TeraWulf (WULF) Options Chain

NASDAQ: WULFFinanceFinance: Consumer ServicesUSD

13.77+0.12 (+0.88%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Oct 30, 2026
Days to expiration: 19
Share price: $13.77
Put/call ratio (OI): 2.39
Put/call ratio (volume): 0.37
ATM implied volatility: 69.3%
Expected move: ±$2.18
Open interest (C / P): 28.83K / 68.98K

WULF options summary

The WULF options chain for the October 30, 2026 expiration lists 33 call and 26 put contracts, with 19 days until expiration. Open interest stands at 28,830 calls and 68,983 puts, a put/call ratio of 2.39, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $14.00 strike is 69.3%, which implies the market expects a move of about ±$2.18 (15.8%) in TeraWulf stock by expiration.

The most open interest sits at the $18.00 call (7.80K contracts) and the $10.00 put (60.17K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

WULF options chain · October 30, 2026

WULF calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
4	16	498.4%	8.75	7.60	9.70	5.00	—	—	—	—	—	—
5	8	120.3%	5.80	5.50	6.10	8.00	—	—	—	—	—	—
5	2	277.1%	5.75	3.60	5.85	9.00	0.00	0.75	0.05	179.3%	2	6
50	1	160.7%	4.75	2.93	4.25	10.00	0.00	0.27	0.05	105.9%	6	60,170
4	1	81.0%	3.00	2.41	3.40	11.00	0.08	0.12	0.13	74.6%	2	63
17	12	92.2%	4.50	1.65	3.50	11.50	0.15	0.18	0.20	73.6%	2	268
—	—	—	—	—	—	12.00	0.24	0.27	0.27	72.3%	28	468
50	2	76.0%	1.73	1.54	1.86	12.50	0.37	0.41	0.41	72.3%	89	1,578
106	40	61.6%	1.31	1.02	1.41	13.00	0.53	0.58	0.56	71.1%	541	333
110	13	75.0%	1.05	1.07	1.12	13.50	0.76	0.80	0.84	71.5%	130	2,146
WULF $13.77
422	53	68.0%	0.81	0.65	0.89	14.00	1.01	1.06	1.08	70.7%	89	617
620	17	74.9%	0.61	0.64	0.69	14.50	1.13	1.62	1.43	73.3%	84	583
1,199	136	74.3%	0.50	0.49	0.51	15.00	1.65	1.71	1.75	70.1%	30	467
708	14	82.4%	0.38	0.35	0.58	15.50	1.99	2.35	2.13	80.3%	1	1,269
337	15	77.2%	0.27	0.26	0.35	16.00	2.39	2.86	2.79	86.1%	1	155
465	9	74.6%	0.20	0.19	0.22	16.50	2.16	3.50	3.18	60.2%	3	451
2,522	431	76.4%	0.15	0.15	0.17	17.00	2.90	3.75	3.47	66.4%	4	133
446	97	77.2%	0.11	0.10	0.14	17.50	3.15	4.55	4.09	77.2%	1	64
7,798	1,549	78.9%	0.09	0.09	0.10	18.00	4.15	5.00	3.55	114.1%	10	61
207	11	79.3%	0.08	0.06	0.08	18.50	4.15	5.35	5.09	63.3%	2	63
7,278	18	90.2%	0.04	0.04	0.15	19.00	4.65	5.85	5.50	68.0%	1	77
706	4	102.7%	0.05	0.00	0.26	19.50	3.75	7.85	3.00	89.8%	—	3
740	4	99.6%	0.05	0.02	0.16	20.00	5.45	6.50	3.49	130.5%	—	4
99	1	100.8%	0.05	0.00	0.15	20.50	—	—	—	—	—	—
660	1	122.3%	0.08	0.00	0.30	21.00	—	—	—	—	—	—
71	2	161.3%	0.09	0.00	0.75	21.50	—	—	—	—	—	—
603	188	102.3%	0.03	0.02	0.06	22.00	7.15	9.40	6.47	104.7%	1	1
91	58	171.9%	0.05	0.00	0.75	22.50	—	—	—	—	—	—
96	4	124.2%	0.09	0.00	0.16	23.00	8.25	10.15	7.68	236.5%	1	3
3,287	3	112.5%	0.05	0.01	0.05	24.00	—	—	—	—	—	—
18	1	128.9%	0.02	0.00	0.10	25.00	10.05	12.40	10.31	280.9%	—	0
55	50	131.3%	0.04	0.00	0.08	26.00	11.05	13.40	11.16	290.6%	—	0
12	1	211.7%	0.06	0.00	0.75	27.00	12.05	14.40	10.60	299.6%	—	0
39	4	151.6%	0.04	0.01	0.06	30.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the WULF put/call ratio?

For the October 30, 2026 expiration, the WULF put/call ratio based on open interest is 2.39 (68,983 puts vs 28,830 calls), and 0.37 based on today's volume. A ratio above 1 means more puts than calls.

What is WULF's implied volatility?

At-the-money implied volatility for WULF options expiring October 30, 2026 is about 69.3%, an annualized estimate of how much the market expects TeraWulf stock to move.

How many WULF option expiration dates are there?

WULF has 18 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.