WULF Options History — May 2024

In May 2024, WULF traded between $1.96 and $2.42. ATM implied volatility averaged 113.6%, placing in the 18.9% IV rank vs the trailing year. The 30-day expected move averaged 33.4%. IV traded above realized volatility by 29.3% (HV 20d: 84.3%). Max pain ranged from $2.00 to $2.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.19.

Notable Days

  • 2024-05-01: Highest Volume — 22,160 contracts
  • 2024-05-16: Largest IV spike — 23.5% change
  • 2024-05-03: Highest IV Rank — 26.3%
  • 2024-05-02: Largest Expected Move — 39.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.17$1.96$2.42$2.16$2.15
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV113.6%90.3%128.7%128.6%96.2%
Expected Move33.4%27.4%39.9%39.3%27.4%
HV 20d84.3%77.6%92.3%82.2%83.8%
HV 60d110.0%101.2%119.1%119.1%101.2%
IV Rank18.9%7.6%26.3%26.3%10.4%
IV Percentile10.3%0.4%21.8%21.0%2.0%
Term Structure-5.7%-106.0%43.9%3.7%-20.4%
VWIV122.7%96.4%156.0%152.7%97.3%
Skew 25d-7.4%-45.4%148.3%-28.9%-18.8%
Skew 10d12.0%-144.1%195.3%-144.1%-20.7%
Call IV 25d129.4%103.5%147.0%142.0%117.7%
Put IV 25d122.0%89.0%277.9%113.1%98.9%
Bid-Ask Spread %30.5515.3653.4222.0431.85
Gamma HHI0.150.130.170.160.15
Net GEX199.5K140.0K263.8K214.5K185.4K
Net DEX-22.4M-28.6M-16.9M-22.5M-20.7M
Net VEX-139.1K-153.8K-126.1K-138.7K-138.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.190.040.500.050.33
Total Volume10,565.7734,62522,16022,1605,038
Total OI281,499.545244,651303,533285,044274,135

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$2.16$2.00128.6%39.3%82.2%26.3%152.7%-28.9%3.7%214.5K-22.5M-138.7K0.0522.04N/AN/A21,0251,135259,37125,673
2024-05-02$2.16$2.00128.0%39.9%81.8%25.9%156.0%-38.1%0.0%210.2K-22.8M-140.8K0.1024.60N/AN/A8,099781263,73126,527
2024-05-03$2.20$2.00128.7%37.0%82.1%26.3%146.9%80.3%-9.9%227.9K-23.7M-146.1K0.1220.98N/AN/A7,212885267,89326,413
2024-05-06$2.42$2.00124.5%35.4%87.5%24.3%131.1%-8.1%-8.6%263.8K-28.6M-153.8K0.1724.02N/AN/A16,0112,680262,18524,971
2024-05-07$2.33$2.00128.1%36.0%88.8%26.0%135.6%-21.1%-1.6%258.0K-26.7M-148.9K0.0535.46N/AN/A8,293439265,11926,016
2024-05-08$2.33$2.00125.0%34.2%87.9%24.5%122.2%-30.0%-0.7%248.7K-26.4M-149.5K0.0938.48N/AN/A4,236389269,59726,408
2024-05-09$2.35$2.00124.0%37.9%87.6%24.0%124.7%6.0%12.4%257.1K-27.3M-152.0K0.0532.47N/AN/A5,991296270,95726,667
2024-05-10$2.25$2.00119.0%34.8%87.7%21.6%122.4%-24.7%-12.6%228.1K-24.2M-140.4K0.3215.90N/AN/A4,2901,364271,76026,791
2024-05-13$2.25$2.00112.5%36.3%85.3%18.4%124.4%-31.0%21.8%161.1K-25.2M-141.3K0.3515.36N/AN/A9,9483,531264,58825,753
2024-05-14$2.04$2.00111.5%34.6%92.3%17.9%130.8%-45.4%7.3%192.1K-20.0M-130.8K0.2924.99N/AN/A10,6793,120271,23127,079
2024-05-15$2.12$2.0090.3%34.0%91.5%7.6%121.7%-29.7%43.9%210.0K-22.3M-133.9K0.0625.52N/AN/A8,069470275,03327,601
2024-05-16$2.04$2.00111.6%32.7%88.7%17.9%127.7%148.3%4.7%197.9K-20.4M-129.5K0.1919.88N/AN/A7,8231,472275,81327,720
2024-05-17$1.96$2.00108.5%30.9%87.0%16.5%113.5%-10.8%-2.0%140.0K-16.9M-126.1K0.5018.87N/AN/A6,2243,118275,90727,295
2024-05-20$2.15$2.00113.1%31.3%80.1%18.7%106.7%-20.8%5.4%159.9K-20.4M-135.3K0.0444.84N/AN/A19,058682220,68823,963
2024-05-21$2.04$2.00105.8%30.7%77.6%15.1%111.9%-1.4%-21.7%161.1K-19.4M-131.7K0.1433.03N/AN/A6,793968227,64724,586
2024-05-22$2.13$2.00108.2%31.0%77.8%16.3%114.3%-26.2%-106.0%179.5K-21.7M-136.4K0.1839.28N/AN/A12,1332,221230,81425,408
2024-05-23$2.00$2.00103.3%28.8%80.0%13.9%113.6%-12.0%25.0%178.9K-19.0M-131.0K0.1140.43N/AN/A11,3781,236235,39325,846
2024-05-24$2.06$2.00109.2%32.0%81.2%16.8%123.6%-21.9%-2.6%161.6K-20.1M-133.0K0.1932.65N/AN/A6,1521,156240,78426,877
2024-05-28$2.06$2.00111.0%31.0%80.0%17.7%116.5%-21.1%-10.4%161.3K-19.1M-133.5K0.3938.03N/AN/A8,9273,455234,80525,528
2024-05-29$2.21$2.00102.7%29.9%81.5%13.6%109.8%-7.4%-29.0%189.1K-22.2M-142.6K0.3553.42N/AN/A5,4261,920240,00027,641
2024-05-30$2.26$2.00108.8%29.2%81.7%16.6%96.4%0.0%-17.8%202.2K-23.3M-145.5K0.0439.99N/AN/A8,018306241,99428,782
2024-05-31$2.15$2.0096.2%27.4%83.8%10.4%97.3%-18.8%-20.4%185.4K-20.7M-138.9K0.3331.85N/AN/A3,7941,244245,66928,466