QBTS - Options Database

QBTS

D-WAVE QUANTUM INC

$22.53 -4.13%

$22.56 (+0.13%)🌙

as of 07/02 06:54 PM

(7/1 18:54) ◀

Thursday, July 2, 2026 (6:54pm)

▶ (7/6 18:53)

◀ 7/2 18:54 ▶

Option Volume

Detail

ℹ

Current (07/02) 62,217

Calls: 39,239 (63%)

Puts: 22,978 (37%)

Prior (07/01) 32,112

Calls: 21,190 (66%)

Puts: 10,922 (34%)

Current vs Prior +93.75%

Calls: +85.18% (Calls)

Puts: +110.38% (Puts)

Prior 7-Day Total 359,944

Calls: 252,530 (70%)

Puts: 107,414 (30%)

Prior 7-Day Average 51,420

Calls: 36,075 (70%)

Puts: 15,344 (30%)

Current vs Prior 7-Day Avg +21.00%

Calls: +8.77%

Puts: +49.74%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/02) $8.65M

Calls: $4.97M (57%)

Puts: $3.68M (43%)

Prior (07/01) $6.96M

Calls: $3.09M (44%)

Puts: $3.87M (56%)

Current vs Prior +24.28%

Calls: +60.98%

Puts: -4.98%

Prior 7-Day Total $57.14M

Calls: $34.06M (60%)

Puts: $23.08M (40%)

Prior 7-Day Average $8.16M

Calls: $4.87M (60%)

Puts: $3.30M (40%)

Current vs Prior 7-Day Avg +5.91%

Calls: +2.09%

Puts: +11.55%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/02) 0.59

Prior (07/01) 0.52

Current vs Prior +13.61%

Prior 7-Day Average 0.45

Current vs Prior 7-Day Avg +31.03%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/02) 431,063

Calls: 252,047 (58%)

Puts: 179,016 (42%)

Prior (07/01) 315,605

Calls: 217,204 (69%)

Puts: 98,401 (31%)

Current vs Prior +36.58%

Prior 7-Day Total 2,591,824

Calls: 1,434,925 (65%)

Puts: 773,266 (35%)

Prior 7-Day Average 370,260

Calls: 239,154 (65%)

Puts: 128,877 (35%)

Current vs Prior 7-Day Avg +16.42%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (07/02) | Next (07/10)Expiry (07/17) | Next (08/21)

Current 2.88% | 12.12%16.38% | 32.53%

Prior 4.64% | 11.83%-- | --

Current vs Prior +161.24% | +38.45%-- | --

Prior 7-Day Avg 8.13% | 13.89%-- | --

Current vs 7-Day Avg +48.98% | +17.92%-- | --

Prior 7-Day Eod 4.64% | 11.83%-- | --

Current vs 7-Day Eod +161.24% | +38.45%-- | --

Sentiment BEARISH--

Relative Spread

Detail

ℹ

Expiry | Next

Current 3.77% | 6.71%

Calls: 3.13% | 7.21%

Puts: 4.41% | 6.22%

Prior 3.77% | 6.71%

Calls: 3.13% | 7.21%

Puts: 4.41% | 6.22%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 7.60% | 9.53%

Calls: 8.78% | 9.79%

Puts: 7.95% | 10.40%

Current vs 7-Day Avg -50.39% | -29.58%

Liquidity Acceptable

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🤖 AI Insights

Above-average activity with volume up 94% vs prior. Bullish P/C ratio of 0.59. Rising open interest (up 37%) indicates new positions being established.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BEARISH

7-Day Avg BULLISH

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BEARISH

7-Day Avg BEARISH

📈 Options Analysis

🎯 Tightest Spreads

💰 Best Value Under $1

📊 High Delta (ITM)

🔥 High Volume

⏰ Backwardation

📈 Debit Spreads

📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

🦋 Butterflies

⚖️ Ratio Spreads

🛡️ Covered Calls

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 23 of results (avg 7.0%, best 4.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$25.00	Jul 10	0.42	0.44	$0.43	4.7%	1.2K	0.25	598
$23.00	Jul 10	1.00	1.05	$1.02	4.9%	508	0.47	206
$25.00	Jul 17	0.85	0.90	$0.88	5.7%	799	0.33	4.8K
$22.50	Jul 10	1.20	1.29	$1.25	7.2%	265	0.53	86
$24.50	Jul 10	0.50	0.55	$0.53	9.4%	437	0.29	288

