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 21, 2028
Days to expiration: 468
Share price: $13.77
Put/call ratio (OI): 0.96
Put/call ratio (volume): 1.48
ATM implied volatility: 79.6%
Expected move: ±$12.41
Open interest (C / P): 110.58K / 105.70K

WULF options summary

The WULF options chain for the January 21, 2028 expiration lists 19 call and 19 put contracts, with 468 days until expiration. Open interest stands at 110,579 calls and 105,702 puts, a put/call ratio of 0.96, which is fairly balanced between calls and puts. At-the-money implied volatility near the $15.00 strike is 79.6%, which implies the market expects a move of about ±$12.41 (90.1%) in TeraWulf stock by expiration.

The most open interest sits at the $40.00 call (20.70K contracts) and the $17.00 put (41.80K contracts).

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

WULF options chain · January 21, 2028

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
65	3	112.5%	14.14	10.90	14.70	1.00	0.00	0.10	0.08	123.4%	1	2,836
46	1	—	14.40	18.00	23.00	2.00	0.00	5.00	0.24	—	1	0
85	2	87.1%	12.50	9.15	12.70	3.00	0.00	0.00	0.21	25.0%	4	0
22	5	98.4%	10.00	9.95	10.60	4.00	0.04	0.37	0.27	76.2%	2	214
583	210	97.1%	9.13	9.30	9.85	5.00	0.47	0.56	0.51	82.6%	1	331
1,039	1	92.0%	7.74	7.50	7.95	8.00	1.40	1.54	1.46	78.6%	336	971
1,089	48	89.4%	6.68	6.60	6.80	10.00	2.24	2.41	2.30	75.9%	3	3,079
2,101	6	86.5%	5.79	5.60	5.95	12.00	3.35	3.50	3.40	75.3%	32	4,273
WULF $13.77
7,338	27	86.3%	4.71	4.70	4.90	15.00	5.10	5.40	5.00	73.0%	2	18,232
6,369	307	85.3%	4.20	4.05	4.40	17.00	6.50	6.70	6.50	71.4%	2	41,795
17,760	375	83.3%	3.55	3.30	3.60	20.00	8.60	8.95	8.85	68.8%	350	11,596
17,397	108	83.6%	3.00	2.97	3.25	22.00	10.25	10.55	9.85	68.4%	1	15,051
20,297	528	83.1%	2.61	2.52	2.74	25.00	12.75	13.05	11.75	67.1%	1,421	6,609
1,102	1	83.2%	2.60	2.22	2.55	27.00	0.00	0.00	13.60	—	1	0
5,702	28	83.2%	2.03	1.96	2.16	30.00	0.00	0.00	15.66	—	6	0
3,874	12	81.5%	1.80	1.60	1.97	32.00	18.75	19.20	18.00	60.9%	302	623
3,557	9	82.5%	1.60	1.47	1.74	35.00	21.50	22.10	21.20	60.4%	1	3
1,451	1	82.1%	1.95	1.32	1.58	37.00	20.15	22.15	17.20	—	—	5
20,702	1	83.3%	1.32	1.21	1.45	40.00	26.15	26.85	25.55	56.0%	10	84

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 21, 2028 expiration, the WULF put/call ratio based on open interest is 0.96 (105,702 puts vs 110,579 calls), and 1.48 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 21, 2028 is about 79.6%, 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.