WULF Options History — March 2026

In March 2026, WULF traded between $13.46 and $16.88. ATM implied volatility averaged 100.3%, placing in the 30.8% IV rank vs the trailing year. The 30-day expected move averaged 28.9%. IV traded below realized volatility by 1.2% (HV 20d: 101.5%). Max pain ranged from $14.00 to $16.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.56.

Notable Days

  • 2026-03-09: Highest Volume — 202,840 contracts
  • 2026-03-06: Largest IV spike — 17.0% change
  • 2026-03-06: Highest IV Rank — 45.8%
  • 2026-03-13: Largest Expected Move — 31.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.18$13.46$16.88$16.05$14.43
Max Pain$14.55$14.00$16.00$14.00$14.00
ATM IV100.3%95.2%112.9%97.4%103.4%
Expected Move28.9%27.2%31.1%29.2%29.6%
HV 20d101.5%83.7%133.0%129.8%99.4%
HV 60d100.4%96.3%103.3%100.9%102.1%
IV Rank30.8%25.3%45.8%27.9%31.5%
IV Percentile50.5%29.4%88.9%40.1%63.1%
Term Structure-0.2%-12.7%22.6%-1.3%1.9%
VWIV101.8%96.5%112.1%101.2%106.3%
Skew 25d8.6%4.7%15.8%4.9%8.9%
Skew 10d18.3%-1.9%101.1%11.3%6.3%
Call IV 25d96.1%89.9%101.7%96.1%99.3%
Put IV 25d104.7%98.3%114.8%101.1%108.2%
Bid-Ask Spread %31.7515.1070.5730.9121.88
Gamma HHI0.080.060.100.100.07
Net GEX7.2M2.2M11.4M8.9M5.3M
Net DEX-586.6M-845.2M-312.0M-716.6M-467.3M
Net VEX-4.0M-4.6M-3.7M-4.2M-4.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.121.390.460.14
Total Volume118,713.22751,403202,84051,403111,014
Total OI1,799,832.8641,571,1412,061,0901,648,0691,755,677

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$16.05$14.0097.4%29.2%129.8%27.9%101.2%4.9%-1.3%8.9M-716.6M-4.2M0.4630.91N/AN/A35,10616,2971,091,283556,786
2026-03-03$14.93$14.00103.3%30.0%133.0%34.6%101.6%9.8%-5.8%6.4M-543.5M-3.9M0.3541.47N/AN/A68,84824,3261,103,528566,029
2026-03-04$15.48$14.0097.3%29.2%130.3%27.7%98.9%6.3%-3.4%8.1M-632.4M-4.0M0.1228.70N/AN/A61,3787,5551,123,680572,476
2026-03-05$15.32$16.0096.5%28.0%128.0%26.8%96.9%9.0%-0.1%8.3M-622.1M-4.0M0.5969.76N/AN/A36,56121,4141,144,104580,349
2026-03-06$13.93$16.00112.9%29.8%120.4%45.8%104.5%13.1%22.6%2.2M-405.8M-3.7M0.6263.09N/AN/A83,33751,3651,147,046585,754
2026-03-09$14.00$15.00100.8%28.8%100.9%31.7%101.7%15.8%-12.7%5.4M-432.6M-3.7M1.3970.57N/AN/A85,028117,8121,141,128580,209
2026-03-10$14.43$15.00100.7%28.5%83.7%31.7%100.5%12.7%-1.7%6.2M-498.6M-3.9M0.6056.00N/AN/A39,40623,7421,162,654624,718
2026-03-11$15.23$15.0099.0%29.0%86.2%29.7%103.0%9.1%3.8%8.9M-631.4M-4.0M1.1144.61N/AN/A86,52795,8891,179,304634,837
2026-03-12$14.46$15.00101.0%29.9%85.9%32.0%108.2%10.4%4.5%5.9M-484.7M-3.9M0.3723.46N/AN/A85,08231,1601,208,197683,726
2026-03-13$14.57$14.00100.1%31.1%86.0%31.0%100.2%4.7%0.4%8.2M-511.4M-3.9M0.5525.69N/AN/A105,57457,9461,228,622707,503
2026-03-16$16.34$14.0099.8%28.7%95.7%30.6%98.3%7.8%-6.2%10.9M-802.9M-4.2M0.3619.88N/AN/A140,44449,9951,196,471702,302
2026-03-17$16.19$14.0096.2%27.7%95.6%26.4%96.5%5.2%-0.6%10.5M-764.2M-4.2M0.9023.96N/AN/A33,06429,6691,236,490726,229
2026-03-18$15.36$14.00100.0%28.6%94.3%30.8%99.9%7.0%-3.0%7.7M-616.1M-4.0M1.0925.89N/AN/A31,50534,2181,242,526735,626
2026-03-19$15.75$15.0097.0%27.8%94.7%27.4%102.1%8.0%-3.0%9.0M-663.9M-4.1M0.5521.79N/AN/A84,87546,8591,252,975749,842
2026-03-20$14.71$15.00100.6%28.6%97.7%31.5%105.2%9.4%-7.1%5.1M-485.2M-4.0M0.3216.37N/AN/A107,98434,6171,285,698775,392
2026-03-23$16.13$14.0097.9%27.9%102.7%28.5%98.6%5.7%-0.3%7.4M-686.5M-4.3M0.3717.84N/AN/A144,91252,9211,009,830561,311
2026-03-24$16.09$15.0098.8%27.9%89.4%29.4%103.1%9.3%3.6%8.6M-715.2M-4.4M0.3615.10N/AN/A49,19217,6611,110,369594,338
2026-03-25$16.88$15.0095.2%27.2%91.3%25.3%98.1%5.9%4.0%11.4M-845.2M-4.6M0.6422.34N/AN/A87,79156,3661,124,384601,640
2026-03-26$15.27$14.0099.9%28.6%97.6%30.7%101.3%8.5%-0.9%6.4M-583.7M-4.3M0.4318.58N/AN/A63,91427,2751,160,081623,082
2026-03-27$14.86$14.00101.0%29.1%92.8%28.6%102.0%8.8%2.2%4.9M-484.8M-4.1M0.4519.73N/AN/A93,23842,0511,165,816639,892
2026-03-30$13.46$14.00107.9%30.5%98.7%36.9%112.1%9.4%-1.5%2.4M-312.0M-3.7M0.5720.81N/AN/A88,02649,7471,128,828595,591
2026-03-31$14.43$14.00103.4%29.6%99.4%31.5%106.3%8.9%1.9%5.3M-467.3M-4.0M0.1421.88N/AN/A97,19713,8171,152,601603,076