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$25.00	Jul 17	3.20	3.35	$3.28	4.6%	60	0.67	4.0K
$21.00	Jul 17	0.95	1.00	$0.98	5.1%	541	0.32	3.0K
$23.00	Jul 17	1.90	2.00	$1.95	5.1%	2.7K	0.51	4.9K
$25.00	Jul 24	3.55	3.75	$3.65	5.5%	76	0.62	197
$23.50	Jul 10	1.73	1.83	$1.78	5.6%	290	0.59	161

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 16 found (avg $0.67, cheapest $0.18)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$27.00	Jul 10	0.16	0.19	$0.18	16.7%	359	0.12	1.2K
$25.50	Jul 10	0.31	0.37	$0.34	17.6%	334	0.21	233
$25.00	Jul 10	0.42	0.44	$0.43	4.7%	1.2K	0.25	598
$24.50	Jul 10	0.50	0.55	$0.53	9.4%	437	0.29	288
$24.00	Jul 10	0.63	0.71	$0.67	11.9%	875	0.35	511

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$20.50	Jul 10	0.38	0.45	$0.42	16.7%	74	0.22	85
$20.00	Jul 17	0.60	0.70	$0.65	15.4%	112	0.23	4.0K
$19.00	Jul 24	0.60	0.70	$0.65	15.4%	16	0.20	197
$21.50	Jul 10	0.70	0.80	$0.75	13.3%	169	0.34	227
$20.50	Jul 17	0.75	0.86	$0.81	13.6%	5	0.28	283

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 86 found (avg delta 0.72, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$19.50	Jul 2	2.77	3.30	$3.04	17.4%	8	0.99	--
$20.00	Jul 2	2.03	3.10	$2.57	41.6%	90	0.99	188
$20.50	Jul 2	1.71	2.50	$2.11	37.4%	1	0.99	--
$19.00	Jul 2	3.15	4.10	$3.63	26.2%	6	0.96	74
$18.50	Jul 2	3.65	4.75	$4.20	26.2%	6	0.96	29

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$23.00	Jul 2	0.33	0.70	$0.52	71.2%	992	1.00	1.2K
$23.50	Jul 2	0.70	1.25	$0.98	56.1%	627	1.00	494
$24.00	Jul 2	1.06	1.57	$1.32	38.6%	5.4K	1.00	470
$24.50	Jul 2	1.40	2.49	$1.95	55.9%	723	1.00	600
$25.00	Jul 2	1.95	2.89	$2.42	38.8%	231	1.00	629

Most actively traded options today. High liquidity = easy entry/exit. 192 active (total vol 46.4K, top 5.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$24.00	Jul 2	0.00	0.01	$0.01	100.0%	3.3K	0.02	2.5K
$25.00	Jul 2	0.00	0.01	$0.01	100.0%	2.4K	0.01	3.6K
$23.00	Jul 2	0.00	0.01	$0.01	100.0%	2.3K	0.05	534
$19.00	Jul 10	3.60	4.25	$3.93	16.5%	1.6K	0.92	118
$26.00	Jul 17	0.58	0.84	$0.71	36.6%	1.4K	0.28	3.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$24.00	Jul 2	1.06	1.57	$1.32	38.6%	5.4K	1.00	470
$23.00	Jul 17	1.90	2.00	$1.95	5.1%	2.7K	0.51	4.9K
$22.50	Jul 2	0.01	0.14	$0.08	162.5%	1.0K	0.42	610
$23.00	Jul 2	0.33	0.70	$0.52	71.2%	992	1.00	1.2K
$22.00	Jul 10	0.91	1.01	$0.96	10.4%	968	0.40	307

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 36 strikes (avg 664.5%, max 1768.2%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$18.50	Jul 2	Jul 17	1588.0%	85.0%	1768.2%	7	29
$26.50	Jul 2	Jul 31	1549.0%	108.0%	1334.3%	176	1.4K
$19.00	Jul 2	Aug 7	1348.0%	99.0%	1261.6%	7	74
$21.00	Jul 2	Jul 31	934.0%	91.0%	926.4%	9	64
$26.00	Jul 2	Aug 7	1031.0%	102.0%	910.8%	666	2.7K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$18.50	Jul 2	Aug 7	1588.0%	98.0%	1520.4%	25	20
$26.50	Jul 2	Jul 10	1549.0%	98.0%	1480.6%	18	108
$19.00	Jul 2	Aug 7	1348.0%	99.0%	1261.6%	6	167
$26.00	Jul 2	Aug 14	1031.0%	92.0%	1020.7%	95	172
$27.00	Jul 2	Jul 31	991.0%	100.0%	891.0%	11	26

