WULF Options History — January 2026

In January 2026, WULF traded between $12.48 and $15.16. ATM implied volatility averaged 93.5%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 26.5%. IV traded above realized volatility by 11.7% (HV 20d: 81.8%). Max pain ranged from $10.00 to $12.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.56.

Notable Days

  • 2026-01-02: Highest Volume — 281,705 contracts
  • 2026-01-29: Largest IV spike — 6.6% change
  • 2026-01-30: Highest IV Rank — 39.3%
  • 2026-01-30: Largest Expected Move — 29.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.60$12.48$15.16$12.66$13.31
Max Pain$11.10$10.00$12.00$10.00$11.00
ATM IV93.5%87.5%107.3%87.5%107.3%
Expected Move26.5%25.3%29.9%25.4%29.9%
HV 20d81.8%63.0%101.8%98.4%77.1%
HV 60d101.0%93.3%106.9%106.1%94.0%
IV Rank23.4%16.4%39.3%16.4%39.3%
IV Percentile27.0%9.5%73.8%9.5%73.8%
Term Structure1.6%-5.4%33.5%1.3%-5.4%
VWIV93.7%86.7%105.9%94.5%105.9%
Skew 25d2.7%-6.7%13.5%2.0%0.5%
Skew 10d0.0%-55.6%58.0%4.9%-10.0%
Call IV 25d94.3%88.0%107.3%88.0%107.3%
Put IV 25d97.0%88.4%109.5%90.0%107.7%
Bid-Ask Spread %40.5015.2661.3915.2650.30
Gamma HHI0.080.060.100.070.09
Net GEX6.6M4.1M10.0M5.6M7.0M
Net DEX-649.4M-857.5M-444.5M-560.8M-544.2M
Net VEX-3.5M-3.8M-3.2M-3.2M-3.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.211.541.540.43
Total Volume129,421.2533,130281,705281,705153,702
Total OI1,970,328.71,460,4372,336,4042,153,9141,818,973

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$12.66$10.0087.5%25.4%98.4%16.4%94.5%2.0%1.3%5.6M-560.8M-3.2M1.5415.26N/AN/A110,922170,7831,415,907738,007
2026-01-05$13.57$12.0088.6%26.0%100.2%17.7%93.9%2.9%1.6%7.2M-723.4M-3.5M0.7025.97N/AN/A160,043112,5531,414,628757,442
2026-01-06$13.23$12.0089.0%25.8%100.1%18.1%91.3%0.8%1.3%6.5M-667.6M-3.4M0.4538.25N/AN/A117,12252,8351,420,293782,351
2026-01-07$12.48$12.0092.2%25.6%101.0%21.8%87.8%3.6%-1.7%4.2M-538.2M-3.3M0.5732.06N/AN/A71,94540,7201,442,368809,485
2026-01-08$12.77$11.0089.8%25.6%98.9%19.0%86.7%0.7%1.1%5.3M-597.5M-3.4M0.5929.15N/AN/A54,48332,1971,456,533837,571
2026-01-09$12.98$11.0088.7%25.7%98.9%17.8%90.2%0.1%2.3%6.0M-637.5M-3.4M0.4938.48N/AN/A56,88327,6191,469,611857,586
2026-01-12$13.76$11.0093.1%26.2%101.8%22.8%91.3%3.5%-2.4%7.1M-774.2M-3.5M0.2128.80N/AN/A92,11019,8071,448,474839,604
2026-01-13$14.00$11.0090.8%26.1%98.0%20.2%95.1%6.2%-1.7%7.8M-817.7M-3.6M1.3835.62N/AN/A50,60469,8361,466,369841,054
2026-01-14$14.23$11.0091.4%25.9%79.4%20.9%91.0%-6.7%-2.5%8.7M-857.5M-3.6M0.3761.39N/AN/A60,63522,2871,467,727853,412
2026-01-15$13.91$11.0089.7%25.5%79.0%18.9%89.4%2.0%-0.9%7.8M-782.7M-3.5M0.3041.43N/AN/A25,4747,6561,480,859855,545
2026-01-16$13.66$11.0088.1%25.3%65.3%17.1%88.1%-0.9%-0.3%5.7M-729.7M-3.4M0.2537.56N/AN/A81,30719,9631,477,102857,657
2026-01-20$13.47$11.0092.6%26.5%65.6%22.2%93.5%0.6%2.8%4.7M-494.3M-3.3M0.2941.72N/AN/A54,17115,516961,286499,151
2026-01-21$13.11$11.0094.4%27.1%63.0%24.4%97.8%2.1%0.2%4.3M-460.7M-3.3M1.2036.62N/AN/A44,18553,049988,363503,611
2026-01-22$12.93$11.0093.5%26.6%63.2%23.3%94.2%-0.2%0.9%4.1M-444.5M-3.2M0.4038.99N/AN/A51,25020,5181,007,524525,001
2026-01-23$13.83$11.0092.2%26.2%67.4%21.8%93.0%5.0%1.4%6.1M-569.4M-3.5M0.7258.97N/AN/A128,87893,3121,024,773521,686
2026-01-26$13.84$11.0095.6%26.3%67.0%25.7%94.1%2.2%-0.0%6.7M-578.4M-3.5M0.3525.56N/AN/A54,19319,1801,071,896511,378
2026-01-27$15.16$11.00100.8%27.3%70.0%31.7%97.1%5.1%-2.6%9.3M-785.8M-3.8M0.3054.65N/AN/A135,72241,3771,098,120518,860
2026-01-28$14.98$11.0099.5%28.1%69.1%30.3%96.4%13.5%4.0%10.0M-775.1M-3.8M0.5359.10N/AN/A42,97122,5821,147,061522,955
2026-01-29$14.11$11.00106.2%29.0%73.1%38.0%101.9%10.7%33.5%8.3M-648.9M-3.7M0.2160.06N/AN/A165,65034,3851,163,075533,276
2026-01-30$13.31$11.00107.3%29.9%77.1%39.3%105.9%0.5%-5.4%7.0M-544.2M-3.7M0.4350.30N/AN/A107,56846,1341,260,867558,106