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The Wave (2020) movie poster

Characters & Themes

The Wave (2020) Characters, Setting & Themes Explained

Release, runtime and language
2020 · 90 min · English
Echo score 60
JustWatch #5,714 15
Starring
Sarah Minnich, Tommy Flanagan, Justin Long, Sheila Vand, Donald Faison, Bill Sage

Following a chaotic celebratory evening, Frank finds himself in a disorienting, hallucinatory state where reality and fantasy become indistinguishable. He's compelled on a bizarre journey through unusual locations – from corporate boardrooms to vibrant nightclubs – as he searches for a missing girl, his lost identity, and the mystery surrounding his stolen wallet. The experience forces him to confront unsettling truths about himself and the world around him.

On this page (8)
  1. 1 Where to watch
  2. 2 Characters explained (8)
  3. 3 Where & when it takes place
  4. 4 Themes & meaning (3)
  5. 5 Character & meaning questions
  6. 6 Movie threads
  7. 7 Movies like The Wave
  8. 8 Every angle

Where to watch

Where to Watch The Wave (2020)

Where can you watch The Wave? Stream, rent or buy it in the US, including on Amazon Prime Video, Fawesome and Amazon MX Player: current JustWatch availability with up-to-date prices.

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8 main characters · contains spoilers

The Wave Characters Explained: Who Is Who

The main characters of The Wave (2020), heroes and villains: what drives them, how they change over the course of the story and what each of them reveals about the film's bigger ideas.

  • Frank (Justin Long)

    An insurance lawyer who climbs the corporate ladder through ethically questionable means. His arrogance and penchant for control gradually give way to guilt as he experiences a time-twisting journey that forces him to reevaluate his actions and their impact on others. He wrestles with the ethical cost of his career.

    • 💼
    • 🧭
    • 🔎
  • Cheryl (Sarah Minnich)

    Frank’s wife, financially lavish and resistant to Frank's changes; she becomes a casualty of their spending and a symbol of the personal cost of corporate ambition. She is caught in the consequences as their wealth is depleted and relationships strain.

    • 💸
    • 🏠
    • 💔
  • Theresa (Sheila Vand)

    A mysterious woman with whom Frank shares a dangerous night and a strange connection through the drug-induced journey; her role shifts as the events unfold and reality bends around the couple.

    • 💃
    • 🌀
    • 🔮
  • Natalie (Katia Winter)

    A confident party-goer who becomes an ally in Frank’s attempt to find the drug dealer and navigate the surreal events. She embodies the alluring but dangerous world Frank is pulled into.

    • ✨
    • 🕺
    • 🔎
  • Jeff (Donald Faison)

    Frank’s coworker and accomplice in the party scene; he accompanies Frank through the bizarre night and shares in the fallout of the events.

    • 💼
    • 🗣️
    • 🤝
  • Ritchie (Ronnie Gene Blevins)

    A drug dealer who becomes entwined in Frank and Natalie’s misadventures, exposing the danger and corruption behind the drug trade and the consequences of indulging in supply.

    • 💊
    • 🕳️
    • ⚖️
  • Aeolus (Tommy Flanagan)

    A charismatic figure who supplies the hallucinogen, guiding Frank through the world of visions and time travel; his presence frames the mysterious, otherworldly element of the night.

    • 🧪
    • 🔮
    • 🌀
  • Not Theresa (Jocelyn Montoya)

    A different woman who appears as Theresa later in the sequence, representing the shifting identities and the dreamlike nature of Frank’s journey.

    • 🚪
    • 🪞
    • 👥

Last updated: January 08, 2026 at 11:59

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Setting

Where and When Does The Wave Take Place?

The setting of The Wave (2020): the year and time period, the places and locations, and how they shape the characters, the mood and the tension of the story.

Time period

Location

El Madrid club, Frank's corporate office, Richie's residence, house party venue, street outside El Madrid club

El Madrid club anchors the nighttime setting where Frank and friends encounter Aeolus. The corporate office scenes show Frank under pressure to present a $4M policy while advancing at work. Richie's residence and the house party backdrop reveal a seedy underbelly where drugs, violence, and the surreal journey intertwine. The action tracks through city streets and a taxi ride, underscoring the movie's journey across space and time.

  • 🏙️ Urban
  • 🎭 Nightlife
  • 💼 Corporate

Last updated: January 08, 2026 at 11:59

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3 major themes

The Wave Meaning: Themes & Message Explained

What is The Wave (2020) really about? The emotional, social and philosophical themes the film keeps returning to, its symbolism and the message beneath the surface.

