QBTS - Options Database

QBTS

D-WAVE QUANTUM INC

$17.48 +3.99%

$17.39 (-0.51%)🌙

as of 09/24 07:01 PM

(9/23 16:01) ◀

Thursday, September 24, 2026 (7:01pm)

▶ (9/25 18:51)

◀ 9/24 19:01 ▶

Option Volume

Detail

ℹ

Current (09/24) 38,048

Calls: 29,692 (78%)

Puts: 8,356 (22%)

Prior (09/21) 43,432

Calls: 33,865 (78%)

Puts: 9,567 (22%)

Current vs Prior -12.40%

Calls: -12.32% (Calls)

Puts: -12.66% (Puts)

Prior 7-Day Total 293,542

Calls: 210,014 (72%)

Puts: 83,528 (28%)

Prior 7-Day Average 41,934

Calls: 30,002 (72%)

Puts: 11,932 (28%)

Current vs Prior 7-Day Avg -9.27%

Calls: -1.03%

Puts: -29.97%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/24) $2.97M

Calls: $2.02M (68%)

Puts: $947.6K (32%)

Prior (09/21) $4.56M

Calls: $3.18M (70%)

Puts: $1.38M (30%)

Current vs Prior -34.85%

Calls: -36.41%

Puts: -31.26%

Prior 7-Day Total $28.09M

Calls: $16.43M (58%)

Puts: $11.66M (42%)

Prior 7-Day Average $4.01M

Calls: $2.35M (58%)

Puts: $1.67M (42%)

Current vs Prior 7-Day Avg -26.02%

Calls: -13.88%

Puts: -43.12%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/24) 0.28

Prior (09/21) 0.28

Current vs Prior -0.38%

Prior 7-Day Average 0.43

Current vs Prior 7-Day Avg -34.17%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/24) 401,785

Calls: 264,581 (66%)

Puts: 137,204 (34%)

Prior (09/21) 389,407

Calls: 227,562 (58%)

Puts: 161,845 (42%)

Current vs Prior +3.18%

Prior 7-Day Total 3,012,008

Calls: 1,926,471 (64%)

Puts: 1,085,537 (36%)

Prior 7-Day Average 430,286

Calls: 275,210 (64%)

Puts: 155,076 (36%)

Current vs Prior 7-Day Avg -6.62%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)

Current 5.26% | 10.01%14.42% | 24.26%

Prior 7.85% | 11.13%16.21% | 26.55%

Current vs Prior -32.98% | -10.05%-11.09% | -8.65%

Prior 7-Day Avg 7.51% | 11.16%9.83% | 19.22%

Current vs 7-Day Avg -29.89% | -10.33%+46.68% | +26.23%

Prior 7-Day Eod 7.85% | 11.13%16.21% | 26.55%

Current vs 7-Day Eod -32.98% | -10.05%-11.09% | -8.65%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 16.92% | 16.02%

Calls: 23.64% | 19.54%

Puts: 10.20% | 12.50%

Prior 12.81% | 11.59%

Calls: 10.77% | 13.00%

Puts: 14.86% | 10.19%

Current vs Prior +32.08% | +38.22%

Prior 7-Day Avg 12.81% | 11.59%

Calls: 10.77% | 13.00%

Puts: 14.86% | 10.19%

Current vs 7-Day Avg +32.08% | +38.22%

Liquidity Expensive

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🤖 AI Insights

Moderately bullish flow with 68% call dollar volume ($2.02M). Extreme bullish P/C ratio of 0.28 - heavy call buying (29,692 calls vs 8,356 puts). Call-heavy open interest (264,581 calls vs 137,204 puts) suggests bullish positioning.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

📈 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

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Tightest Spreads

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Best Value <$1

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High Delta

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 17 of results (avg 8.0%, best 3.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$18.00	Oct 16	1.01	1.05	$1.03	3.9%	745	0.50	1.8K
$20.00	Oct 16	0.48	0.51	$0.50	6.0%	494	0.28	16.0K
$18.50	Oct 2	0.37	0.40	$0.39	7.7%	449	0.33	1.4K
$17.00	Oct 16	1.44	1.56	$1.50	8.0%	403	0.63	1.2K
$17.50	Oct 2	0.71	0.77	$0.74	8.1%	357	0.52	1.1K

