QBTS - Options Database

QBTS

D-WAVE QUANTUM INC

$19.79 -7.48%

(8/6 09:35) ◀

Thursday, August 6, 2026 (9:40am)

▶ (8/6 09:45)

◀ 8/6 09:40 ▶

Option Volume

Detail

ℹ

Current (08/06 9:40am) 9,399

Calls: 7,058 (75%)

Puts: 2,341 (25%)

Prior (07/27) 10,550

Calls: 9,894 (94%)

Puts: 656 (6%)

Current vs Prior -10.91%

Calls: -28.66% (Calls)

Puts: +256.86% (Puts)

Prior 7-Day Total 294,225

Calls: 218,218 (74%)

Puts: 76,007 (26%)

Prior 7-Day Average 42,032

Calls: 31,174 (74%)

Puts: 10,858 (26%)

Current vs Prior 7-Day Avg -77.64%

Calls: -77.36%

Puts: -78.44%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/06 9:40am) $717.6K

Calls: $497.7K (69%)

Puts: $219.8K (31%)

Prior (07/27) $1.26M

Calls: $1.17M (93%)

Puts: $89.2K (7%)

Current vs Prior -43.02%

Calls: -57.46%

Puts: +146.39%

Prior 7-Day Total $42.49M

Calls: $29.18M (69%)

Puts: $13.31M (31%)

Prior 7-Day Average $6.07M

Calls: $4.17M (69%)

Puts: $1.90M (31%)

Current vs Prior 7-Day Avg -88.18%

Calls: -88.06%

Puts: -88.44%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/06 9:40am) 0.33

Prior (07/27) 0.07

Current vs Prior +400.25%

Prior 7-Day Average 0.35

Current vs Prior 7-Day Avg -5.74%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/06 9:40am) 571,465

Calls: 324,776 (57%)

Puts: 246,689 (43%)

Prior (07/27) 494,701

Calls: 271,126 (55%)

Puts: 223,575 (45%)

Current vs Prior +15.52%

Prior 7-Day Total 3,770,522

Calls: 2,060,246 (59%)

Puts: 1,431,700 (41%)

Prior 7-Day Average 538,646

Calls: 294,320 (59%)

Puts: 204,528 (41%)

Current vs Prior 7-Day Avg +6.09%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)

Current 7.73% | 13.09%16.93% | 25.37%

Prior 11.15% | 15.76%18.80% | 29.29%

Current vs Prior -30.65% | -16.98%-9.94% | -13.40%

Prior 7-Day Avg 11.19% | 16.23%21.05% | 29.30%

Current vs 7-Day Avg -30.91% | -19.37%-19.58% | -13.43%

Prior 7-Day Eod 11.15% | 15.76%18.65% | 28.94%

Current vs 7-Day Eod -30.65% | -16.98%-9.25% | -12.35%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 13.07% | 12.74%

Calls: 13.16% | 11.54%

Puts: 12.99% | 13.95%

Prior 4.92% | 5.51%

Calls: 6.20% | 7.22%

Puts: 3.64% | 3.80%

Current vs Prior +165.65% | +131.22%

Prior 7-Day Avg 6.20% | 8.96%

Calls: 5.58% | 7.76%

Puts: 6.82% | 10.16%

Current vs 7-Day Avg +110.81% | +42.21%

Liquidity Expensive

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🤖 AI Insights

Moderately bullish flow with 69% call dollar volume ($497.7K). Extreme bullish P/C ratio of 0.33 - heavy call buying (7,058 calls vs 2,341 puts). P/C ratio rising 400% - 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 NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
09:40	BULLISH	BULLISH	BULLISH
09:35	BULLISH	BULLISH	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

🎯

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 21 of results (avg 8.0%, best 4.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$18.50	Aug 21	2.14	2.26	$2.20	5.5%	6	0.67	129
$19.00	Aug 14	1.48	1.60	$1.54	7.8%	89	0.63	296
$20.00	Sep 18	2.32	2.51	$2.42	7.9%	3	0.55	3.8K
$18.00	Sep 18	3.20	3.50	$3.35	9.0%	4	0.67	1.2K
$21.00	Sep 18	1.93	2.12	$2.03	9.4%	6	0.48	996