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 91 found (best R:R 4.00, avg 1.69)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$26.50	$27.00	Jul 2	$0.10	$0.40	$0.10	4.00	$26.60
$24.50	$25.00	Jul 10	$0.10	$0.40	$0.10	4.00	$24.60
$25.00	$25.50	Jul 24	$0.11	$0.39	$0.11	3.55	$25.11
$26.00	$27.00	Aug 7	$0.22	$0.78	$0.22	3.55	$26.22
$22.50	$23.00	Jul 2	$0.12	$0.38	$0.12	3.17	$22.62

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$20.00	$19.50	Jul 10	$0.10	$0.40	$0.10	4.00	$19.90
$20.50	$20.00	Jul 10	$0.11	$0.39	$0.11	3.55	$20.39
$21.00	$20.50	Jul 2	$0.12	$0.38	$0.12	3.17	$20.88
$19.50	$19.00	Aug 7	$0.13	$0.37	$0.13	2.85	$19.37
$22.00	$21.50	Aug 7	$0.13	$0.37	$0.13	2.85	$21.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 110 found (best R:R 4.00, avg 1.13)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$22.00	$22.50	Jul 10	$0.40	$0.40	$0.10	4.00	$22.40
$21.00	$21.50	Jul 2	$0.39	$0.39	$0.11	3.55	$21.39
$20.50	$21.50	Jul 17	$0.78	$0.78	$0.22	3.55	$21.28
$19.00	$19.50	Jul 17	$0.38	$0.38	$0.12	3.17	$19.38
$20.50	$21.00	Jul 10	$0.36	$0.36	$0.14	2.57	$20.86

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$25.00	$24.50	Jul 10	$0.40	$0.40	$0.10	4.00	$24.60
$26.00	$25.50	Jul 10	$0.38	$0.38	$0.12	3.17	$25.62
$27.00	$26.00	Jul 17	$0.73	$0.73	$0.27	2.70	$26.27
$24.00	$23.50	Jul 10	$0.36	$0.36	$0.14	2.57	$23.64
$27.00	$24.50	Jul 31	$1.77	$1.77	$0.73	2.42	$25.23

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 34 found (avg debit $0.54, cheapest $0.08)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$26.50	Jul 2	Jul 10	$0.13	1549.0%	98.0%
$27.00	Jul 2	Jul 10	$0.17	991.0%	97.0%
$20.00	Jul 2	Jul 10	$0.26	711.0%	93.0%
$26.00	Jul 2	Jul 10	$0.27	1031.0%	97.0%
$19.00	Jul 2	Jul 10	$0.30	1348.0%	88.0%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$19.00	Jul 2	Jul 10	$0.08	1348.0%	88.0%
$26.00	Jul 2	Jul 10	$0.15	1031.0%	97.0%
$27.00	Jul 2	Jul 10	$0.17	991.0%	97.0%
$19.50	Jul 2	Jul 10	$0.20	840.0%	91.0%
$26.50	Jul 2	Jul 10	$0.21	1549.0%	98.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 81 found (cheapest 0.93% of stock, avg 17.51%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$22.50	Jul 2	$0.13	$0.08	$0.21	$22.29	$22.71	0.93%
$22.00	Jul 2	$0.44	$0.04	$0.48	$21.52	$22.48	2.13%
$23.00	Jul 2	$0.01	$0.52	$0.53	$22.47	$23.53	2.35%
$23.50	Jul 2	$0.01	$0.98	$0.99	$22.51	$24.49	4.39%
$21.50	Jul 2	$1.11	$0.08	$1.19	$20.31	$22.69	5.28%
$24.00	Jul 2	$0.01	$1.32	$1.33	$22.67	$25.33	5.90%
$21.00	Jul 2	$1.50	$0.13	$1.63	$19.37	$22.63	7.23%
$24.50	Jul 2	$0.01	$1.95	$1.96	$22.54	$26.46	8.70%
$20.50	Jul 2	$2.11	$0.01	$2.12	$18.38	$22.62	9.41%
$25.00	Jul 2	$0.01	$2.42	$2.43	$22.57	$27.43	10.79%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 133 found (cheapest 0.67% of stock, avg 13.71%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$26.50	$22.00	Jul 2	$0.11	$0.04	$0.15	$21.85	$26.65
$26.50	$22.50	Jul 2	$0.11	$0.08	$0.19	$22.31	$26.69
$26.50	$21.50	Jul 2	$0.11	$0.08	$0.19	$21.31	$26.69
$26.50	$21.00	Jul 2	$0.11	$0.13	$0.24	$20.76	$26.74
$25.00	$20.50	Jul 10	$0.43	$0.42	$0.85	$19.65	$25.85
$24.50	$20.50	Jul 10	$0.53	$0.42	$0.95	$19.55	$25.45
$25.00	$21.00	Jul 10	$0.43	$0.58	$1.01	$19.99	$26.01
$24.00	$20.50	Jul 10	$0.67	$0.42	$1.09	$19.41	$25.09
$24.50	$21.00	Jul 10	$0.53	$0.58	$1.11	$19.89	$25.61
$25.00	$21.50	Jul 10	$0.43	$0.75	$1.18	$20.32	$26.18