PUTS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$18.00	Oct 16	1.50	1.55	$1.53	3.3%	74	0.52	4.9K
$19.00	Oct 16	2.16	2.25	$2.21	4.1%	10	0.65	1.9K
$20.00	Oct 16	2.82	3.10	$2.96	9.5%	25	0.75	16.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 23 found (avg $0.60, cheapest $0.31)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$17.50	Sep 25	0.28	0.33	$0.31	16.1%	3.3K	0.50	3.8K
$17.00	Sep 25	0.55	0.64	$0.60	15.0%	1.6K	0.75	1.1K
$19.50	Oct 2	0.18	0.20	$0.19	10.5%	650	0.18	661
$19.00	Oct 2	0.25	0.28	$0.27	11.1%	668	0.24	3.2K
$18.50	Oct 2	0.37	0.40	$0.39	7.7%	449	0.33	1.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$17.50	Sep 25	0.30	0.34	$0.32	12.5%	223	0.50	707
$18.00	Sep 25	0.60	0.70	$0.65	15.4%	66	0.73	285
$17.50	Oct 2	0.68	0.78	$0.73	13.7%	508	0.48	373
$16.00	Oct 16	0.51	0.57	$0.54	11.1%	737	0.26	11.9K
$16.50	Oct 16	0.65	0.77	$0.71	16.9%	83	0.32	69

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 58 found (avg delta 0.73, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$15.00	Sep 25	2.09	2.75	$2.42	27.3%	4	0.99	83
$15.50	Sep 25	1.51	2.45	$1.98	47.5%	13	0.98	76
$16.00	Sep 25	1.12	1.70	$1.41	41.1%	65	0.96	274
$14.00	Sep 25	3.35	3.70	$3.53	9.9%	3	0.94	14
$15.00	Oct 2	2.17	2.84	$2.51	26.7%	10	0.90	56

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$20.00	Sep 25	2.27	2.92	$2.60	25.0%	365	1.00	239
$19.50	Sep 25	1.35	2.45	$1.90	57.9%	7	0.94	50
$20.50	Sep 25	2.21	3.80	$3.01	52.8%	258	0.93	--
$19.00	Sep 25	1.27	1.90	$1.59	39.6%	52	0.93	224
$18.50	Sep 25	0.72	1.41	$1.07	64.5%	13	0.87	62

Most actively traded options today. High liquidity = easy entry/exit. 147 active (total vol 29.9K, top 3.9K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$18.00	Sep 25	0.11	0.14	$0.13	23.1%	3.9K	0.27	4.4K
$17.50	Sep 25	0.28	0.33	$0.31	16.1%	3.3K	0.50	3.8K
$17.00	Sep 25	0.55	0.64	$0.60	15.0%	1.6K	0.75	1.1K
$18.50	Sep 25	0.04	0.06	$0.05	40.0%	1.3K	0.12	2.4K
$18.00	Oct 2	0.51	0.57	$0.54	11.1%	1.3K	0.42	1.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$17.00	Oct 2	0.42	0.56	$0.49	28.6%	1.4K	0.37	1.1K
$16.00	Oct 16	0.51	0.57	$0.54	11.1%	737	0.26	11.9K
$17.00	Sep 25	0.09	0.13	$0.11	36.4%	528	0.25	4.4K
$17.50	Oct 2	0.68	0.78	$0.73	13.7%	508	0.48	373
$16.50	Sep 25	0.01	0.07	$0.04	150.0%	376	0.10	2.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 6 strikes (avg 18.2%, max 31.0%)

CALLS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$18.00	Sep 25	Oct 30	89.9%	70.5%	27.5%	3.9K	4.5K
$17.50	Sep 25	Oct 30	89.5%	74.2%	20.6%	3.3K	3.9K
$17.00	Sep 25	Nov 6	84.0%	72.4%	16.0%	1.6K	1.1K

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$17.50	Sep 25	Oct 23	89.5%	68.3%	31.0%	225	1.3K
$17.00	Sep 25	Oct 30	84.0%	75.2%	11.8%	558	4.5K
$18.00	Sep 25	Nov 6	89.9%	88.1%	2.0%	123	285

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 66 found (best R:R 0.55, avg 1.55)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$14.50	$16.50	Oct 23	$1.29	$0.71	$1.29	86%	0.55	$15.79
$14.50	$16.00	Oct 30	$0.97	$0.53	$0.97	86%	0.55	$15.47
$15.00	$16.00	Oct 16	$0.60	$0.40	$0.60	85%	0.67	$15.60
$16.00	$16.50	Oct 2	$0.27	$0.23	$0.27	82%	0.85	$16.27
$17.50	$18.00	Oct 23	$0.14	$0.36	$0.14	56%	2.57	$17.64

