WOLF
Price
Day trading desk
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
| Side | Strike | Expiry | Volume | Open int. | Vol / OI | Notional | IV | Score | |
|---|---|---|---|---|---|---|---|---|---|
| CALL | 30.00 | Sep 4, 26 12d |
546 | 84 | 6.5× | $44.23K | 110% | mid | 62 |
How this is calculated, and what it cannot see
A contract is flagged when today's volume approaches or exceeds its open interest, the position is worth at least $40,000, and at least 150 contracts changed hands. Open interest is what was outstanding at yesterday's close, so volume above it means the flow cannot all be closing — something is being opened.
The score weights four things: volume against open interest, dollar notional, volume against the rest of that chain, and where the last print sat inside the bid/ask spread.
What it cannot see. Volume here is a daily total, so ten small orders and one large one are indistinguishable — this is not block or sweep detection, which needs exchange-level time and sales. The print column compares the last trade to the current quote, which is a proxy for who was the aggressor, not a tagged flag. Quotes are delayed. A single large trade can be a hedge, a roll, or one leg of a spread, and none of those mean what a naked directional bet would mean.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
5 more panels on WOLF open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jul 1, 26 | KOHN BRADLEY D Officer |
STOCK | 38.77K | $0 | Direct |
| Dec 17, 25 | HOU HONG Q Director |
STOCK | 31.73K | $0 | Direct |
| Dec 17, 25 | MUSSER ERIC S. Director |
STOCK | 31.73K | $0 | Direct |
| Dec 17, 25 | WALSH PAUL V JR Director |
STOCK | 31.73K | $0 | Direct |
| Dec 17, 25 | JENSEN MARK EDWIN Director |
STOCK | 31.73K | $0 | Direct |
| Dec 17, 25 | BOKAN MICHAEL W Director |
STOCK | 31.73K | $0 | Direct |
| Dec 17, 25 | ABATE ANTHONY M Director |
STOCK | 31.73K | $0 | Direct |
| Dec 8, 25 | EMERSON DAVID TODD Chief Operating Officer |
STOCK | 126.93K | $0 | Direct |
| Dec 8, 25 | FEURLE ROBERT A Chief Executive Officer |
STOCK | 317.33K | $0 | Direct |
| Dec 8, 25 | VAN ISSUM GREGOR Chief Financial Officer |
STOCK | 172.26K | $0 | Direct |
| Oct 31, 25 | CITIGROUP, INC. Beneficial Owner of more than 10% of a Class of Security |
SELL | 194.42K | $5.09M | Indirect |
| Oct 31, 25 | CITIGROUP, INC. Beneficial Owner of more than 10% of a Class of Security |
BUY | 194.31K | $5.16M | Indirect |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
ABATE ANTHONY M |
Director | 31.73K | Stock Award(Grant) |
BOKAN MICHAEL W |
Director | 31.73K | Stock Award(Grant) |
CITIGROUP, INC. |
Beneficial Owner of more than 10% of a Class of Security | — | Sale |
EMERSON DAVID TODD |
Chief Operating Officer | 127.11K | Stock Award(Grant) |
FEURLE ROBERT A |
Chief Executive Officer | 317.33K | Stock Award(Grant) |
JENSEN MARK EDWIN |
Director | 31.73K | Stock Award(Grant) |
KOHN BRADLEY D |
Officer | 38.93K | Stock Award(Grant) |
MUSSER ERIC S. |
Director | 31.73K | Stock Award(Grant) |
VAN ISSUM GREGOR |
Chief Financial Officer | 172.26K | Stock Award(Grant) |
WALSH PAUL V JR |
Director | 31.73K | Stock Award(Grant) |
Fundamentals
Valuation & profitability ratios
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2026 | 2025 | 2024 | YoY |
|---|---|---|---|---|
| Total revenue | — | $757.60M | $807.20M | — |
| Operating revenue | — | $757.60M | $807.20M | — |
| Cost of revenue | — | $879.20M | $729.80M | — |
| Gross profit | — | -$121.60M | $77.40M | — |
