QBTS - Options Database

QBTS

D-WAVE QUANTUM INC

$17.51 -9.51%

$17.57 (+0.34%)🌙

as of 08/26 04:00 PM

(8/26 15:00) ◀

Wednesday, August 26, 2026 (4:00pm)

▶ (8/26 18:58)

◀ 8/26 16:00 ▶

Option Volume

Detail

ℹ

Current (08/26 4:00pm) 60,189

Calls: 42,168 (70%)

Puts: 18,021 (30%)

Prior (08/21) 58,973

Calls: 47,587 (81%)

Puts: 11,386 (19%)

Current vs Prior +2.06%

Calls: -11.39% (Calls)

Puts: +58.27% (Puts)

Prior 7-Day Total 319,796

Calls: 240,062 (75%)

Puts: 79,734 (25%)

Prior 7-Day Average 45,685

Calls: 34,294 (75%)

Puts: 11,390 (25%)

Current vs Prior 7-Day Avg +31.75%

Calls: +22.96%

Puts: +58.21%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/26 4:00pm) $6.41M

Calls: $3.54M (55%)

Puts: $2.87M (45%)

Prior (08/21) $4.43M

Calls: $3.57M (81%)

Puts: $861.3K (19%)

Current vs Prior +44.70%

Calls: -0.80%

Puts: +233.22%

Prior 7-Day Total $38.74M

Calls: $27.96M (72%)

Puts: $10.77M (28%)

Prior 7-Day Average $5.53M

Calls: $3.99M (72%)

Puts: $1.54M (28%)

Current vs Prior 7-Day Avg +15.83%

Calls: -11.39%

Puts: +86.48%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/26 4:00pm) 0.43

Prior (08/21) 0.24

Current vs Prior +78.61%

Prior 7-Day Average 0.34

Current vs Prior 7-Day Avg +27.45%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/26 4:00pm) 590,048

Calls: 339,038 (57%)

Puts: 251,010 (43%)

Prior (08/21) 615,847

Calls: 350,167 (57%)

Puts: 265,680 (43%)

Current vs Prior -4.19%

Prior 7-Day Total 3,868,707

Calls: 2,210,030 (57%)

Puts: 1,658,677 (43%)

Prior 7-Day Average 552,672

Calls: 315,718 (57%)

Puts: 236,953 (43%)

Current vs Prior 7-Day Avg +6.76%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)

Current 6.80% | 11.08%16.62% | 22.73%

Prior 10.00% | 13.19%2.21% | 19.86%

Current vs Prior -32.07% | -16.02%+653.02% | +14.44%

Prior 7-Day Avg 9.54% | 14.83%15.15% | 25.36%

Current vs 7-Day Avg -28.78% | -25.28%+9.72% | -10.37%

Prior 7-Day Eod 10.00% | 13.19%17.36% | 23.88%

Current vs 7-Day Eod -32.07% | -16.02%-4.29% | -4.80%

Sentiment BULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 8.07% | 12.60%

Calls: 6.67% | 14.29%

Puts: 9.46% | 10.91%

Prior 16.10% | 49.75%

Calls: 10.09% | 24.32%

Puts: 22.11% | 75.19%

Current vs Prior -49.88% | -74.67%

Prior 7-Day Avg 9.34% | 13.97%

Calls: 8.03% | 9.23%

Puts: 10.64% | 18.72%

Current vs 7-Day Avg -13.56% | -9.83%

Liquidity Expensive

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Extreme bullish P/C ratio of 0.43 - heavy call buying (42,168 calls vs 18,021 puts). P/C ratio rising 79% - increased hedging/bearish 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

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
16:00	BULLISH	BULLISH	BULLISH
15:00	BULLISH	BULLISH	BULLISH
14:00	BULLISH	BULLISH	BULLISH
13:00	BULLISH	BULLISH	BULLISH

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⚡ Straddles

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⚖️ Ratio Spreads

🛡️ Covered Calls

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Tightest Spreads

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Best Value <$1

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 15 of results (avg 7.9%, best 6.2%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$18.00	Sep 4	0.62	0.66	$0.64	6.3%	467	0.44	189
$17.50	Aug 28	0.44	0.47	$0.45	6.7%	822	0.53	110
$17.00	Aug 28	0.71	0.76	$0.74	6.8%	386	0.71	26
$18.00	Sep 18	1.07	1.15	$1.11	7.2%	639	0.49	1.1K
$17.50	Sep 11	1.05	1.13	$1.09	7.3%	64	0.55	10

