Bolton managed to hold off a fast-finishing Wolves to go fifth on the table and continue their good recent run with a 3-2 win.
Things got off to a horror start for Wolves when Richard Stearman headed past his own goalkeeper Marcus Hahnemann to give Bolton the lead in the first minute.
Trotters got a second from Johan Elmander who turned in a crowd of defenders before finishing neatly in the 62nd minute before Stuart Holden made it 3-0 five minutes later when he slotted home a Lee Chung-yong pass.
Wolves got one back in the 69th minute when Kevin Foley angled past Jussi Jaaskelainen and then there was some real hope when Steven Fletcher nodded home with just over ten minutes left.
But it wasn't enough for Wolves to grab any points as they went equal at the bottom with West Ham United who drew 0-0 with Blackpool.
Wolverhampton Wanderers: 2 (Kevin Foley 69', Steven Fletcher 77') Bolton Wanderers: 3 (Richard Stearman (og) 1', Johan Elmander 62', Stuart Holden 67')
Venue: Molineux Stadium, Wolverhampton Crowd: 27,508 Referee: Peter Walton Yellow cards:WW - Stephen Hunt 25' BW - nil
Starting Line-Ups
Wolves Marcus Hahnemann (gk), Steven Mouyokolo, Richard Stearman, George Elokobi, Kevin Foley, Nenad Milijas, Karl Henry, Matthew Jarvis, Stephen Hunt (Fletcher 66'), Kevin Doyle, Sylvan Ebanks-Blake
Subs - Wayne Hennessey (gk), Steven Fletcher (66'), Marcus Bent, Michael Mancienne, Jelle van Damme, David Jones, Stephen Ward
BoltonJussi Jaaskelainen (gk), Zat Knight, Gary Cahill, Paul Robinson, Samuel Ricketts, Stuart Holden, Fabrice Muamba, Matthew Taylor (Petrov 82'), Lee Chung-Yong, Johan Elmander (Klasnic 75'), Kevin Davies
Subs - Adam Bogdan (gk), Ivan Klasnic (75'), Martin Petrov (82'), Robbie Blake, Mark Davies, Rodrigo, Marcos Alonso