| Research & development | — | $175.10M | $201.90M | — |
| Selling, general & admin | — | $190.50M | $246.40M | — |
| Total operating expense | — | $451.90M | $503.20M | — |
| Operating income | — | -$573.50M | -$425.80M | — |
| Net interest income | — | -$247.60M | -$111.30M | — |
| Pre-tax income | — | -$1.62B | -$572.50M | — |
| Tax provision | — | -$9.70M | $1.10M | — |
| Net income | — | -$1.61B | -$864.20M | — |
| Net income to common | — | -$1.61B | -$864.20M | — |
| Basic EPS | -8.67 | -11.39 | -4.56 | +23.9% |
| Diluted EPS | -9.14 | -11.39 | -6.88 | +19.7% |
| EBIT | — | -$1.30B | -$326.20M | — |
| EBITDA | — | -$1.05B | -$145.20M | — |
| Basic shares | 51.97M | 141.32M | 125.69M | -63.2% |
| Diluted shares | 51.97M | 141.32M | 125.69M | -63.2% |
| Line item | 2026 | 2025 | YoY |
|---|---|---|---|
| Cash & equivalents | $576.30M | $467.20M | +23.4% |
| Cash & short-term investments | $1.09B | $955.40M | +13.9% |
| Accounts receivable | $96.90M | $176.10M | -45.0% |
| Inventory | $255.10M | $451.20M | -43.5% |
| Total current assets | $1.59B | $2.54B | -37.5% |
| Property, plant & equipment | $788.20M | $4.04B | -80.5% |
| Goodwill & intangibles | $392.20M | $23.80M | +1,547.9% |
| Total assets | $3.00B | $6.85B | -56.2% |
| Total current liabilities | $231.60M | $7.09B | -96.7% |
| Current debt | — | $6.54B | — |
| Long-term debt | $1.69B | — | — |
| Total debt | $1.80B | $6.70B | -73.2% |
| Total liabilities | $2.07B | $7.30B | -71.6% |
| Retained earnings | -$415.80M | -$4.54B | +90.8% |
| Shareholder equity | $930.20M | -$447.10M | +308.1% |
| Working capital | $1.36B | -$4.55B | +129.9% |
| Net tangible assets | $538.00M | -$470.90M | +214.2% |
| Shares issued | 48.34M | — | — |
| Line item | 2025 | 2024 | YoY |
|---|---|---|---|
| Net income | -$1.61B | -$573.60M | -180.5% |
| Depreciation & amortisation | $252.10M | $181.00M | +39.3% |
| Stock-based compensation | $73.30M | $84.90M | -13.7% |
| Change in working capital | -$95.20M | -$361.30M | +73.7% |
| Operating cash flow | -$711.70M | -$725.60M | +1.9% |
| Capital expenditure | -$1.04B | -$2.10B | +50.7% |
| Investing cash flow | -$268.10M | -$1.94B | +86.2% |
| Financing cash flow | $400.10M | $1.96B | -79.6% |
| Free cash flow | -$1.75B | -$2.83B | +38.2% |
| End cash position | $467.20M | $1.05B | -55.3% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-03-31 | 2024-12-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $150.20M | $168.50M | $196.80M | $185.40M | $180.50M | -10.9% |
| Operating revenue | $150.20M | $168.50M | $196.80M | $185.40M | $180.50M | -10.9% |
| Cost of revenue | $190.20M | $246.80M | $273.90M | $207.90M | $217.70M | -22.9% |
| Gross profit | -$40.00M | -$78.30M | -$77.10M | -$22.50M | -$37.20M | +48.9% |
| Research & development | $27.20M | $24.90M | $31.70M | $42.20M | $44.40M | +9.2% |
| Selling, general & admin | $37.00M | $29.40M | $37.90M | $41.10M | $51.10M | +25.9% |
| Total operating expense | $68.10M | $58.80M | $72.50M | $107.70M | $120.70M | +15.8% |
| Operating income | -$108.10M | -$137.10M | -$149.60M | -$130.20M | -$157.90M | +21.2% |
| Net interest income | -$41.20M | -$48.40M | $8.20M | -$66.00M | -$63.50M | +14.9% |
| Pre-tax income | -$120.20M | -$149.40M | $423.70M | -$285.40M | -$372.30M | +19.5% |
| Tax provision | -$300.00K | $1.20M | $3.50M | $100.00K | -$100.00K | -125.0% |
| Net income | -$119.90M | -$150.60M | $420.20M | -$285.50M | -$372.20M | +20.4% |
| Net income to common | -$119.90M | -$150.60M | $420.20M | -$285.50M | -$372.20M | +20.4% |