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$21.50	Aug 21	2.55	2.67	$2.61	4.6%	--	0.63	229
$20.00	Sep 18	2.53	2.66	$2.60	5.0%	12	0.45	3.6K
$23.00	Sep 18	4.45	4.75	$4.60	6.5%	10	0.62	1.3K
$21.00	Aug 21	2.19	2.35	$2.27	7.0%	24	0.59	535
$20.50	Aug 21	1.87	2.01	$1.94	7.2%	31	0.54	82

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 14 found (avg $0.67, cheapest $0.32)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$23.00	Aug 14	0.30	0.34	$0.32	12.5%	35	0.19	502
$22.00	Aug 14	0.43	0.51	$0.47	17.0%	104	0.27	2.7K
$20.00	Aug 7	0.47	0.57	$0.52	19.2%	293	0.45	2.0K
$23.00	Aug 21	0.49	0.59	$0.54	18.5%	9	0.25	2.4K
$21.50	Aug 14	0.52	0.62	$0.57	17.5%	33	0.31	298

PUTS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$18.00	Aug 21	0.68	0.80	$0.74	16.2%	28	0.28	3.4K
$20.00	Aug 7	0.72	0.82	$0.77	13.0%	175	0.55	774
$19.00	Aug 14	0.74	0.88	$0.81	17.3%	5	0.37	147
$18.50	Aug 21	0.86	0.99	$0.93	14.0%	7	0.33	151

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 81 found (avg delta 0.70, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$16.00	Aug 7	2.10	4.05	$3.08	63.3%	1	1.00	103
$17.00	Aug 7	2.55	3.05	$2.80	17.9%	12	0.95	1.7K
$16.50	Aug 7	2.07	3.55	$2.81	52.7%	3	0.94	242
$17.50	Aug 7	1.67	2.53	$2.10	41.0%	5	0.93	740
$16.00	Aug 14	2.66	4.20	$3.43	44.9%	20	0.92	54

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$23.50	Aug 7	3.50	5.00	$4.25	35.3%	--	0.96	17
$23.00	Aug 7	3.15	4.45	$3.80	34.2%	--	0.95	148
$22.50	Aug 7	2.55	3.95	$3.25	43.1%	--	0.93	167
$22.00	Aug 7	2.18	2.84	$2.51	26.3%	151	0.89	100
$21.50	Aug 7	1.72	1.93	$1.83	11.5%	140	0.83	638

Most actively traded options today. High liquidity = easy entry/exit. 120 active (total vol 5.8K, top 633)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$22.00	Aug 7	0.08	0.10	$0.09	22.2%	633	0.11	2.6K
$20.00	Aug 7	0.47	0.57	$0.52	19.2%	293	0.45	2.0K
$21.50	Aug 7	0.12	0.16	$0.14	28.6%	292	0.17	1.8K
$19.00	Aug 7	1.02	1.18	$1.10	14.5%	274	0.70	3.5K
$23.00	Aug 7	0.02	0.05	$0.04	75.0%	229	0.05	2.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$21.00	Aug 7	1.37	1.50	$1.44	9.0%	301	0.77	825
$18.50	Aug 7	0.15	0.24	$0.20	45.0%	179	0.21	668
$20.00	Aug 7	0.72	0.82	$0.77	13.0%	175	0.55	774
$17.00	Aug 7	0.01	0.04	$0.03	100.0%	151	0.04	662
$22.00	Aug 7	2.18	2.84	$2.51	26.3%	151	0.89	100

