WULF Options History — January 2025

In January 2025, WULF traded between $4.36 and $6.50. ATM implied volatility averaged 107.4%, placing in the 15.7% IV rank vs the trailing year. The 30-day expected move averaged 30.8%. IV traded below realized volatility by 31.1% (HV 20d: 138.5%). Max pain ranged from $4.00 to $5.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.18.

Notable Days

  • 2025-01-27: Highest Volume — 154,602 contracts
  • 2025-01-27: Largest IV spike — 17.9% change
  • 2025-01-28: Highest IV Rank — 30.1%
  • 2025-01-27: Largest Expected Move — 36.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.63$4.36$6.50$5.40$4.81
Max Pain$4.92$4.00$5.50$4.00$5.00
ATM IV107.4%99.0%122.5%104.7%116.3%
Expected Move30.8%28.4%36.8%30.7%31.8%
HV 20d138.5%110.3%174.2%129.8%169.7%
HV 60d124.5%116.7%139.8%116.7%139.8%
IV Rank15.7%8.1%30.1%11.5%24.4%
IV Percentile15.9%1.6%58.3%4.8%41.3%
Term Structure0.3%-7.7%10.2%4.5%-3.6%
VWIV109.0%98.1%128.6%110.9%111.9%
Skew 25d0.3%-28.0%46.1%-5.3%-0.9%
Skew 10d-10.1%-58.9%50.8%-46.3%11.2%
Call IV 25d107.3%72.4%126.1%108.5%116.2%
Put IV 25d107.6%77.2%135.3%103.2%115.4%
Bid-Ask Spread %36.503.8663.5327.5250.21
Gamma HHI0.120.100.140.120.12
Net GEX1.6M663.0K2.6M1.3M1.2M
Net DEX-122.6M-193.3M-42.3M-102.2M-78.5M
Net VEX-664.9K-776.4K-509.7K-542.4K-674.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.180.060.560.170.56
Total Volume75,383.3534,629154,60248,70484,106
Total OI896,751.5734,9571,063,140883,258921,868

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$5.40$4.00104.7%30.7%129.8%11.5%110.9%-5.3%4.5%1.3M-102.2M-542.4K0.1727.52N/AN/A41,7076,997743,864139,394
2025-01-03$6.12$4.00106.8%30.5%133.4%14.6%111.3%-4.9%0.8%1.8M-152.6M-625.4K0.1629.00N/AN/A93,50714,508753,757143,125
2025-01-06$6.50$5.00104.5%30.7%135.8%12.6%108.0%-4.8%10.2%2.2M-178.8M-697.2K0.1315.68N/AN/A84,71210,735744,610148,578
2025-01-07$6.11$5.00108.6%30.7%135.2%16.3%108.4%-5.3%0.7%1.7M-150.5M-681.6K0.3343.17N/AN/A28,4659,314757,651155,927
2025-01-08$5.55$5.00107.2%30.4%132.9%15.0%108.2%-4.7%0.2%1.3M-110.3M-613.2K0.113.86N/AN/A52,7365,801761,247163,012
2025-01-10$5.37$5.00104.8%30.1%131.3%13.0%104.5%1.4%1.7%1.1M-99.4M-597.7K0.125.22N/AN/A83,37910,293796,443165,893
2025-01-13$5.20$5.00103.5%28.8%128.0%11.8%102.7%8.7%-4.6%1.2M-98.2M-616.0K0.3011.84N/AN/A26,6278,002824,316165,138
2025-01-14$5.54$5.00102.2%29.0%129.5%11.1%107.1%-28.0%-1.4%1.4M-121.7M-655.5K0.0712.93N/AN/A45,3663,115831,393170,744
2025-01-15$6.20$5.00102.4%29.5%135.8%11.3%103.0%0.5%0.0%2.3M-177.7M-744.6K0.146.91N/AN/A96,19613,064843,163170,362
2025-01-16$5.84$5.00101.2%29.2%126.8%10.2%101.6%-3.2%-0.6%1.8M-148.3M-704.9K0.3163.53N/AN/A31,5499,774870,495173,661
2025-01-17$6.36$5.00102.3%28.9%131.4%11.2%102.7%-2.4%-2.8%1.9M-193.3M-776.4K0.1046.01N/AN/A95,7609,658885,365177,775
2025-01-21$6.05$5.0099.7%28.6%117.6%8.8%104.6%-2.1%2.4%1.9M-129.4M-732.4K0.1343.75N/AN/A39,8695,173607,335127,622
2025-01-22$6.25$5.0099.0%28.4%117.6%8.1%98.1%-0.1%4.2%2.3M-142.6M-753.5K0.2250.14N/AN/A51,10110,991622,998131,335
2025-01-23$6.25$5.00102.8%29.6%117.6%11.7%105.5%7.2%0.8%2.6M-148.5M-766.6K0.1161.82N/AN/A55,2055,960647,380136,403
2025-01-24$6.33$5.50100.6%28.8%110.3%9.6%101.4%-3.7%0.4%2.3M-151.6M-768.3K0.1152.89N/AN/A77,3148,378657,615138,969
2025-01-27$4.36$5.00118.6%36.8%171.5%26.5%128.6%9.1%6.5%663.0K-42.3M-509.7K0.2752.28N/AN/A121,57433,028643,039132,923
2025-01-28$4.67$5.00122.5%35.3%174.2%30.1%124.9%-9.9%-0.7%936.5K-64.0M-585.2K0.1545.19N/AN/A61,3728,991690,593149,683
2025-01-29$4.75$5.00122.0%33.9%170.0%29.7%119.4%46.1%-5.1%1.1M-73.5M-613.4K0.0755.29N/AN/A41,3182,817716,268151,617
2025-01-30$5.01$5.00118.7%33.6%171.3%26.6%117.3%8.7%-7.7%1.2M-89.1M-640.2K0.0652.82N/AN/A112,3216,884719,705153,764
2025-01-31$4.81$5.00116.3%31.8%169.7%24.4%111.9%-0.9%-3.6%1.2M-78.5M-674.1K0.5650.21N/AN/A53,97330,133764,731157,137