QBTS - Options Database

QBTS

D-WAVE QUANTUM INC

$16.82 +2.00%

$16.87 (+0.30%)🌙

as of 09/03 06:52 PM

(9/2 18:52) ◀

Thursday, September 3, 2026 (6:52pm)

▶ (9/4 18:54)

◀ 9/3 18:52 ▶

Option Volume

Detail

ℹ

Current (09/03) 25,866

Calls: 17,840 (69%)

Puts: 8,026 (31%)

Prior (09/02) 24,929

Calls: 16,796 (67%)

Puts: 8,133 (33%)

Current vs Prior +3.76%

Calls: +6.22% (Calls)

Puts: -1.32% (Puts)

Prior 7-Day Total 316,839

Calls: 224,646 (71%)

Puts: 92,193 (29%)

Prior 7-Day Average 45,262

Calls: 32,092 (71%)

Puts: 13,170 (29%)

Current vs Prior 7-Day Avg -42.85%

Calls: -44.41%

Puts: -39.06%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/03) $3.16M

Calls: $1.34M (43%)

Puts: $1.81M (57%)

Prior (09/02) $2.34M

Calls: $1.24M (53%)

Puts: $1.10M (47%)

Current vs Prior +34.73%

Calls: +8.30%

Puts: +64.45%

Prior 7-Day Total $59.26M

Calls: $45.23M (76%)

Puts: $14.03M (24%)

Prior 7-Day Average $8.47M

Calls: $6.46M (76%)

Puts: $2.00M (24%)

Current vs Prior 7-Day Avg -62.72%

Calls: -79.22%

Puts: -9.50%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (09/03) 0.45

Prior (09/02) 0.48

Current vs Prior -7.09%

Prior 7-Day Average 0.42

Current vs Prior 7-Day Avg +7.56%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/03) 394,368

Calls: 272,163 (69%)

Puts: 122,205 (31%)

Prior (09/02) 430,047

Calls: 297,390 (69%)

Puts: 132,657 (31%)

Current vs Prior -8.30%

Prior 7-Day Total 3,059,585

Calls: 1,955,496 (64%)

Puts: 1,104,089 (36%)

Prior 7-Day Average 437,083

Calls: 279,356 (64%)

Puts: 157,727 (36%)

Current vs Prior 7-Day Avg -9.77%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)

Current 4.93% | 8.56%12.72% | 18.91%

Prior 6.12% | 9.22%13.40% | 19.65%

Current vs Prior -19.43% | -7.12%-5.07% | -3.78%

Prior 7-Day Avg 7.08% | 10.81%15.24% | 21.47%

Current vs 7-Day Avg -30.34% | -20.79%-16.50% | -11.94%

Prior 7-Day Eod 6.12% | 9.22%13.40% | 19.65%

Current vs 7-Day Eod -19.43% | -7.12%-5.07% | -3.78%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 8.07% | 12.60%

Calls: 6.67% | 14.29%

Puts: 9.46% | 10.91%

Prior 8.07% | 12.60%

Calls: 6.67% | 14.29%

Puts: 9.46% | 10.91%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 9.22% | 17.91%

Calls: 7.16% | 15.72%

Puts: 11.27% | 20.09%

Current vs 7-Day Avg -12.45% | -29.64%

Liquidity Expensive

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🤖 AI Insights

Extreme bullish P/C ratio of 0.45 - heavy call buying (17,840 calls vs 8,026 puts). Call-heavy open interest (272,163 calls vs 122,205 puts) suggests bullish positioning.

Smart Money BEARISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

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 6 of results (avg 7.5%, best 5.8%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$17.00	Oct 16	1.51	1.60	$1.56	5.8%	110	0.54	526
$20.00	Oct 16	0.62	0.66	$0.64	6.3%	425	0.28	11.7K
$20.00	Sep 25	0.25	0.27	$0.26	7.7%	221	0.18	312
$16.00	Oct 16	1.94	2.10	$2.02	7.9%	390	0.64	206
$18.00	Sep 18	0.46	0.50	$0.48	8.3%	465	0.33	4.0K

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$16.50	Oct 2	1.05	1.15	$1.10	9.1%	528	0.42	77