  • Time and Consequence

    Frank’s experience unfolds through shifting time frames triggered by the hallucinogenic journey. The story cycles across days and moments, revealing how a single decision can ripple into major moral consequences. The time-travel mechanism forces Frank to confront the victims of his corporate actions and seek balance.

  • Corporate Morality

    The narrative critiques corporate greed and its impact on ordinary people. Frank starts the story colluding with a system that dispossesses families for profit, but his journey of redemption reveals the harm caused by such practices. The film uses his transformation to question what is earned at others' expense.

  • Reality vs Illusion

    Hallucinogenic episodes and teleporting clocks blur the line between real life and dreams. Characters shift identities and the environment morphs as Frank navigates a world where perception can be manipulated. The theme emphasizes how beliefs and guilt shape one’s sense of reality.

Last updated: January 08, 2026 at 11:59

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Character & theme questions

The Wave Characters & Meaning: Your Questions Answered

The questions people ask about The Wave (2020): who the characters really are, their relationships, what the symbols mean, where it takes place and what the movie is really about. Each answer contains spoilers.

Q1

What is the El Madrid club and why is it important to the story?

El Madrid serves as the primary nighttime setting where Frank and his friends encounter Aeolus, the mysterious hallucinogen supplier. The club represents the transition point where Frank enters the surreal, drug-induced journey that drives the narrative. It's portrayed as a vibrant nightlife hub that anchors the story's urban, atmospheric environment.

  • el madrid club
  • nightclub
  • setting
  • aeolus
Q2

What role does Frank's corporate office play in the film?

Frank's corporate office is where he works as an insurance lawyer, presenting a $4M policy and climbing the corporate ladder through ethically questionable means. The office scenes contrast sharply with the chaotic nightlife, representing the corporate world Frank is entangled in and the moral cost of his career ambition.

  • corporate office
  • insurance lawyer
  • workplace
Q3

How does the film explore reality vs illusion?

The film uses hallucinogenic episodes and teleporting clocks to blur the line between real life and dreams. Characters shift identities and environments morph as Frank navigates a world where perception can be manipulated. This theme emphasizes how beliefs and guilt shape one's sense of reality throughout his journey.

  • reality vs illusion
  • hallucination
  • perception
  • dreamlike
Q4

What does the film say about corporate morality?

The narrative critiques corporate greed and its impact on ordinary people. Frank begins the story colluding with a system that dispossesses families for profit, but his transformative journey reveals the harm caused by such practices. The film uses his redemption arc to question what is earned at others' expense.

  • corporate greed
  • corporate morality
  • ethics
  • redemption
Q5

How does time and consequence factor into the story?

Frank's experience unfolds through shifting time frames triggered by the hallucinogenic journey. The story cycles across days and moments, revealing how a single decision can ripple into major moral consequences. The time-travel mechanism forces Frank to confront the victims of his corporate actions and seek balance.

  • time travel
  • consequences
  • moral choices
  • time frames
Q6

Who is Frank and what drives him?

Frank is an insurance lawyer portrayed by Justin Long who climbs the corporate ladder through ethically questionable means. His arrogance and penchant for control gradually give way to guilt as he experiences a time-twisting journey that forces him to reevaluate his actions and their impact on others. He wrestles with the ethical cost of his career.

  • frank
  • justin long
  • insurance lawyer
  • corporate ambition
Q7

Who is Aeolus and what is his significance?

Aeolus, played by Tommy Flanagan, is a charismatic figure who supplies the hallucinogen that triggers Frank's surreal journey. He guides Frank through the world of visions and time travel, framing the mysterious, otherworldly element of the night. His presence represents the dangerous, transformative power of the drug-induced experience.

  • aeolus
  • tommy flanagan
  • drug dealer
  • hallucinogen
Q8

Who is Theresa and what is her role in the story?

Theresa, played by Sheila Vand, is a mysterious woman with whom Frank shares a dangerous night and a strange connection through the drug-induced journey. Her role shifts as events unfold and reality bends around the couple, representing the unpredictable, dreamlike nature of Frank's experience.

  • theresa
  • sheila vand
  • mysterious woman
Q9

Who is Natalie and what role does she play?

Natalie, played by Katia Winter, is a confident party-goer who becomes an ally in Frank's attempt to find the drug dealer and navigate the surreal events. She embodies the alluring but dangerous world Frank is pulled into during his hallucinogenic journey.

  • natalie
  • katia winter
  • party goer
  • ally
Q10

Who is Ritchie and what is his function in the narrative?

