I suggest putting tons of melee damage and stamina into a lighting wyvern if you have one. Then go out and look for a deathworm which can only be found underground then agroed to come up and fight in the desert areas of Scorched Earth and Ragnorok. Dont worry if you dont have that high of a level wyvern. A 100 would be good and besides deathworms only spawn at level one or at least thats what i have noticed.Once you are ready, go to the Deathworm and kill it once that's fine
go to its inventory and collect what you deserve.
Interestingly if you come into an assumed view range of a Deathworm a bug, Pune not intended, allows the Deathworm to be seen for a brief second, allowing one to prepare against either attack or attacking the monster.
On Ragnarok I had the 'best' surprise ever and encountered one not knowing what the heck was happening I was gathering meat from killing animals and noticed some dust following me I stayed to see what it was and a giant worm appeared and killed my pteranodon and me along with it