tl;dr: possible turnaround story, squeeze(same management company as carvana), data centers, price go up 📈
Position: 01/2027 $40c
I haven’t seem any posts about $wolf since it ran 150% this month. No ai slop writing, so look up the semiconductor company yourself.
- Low float, 45m. I can’t get an exact number but insider and institutional ownership seem to be higher than 100%
- They filed for bankruptcy in September 2025 and had a restructuring. The ticker symbol didn’t change, but with a cusip change, the straight line up on 09/29 doesn’t count.
- A major creditor is Apollo Global Management, a huge investment firm. One of the more recent turnaround success stories that involved Apollo was Carvana. It is now involved in 2 tech companies that i know of, Wolfspeed and Rackspace.
- Squeeze Information(I am unsure the exact numbers): ~25-50% short interest, 80% utilization, CTB is currently low, 8 days to cover. As of last week, the highest strike price on the options chain on every expiration was $45, which makes almost every call itm, although the chain doesn’t have a lot of volume.