TeraWulf (WULF) Surges 22.32% on AI Expansion and Google Backing – Is This the New Paradigm for Crypto Miners?

Summary
• TeraWulf’s stock rockets 22.32% intraday, hitting a 52-week high of $17.05
• Google’s 14% stake and a $9.5B AI joint venture with Fluidstack drive momentum
• Options frenzy: 1771 contracts traded on the $16 call ahead of Nov 7 expiration

TeraWulf (WULF) has ignited a market frenzy, surging 22.32% to $16.69 in a single trading session. The stock’s meteoric rise follows a landmark $9.5 billion AI infrastructure deal with Fluidstack and Google’s strategic $1.3 billion debt backing. With turnover hitting 68.67 million shares and options volatility spiking to 114%, the stock’s trajectory now hinges on execution risks and AI demand trends.

AI Expansion and Google Backing Ignite TeraWulf's 22.32% Surge
TeraWulf’s explosive move stems from a 25-year, $9.5 billion AI hosting agreement with Fluidstack, expanding its HPC capacity to 510 MW. Google’s $1.3 billion debt collateral and 14% equity stake in 2025 further validate the pivot. The deal positions WULF as a hybrid crypto-AI infrastructure player, leveraging its Texas campus for high-density compute. Analysts highlight the strategic shift from pure-play mining to diversified digital infrastructure, with preliminary Q3 revenue of $48–$52 million signaling operational traction.

Options Playbook: Capitalizing on WULF’s AI-Driven Volatility
• 200-day average: $5.95 (far below) • RSI: 60.01 (neutral) • MACD: 0.72 (bullish divergence) • Bollinger Bands: $10.72–$15.52 (current price at upper band)

Top Option 1: WULF20251107C16
• Code: WULF20251107C16 • Type: Call • Strike: $16 • Expiry: 2025-11-07 • IV: 108.54% • Leverage: 10.36% • Delta: 0.6267 • Theta: -0.0864 • Gamma: 0.1204 • Turnover: 269,066
• IV: High volatility expectation • Leverage: Moderate gearing • Delta: Strong directional bias • Theta: Aggressive time decay • Gamma: High sensitivity to price swings • Turnover: High liquidity
• This call thrives on a 5% upside (target $17.52), yielding a 387.88% return. Ideal for aggressive bulls betting on AI infrastructure execution.

Top Option 2: WULF20251107C16.5
• Code: WULF20251107C16.5 • Type: Call • Strike: $16.5 • Expiry: 2025-11-07 • IV: 104.17% • Leverage: 12.83% • Delta: 0.5631 • Theta: -0.0835 • Gamma: 0.1306 • Turnover: 152,678
• IV: Elevated volatility • Leverage: Balanced risk/reward • Delta: Moderate directional exposure • Theta: Significant time decay • Gamma: High responsiveness • Turnover: Strong liquidity
• A 5% move to $17.52 generates 348.28% returns. This contract balances leverage and liquidity for mid-term AI optimism.

Action: Aggressive bulls may consider WULF20251107C16 into a breakout above $17.50, while cautious buyers might target WULF20251107C16.5 for a measured AI-driven rally.

Backtest TeraWulf Stock Performance
I have completed the event-study back-test you requested.Below you will find an interactive visual report that summarises how TeraWulf (WULF.O) traded after every session in which its intraday high price jumped at least 22 % above the prior close (January 2022 – 28 Oct 2025, 20 qualifying events).How to read the module:• It provides win-rate and average excess-return curves for 1–30 trading days after each event versus a close-price benchmark. • Hover over any point to see exact statistics.Key take-aways:1. Short-term follow-through is modest – median 1-day gain is only +1.6 %, and none of the horizons show statistically significant alpha. 2. Performance deteriorates after ~10 trading days; by 30 days the average event shows an –11.5 % drawdown while the benchmark is +10.3 %. 3. Win-rate falls from ~60 % in the first week to ~25 % by day 30, suggesting initial strength fades quickly.Let me know if you’d like deeper cuts (e.g., add stop-loss rules, segment by market regime) or move on to a trading-strategy back-test.

TeraWulf's AI Bet: Ride the Wave or Watch the Volatility?
TeraWulf’s AI pivot has created a high-stakes inflection point. While the $9.5B Fluidstack deal and Google’s backing validate its strategic shift, execution risks—such as construction delays or AI demand softness—loom large. The stock’s 52-week high at $17.05 and 200-day average of $5.95 suggest a volatile path ahead. With Amazon (AMZN) up 0.96% as the IT sector leader, investors should monitor WULF’s ability to maintain its 510 MW pipeline. Act now: Target WULF20251107C16 if $17.50 breaks, or watch for a pullback to the $14.63 intraday low as a potential entry.