High-rolling investors have positioned themselves bearish on Wolfspeed WOLF, and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in WOLF often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 8 options trades for Wolfspeed. This is not a typical pattern.
The sentiment among these major traders is split, with 37% bullish and 62% bearish. Among all the options we identified, there was one put, amounting to $27,000, and 7 calls, totaling $490,368.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $4.0 to $15.0 for Wolfspeed over the recent three months.
Analyzing Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Wolfspeed's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Wolfspeed's substantial trades, within a strike price spectrum from $4.0 to $15.0 over the preceding 30 days.
Wolfspeed Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WOLF | CALL | TRADE | BULLISH | 02/21/25 | $0.74 | $0.66 | $0.71 | $10.00 | $141.7K | 2.3K | 2.0K |
| WOLF | CALL | SWEEP | BULLISH | 01/17/25 | $3.95 | $3.8 | $3.8 | $4.00 | $120.1K | 1.6K | 1.3K |
| WOLF | CALL | SWEEP | BEARISH | 01/17/25 | $3.75 | $3.7 | $3.7 | $4.00 | $74.0K | 1.6K | 1.5K |
| WOLF | CALL | TRADE | BULLISH | 06/18/26 | $2.27 | $1.97 | $2.15 | $15.00 | $64.5K | 372 | 300 |
| WOLF | CALL | TRADE | BEARISH | 01/17/25 | $3.7 | $3.6 | $3.64 | $4.00 | $36.4K | 1.6K | 1.6K |
About Wolfspeed
Wolfspeed Inc is involved in the manufacturing of wide bandgap semiconductors. It is focused on silicon carbide and gallium nitride materials and devices for power and radio-frequency (RF) applications. The company serves applications such as transportation, power supplies, inverters, and wireless systems. Geographically, it derives a majority of its revenue from Europe and the rest from the United States, China, Hong Kong, Asia Pacific, and other regions.
Following our analysis of the options activities associated with Wolfspeed, we pivot to a closer look at the company's own performance.
Present Market Standing of Wolfspeed
- With a trading volume of 11,464,883, the price of WOLF is up by 6.68%, reaching $7.65.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 23 days from now.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Wolfspeed options trades with real-time alerts from Benzinga Pro.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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