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 117 found (best R:R 14.00, avg credit $0.45)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
22/23	24/25	Aug 14	$1.40	$0.10	14.00	$21.60	$25.90
24/25	26/27	Aug 7	$0.89	$0.11	8.09	$24.11	$26.89
20/21	23/24	Jul 17	$0.40	$0.10	4.00	$20.60	$23.40
22/22	24/24	Jul 24	$0.40	$0.10	4.00	$22.10	$24.40
20/21	22/23	Jul 10	$0.39	$0.11	3.55	$20.61	$22.89
19/20	22/23	Jul 17	$0.39	$0.11	3.55	$19.11	$22.89
20/20	23/24	Jul 17	$0.39	$0.11	3.55	$20.11	$23.39
22/22	24/24	Jul 17	$0.39	$0.11	3.55	$21.61	$24.39
22/22	24/25	Jul 17	$0.39	$0.11	3.55	$22.11	$24.89
22/23	25/26	Jul 24	$0.39	$0.11	3.55	$22.61	$25.39

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 51 found (best R:R 15.67, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$25.00	$26.00	$27.00	Aug 7	$0.06	$0.94	15.67
$26.00	$26.50	$27.00	Jul 24	$0.05	$0.45	9.00
$22.50	$23.00	$23.50	Jul 24	$0.06	$0.44	7.33
$25.50	$26.00	$26.50	Jul 2	$0.08	$0.42	5.25
$22.00	$22.50	$23.00	Jul 24	$0.08	$0.42	5.25

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$20.00	$21.00	$22.00	Jul 24	$0.10	$0.90	9.00
$25.00	$25.50	$26.00	Jul 24	$0.05	$0.45	9.00
$23.00	$23.50	$24.00	Jul 10	$0.06	$0.44	7.33
$19.50	$20.00	$20.50	Jul 17	$0.06	$0.44	7.33
$22.00	$22.50	$23.00	Aug 7	$0.07	$0.43	6.14

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 36 found (best net $-1.52, 30 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$19.00	$22.00	1:2	Aug 7	-$1.56	$1.44
$26.50	$27.00	1:2	Jul 10	-$0.12	$0.38
$26.00	$26.50	1:2	Jul 10	-$0.18	$0.32
$26.00	$26.50	1:2	Jul 2	-$0.19	$0.31
$19.00	$21.00	1:2	Jul 24	-$1.71	$0.29

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$26.00	$23.00	1:2	Aug 14	-$1.52	$1.48
$27.00	$24.50	1:2	Jul 31	-$1.66	$0.84
$20.00	$19.00	1:2	Jul 24	-$0.30	$0.70
$19.00	$18.50	1:2	Jul 2	-$0.06	$0.44
$23.50	$23.00	1:2	Jul 2	-$0.06	$0.44

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 47 found (best yield 10.39%, avg 5.01%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$23.00	Aug 7	$2.34	0.55	2.1%	10.39%	12.47%	10	5
$23.50	Aug 7	$2.13	0.52	4.3%	9.45%	13.76%	9	10
$24.00	Aug 7	$2.04	0.49	6.5%	9.05%	15.58%	13	50
$23.00	Aug 14	$1.99	0.59	2.1%	8.83%	10.92%	1	--
$23.50	Jul 31	$1.86	0.49	4.3%	8.26%	12.56%	4	48
$23.50	Aug 14	$1.79	0.55	4.3%	7.94%	12.25%	8	--
$24.00	Jul 31	$1.75	0.46	6.5%	7.77%	14.29%	193	175
$24.50	Aug 7	$1.74	0.46	8.7%	7.72%	16.47%	3	13
$23.00	Jul 24	$1.73	0.51	2.1%	7.68%	9.76%	41	76
$23.00	Jul 31	$1.71	0.51	2.1%	7.59%	9.68%	34	115

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Current Put/Call Breakdown

Total Calls 39,239

Total Puts 22,978

Put/Call Ratio 0.59

Net Difference 16,261

Prior's Put/Call Breakdown

Total Calls 21,190

Total Puts 10,922

Put/Call Ratio 0.52

Net Difference 10,268

Prior 7-Day Put/Call Summary

Total Calls 252,530

Total Puts 107,414

Average Put/Call Ratio 0.45

Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

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📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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