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![unusual_whales Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1200616796295847936.png) unusual_whales [@unusual_whales](/creator/twitter/unusual_whales) on x 2.4M followers
Created: 2025-05-20 21:32:00 UTC

Wolfspeed $WOLF is filling for bankruptcy.

To say options sentiment was bearish on this is an understatement.

Today's net premium, NEGATIVE $XXX MILLION!

Most active chains $WOLF $X puts expiring 07/18/2025.

People have been trading the companies downfall for a while, but WENT INCREDIBLY HEAVY today, before the news.

People knew, and kept trading it.

![](https://pbs.twimg.com/media/GrbBeFabAAIQpEK.jpg)

XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1924941199754068139/c:line.svg)

**Related Topics**
[Sentiment](/topic/sentiment)
[$wolf](/topic/$wolf)

[Post Link](https://x.com/unusual_whales/status/1924941199754068139)