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: Jan 15, 2027
Days to expiration: 96
Share price: $13.77
Put/call ratio (OI): 0.16
Put/call ratio (volume): 1.86
ATM implied volatility: 79.7%
Expected move: ±$5.63
Open interest (C / P): 541.44K / 85.97K

WULF options summary

The WULF options chain for the January 15, 2027 expiration lists 46 call and 42 put contracts, with 96 days until expiration. Open interest stands at 541,443 calls and 85,975 puts, a put/call ratio of 0.16, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $14.00 strike is 79.7%, which implies the market expects a move of about ±$5.63 (40.9%) in TeraWulf stock by expiration.

The most open interest sits at the $23.00 call (81.01K contracts) and the $12.00 put (18.31K contracts).

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

WULF options chain · January 15, 2027

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
172	1	325.0%	15.34	12.40	14.20	0.50	—	—	—	—	—	—
229	1	275.0%	13.80	12.10	13.55	1.00	0.00	0.01	0.01	193.8%	1,000	1,244
80	5	576.6%	15.22	11.25	13.25	1.50	0.00	0.23	0.01	264.8%	4	311
317	1	337.1%	11.70	11.15	12.25	2.00	0.00	0.01	0.01	143.8%	2,250	3,891
123	10	272.3%	14.00	10.60	11.65	2.50	0.00	0.01	0.01	125.0%	1,750	1,916
776	1	251.9%	14.30	10.20	11.20	3.00	0.00	0.00	0.02	50.0%	1	0
293	1	257.8%	11.40	9.60	10.90	3.50	0.00	0.23	0.01	162.1%	3	243
1,119	1	189.8%	12.00	9.40	10.10	4.00	0.00	0.00	0.03	50.0%	2	0
159	4	84.4%	9.25	9.05	9.50	4.50	0.01	0.15	0.01	124.2%	1	1,066
5,696	1	113.7%	8.80	8.45	9.25	5.00	0.00	0.05	0.01	93.8%	1	14,837
2,308	2	87.5%	11.85	7.85	8.75	5.50	0.00	0.17	0.08	105.1%	3	159
7,130	12	91.6%	6.47	6.70	7.15	7.00	0.06	0.23	0.10	90.2%	2	8,208
5	1	87.1%	6.50	5.75	6.30	8.00	0.16	0.29	0.24	84.0%	12	67
37	3	217.4%	9.85	7.15	7.90	9.00	0.33	0.46	0.44	83.0%	1,021	781
9,245	9	85.9%	4.45	4.35	4.60	10.00	0.59	0.63	0.61	80.6%	72	6,237
67	15	83.7%	3.75	3.60	3.95	11.00	0.86	0.98	0.95	79.8%	6	521
18,233	19	83.9%	2.85	3.10	3.30	12.00	1.24	1.35	1.30	78.4%	205	18,306
620	17	84.4%	2.67	2.59	2.83	13.00	1.74	1.84	1.81	78.8%	36	1,149
WULF $13.77
454	33	82.3%	2.16	2.13	2.31	14.00	2.21	2.40	2.37	77.2%	2	4,150
52,944	1,750	83.5%	1.90	1.86	1.91	15.00	2.84	3.05	2.98	77.5%	26	4,746
53,149	48	83.8%	1.56	1.54	1.62	16.00	3.50	3.75	3.66	77.2%	1	2,533
8,192	7	82.1%	1.25	1.20	1.34	17.00	4.25	4.45	4.60	76.6%	28	1,617
74,490	25	82.0%	1.03	1.00	1.10	18.00	5.00	5.30	5.15	77.0%	10	830
10,028	342	84.3%	0.88	0.89	0.96	19.00	5.85	6.15	5.58	77.9%	5	706
27,907	190	83.7%	0.76	0.75	0.76	20.00	6.65	6.95	6.85	75.3%	76	2,441
934	330	85.0%	0.62	0.62	0.69	21.00	7.55	7.90	7.73	77.3%	10	1,151
23,091	166	88.1%	0.51	0.52	0.70	22.00	8.45	8.80	8.64	76.9%	21	952
81,013	238	84.4%	0.44	0.43	0.46	23.00	9.35	10.05	9.58	85.7%	9	292
7,506	1	84.9%	0.35	0.33	0.43	24.00	10.25	10.70	10.92	75.8%	8	1,730
70,530	54	85.7%	0.32	0.29	0.37	25.00	11.25	11.65	10.45	77.7%	10	2,904
837	1	84.1%	0.25	0.19	0.32	26.00	12.15	12.70	12.54	79.2%	5	286
4,638	3	86.7%	0.22	0.18	0.31	27.00	12.05	12.35	9.80	—	40	467
4,122	3	86.5%	0.20	0.14	0.27	28.00	12.95	13.25	11.40	—	6	331
1,217	12	86.7%	0.20	0.11	0.24	29.00	13.85	14.20	9.80	—	20	42
28,445	100	87.5%	0.17	0.14	0.17	30.00	16.05	16.45	13.02	64.1%	10	1,716
2,732	1	87.9%	0.21	0.07	0.20	31.00	—	—	—	—	—	—
6,678	1	88.1%	0.09	0.09	0.14	32.00	0.00	0.00	16.85	—	1	0
936	10	89.1%	0.18	0.04	0.17	33.00	18.85	19.95	16.53	97.3%	1	0
2,981	4	87.5%	0.09	0.00	0.16	34.00	19.80	21.10	18.25	104.7%	1	0
8,462	8	98.4%	0.10	0.08	0.20	35.00	20.95	21.55	17.75	75.0%	7	0
2,186	30	89.8%	0.04	0.00	0.14	36.00	21.80	22.95	20.20	101.2%	1	0
989	4	91.0%	0.14	0.00	0.13	37.00	—	—	—	—	—	—
1,473	2	95.7%	0.08	0.05	0.11	38.00	—	—	—	—	—	—
5,460	50	91.4%	0.07	0.00	0.10	39.00	19.60	20.60	14.50	—	50	145
11,818	66	85.2%	0.05	0.00	0.05	40.00	25.85	26.75	22.65	97.7%	15	0
1,622	31	96.1%	0.04	0.00	0.11	41.00	26.85	27.90	23.50	111.3%	1	0

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 January 15, 2027 expiration, the WULF put/call ratio based on open interest is 0.16 (85,975 puts vs 541,443 calls), and 1.86 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 January 15, 2027 is about 79.7%, 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.