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$15.00	Sep 18	0.31	0.33	$0.32	6.3%	271	0.17	1.3K
$17.50	Aug 28	0.40	0.43	$0.42	7.1%	1.4K	0.48	819
$17.00	Sep 18	0.97	1.05	$1.01	7.9%	314	0.39	1.8K
$17.50	Sep 18	1.20	1.30	$1.25	8.0%	211	0.45	55
$19.50	Sep 25	2.64	2.89	$2.77	9.0%	--	0.64	45

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 22 found (avg $0.56, cheapest $0.14)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$18.50	Aug 28	0.13	0.15	$0.14	14.3%	4.2K	0.22	157
$18.00	Aug 28	0.24	0.27	$0.26	11.5%	2.3K	0.35	125
$17.50	Aug 28	0.44	0.47	$0.45	6.7%	822	0.53	110
$17.00	Aug 28	0.71	0.76	$0.74	6.8%	386	0.71	26
$18.50	Sep 4	0.45	0.54	$0.50	18.0%	409	0.36	93

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$17.00	Aug 28	0.19	0.22	$0.21	14.3%	937	0.29	556
$17.50	Aug 28	0.40	0.43	$0.42	7.1%	1.4K	0.48	819
$15.50	Sep 4	0.13	0.15	$0.14	14.3%	14	0.13	69
$18.00	Aug 28	0.70	0.77	$0.74	9.5%	801	0.65	1.2K
$17.00	Sep 4	0.51	0.59	$0.55	14.5%	273	0.37	241

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 68 found (avg delta 0.72, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$15.00	Aug 28	2.23	2.60	$2.42	15.3%	8	0.99	42
$14.50	Aug 28	2.10	4.20	$3.15	66.7%	3	0.98	5
$15.50	Aug 28	0.77	2.10	$1.44	92.4%	9	0.98	14
$16.00	Aug 28	0.60	2.53	$1.57	122.9%	7	0.94	31
$15.00	Sep 4	1.91	2.87	$2.39	40.2%	27	0.91	2

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$21.00	Aug 28	3.30	4.10	$3.70	21.6%	9	1.00	164
$20.00	Aug 28	2.25	2.82	$2.54	22.4%	51	0.94	971
$20.50	Aug 28	2.70	3.50	$3.10	25.8%	30	0.93	199
$19.50	Aug 28	1.93	2.26	$2.09	15.8%	57	0.92	412
$21.00	Sep 4	2.90	4.25	$3.58	37.7%	22	0.87	154

Most actively traded options today. High liquidity = easy entry/exit. 142 active (total vol 33.7K, top 4.2K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$18.50	Aug 28	0.13	0.15	$0.14	14.3%	4.2K	0.22	157
$20.00	Sep 18	0.51	0.56	$0.54	9.3%	2.5K	0.28	4.7K
$18.00	Aug 28	0.24	0.27	$0.26	11.5%	2.3K	0.35	125
$19.00	Aug 28	0.07	0.10	$0.09	33.3%	1.5K	0.14	2.5K
$20.00	Aug 28	0.03	0.04	$0.04	25.0%	1.3K	0.06	1.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$17.50	Aug 28	0.40	0.43	$0.42	7.1%	1.4K	0.48	819
$15.00	Sep 11	0.01	0.22	$0.12	175.0%	1.1K	0.10	19
$16.50	Sep 11	0.50	0.71	$0.61	34.4%	1.0K	0.31	82
$17.00	Aug 28	0.19	0.22	$0.21	14.3%	937	0.29	556
$18.00	Aug 28	0.70	0.77	$0.74	9.5%	801	0.65	1.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 8 strikes (avg 10.4%, max 15.0%)

CALLS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$17.00	Aug 28	Oct 2	82.2%	71.4%	15.0%	396	27
$18.50	Aug 28	Oct 2	88.9%	79.4%	12.0%	4.2K	164
$18.00	Aug 28	Oct 2	85.5%	81.0%	5.5%	2.4K	159
$17.50	Aug 28	Oct 2	83.5%	79.4%	5.1%	831	114

