Wolves had to settle for a point in the top-of-the-table clash against leaders Leyton Orient.
Ethan Ebanks-Landell’s fourth-minute piledriver gave Kenny Jackett’s side the platform to produce their best first-half of the season in front of a seasonal best crowd of 28,598 that rocked Molineux.
But they didn’t make the most of their first-half dominance, and then couldn’t quite match the same levels after the break as Orient came back into it and equalised through centre-back Mattieu Baudry on 59.
Virtually all of Wolves’ chances came in the first half as the impressive Michael Jacobs was twice denied by keeper Jake Larkins and Jake Cassidy was twice off target.
Soon the break, Henry was inches away and clean-through Kevin McDonald was denied by Larkins.
But they failed to maintain the same tempo and Orient snatched a point.
Jackett made two changes from the side that beat Crewe 2-0 on Boxing Day as Ebanks-Landell and Bakary Sako replaced Scott Golbourne and Dave Edwards, who both dropped to the bench.
There was a place among the substitutes for 17-year-old Portuguese winger Eusebio Bancessi for the first time after a string of impressive performances for the Under-21s.
Wolves kicked off and went on to produce a first-half performance befitting the occasion of such a big crowd as they really took the game to the leaders.
They took the lead in the first attack of the game as Ebanks-Landell lashed an unstoppable shot into the roof of the net from 25 yards after advancing forward from right-back unmarked and receiving a square pass from McDonald to net his second goal for the club.
Wolves started in a 4-2-3-1 formation and it was the three attacking midfielders – Henry, Jacobs and Bakary Sako - who made all the running and caused the problems to Orient as the home side set off at a cracking tempo.
The most impressive of the trio, Jacobs, played as if he is desperate to have his stay extended at Molineux after a high-quality showing.
Jacobs found himself clean through after getting in behind the Orient defence in the ninth minute but from a narrowing angle, his shot was beaten away by keeper Jake Larkins.
Six minutes later the sight of Jacobs was a worrying one as he fell horribly going in for a far-post header from Sako’s cross.
Thankfully, the on-loan Derby winger got up quickly seemingly no worse for wear and went on to be his team’s best player in the opening period.
Henry’s 17th-minute corner was then flicked into the side-netting by Cassidy at the near post as Wolves continually looked to extend their adavantage.
Two minutes later, Henry, sliding in, just missed Jacobs’s cross before it took a last-ditch tackle by Os captain Nathan Clarke to deny Jacobs as he danced through the middle on 22.
A minute later, Jacobs was victim of a challenge that earned a booking for Lloyd James as Orient struggled to contain the tempo set by Wolves.
Wolves went close to a second goal in the 24th minute, Cassidy slightly off balance as he ended up screwing a foot wide after Larkins could only parry Jacobs’s 22-yard drive.
Four minutes later, we saw the first of Orient going forwards as Danny Batth deflected Marvin Bartley’s effort wide then Romain Vincelot sent a free header well over the bar from the resulting corner.
But Wolves soon returned to the attack and Cassidy glanced wide from Henry’s cross on 35.
Two minutes later, Jacobs’s first-time effort on the run in the inside right position was blocked by the sliding Vincelot after Henry threaded through the pass.
Wolves started the second half as they started the first – on the attack, having swapped Jack Price for Edwards, while Orient .
Henry advanced to lash inches wide on 47 before Sako, from an Orient corner headed away by Ebanks-Landell, put McDonald away for what should have been a second Wolves goal a minute later.
The Scottish playmaker raced away but his shot was parried by Larkins.
Wolves continued to attack and Sako appeared to be barged over by Baudry as he wriggled through deep in the box on 49.
Cassidy appeared to only need to slide in to reach Henry’s cross but he didn’t react quickly enough and the ball rolled agonisingly across goal.
Seconds later, Orient levelled against the run of play when Cox crossed from the right and Baudry bundled the ball home at the far post.
Wolves, roared on by a partisan crowd, tried to pick up the initiative again and Henry advanced only for his left-foot drive to fly a yard wide on 63.
That was the last notable piece of action for the on-loan Millwall winger as he was the man to be sacrificed for Leigh Griffiths in the 71st minute, an arrival the crowd had long been chanting for.
It meant Wolves went to a more orthodox 4-4-2 as Orient replaced striker Ronnie Simpson with Yohann Lasimant at the same time.
Wolves struggled to maintain their earlier tempo in the latter stages of the game and Orient began to come into the game more.
First Lasimant unleashed a first-time rising shot that flew over on 80 then, two minutes later, Moses Odubajo’s ambitious curler from on the goalline floated wide with Ikeme scrambling back after initially closing the winger down.
Wolves looked in need of fresh energy and ideas and finally, Kevin Doyle replaced Cassidy in the 85th minute.
But he couldn’t engineer another goal and Wolves will be the more disappointed side after failing to make the most of their chances.