WULF Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure

Analyze the complete WULF options chain including strike-level open interest, real-time implied volatility (IV), max pain levels, gamma exposure, dealer positioning, and options flow trends. This dashboard provides data-driven insights for traders building directional or hedging strategies around WULF.

Latest Data: 2026-07-20 (EDT)

Max Pain Price

Exp: 2026-07-24

Gamma Flip

19.15

Gamma Flip (≈60 days)

Put/Call OI Ratio

12.505

Shows put vs call positioning

IV Skew

-6.95

Put–call IV difference

Max Pain Price Volatility

σ = 5.49

medium volatility

Confidence 85%

Near-Term Options-Derived Market Structure

NEUTRAL OUTLOOK

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a high-confidence neutral environment. Dealer positioning and volatility suppression suggest a stable range-bound setup rather than a directional move. Options Chian

On the put side, the bearish positioning looks mainly like hedging. This reflects caution and short-term protection rather than a true bearish call. Confidence: 83%

Current DPI is 0.449(bullish). Bullish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions remain relatively smooth. Options constraints exert a moderate influence on price behavior. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-08-21 options expiry. 100% confidence

The support levels for WULF are at 18.35, 17.59, and 12.75, while the resistance levels are at 19.37, 20.13, and 24.97. The pivot point, a key reference price for traders, is at 23.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 4)

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 5.21% 1-day move.

The expected range for the next 4 days is 18.18 — 20.27 , corresponding to +7.48% / -3.61% .

Estimated using ATM implied volatility, OTM option flow, and dealer hedging conditions to capture the market-implied price range.

Bullish flow suggests upside interest toward 20.88 (10.70% above spot).

Bearish positioning points to downside pressure toward 18.05 (4.29% below spot).

Options flow strength: 0.84 (0–1 scale). ATM Strike: 19.00, Call: 1.04, Put: 0.93, Straddle Cost: 1.97.

Price moves may extend once a direction forms. The short-term gamma flip is near 20.33 , with intermediate positioning around 19.15 . The mid-term gamma flip remains near 19.08.