PUTS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$17.00	Aug 28	Oct 2	82.2%	71.4%	15.0%	946	596
$17.50	Aug 28	Sep 25	83.5%	73.6%	13.4%	1.5K	832
$18.50	Aug 28	Oct 2	88.9%	79.4%	12.0%	422	2.6K
$18.00	Aug 28	Oct 2	85.5%	81.0%	5.5%	803	1.2K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 65 found (best R:R 0.56, avg 1.68)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$15.00	$17.00	Sep 11	$1.28	$0.72	$1.28	90%	0.56	$16.28
$16.50	$17.00	Sep 4	$0.22	$0.28	$0.22	75%	1.27	$16.72
$18.00	$18.50	Sep 25	$0.14	$0.36	$0.14	49%	2.57	$18.14
$17.50	$18.00	Oct 2	$0.17	$0.33	$0.17	54%	1.94	$17.67
$18.50	$19.00	Sep 25	$0.13	$0.37	$0.13	44%	2.85	$18.63

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$19.00	$18.50	Sep 11	$0.11	$0.39	$0.11	68%	3.55	$18.89
$20.50	$20.00	Sep 25	$0.17	$0.33	$0.17	75%	1.94	$20.33
$19.00	$18.50	Sep 25	$0.15	$0.35	$0.15	60%	2.33	$18.85
$21.00	$20.50	Sep 25	$0.25	$0.25	$0.25	76%	1.00	$20.75
$20.00	$19.50	Sep 11	$0.26	$0.24	$0.26	79%	0.92	$19.74

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 40 found (best R:R 1.94, avg 0.75)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$20.50	$21.00	Sep 18	$0.20	$0.20	$0.30	73%	0.67	$20.70
$19.50	$20.00	Sep 25	$0.24	$0.24	$0.26	64%	0.92	$19.74
$18.00	$18.50	Sep 11	$0.28	$0.28	$0.22	53%	1.27	$18.28
$20.50	$21.00	Oct 2	$0.17	$0.17	$0.33	70%	0.52	$20.67
$20.00	$20.50	Oct 2	$0.19	$0.19	$0.31	66%	0.61	$20.19

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$16.50	$16.00	Sep 11	$0.33	$0.33	$0.17	69%	1.94	$16.17
$16.50	$16.00	Oct 2	$0.36	$0.36	$0.14	64%	2.57	$16.14
$15.50	$15.00	Sep 18	$0.27	$0.27	$0.23	76%	1.17	$15.23
$16.50	$16.00	Sep 25	$0.32	$0.32	$0.18	65%	1.78	$16.18
$17.00	$16.50	Sep 18	$0.34	$0.34	$0.16	61%	2.12	$16.66

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.38, cheapest $0.38)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$17.50	Aug 28	Sep 4	$0.39	83.5%	74.0%
$18.00	Aug 28	Sep 4	$0.38	85.5%	77.1%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$17.50	Aug 28	Sep 4	$0.38	83.5%	74.0%
$18.00	Aug 28	Sep 4	$0.36	85.5%	77.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 38 found (cheapest 4.97% of stock, avg 13.66%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$17.50	Aug 28	$0.45	$0.42	$0.87	$16.63	$18.37	4.97%
$17.00	Aug 28	$0.74	$0.21	$0.95	$16.05	$17.95	5.43%
$18.00	Aug 28	$0.26	$0.74	$1.00	$17.00	$19.00	5.71%
$16.50	Aug 28	$1.09	$0.08	$1.17	$15.33	$17.67	6.68%
$18.50	Aug 28	$0.14	$1.12	$1.26	$17.24	$19.76	7.20%
$16.00	Aug 28	$1.57	$0.03	$1.60	$14.40	$17.60	9.14%
$17.50	Sep 4	$0.84	$0.80	$1.64	$15.86	$19.14	9.37%
$16.50	Sep 4	$1.43	$0.27	$1.70	$14.80	$18.20	9.71%
$18.00	Sep 4	$0.64	$1.10	$1.74	$16.26	$19.74	9.94%
$17.00	Sep 4	$1.21	$0.55	$1.76	$15.24	$18.76	10.05%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 144 found (cheapest 0.46% of stock, avg 7.90%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$19.50	$16.00	Aug 28	$0.05	$0.03	$0.08	$15.92	$19.58
$20.50	$16.00	Aug 28	$0.06	$0.03	$0.09	$15.91	$20.59
$19.00	$16.00	Aug 28	$0.09	$0.03	$0.12	$15.88	$19.12
$19.50	$16.50	Aug 28	$0.05	$0.08	$0.13	$16.37	$19.63
$20.50	$16.50	Aug 28	$0.06	$0.08	$0.14	$16.36	$20.64
$19.00	$16.50	Aug 28	$0.09	$0.08	$0.17	$16.33	$19.17
$18.50	$16.00	Aug 28	$0.14	$0.03	$0.17	$15.83	$18.67
$18.50	$16.50	Aug 28	$0.14	$0.08	$0.22	$16.28	$18.72
$19.50	$17.00	Aug 28	$0.05	$0.21	$0.26	$16.74	$19.76
$20.50	$17.00	Aug 28	$0.06	$0.21	$0.27	$16.73	$20.77