| Basic EPS | -3.05 | -5.50 | 2.69 | -1.86 | -2.38 | +44.6% |
| Diluted EPS | -3.05 | -5.50 | 2.22 | -1.86 | -2.38 | +44.6% |
| EBIT | -$68.10M | -$91.40M | $424.40M | -$200.00M | -$291.80M | +25.5% |
| EBITDA | -$37.20M | -$54.00M | $493.70M | -$199.70M | -$291.50M | +31.1% |
| Basic shares | 39.28M | 27.36M | 156.19M | 153.90M | 156.19M | +43.5% |
| Diluted shares | 39.28M | 27.36M | 189.05M | 153.90M | 189.05M | +43.5% |
| Line item | 2026-03-31 | 2025-12-31 | YoY |
|---|---|---|---|
| Cash & equivalents | $695.10M | $1.03B | -32.4% |
| Cash & short-term investments | $1.16B | $1.29B | -9.9% |
| Accounts receivable | $96.80M | $108.30M | -10.6% |
| Inventory | $314.90M | $348.80M | -9.7% |
| Total current assets | $1.71B | $1.93B | -11.6% |
| Property, plant & equipment | $815.40M | $867.80M | -6.0% |
| Goodwill & intangibles | $409.20M | $426.80M | -4.1% |
| Total assets | $3.15B | $3.45B | -8.6% |
| Total current liabilities | $243.10M | $297.10M | -18.2% |
| Long-term debt | $1.72B | $1.96B | -12.4% |
| Total debt | $1.82B | $2.07B | -11.8% |
| Total liabilities | $2.13B | $2.82B | -24.6% |
| Retained earnings | -$270.50M | -$150.60M | -79.6% |
| Shareholder equity | $1.02B | $627.40M | +62.8% |
| Working capital | $1.47B | $1.64B | -10.4% |
| Net tangible assets | $612.50M | $200.60M | +205.3% |
| Shares issued | 48.34M | 27.36M | +76.6% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | YoY |
|---|---|---|---|---|
| Net income | -$119.90M | -$150.60M | $420.20M | +20.4% |
| Depreciation & amortisation | $30.90M | $37.40M | $69.30M | -17.4% |
| Stock-based compensation | $10.30M | $7.60M | $13.60M | +35.5% |
| Change in working capital | $7.70M | $83.80M | $91.30M | -90.8% |
| Operating cash flow | -$83.80M | -$42.60M | -$22.40M | -96.7% |
| Capital expenditure | — | — | -$105.30M | — |
| Investing cash flow | -$211.60M | $787.60M | $136.90M | -126.9% |
| Financing cash flow | -$38.30M | -$197.00M | -$101.50M | +80.6% |
| Free cash flow | -$83.80M | -$42.60M | -$127.70M | -96.7% |
| End cash position | $695.10M | $1.03B | $481.00M | -32.4% |
Options analytics
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | -1.47 | -2.26 | -54.3% |
| Mar 2026 | -3.78 | -3.26 | +13.8% |
| Dec 2025 | -0.74 | -6.11 | -731.3% |
| Sep 2025 | -0.75 | -0.55 | +26.7% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | -1.99 | 2 | $150.00M | -23.8% |
| Next quarter | -1.93 | 2 | $153.55M | -8.9% |
| Current year | -7.52 | 2 | $643.00M | -3.3% |
| Next year | -5.83 | 2 | $795.10M | +23.7% |
Analyst targets & ownership
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Short interest
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jul 21, 26 | Susquehanna | MAINTAINED | Neutral | Neutral |
| Feb 5, 26 | Piper Sandler | MAINTAINED | Overweight | Overweight |
| Jan 22, 26 | Susquehanna | MAINTAINED | Neutral | Neutral |
| Oct 22, 25 | Susquehanna | MAINTAINED | Neutral | Neutral |
| Jul 22, 25 | Susquehanna | MAINTAINED | Neutral | Neutral |
| May 9, 25 | Piper Sandler | MAINTAINED | Overweight | Overweight |
| May 9, 25 | Citigroup | DOWNGRADE | Neutral | Sell |
| May 9, 25 | JP Morgan | DOWNGRADE | Neutral | Underweight |
| Apr 2, 25 | Goldman Sachs | MAINTAINED | Buy | Buy |
| Jan 30, 25 | Canaccord Genuity | MAINTAINED | Buy | Buy |
| Jan 30, 25 | B of A Securities | MAINTAINED | Underperform | Underperform |
| Jan 30, 25 | Goldman Sachs | MAINTAINED | Buy | Buy |
SEC filings
Headlines
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.