Wolfspeed Shares Down, Mixed Options Sentiment
Mixed options sentiment in Wolfspeed (WOLF), with shares down 28c near $17.18. Options volume relatively light with 759 contracts traded and calls leading puts for a put/call ratio of 0.28, compared to a typical level near 70.5. Implied volatility (IV30) is higher by 0.3 points near 111.98,and below the 52wk median, suggesting an expected daily move of $1.21. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Wolfspeed (WOLF) will report earnings after the close on 2026-02-04.Option markets are pricing in a 50% probability of a move greater than -5.03% or $-0.86.