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 7 found (best R:R 2.33, avg credit $0.30)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
15/16	20/21	Oct 2	$0.35	$0.15	44%	2.33	$15.15	$20.85
15/16	20/20	Oct 2	$0.37	$0.13	39%	2.85	$15.13	$20.37
15/16	19/20	Sep 11	$0.28	$0.22	48%	1.27	$15.22	$19.28
14/15	20/20	Sep 25	$0.24	$0.26	50%	0.92	$14.76	$20.24
16/16	20/21	Oct 2	$0.29	$0.21	39%	1.38	$15.71	$20.79
16/16	20/20	Oct 2	$0.31	$0.19	35%	1.63	$15.69	$20.31
16/16	20/20	Sep 25	$0.26	$0.24	42%	1.08	$15.74	$20.26

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 53 found (best R:R 7.33, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$16.50	$17.00	$17.50	Aug 28	$0.06	$0.44	33%	7.33
$17.50	$18.00	$18.50	Aug 28	$0.07	$0.43	31%	6.14
$17.00	$17.50	$18.00	Aug 28	$0.10	$0.40	35%	4.00
$18.00	$18.50	$19.00	Aug 28	$0.07	$0.43	22%	6.14
$17.50	$18.00	$18.50	Sep 4	$0.06	$0.44	17%	7.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$17.50	$18.00	$18.50	Aug 28	$0.06	$0.44	31%	7.33
$16.50	$17.00	$17.50	Aug 28	$0.08	$0.42	33%	5.25
$17.00	$17.50	$18.00	Sep 4	$0.05	$0.45	19%	9.00
$17.00	$17.50	$18.00	Aug 28	$0.11	$0.39	36%	3.55
$16.00	$16.50	$17.00	Aug 28	$0.08	$0.42	24%	5.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 43 found (best net $-0.20, 43 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$15.00	$17.00	1:2	Sep 11	-$0.20	$1.80
$17.00	$17.50	1:2	Aug 28	-$0.16	$0.34
$17.50	$18.00	1:2	Aug 28	-$0.07	$0.43
$15.00	$15.50	1:2	Aug 28	-$0.46	$0.04
$16.50	$17.00	1:2	Aug 28	-$0.39	$0.11

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$18.00	$17.50	1:2	Aug 28	-$0.10	$0.40
$15.50	$15.00	1:2	Sep 18	-$0.05	$0.45
$16.00	$15.50	1:2	Sep 4	-$0.05	$0.45
$18.50	$18.00	1:2	Aug 28	-$0.36	$0.14
$16.50	$16.00	1:2	Sep 4	-$0.19	$0.31

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 38 found (best yield 4.85%, avg 2.74%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$20.00	Oct 2	$0.85	0.34	14.2%	4.85%	19.07%	26	152
$19.00	Oct 2	$1.01	0.41	8.5%	5.77%	14.28%	229	32
$18.00	Oct 2	$1.31	0.50	2.8%	7.48%	10.28%	44	34
$18.50	Oct 2	$1.10	0.45	5.7%	6.28%	11.94%	32	7
$19.50	Oct 2	$0.71	0.37	11.4%	4.05%	15.42%	269	101
$18.00	Sep 25	$1.15	0.49	2.8%	6.57%	9.37%	163	8
$18.50	Sep 18	$0.89	0.43	5.7%	5.08%	10.74%	430	5
$19.00	Sep 18	$0.75	0.38	8.5%	4.28%	12.79%	181	930
$18.00	Sep 18	$1.07	0.49	2.8%	6.11%	8.91%	639	1.1K
$19.00	Sep 25	$0.69	0.40	8.5%	3.94%	12.45%	389	139

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 42,168

Total Puts 18,021

Put/Call Ratio 0.43

Net Difference 24,147

Prior's Put/Call Breakdown

Total Calls 47,587

Total Puts 11,386

Put/Call Ratio 0.24

Net Difference 36,201

Prior 7-Day Put/Call Summary

Total Calls 240,062

Total Puts 79,734

Average Put/Call Ratio 0.34

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

🤖 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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