WULF Options History — January 2024

In January 2024, WULF traded between $1.33 and $2.26. ATM implied volatility averaged 175.0%, placing in the 24.4% IV rank vs the trailing year. The 30-day expected move averaged 50.0%. IV traded above realized volatility by 6.4% (HV 20d: 168.6%). Max pain ranged from $2.00 to $2.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.22.

Notable Days

  • 2024-01-02: Highest Volume — 32,721 contracts
  • 2024-01-31: Largest IV drop — 15.7% change
  • 2024-01-02: Highest IV Rank — 34.3%
  • 2024-01-02: Largest Expected Move — 65.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.76$1.33$2.26$2.26$1.69
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV175.0%130.6%215.9%215.9%130.6%
Expected Move50.0%35.1%65.9%65.9%35.1%
HV 20d168.6%116.8%198.5%193.6%121.6%
HV 60d140.8%135.8%146.1%137.1%146.1%
IV Rank24.4%13.6%34.3%34.3%13.6%
IV Percentile61.2%19.8%75.4%75.0%19.8%
Term Structure-0.3%-31.3%20.7%-11.3%10.7%
VWIV186.8%146.2%253.0%232.0%152.1%
Skew 25d-38.3%-74.2%24.0%-34.3%24.0%
Skew 10d-32.1%-247.3%205.3%-90.5%-18.7%
Call IV 25d198.7%102.8%251.1%245.0%102.8%
Put IV 25d160.3%117.2%210.7%210.7%126.8%
Bid-Ask Spread %29.9515.9146.3637.1243.93
Gamma HHI0.150.120.190.150.16
Net GEX85.8K35.3K150.7K124.7K69.8K
Net DEX-10.0M-16.0M-4.5M-16.0M-8.6M
Net VEX-47.8K-56.9K-36.1K-53.4K-50.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.220.020.580.130.25
Total Volume13,079.4764,07932,72132,7217,939
Total OI187,474.524163,335207,431163,335191,055

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$2.26$2.00215.9%65.9%193.6%34.3%232.0%-34.3%-11.3%124.7K-16.0M-53.4K0.1337.12N/AN/A29,0013,720147,20216,133
2024-01-03$2.15$2.00201.5%59.5%190.0%30.8%253.0%-46.4%13.7%116.2K-14.4M-54.3K0.0724.93N/AN/A16,7731,212153,68519,004
2024-01-04$2.17$2.00192.8%54.7%189.9%28.7%211.1%-40.1%-0.5%129.1K-15.1M-54.1K0.1123.85N/AN/A12,5871,362163,77319,445
2024-01-05$1.90$2.00190.2%53.8%197.1%28.1%205.0%-33.4%-11.2%109.5K-11.1M-50.2K0.3325.66N/AN/A10,5453,513169,85320,397
2024-01-08$2.05$2.00202.5%56.6%198.5%31.1%209.4%-55.3%-3.0%126.4K-14.4M-52.7K0.1225.96N/AN/A18,9022,245161,41517,439
2024-01-09$2.04$2.00201.1%57.8%193.3%30.7%222.1%-56.4%13.0%130.7K-15.2M-54.3K0.2024.56N/AN/A6,2411,237168,57518,830
2024-01-10$2.12$2.00201.5%54.0%160.8%30.8%194.3%-74.2%-31.3%150.7K-15.1M-56.9K0.3029.51N/AN/A16,7104,931170,94919,050
2024-01-11$1.90$2.00189.5%53.7%167.1%27.9%194.0%-66.9%-2.6%115.8K-12.2M-50.4K0.2424.93N/AN/A20,2734,895174,25622,056
2024-01-12$1.71$2.00169.7%47.7%168.5%23.1%191.3%-43.4%-7.6%60.1K-8.1M-45.3K0.2215.91N/AN/A14,5923,221181,45825,973
2024-01-16$1.52$2.00166.9%47.7%169.6%22.4%181.2%-72.7%-9.4%64.0K-6.7M-41.7K0.2916.01N/AN/A8,9662,556173,71725,111
2024-01-17$1.42$2.00158.0%45.3%170.9%20.2%172.1%-65.0%12.3%51.5K-5.5M-39.5K0.2021.53N/AN/A5,1941,040178,37926,511
2024-01-18$1.33$2.00163.7%46.2%171.1%21.6%161.2%-23.7%16.8%35.3K-4.5M-36.1K0.5846.36N/AN/A3,1591,840179,39026,252
2024-01-19$1.38$2.00177.0%51.8%167.8%24.9%186.0%-29.9%-3.1%39.9K-5.3M-37.7K0.1741.89N/AN/A9,0181,553180,86724,959
2024-01-22$1.46$2.00164.5%51.5%169.7%21.8%184.3%-19.3%-10.3%46.0K-6.0M-42.5K0.0235.35N/AN/A16,414335143,69423,691
2024-01-23$1.44$2.00156.6%48.0%168.4%19.9%178.9%-17.7%20.7%53.1K-6.6M-41.6K0.1040.08N/AN/A5,076499153,55424,003
2024-01-24$1.44$2.00165.0%49.1%167.3%22.0%186.0%-57.7%-2.2%59.0K-6.5M-44.0K0.4125.95N/AN/A3,3661,381156,49424,280
2024-01-25$1.50$2.00158.7%44.3%168.0%20.4%151.2%-44.5%10.4%60.3K-6.9M-43.3K0.0931.96N/AN/A3,739340157,59924,983
2024-01-26$1.69$2.00156.9%42.5%143.9%20.0%161.0%-12.3%-6.7%71.1K-9.7M-48.6K0.1941.66N/AN/A8,8441,679159,42525,256
2024-01-29$1.87$2.00157.8%43.1%147.5%20.2%146.2%-4.1%-6.1%91.0K-11.0M-52.9K0.2726.29N/AN/A9,6682,651154,89825,219
2024-01-30$1.88$2.00154.9%42.2%116.8%19.5%150.2%-31.6%1.5%97.3K-11.3M-54.7K0.4225.57N/AN/A5,2512,201160,71827,417
2024-01-31$1.69$2.00130.6%35.1%121.6%13.6%152.1%24.0%10.7%69.8K-8.6M-50.0K0.2543.93N/AN/A6,3401,599161,82029,235