Traders Purchase High Volume of Wolfspeed Put Options (NYSE:WOLF)

Market Beat
2025.12.19 19:08
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Traders purchased 283,920 put options on Wolfspeed, Inc., marking an 80% increase from the typical daily volume. This unusual activity suggests a bearish sentiment among investors. Analysts have mixed ratings on the stock, with a consensus rating of "Reduce" and a target price of $10.50. Despite recent earnings beating estimates, Wolfspeed's stock performance remains volatile.