Moderately bullish activity in TeraWulf (WULF), with shares up 42c, or 2.75%, near $15.88. Options volume more than double the daily average with 166k contracts traded and calls leading puts for a put/call ratio of 0.27, compared to a typical level near 0.27. Implied volatility (IV30) is higher by 4.0 points near 123.32,in the top quartile of the past year, suggesting an expected daily move of $1.23. Put-call skew steepened, indicating increased demand for downside protection.
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