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$19.50	$19.00	Sep 25	$0.31	$0.19	$0.31	94%	0.61	$19.19
$20.00	$19.50	Oct 16	$0.33	$0.17	$0.33	75%	0.52	$19.67
$19.00	$17.50	Oct 23	$0.80	$0.70	$0.80	62%	0.88	$18.20
$17.50	$17.00	Oct 23	$0.20	$0.30	$0.20	45%	1.50	$17.30
$17.00	$16.50	Oct 9	$0.17	$0.33	$0.17	39%	1.94	$16.83

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 42 found (best R:R 0.67, avg 0.62)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$17.50	$18.00	Oct 30	$0.37	$0.37	$0.13	44%	2.85	$17.87
$19.50	$20.00	Oct 9	$0.18	$0.18	$0.32	71%	0.56	$19.68
$18.50	$19.00	Oct 23	$0.23	$0.23	$0.27	55%	0.85	$18.73
$17.50	$18.00	Sep 25	$0.18	$0.18	$0.32	50%	0.56	$17.68
$18.50	$19.00	Nov 6	$0.21	$0.21	$0.29	55%	0.72	$18.71

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$15.00	$14.50	Oct 30	$0.20	$0.20	$0.30	79%	0.67	$14.80
$17.00	$16.50	Oct 30	$0.29	$0.29	$0.21	60%	1.38	$16.71
$16.00	$15.50	Oct 23	$0.22	$0.22	$0.28	72%	0.79	$15.78
$16.00	$15.50	Oct 9	$0.18	$0.18	$0.32	77%	0.56	$15.82
$15.50	$15.00	Nov 6	$0.22	$0.22	$0.28	70%	0.79	$15.28

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.42, cheapest $0.41)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$17.50	Sep 25	Oct 2	$0.43	89.5%	70.7%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$17.50	Sep 25	Oct 2	$0.41	89.5%	70.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 35 found (cheapest 3.60% of stock, avg 12.27%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$17.50	Sep 25	$0.31	$0.32	$0.63	$16.87	$18.13	3.60%
$17.00	Sep 25	$0.60	$0.11	$0.71	$16.29	$17.71	4.06%
$18.00	Sep 25	$0.13	$0.65	$0.78	$17.22	$18.78	4.46%
$16.50	Sep 25	$1.06	$0.04	$1.10	$15.40	$17.60	6.29%
$18.50	Sep 25	$0.05	$1.07	$1.12	$17.38	$19.62	6.41%
$16.00	Sep 25	$1.41	$0.02	$1.43	$14.57	$17.43	8.18%
$17.50	Oct 2	$0.74	$0.73	$1.47	$16.03	$18.97	8.41%
$17.00	Oct 2	$1.02	$0.49	$1.51	$15.49	$18.51	8.64%
$19.00	Sep 25	$0.03	$1.59	$1.62	$17.38	$20.62	9.27%
$18.00	Oct 2	$0.54	$1.10	$1.64	$16.36	$19.64	9.38%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 159 found (cheapest 0.40% of stock, avg 8.12%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$19.00	$16.50	Sep 25	$0.03	$0.04	$0.07	$16.43	$19.07
$18.50	$16.50	Sep 25	$0.05	$0.04	$0.09	$16.41	$18.59
$19.00	$14.00	Sep 25	$0.03	$0.07	$0.10	$13.90	$19.10
$18.50	$14.00	Sep 25	$0.05	$0.07	$0.12	$13.88	$18.62
$19.00	$17.00	Sep 25	$0.03	$0.11	$0.14	$16.86	$19.14
$18.50	$17.00	Sep 25	$0.05	$0.11	$0.16	$16.84	$18.66
$18.00	$16.50	Sep 25	$0.13	$0.04	$0.17	$16.33	$18.17
$18.00	$17.00	Sep 25	$0.13	$0.11	$0.24	$16.76	$18.24
$18.00	$14.00	Sep 25	$0.13	$0.07	$0.20	$13.80	$18.20
$20.00	$15.50	Oct 2	$0.14	$0.11	$0.25	$15.25	$20.25