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 13 found (avg $0.44, cheapest $0.07)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$17.50	Sep 4	0.06	0.07	$0.07	14.3%	1.1K	0.17	1.3K
$16.50	Sep 4	0.42	0.49	$0.45	15.6%	451	0.68	370
$18.00	Sep 11	0.21	0.25	$0.23	17.4%	295	0.26	323
$20.00	Sep 18	0.14	0.17	$0.16	18.8%	352	0.13	5.0K
$18.50	Sep 18	0.34	0.38	$0.36	11.1%	151	0.26	315

PUTS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$15.00	Sep 25	0.32	0.37	$0.35	14.3%	16	0.21	232
$15.00	Oct 2	0.43	0.51	$0.47	17.0%	12	0.24	285
$16.00	Oct 2	0.76	0.92	$0.84	19.0%	42	0.36	87

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 66 found (avg delta 0.73, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$14.00	Sep 18	2.26	3.40	$2.83	40.3%	33	0.93	169
$15.00	Sep 4	1.11	2.64	$1.88	81.4%	27	0.93	53
$14.50	Sep 4	1.42	3.25	$2.34	78.2%	2	0.91	26
$15.00	Sep 11	1.66	2.44	$2.05	38.0%	1	0.91	--
$14.00	Sep 4	2.11	3.65	$2.88	53.5%	29	0.90	29

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$20.00	Sep 11	2.28	3.75	$3.01	48.8%	10	1.00	150
$20.00	Sep 4	2.45	4.00	$3.23	48.0%	341	0.99	223
$19.50	Sep 4	2.03	3.40	$2.72	50.4%	131	0.99	209
$19.00	Sep 4	1.82	2.61	$2.22	35.6%	393	0.98	247
$18.50	Sep 4	1.31	2.02	$1.67	42.5%	25	0.96	430

Most actively traded options today. High liquidity = easy entry/exit. 150 active (total vol 18.8K, top 2.8K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$17.00	Sep 4	0.17	0.21	$0.19	21.1%	2.8K	0.40	2.5K
$17.50	Sep 4	0.06	0.07	$0.07	14.3%	1.1K	0.17	1.3K
$17.00	Sep 11	0.50	0.64	$0.57	24.6%	867	0.49	360
$18.00	Sep 4	0.02	0.03	$0.03	33.3%	847	0.07	3.2K
$17.00	Sep 18	0.69	0.95	$0.82	31.7%	616	0.48	3.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$17.00	Sep 4	0.32	0.44	$0.38	31.6%	642	0.60	1.9K
$16.50	Oct 2	1.05	1.15	$1.10	9.1%	528	0.42	77
$17.00	Sep 11	0.59	0.76	$0.68	25.0%	409	0.52	387
$19.00	Sep 4	1.82	2.61	$2.22	35.6%	393	0.98	247
$20.00	Sep 4	2.45	4.00	$3.23	48.0%	341	0.99	223

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 7 strikes (avg 17.5%, max 24.8%)

CALLS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$16.50	Sep 4	Oct 9	83.2%	66.7%	24.8%	452	380
$17.50	Sep 4	Oct 9	83.8%	69.9%	19.9%	1.1K	1.3K
$17.00	Sep 4	Oct 16	81.3%	70.2%	15.9%	2.9K	3.1K
$15.50	Sep 25	Oct 9	70.1%	69.0%	1.6%	3	21

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$16.50	Sep 4	Oct 9	83.2%	66.7%	24.8%	236	938
$17.50	Sep 4	Oct 9	83.8%	69.9%	19.9%	86	398
$17.00	Sep 4	Oct 16	81.3%	70.2%	15.9%	741	9.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 73 found (best R:R 0.72, avg 1.69)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$14.00	$15.00	Sep 18	$0.58	$0.42	$0.58	93%	0.72	$14.58
$14.00	$15.00	Sep 11	$0.63	$0.37	$0.63	84%	0.59	$14.63
$15.00	$16.00	Oct 16	$0.53	$0.47	$0.53	74%	0.89	$15.53
$16.00	$16.50	Oct 9	$0.14	$0.36	$0.14	63%	2.57	$16.14
$17.00	$18.00	Oct 16	$0.33	$0.67	$0.33	54%	2.03	$17.33

