---
title: "Trending | WULF Plummets 7% last Friday, Some Put options Soar 114%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286713114.md"
description: "On May 15, Eastern Time, Terawulf options saw a total of 186118 contracts traded, with calls accounting for 44% and puts making up 55%."
datetime: "2026-05-18T04:25:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286713114.md)
  - [en](https://longbridge.com/en/news/286713114.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286713114.md)
---

# Trending | WULF Plummets 7% last Friday, Some Put options Soar 114%

On May 15, Eastern Time, Terawulf options saw a total of 186118 contracts traded, with calls accounting for 44% and puts making up 55%.

Terawulf has 2679066 contracts outstanding, with calls accounting for 67% and puts making up 32%.

The top volume gainer was the 22.5 dollars Put option expiring on May 22, 2026, with 5591 contracts traded.

On the news front, Based on recent key news:

1\. May 15, global risk assets faced a sell-off due to rising inflation concerns and increasing international oil prices. This led to a decline in the cryptocurrency market, affecting stocks like Terawulf, which saw a significant drop. Source: 智通财经

2\. May 15, Jefferies initiated coverage on Terawulf with a 'buy' rating and a target price of $28, which initially supported the stock but was overshadowed by broader market concerns. Source: 格隆汇

3\. May 17, Thai authorities raided an illegal Bitcoin mining operation, highlighting regulatory risks in the crypto sector, which may have contributed to negative sentiment around related stocks. Source: ChainCatcherCrypto market faces regulatory and inflation risks.

Please note: The chart below does not include options expiring within five days.

![image](https://assets.lbctrl.com/h5hub/optrank/images/2026-05-18/ST_US_WULF_en.png)

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