Traders Show Interest in Call Options for QuantumScape (NYSE:QS)
Jan 6, 2025
Unpacking the Latest Options Trading Trends in TeraWulf (NASDAQ: WULF)
Recent events indicate that high-rolling investors have adopted a bearish stance on TeraWulf (WULF). This noteworthy activity was highlighted by options data tracking, underscoring the importance of this trend for retail traders. Although the identities of these influential investors remain unclear, such a substantial movement in WULF often suggests the presence of insider knowledge.
Today, options tracking tools detected twelve trades related to TeraWulf, which is atypical in its volume. The sentiment among these larger market players shows a split: approximately 41% of the trades are bullish, while 58% lean bearish. Among these identified trades, there was one put option valued at $56,550, compared to eleven call options that amounted to $945,479.
What’s The Price Target?
Analyzing the trading volumes and open interest reveals that significant market participants are targeting a price range between $2.50 and $10.00 for TeraWulf over the past three months. This range highlights the key price points that traders should consider in their strategies.
Volume & Open Interest Trends
Monitoring volume and open interest is essential in options trading, as these metrics reveal insights into liquidity and investor interest. A detailed examination of the changes in volume and open interest over the past 30 days illustrates fluctuations for both call and put options at specific strike prices for TeraWulf.
TeraWulf Option Volume And Open Interest Over Last 30 Days
Data on historical volume and open interest can help traders make more informed decisions. This information can guide retail investors in analyzing the ebb and flow of options trading related to TeraWulf.
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WULF | CALL | SWEEP | BULLISH | 01/16/26 | $3.5 | $3.4 | $3.5 | $2.50 | $350.0K | 3.5K | 1.0K |
| WULF | CALL | TRADE | BULLISH | 01/16/26 | $3.2 | $3.2 | $3.2 | $4.00 | $160.0K | 12.3K | 510 |
| WULF | CALL | TRADE | BULLISH | 01/16/26 | $2.65 | $2.57 | $2.63 | $5.50 | $76.2K | 5.8K | 301 |
| WULF | CALL | SWEEP | BEARISH | 04/17/25 | $0.52 | $0.5 | $0.5 | $9.00 | $57.7K | 4.8K | 4.9K |
| WULF | CALL | TRADE | BULLISH | 04/17/25 | $0.5 | $0.47 | $0.5 | $9.00 | $57.7K | 4.8K | 3.2K |
About TeraWulf
TeraWulf Inc. is a technology firm that focuses on digital asset infrastructure and sustainable energy solutions. Its primary business is to support environmentally friendly bitcoin mining by developing and managing facilities across the United States. These facilities operate using clean and reliable energy sources. The core revenue for TeraWulf is derived from bitcoin mining operations, while it occasionally generates additional income by providing hosting services for third-party miners.
Given recent options activity, it is crucial to also consider TeraWulf's current market performance.
Present Market Standing of TeraWulf
- Current trading volume is at 27,941,210, while WULF's stock has decreased by -5.39%, now trading at $5.36.
- Relative Strength Index (RSI) metrics suggest that the stock may be nearing oversold conditions.
- An earnings announcement is anticipated in 75 days.
What Analysts Are Saying About TeraWulf
In the past 30 days, four professional analysts have provided their insights regarding TeraWulf, establishing an average price target of $10.25.
Unusual Options Activity Detected: Smart Money on the Move
Monitoring unusual options activity is vital, as it can reveal potential market movements before they happen. One analyst from Rosenblatt maintains a Buy rating on TeraWulf, with a target price of $10. Another analyst from Northland Capital Markets keeps an Outperform rating for the stock, also targeting $10. Furthermore, B. Riley Securities has upheld its Buy rating with a target price of $10, while an analyst from Cantor Fitzgerald has adjusted their rating to Overweight with a new price target of $11.
Engaging in options trading carries a higher level of risk, but it also has the potential for substantial returns. Proficient traders can reduce risks through continuous learning, strategic modifications to trades, utilizing various indicators, and staying updated on market developments. To stay informed about the latest options trades involving TeraWulf, it's advisable to use specialized platforms that provide real-time alerts.
options, trading, TeraWulf