Ritchie, played by Ronnie Gene Blevins, is a drug dealer who becomes entwined in Frank and Natalie's misadventures. He exposes the danger and corruption behind the drug trade and the consequences of indulging in substance supply, representing the criminal underworld Frank stumbles into.

  • ritchie
  • ronnie gene blevins
  • drug dealer
  • criminal underworld
Q11

Who is Cheryl and what does she represent?

Cheryl, played by Sarah Minnich, is Frank's wife who is financially lavish and resistant to Frank's changes. She becomes a casualty of their spending and symbolizes the personal cost of corporate ambition. She is caught in the consequences as their wealth is depleted and relationships strain.

  • cheryl
  • sarah minnich
  • wife
  • corporate ambition cost
Q12

What kind of world does the film take place in?

The film takes place in a contemporary urban setting spanning corporate boardrooms, vibrant nightclubs, city streets, and residential spaces. The world contrasts the polished corporate environment with a seedy underbelly where drugs, violence, and surreal events intertwine, creating a journey across both physical spaces and psychological states.

  • urban setting
  • nightlife
  • contemporary
  • city streets
Q13

What makes the narrative structure unique?

The narrative employs a VERY_COMPLEX, fractured structure with non-linear storytelling. Time travel and hallucinations blur past, present, and possible futures, creating a disorienting experience that mirrors Frank's drug-induced state. The constant shifts between locations and timelines reflect his psychological unraveling.

  • non-linear narrative
  • time travel
  • fragmented story
  • psychological
Q14

What is the overall tone and emotional impact of the film?

The film maintains an overwhelmingly TENSE tone fueled by Frank's paranoia, danger from drug dealers, and surreal horrors of his corporate life. The emotional weight is HEAVY, dealing with existential dread, moral bankruptcy, and the severe consequences of one's actions. The ending is BITTERSWEET, offering redemption at a significant personal cost.

  • tone
  • tense
  • emotional weight
  • bittersweet ending

Movie threads

More Movies Like The Wave, by Mood & Story

Curated lists built around what makes The Wave tick: the same mood, the same kind of story or the same emotional payoff. Each list explains why these movies belong together.

Movies with drug-induced hallucinations like The Wave

Thrillers where altered states shatter the line between reality and nightmare. If you enjoyed the disorienting trip in The Wave, you'll find similar movies here. These thrillers explore drug-fueled paranoia, surreal journeys, and the psychological unraveling of characters forced to confront terrifying truths in a distorted reality.

  • hallucinatory
  • disorienting
  • paranoid
  • anxious
  • surreal
  • nightmarish
  • Tone: tense, paranoid, surreal
  • Pacing: fast, jarring
Why these movies?

The story pattern: The narrative pattern follows a protagonist thrust into a chaotic, non-linear experience after an event, often involving substances. The plot jumps between locations and timelines, mimicking a hallucinatory state, as the character searches for answers or escape while battling paranoia and a crumbling sense of self.

Why they belong together: These films are grouped by their shared high-intensity, anxious mood and a plot device that dissolves objective reality. They create a palpable sense of disorientation and paranoia, using fast or variable pacing to keep viewers as off-balance as the main character.

Bittersweet redemption thrillers like The Wave

Characters find a sliver of grace after navigating a nightmarish ordeal. Fans of The Wave's poignant ending will appreciate these movies. They follow characters on intense, often chaotic journeys where confronting personal demons leads to a costly but meaningful redemption, blending heavy emotional weight with a glimmer of hope.

  • redemption
  • existential
  • moral crisis
  • tense
  • bittersweet
  • heavy
  • Tone: tense, heavy, bittersweet
  • Pacing: fast, relentless
Why these movies?

The story pattern: The narrative follows a character arc of moral or existential crisis. The protagonist, initially self-centered or lost, is put through a wringer of chaotic events. The climax involves a selfless act or acceptance of responsibility, resulting in a bittersweet ending where redemption is achieved but at a significant personal cost.

Why they belong together: These films share a mix of high tension, heavy emotional themes, and a bittersweet resolution. The focus is on the character's internal transformation amidst external chaos, creating a powerful and emotionally resonant experience that balances despair with a fragile sense of hope.

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Movies Like The Wave

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Every angle

The Wave (2020) Explained: Plot, Timeline & Characters

Everything about The Wave in one place: what happens in the plot summary, the timeline in chronological order, the characters and meaning and a spoiler-free summary. What's After the Movie adds the cast, box office and post-credit scenes.

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