TeraWulf Unusual Options Activity
Portfolio Pulse from Benzinga Insights
TeraWulf (NASDAQ:WULF) has seen unusual options activity, with a significant bearish sentiment from large investors. The options trades are predominantly bearish, with 76% of the trades reflecting this sentiment. The stock is currently trading at $6.02, up 14.89%, but analysts have mixed ratings with price targets ranging from $5 to $10.

October 21, 2024 | 7:00 pm
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TeraWulf has experienced unusual options activity with a bearish sentiment from large investors. The stock is currently trading at $6.02, up 14.89%. Analysts have mixed ratings with price targets ranging from $5 to $10.
The unusual options activity with a predominantly bearish sentiment suggests that large investors expect a potential decline in TeraWulf's stock price. Despite the current price increase, the mixed analyst ratings and the bearish options sentiment indicate a likely short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100