It has emerged that Traore has an £18m release clause due to the fact Boro failed to get promoted back to the Premier League after losing in the Championship playoffs last season.
Should West Ham make a move?
Yet this is not the first reported interest in the winger from the top flight of English football, with the Daily Mail writing only last month that West Ham United were keeping tabs on the 22-year-old.
Wolves may have significant financial backing from their owners Fosun and great pulling power because of their links with super agent Jorge Mendes, but they are still a newly promoted club.
With Manuel Lanzini injured for the long term and Michail Antonio linked with Crystal Palace by the Mirror and Wales Online claiming Cardiff City are interested in Robert Snodgrass, reinforcements out wide could be a necessity at the London Stadium.