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$19.50	$19.00	Sep 11	$0.18	$0.32	$0.18	91%	1.78	$19.32
$18.50	$18.00	Sep 11	$0.23	$0.27	$0.23	85%	1.17	$18.27
$19.50	$19.00	Sep 18	$0.25	$0.25	$0.25	85%	1.00	$19.25
$20.00	$19.50	Oct 2	$0.25	$0.25	$0.25	79%	1.00	$19.75
$17.50	$17.00	Sep 18	$0.15	$0.35	$0.15	60%	2.33	$17.35

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 42 found (best R:R 1.63, avg 0.64)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$17.50	$18.00	Sep 25	$0.37	$0.37	$0.13	56%	2.85	$17.87
$19.00	$19.50	Oct 9	$0.21	$0.21	$0.29	66%	0.72	$19.21
$17.00	$17.50	Sep 11	$0.25	$0.25	$0.25	51%	1.00	$17.25
$18.00	$18.50	Oct 2	$0.22	$0.22	$0.28	59%	0.79	$18.22
$19.50	$20.00	Sep 25	$0.13	$0.13	$0.37	77%	0.35	$19.63

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$15.50	$15.00	Oct 9	$0.31	$0.31	$0.19	69%	1.63	$15.19
$16.00	$15.50	Sep 11	$0.28	$0.28	$0.22	70%	1.27	$15.72
$15.50	$15.00	Sep 25	$0.24	$0.24	$0.26	70%	0.92	$15.26
$14.00	$13.50	Oct 9	$0.17	$0.17	$0.33	84%	0.52	$13.83
$15.00	$14.00	Sep 18	$0.20	$0.20	$0.80	80%	0.25	$14.80

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.32, cheapest $0.27)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$16.50	Sep 4	Sep 11	$0.31	83.2%	60.3%
$17.00	Sep 4	Sep 11	$0.38	81.3%	63.1%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$16.50	Sep 4	Sep 11	$0.27	83.2%	60.3%
$17.00	Sep 4	Sep 11	$0.30	81.3%	63.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 39 found (cheapest 3.39% of stock, avg 12.92%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$17.00	Sep 4	$0.19	$0.38	$0.57	$16.43	$17.57	3.39%
$16.50	Sep 4	$0.45	$0.15	$0.60	$15.90	$17.10	3.57%
$16.00	Sep 4	$0.75	$0.04	$0.79	$15.21	$16.79	4.70%
$17.50	Sep 4	$0.07	$0.80	$0.87	$16.63	$18.37	5.17%
$16.50	Sep 11	$0.76	$0.42	$1.18	$15.32	$17.68	7.02%
$17.00	Sep 11	$0.57	$0.68	$1.25	$15.75	$18.25	7.43%
$18.00	Sep 4	$0.03	$1.23	$1.26	$16.74	$19.26	7.49%
$17.50	Sep 11	$0.32	$1.01	$1.33	$16.17	$18.83	7.91%
$16.00	Sep 11	$1.05	$0.39	$1.44	$14.56	$17.44	8.56%
$18.00	Sep 11	$0.23	$1.40	$1.63	$16.37	$19.63	9.69%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 152 found (cheapest 0.42% of stock, avg 7.08%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$18.00	$16.00	Sep 4	$0.03	$0.04	$0.07	$15.93	$18.07
$18.00	$15.50	Sep 4	$0.03	$0.05	$0.08	$15.42	$18.08
$17.50	$16.00	Sep 4	$0.07	$0.04	$0.11	$15.89	$17.61
$17.50	$15.50	Sep 4	$0.07	$0.05	$0.12	$15.38	$17.62
$18.00	$14.00	Sep 4	$0.03	$0.11	$0.14	$13.86	$18.14
$19.00	$15.00	Sep 11	$0.08	$0.08	$0.16	$14.84	$19.16
$17.50	$14.00	Sep 4	$0.07	$0.11	$0.18	$13.82	$17.68
$19.00	$15.50	Sep 11	$0.08	$0.11	$0.19	$15.31	$19.19
$18.50	$15.00	Sep 11	$0.13	$0.08	$0.21	$14.79	$18.71
$18.00	$16.50	Sep 4	$0.03	$0.15	$0.18	$16.32	$18.18

