Wealthy investors have taken a bearish stance on Wolfspeed under the ticker symbol WOLF.
This revelation is crucial for retail traders to consider.
Today, significant positions emerged in publicly available options history pertaining to Wolfspeed, providing a glimpse into a high-stakes financial landscape.
The magnitude of this activity, though uncertain in origin, often signifies insider knowledge or an imminent development.
Benzinga’s options scanner highlighted 12 notable options trades involving Wolfspeed.
This anomaly warrants attention.
Among these transactions, a total of 1 put trade amounting to $33,500 and 11 calls totaling $580,794 were identified.
Pondering Price Projections
Analyzing Volume and Open Interest on these contracts reveals a targeted price range of $20.0 to $30.0 for Wolfspeed over the past three months.
Delving into Volume & Open Interest
As for liquidity and appeal, the mean open interest for Wolfspeed options trades today stands at 1580.5 with a total volume of 2,466.00.
A detailed chart captures the trajectory of volume and open interest for call and put options on Wolfspeed’s transactions valued between $20.0 and $30.0 over the previous 30 days.
Candid Evaluation of Noteworthy Trades
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| WOLF | CALL | SWEEP | NEUTRAL | 01/16/26 | $30.00 | $94.0K | 238 | 304 |
| WOLF | CALL | SWEEP | BEARISH | 01/16/26 | $30.00 | $94.0K | 238 | 104 |
| WOLF | CALL | SWEEP | BULLISH | 09/20/24 | $20.00 | $65.6K | 298 | 83 |
| WOLF | CALL | SWEEP | BEARISH | 01/16/26 | $30.00 | $47.0K | 238 | 254 | WOLF | CALL | SWEEP | BEARISH | 01/16/26 | $30.00 | $47.0K | 238 | 254 |
Insightful Overview of Wolfspeed
Wolfspeed Inc focuses on manufacturing wide bandgap semiconductors, emphasizing silicon carbide and gallium nitride materials and devices for diverse applications including transportation, power supplies, inverters, and wireless systems. The company primarily generates revenue from Europe while maintaining a footprint in the United States; China; Japan; South Korea, and other regions.
Following a comprehensive analysis of the options activity surrounding Wolfspeed, we delve deeper into the company’s operations and performance.
Current Status of Wolfspeed
- Trading at $24.6 with a volume of 2,727,716 shares, WOLF has decreased by -1.8%.
- Current Relative Strength Index (RSI) values suggest the stock is in a neutral position, straddling the line between overbought and oversold.
- The upcoming earnings report is slated for 36 days from today.
Options trading entails significant risks yet offers the potential for substantial returns. Seasoned traders manage these risks through ongoing learning, strategic adjustments, leveraging various indicators, and staying attuned to market conditions. Stay informed about the latest options trades for Wolfspeed with Benzinga Pro for real-time notifications.
