K-976.5K-9.8K1.2647.34N/AN/A44155644,5446,562