Smart Money Insights on Wolfspeed (NYSE: WOLF) Options
Recently, large investors, often referred to as "whales," have taken a significantly optimistic position on Wolfspeed. This marks a clear sentiment within the options market related to the company's stock performance.
An examination of the options history for Wolfspeed (WOLF) reveals a total of 13 trades. When analyzing these transactions, it can be stated that approximately 38% of investors engaged in trades with bullish expectations, while about 30% displayed bearish sentiment.
Out of the identified trades, 8 involved put options, amounting to a total value of $351,665, and 5 trades were for call options, totaling $239,140.
Projected Price Expectations
Considering the trading volume and open interest associated with these options contracts, it is evident that big-money players are aiming for a price target between $5.00 and $32.00 for Wolfspeed over the past three months.
Understanding Trading Volume and Open Interest
In the current trading landscape, the average open interest for Wolfspeed options stands at 1,955.18, accompanied by a total trading volume of 2,495.00. A detailed chart illustrates the trends in both call and put option volumes and open interest over the last 30 days, particularly focusing on high-value trades within the strike price range of $5.00 to $32.00.
Review of Call and Put Options Volume Over 30 Days
Recent data provides insights into the call and put volume for Wolfspeed, helping traders and investors assess market dynamics and sentiment.
Highlighted Options Trades
Symbol | PUT/CALL | Trade Type | Sentiment | Expiration Date | Ask | Bid | Price | Strike Price | Total Trade Value | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
WOLF | PUT | SWEEP | BEARISH | 12/19/25 | $25.6 | $25.0 | $25.28 | $32.00 | $153.7K | 462 | 60 |
WOLF | CALL | TRADE | NEUTRAL | 04/17/25 | $1.1 | $1.0 | $1.05 | $10.00 | $104.7K | 1.5K | 1.0K |
WOLF | CALL | SWEEP | BULLISH | 04/17/25 | $1.45 | $1.35 | $1.45 | $8.00 | $42.0K | 927 | 290 |
WOLF | CALL | SWEEP | BULLISH | 10/17/25 | $3.5 | $3.4 | $3.4 | $5.00 | $34.8K | 37 | 100 |
WOLF | PUT | SWEEP | BEARISH | 01/17/25 | $10.9 | $10.7 | $10.85 | $17.50 | $32.5K | 2.8K | 30 |
About Wolfspeed
Wolfspeed Inc specializes in manufacturing wide bandgap semiconductors, particularly focusing on materials and devices made from silicon carbide and gallium nitride for power and radio-frequency (RF) applications. The company caters to various applications, including transportation, power supplies, and wireless systems. The majority of its revenue comes from Europe, with additional contributions from the United States, China, and various regions across Asia Pacific.
Reflecting on the recent options activity around Wolfspeed, it is also crucial to assess the company's current performance and market standing.
Current Market Condition of Wolfspeed
- The stock is currently trading at $6.54, having experienced a decrease of 3.11%.
- Current RSI readings indicate that the stock may be oversold.
- An earnings release is anticipated in the next 29 days.
Can you turn $1,000 into $1,270 in just 20 days?
A seasoned options trader, with two decades of experience, has developed a one-line chart technique that highlights optimal buy and sell times. By following these trades, which have averaged a 27% profit every 20 days, traders can potentially capitalize on profitable opportunities.
Options trading carries more risks compared to traditional stock trading; however, it also offers the potential for higher profits. Serious traders manage this risk by continually educating themselves, selectively scaling trades, monitoring multiple indicators, and staying actively engaged with the market.
To keep abreast of the latest options trades regarding Wolfspeed, consider utilizing a specialized alerts service that provides real-time trade notifications.
Wolfspeed, Options, Investing