TERAWULF INC. (WULF) Options Statistics & Positioning

TERAWULF INC. (WULF) options trade at a 30-day at-the-money implied volatility of 88.7%, an IV rank of 74 out of 100 over the past year. The options market prices a ±$2.39 (±15.4%) move in WULF for the front expiration. Max pain sits at $16 and the put/call open interest ratio is 0.41. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$15.52

52-week range

$8.87 – $28.97

ATM IV (30d)

88.7%

IV rank

74 / 100

High

Expected move

±$2.39 (±15.4%)

Put/call OI

0.41

Call-heavy

Max pain

$16

↑ 3.1% above close

Next earnings

Nov 12, 2026

Most Active WULF Contracts

Contract	Expiration	DTE	Last	IV	Volume
WULF $17 call	Sep 18, 2026	25d	$0.88	—	6,559
WULF $20 call	Sep 11, 2026	18d	$0.21	—	5,858
WULF $22 call	Oct 16, 2026	53d	$0.58	—	5,016
WULF $20 call	Sep 18, 2026	25d	$0.31	—	4,872
WULF $16 call	Aug 28, 2026	4d	$0.43	—	4,521

See all active WULF contracts →

Explore WULF Options Statistics

WULF Implied Volatility

88.7% ATM IV (30d)

An IV rank of 74 places implied volatility near the top of its 52-week range.

Full implied volatility analysis →

WULF Open Interest

0.41 put/call OI ratio

1,582,869 calls and 653,580 puts outstanding across all expirations.

Full open interest analysis →

WULF Max Pain

$16 max pain

3.1% above the last close — see how max pain has moved over the past year.

Full max pain analysis →

WULF Gamma Exposure

-$43.88M net GEX

Negative dealer gamma — hedging can currently amplify price swings.

Full gamma exposure analysis →

WULF Options Volume

87,149 contracts traded

Put/call volume ratio 0.27 — plus contracts running far above their usual volume.

Full volume & flow analysis →

WULF Most Active Options

$20 top volume strike

The 25 most actively traded WULF contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

WULF's next expected earnings date is Nov 12, 2026. Options currently price a ±$2.39 (±15.4%) move for the front expiration.

Explore the payoff profile of option on WULF for free

Build multi-leg WULF strategies, visualize payoffs, and scan the full US options universe with OptiView.

Open WULF in the platform Scan options

WULF Options FAQ

When is WULF's next earnings date?

WULF's next expected earnings date is Nov 12, 2026. Options currently price a ±$2.39 (±15.4%) move for the front expiration.

How often is WULF options data on this page updated?

All WULF statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see WULF max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated WULF pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.