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 10 found (best R:R 2.57, avg credit $0.31)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
16/16	20/20	Oct 9	$0.36	$0.14	48%	2.57	$15.64	$19.86
14/15	20/20	Oct 30	$0.34	$0.16	46%	2.13	$14.66	$20.34
16/16	20/20	Oct 9	$0.36	$0.14	40%	2.57	$16.14	$19.86
14/14	20/20	Oct 30	$0.27	$0.23	51%	1.17	$14.23	$20.27
15/16	20/20	Oct 30	$0.32	$0.18	41%	1.78	$15.18	$20.32
14/15	20/20	Oct 16	$0.25	$0.25	50%	1.00	$14.75	$19.75
16/16	20/20	Oct 16	$0.29	$0.21	41%	1.38	$15.71	$19.79
16/16	20/20	Oct 30	$0.31	$0.19	36%	1.63	$15.69	$20.31
16/16	20/20	Oct 30	$0.32	$0.18	32%	1.78	$16.18	$20.32
16/16	20/20	Oct 16	$0.30	$0.20	35%	1.50	$16.20	$19.80

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 47 found (best R:R 3.55, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$17.00	$17.50	$18.00	Sep 25	$0.11	$0.39	49%	3.55
$17.50	$18.00	$18.50	Sep 25	$0.10	$0.40	38%	4.00
$18.00	$18.50	$19.00	Sep 25	$0.06	$0.44	20%	7.33
$18.00	$18.50	$19.00	Oct 16	$0.05	$0.45	12%	9.00
$17.00	$17.50	$18.00	Oct 2	$0.08	$0.42	21%	5.25

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$17.00	$17.50	$18.00	Sep 25	$0.12	$0.38	49%	3.17
$17.50	$18.00	$18.50	Sep 25	$0.09	$0.41	37%	4.56
$16.00	$16.50	$17.00	Sep 25	$0.05	$0.45	21%	9.00
$16.50	$17.00	$17.50	Sep 25	$0.14	$0.36	40%	2.57
$16.00	$16.50	$17.00	Oct 16	$0.06	$0.44	12%	7.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 47 found (best net $-0.77, 45 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$14.50	$16.50	1:2	Oct 23	-$0.77	$1.23
$16.50	$17.00	1:2	Sep 25	-$0.14	$0.36
$15.00	$16.00	1:2	Oct 2	-$0.87	$0.13
$19.00	$19.50	1:2	Oct 2	-$0.11	$0.39
$18.50	$19.00	1:2	Oct 2	-$0.15	$0.35

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$19.00	$17.00	1:2	Oct 30	-$0.19	$1.81
$19.00	$17.50	1:2	Oct 23	-$0.49	$1.01
$18.50	$18.00	1:2	Sep 25	-$0.23	$0.27
$17.00	$16.50	1:2	Oct 2	-$0.05	$0.45
$15.00	$14.50	1:2	Oct 16	-$0.06	$0.44

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 41 found (best yield 7.55%, avg 3.77%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$18.00	Oct 30	$1.32	0.51	3.0%	7.55%	10.53%	37	66
$19.00	Oct 30	$0.94	0.42	8.7%	5.38%	14.07%	10	120
$20.00	Oct 30	$0.71	0.34	14.4%	4.06%	18.48%	48	224
$18.50	Oct 30	$1.06	0.47	5.8%	6.06%	11.90%	8	--
$19.50	Oct 30	$0.77	0.37	11.6%	4.41%	15.96%	1	48
$17.50	Oct 30	$1.45	0.56	0.1%	8.30%	8.41%	15	106
$18.00	Oct 23	$1.18	0.51	3.0%	6.75%	9.73%	17	132
$19.00	Oct 23	$0.83	0.40	8.7%	4.75%	13.44%	32	94
$19.50	Nov 6	$0.67	0.38	11.6%	3.83%	15.39%	5	--
$20.50	Nov 6	$0.45	0.32	17.3%	2.57%	19.85%	2	--

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 29,692

Total Puts 8,356

Put/Call Ratio 0.28

Net Difference 21,336

Prior's Put/Call Breakdown

Total Calls 33,865

Total Puts 9,567

Put/Call Ratio 0.28

Net Difference 24,298

Prior 7-Day Put/Call Summary

Total Calls 210,014

Total Puts 83,528

Average Put/Call Ratio 0.43

Ratio Trend Falling

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

🤖 AI Insights

📈 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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