WULF Forecast + Trading Strategies


Bullish Case: TeraWulf's aggressive expansion in clean energy-powered bitcoin mining, paired with rising call option volume, signals potential upward momentum. Increased market interest in AI infrastructure and rising Bitcoin prices may catalyze significant stock appreciation.


Bearish Case: Recent insider selling raises concerns about management confidence in future growth, alongside high implied volatility suggesting market uncertainty. Continued financial misses and a flat stock performance could lead to a negative trend, particularly if broader crypto markets weaken.


Potential Outcomes:

1. 30% chance of WULF breaking above $6 driven by bullish Bitcoin sentiment.

2. 50% chance of oscillating between $4-$5 in a consolidation phase.

3. 20% likelihood of dipping below $4 due to disappointing earnings or adverse market trends.


Trading Oracle: Adopt a bullish strategy by implementing a debit spread using WULF 08/02/2024 5.50 C and 6.50 C options to capture upside from imminent price moves. With high implied volatility and near-term catalysts, this setup offers excellent risk-reward potential in a bullish market outlook.


July 25, 2024


TeraWulf Forecast

WULF      TeraWulf











Correlated Assets

Assets that tend to move strongly with WULF



WGMI Forecast + Options Trading Strategies   WGMI  Valkyrie ETF Trust II - Valkyrie Bitcoin Miners (0.86)


JWN Forecast + Options Trading Strategies   JWN  Nordstrom (0.86)


BBY Forecast + Options Trading Strategies   BBY  Best Buy (0.85)


IREN Forecast + Options Trading Strategies   IREN  IREN (0.85)


TNDM Forecast + Options Trading Strategies   TNDM  Tandem Diabetes Care (0.84)



Uncorrelated Assets

Assets with little price relationship to WULF



CRI Forecast + Options Trading Strategies   CRI  Carters (0.0)


CDLX Forecast + Options Trading Strategies   CDLX  Cardlytics (-0.0)


MPW Forecast + Options Trading Strategies   MPW  Medical Properties (0.0)


CSGP Forecast + Options Trading Strategies   CSGP  Costar Group (-0.0)


WGO Forecast + Options Trading Strategies   WGO  Winnebago Industries (0.0)



Anticorrelated Assets

Assets that tend to move strongly against WULF



CPRI Forecast + Options Trading Strategies   CPRI  Capri (-0.67)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.73)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.73)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.74)


UUUU Forecast + Options Trading Strategies   UUUU  Energy Fuels (-0.77)





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