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 13 found (best R:R 3.17, avg credit $0.34)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
14/14	19/20	Oct 9	$0.38	$0.12	50%	3.17	$13.62	$19.38
15/16	20/20	Sep 25	$0.37	$0.13	47%	2.85	$15.13	$19.87
16/16	18/18	Sep 11	$0.38	$0.12	44%	3.17	$15.62	$18.38
15/16	20/20	Oct 2	$0.36	$0.14	44%	2.57	$15.14	$19.86
14/14	20/20	Oct 9	$0.29	$0.21	56%	1.38	$13.71	$19.79
16/16	18/19	Sep 18	$0.34	$0.16	40%	2.12	$15.66	$18.84
14/14	20/20	Sep 25	$0.23	$0.27	60%	0.85	$14.27	$19.73
15/16	18/19	Oct 2	$0.35	$0.15	36%	2.33	$15.15	$18.85
16/16	18/18	Sep 18	$0.34	$0.16	34%	2.12	$15.66	$18.34
14/15	20/20	Oct 2	$0.38	$0.62	51%	0.61	$14.62	$19.88

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 50 found (best R:R 13.29, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$15.00	$16.00	$17.00	Oct 16	$0.07	$0.93	20%	13.29
$16.50	$17.00	$17.50	Sep 4	$0.14	$0.36	51%	2.57
$17.00	$17.50	$18.00	Sep 4	$0.08	$0.42	32%	5.25
$16.50	$17.00	$17.50	Sep 18	$0.06	$0.44	17%	7.33
$17.00	$17.50	$18.00	Sep 18	$0.06	$0.44	16%	7.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$16.00	$16.50	$17.00	Sep 4	$0.12	$0.38	50%	3.17
$17.00	$18.00	$19.00	Oct 16	$0.08	$0.92	18%	11.50
$16.50	$17.00	$17.50	Sep 11	$0.07	$0.43	28%	6.14
$17.00	$17.50	$18.00	Sep 11	$0.06	$0.44	24%	7.33
$16.00	$17.00	$18.00	Oct 16	$0.11	$0.89	19%	8.09

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 61 found (best net $-0.05, 54 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$15.00	$16.00	1:2	Sep 11	-$0.05	$0.95
$14.00	$15.00	1:2	Sep 25	-$0.37	$0.63
$16.00	$16.50	1:2	Sep 4	-$0.15	$0.35
$17.00	$17.50	1:2	Sep 11	-$0.07	$0.43
$15.00	$16.00	1:2	Sep 18	-$0.67	$0.33

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$17.50	$16.50	1:2	Sep 25	-$0.26	$0.74
$18.00	$17.50	1:2	Sep 4	-$0.37	$0.13
$16.00	$15.50	1:2	Sep 18	-$0.05	$0.45
$17.00	$16.50	1:2	Sep 11	-$0.16	$0.34
$15.50	$15.00	1:2	Sep 25	-$0.11	$0.39

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 38 found (best yield 6.60%, avg 2.98%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$18.00	Oct 16	$1.11	0.45	7.0%	6.60%	13.61%	57	597
$17.00	Oct 16	$1.51	0.54	1.1%	8.98%	10.05%	110	526
$19.00	Oct 16	$0.80	0.36	13.0%	4.76%	17.72%	76	593
$20.00	Oct 16	$0.62	0.28	18.9%	3.69%	22.59%	425	11.7K
$18.00	Oct 9	$0.79	0.43	7.0%	4.70%	11.71%	9	65
$18.00	Oct 2	$0.77	0.41	7.0%	4.58%	11.59%	1	237
$19.00	Oct 9	$0.51	0.34	13.0%	3.03%	15.99%	9	37
$17.50	Oct 9	$0.86	0.47	4.0%	5.11%	9.16%	1	8
$17.00	Oct 9	$1.07	0.53	1.1%	6.36%	7.43%	10	42
$18.50	Oct 9	$0.50	0.38	10.0%	2.97%	12.96%	1	--

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 17,840

Total Puts 8,026

Put/Call Ratio 0.45

Net Difference 9,814

Prior's Put/Call Breakdown

Total Calls 16,796

Total Puts 8,133

Put/Call Ratio 0.48

Net Difference 8,663

Prior 7-Day Put/Call Summary

Total Calls 224,646

Total Puts 92,193

Average Put/Call Ratio 0.42

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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