WULF Options History — February 2025

In February 2025, WULF traded between $3.63 and $5.19. ATM implied volatility averaged 105.0%, placing in the 15.6% IV rank vs the trailing year. The 30-day expected move averaged 31.1%. IV traded below realized volatility by 30.8% (HV 20d: 135.8%). Max pain ranged from $4.50 to $5.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.23.

Notable Days

  • 2025-02-24: Highest Volume — 88,003 contracts
  • 2025-02-26: Largest IV spike — 28.4% change
  • 2025-02-28: Highest IV Rank — 31.1%
  • 2025-02-27: Largest Expected Move — 35.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.59$3.63$5.19$5.01$4.17
Max Pain$4.89$4.50$5.00$5.00$4.50
ATM IV105.0%87.2%121.4%115.2%121.4%
Expected Move31.1%28.3%35.7%32.6%30.4%
HV 20d135.8%62.0%169.1%169.1%79.2%
HV 60d130.8%126.2%139.9%139.9%129.0%
IV Rank15.6%0.0%31.1%23.3%31.1%
IV Percentile16.6%0.0%63.9%37.3%63.9%
Term Structure-1.1%-20.8%28.2%0.6%-13.1%
VWIV109.6%100.2%125.5%113.2%106.9%
Skew 25d-4.4%-54.2%52.3%-18.0%0.6%
Skew 10d-2.3%-39.6%36.2%-35.0%1.5%
Call IV 25d103.9%62.3%118.0%104.8%106.7%
Put IV 25d99.5%59.5%117.5%86.7%107.3%
Bid-Ask Spread %16.034.3158.9352.575.94
Gamma HHI0.110.100.130.120.12
Net GEX992.5K395.6K1.5M1.3M894.9K
Net DEX-70.4M-113.0M-22.1M-97.2M-54.9M
Net VEX-669.9K-774.4K-519.4K-707.6K-623.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.080.590.140.09
Total Volume51,596.31631,42188,00364,43376,985
Total OI948,618.947868,4001,017,420874,898976,060

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$5.01$5.00115.2%32.6%169.1%23.3%113.2%-18.0%0.6%1.3M-97.2M-707.6K0.1452.57N/AN/A56,4318,002722,571152,327
2025-02-04$5.12$5.00105.5%29.7%162.5%14.2%106.5%-36.8%28.2%1.5M-103.4M-733.7K0.2048.87N/AN/A61,64312,258740,376156,364
2025-02-05$5.06$5.00103.6%28.8%160.4%12.4%100.2%-4.3%4.6%1.4M-102.2M-759.1K0.0858.93N/AN/A36,7123,012757,914166,516
2025-02-06$5.19$5.00112.6%31.5%159.9%20.9%112.6%9.8%-20.8%1.5M-113.0M-774.4K0.0916.67N/AN/A35,7513,163772,029167,850
2025-02-07$5.05$5.00107.3%31.5%156.7%15.9%112.0%1.1%-1.9%1.0M-100.1M-758.0K0.2614.04N/AN/A39,43010,272784,345169,127
2025-02-10$5.17$5.0087.2%30.1%156.6%0.0%106.0%21.5%-3.7%1.4M-103.0M-753.0K0.1111.68N/AN/A54,6646,093756,518162,297
2025-02-11$4.79$5.00100.9%30.2%158.5%12.4%106.0%-10.6%3.0%1.1M-77.5M-699.3K0.244.49N/AN/A25,5856,021770,581166,610
2025-02-12$4.88$5.0099.3%29.5%156.8%11.0%103.5%-7.1%3.1%1.2M-86.0M-718.9K0.204.91N/AN/A39,1778,006792,469170,818
2025-02-13$4.83$5.00101.7%30.0%150.4%13.2%103.7%0.8%2.3%1.1M-79.3M-711.6K0.594.88N/AN/A24,82214,729802,823178,262
2025-02-14$4.88$5.00102.7%30.4%149.5%14.1%105.7%0.8%4.2%1.2M-79.9M-720.4K0.455.99N/AN/A33,62715,281811,041190,389
2025-02-18$4.72$5.0098.4%28.3%145.4%10.1%102.9%-5.4%2.5%953.1K-70.1M-685.9K0.206.41N/AN/A33,9326,668797,591187,835
2025-02-19$4.71$5.0099.5%28.5%144.9%11.2%101.6%-8.7%-1.3%924.7K-70.5M-682.0K0.106.04N/AN/A37,0773,642810,592191,626
2025-02-20$4.50$5.00108.6%31.3%144.3%19.5%110.9%-4.9%-4.2%779.5K-57.9M-652.6K0.274.31N/AN/A34,6109,347817,275191,106
2025-02-21$4.13$5.00107.4%31.0%146.2%18.3%111.7%-6.6%-3.6%573.3K-39.8M-593.1K0.3328.91N/AN/A39,36713,008828,364189,056
2025-02-24$4.00$5.00107.3%31.8%145.7%18.3%111.7%-13.6%-2.2%462.2K-32.8M-557.1K0.1911.31N/AN/A74,23713,766691,253177,147
2025-02-25$3.71$4.5088.4%34.3%69.1%1.1%120.3%-54.2%0.3%395.6K-22.6M-519.4K0.335.31N/AN/A54,26418,063704,383188,067
2025-02-26$3.66$4.50113.6%34.8%62.9%24.0%121.7%52.3%-17.0%432.7K-22.1M-534.0K0.295.17N/AN/A30,3738,891730,847192,641
2025-02-27$3.63$4.50114.9%35.7%62.0%25.2%125.5%-0.4%-1.3%514.2K-25.5M-545.4K0.178.12N/AN/A26,8374,584761,300197,390
2025-02-28$4.17$4.50121.4%30.4%79.2%31.1%106.9%0.6%-13.1%894.9K-54.9M-623.5K0.095.94N/AN/A70,6236,362775,838200,222