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Options Traders Are All Over This Struggling Chip Stock
WolfspeedWolfspeed(US:WOLF) Schaeffers Investment Research·2025-10-31 20:00

Wolfspeed stock has seen almost exclusively puts traded in the last 10 daysOne of the worst stocks on Wall Street that hardly anybody talked about yesterday was Wolfspeed Inc (NYSE:WOLF), which dropped 18.2% to close at $26.16. The chipmaker reported worse-than-expected fiscal first-quarter revenue, and also issued a dismal fiscal second-quarter revenue outlook. This marked the company's first  quarterly report since it filed for Chapter 11 bankruptcy on June 30, but options traders weren't buying it.WOLF m ...