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 31 strikes (avg 57.6%, max 102.8%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$16.00	Aug 7	Sep 18	185.0%	91.2%	102.8%	6	1.2K
$16.50	Aug 7	Sep 4	183.3%	98.8%	85.6%	3	270
$23.50	Aug 7	Aug 28	159.4%	87.9%	81.3%	57	797
$22.50	Aug 7	Sep 4	148.8%	91.1%	63.3%	29	952
$23.00	Aug 7	Sep 18	152.6%	94.6%	61.3%	235	3.7K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$16.00	Aug 7	Sep 18	185.0%	91.2%	102.8%	32	3.6K
$16.50	Aug 7	Sep 11	183.3%	91.3%	100.7%	102	383
$23.00	Aug 7	Sep 18	152.6%	94.6%	61.3%	10	1.5K
$18.50	Aug 7	Sep 11	141.1%	88.1%	60.2%	179	686
$17.00	Aug 7	Sep 18	144.1%	90.5%	59.2%	152	2.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 103 found (best R:R 4.00, avg 1.50)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$21.50	$22.00	Sep 11	$0.10	$0.40	$0.10	4.00	$21.60
$22.00	$22.50	Aug 21	$0.11	$0.39	$0.11	3.55	$22.11
$22.50	$23.00	Aug 28	$0.11	$0.39	$0.11	3.55	$22.61
$22.00	$22.50	Aug 28	$0.12	$0.38	$0.12	3.17	$22.12
$17.00	$17.50	Aug 21	$0.13	$0.37	$0.13	2.85	$17.13

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$17.50	$17.00	Aug 14	$0.10	$0.40	$0.10	4.00	$17.40
$19.00	$18.50	Aug 7	$0.12	$0.38	$0.12	3.17	$18.88
$17.00	$16.50	Aug 21	$0.12	$0.38	$0.12	3.17	$16.88
$18.00	$17.50	Aug 14	$0.13	$0.37	$0.13	2.85	$17.87
$21.50	$21.00	Sep 4	$0.13	$0.37	$0.13	2.85	$21.37

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 120 found (best R:R 4.00, avg 1.15)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$16.00	$16.50	Sep 4	$0.40	$0.40	$0.10	4.00	$16.40
$16.00	$16.50	Aug 28	$0.37	$0.37	$0.13	2.85	$16.37
$18.00	$18.50	Aug 14	$0.36	$0.36	$0.14	2.57	$18.36
$20.00	$20.50	Aug 14	$0.36	$0.36	$0.14	2.57	$20.36
$17.50	$18.00	Aug 14	$0.35	$0.35	$0.15	2.33	$17.85

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$21.50	$21.00	Aug 7	$0.39	$0.39	$0.11	3.55	$21.11
$20.00	$19.00	Sep 11	$0.77	$0.77	$0.23	3.35	$19.23
$22.00	$21.00	Aug 28	$0.75	$0.75	$0.25	3.00	$21.25
$21.00	$20.50	Aug 7	$0.37	$0.37	$0.13	2.85	$20.63
$23.00	$22.00	Sep 18	$0.72	$0.72	$0.28	2.57	$22.28

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 30 found (avg debit $0.36, cheapest $0.08)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$23.50	Aug 7	Aug 14	$0.15	159.4%	97.0%
$16.50	Aug 7	Aug 14	$0.17	183.3%	96.7%
$22.50	Aug 7	Aug 14	$0.23	148.8%	95.2%
$23.00	Aug 7	Aug 14	$0.28	152.6%	108.3%
$16.00	Aug 7	Aug 14	$0.35	185.0%	98.6%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$16.00	Aug 7	Aug 14	$0.08	185.0%	98.6%
$16.50	Aug 7	Aug 14	$0.10	183.3%	96.7%
$17.00	Aug 7	Aug 14	$0.19	144.1%	96.9%
$23.00	Aug 7	Aug 14	$0.20	152.6%	108.3%
$17.50	Aug 7	Aug 14	$0.27	136.6%	96.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 81 found (cheapest 6.42% of stock, avg 18.02%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$19.50	Aug 7	$0.76	$0.51	$1.27	$18.23	$20.77	6.42%
$20.00	Aug 7	$0.52	$0.77	$1.29	$18.71	$21.29	6.52%
$19.00	Aug 7	$1.10	$0.32	$1.42	$17.58	$20.42	7.18%
$20.50	Aug 7	$0.37	$1.07	$1.44	$19.06	$21.94	7.28%
$21.00	Aug 7	$0.22	$1.44	$1.66	$19.34	$22.66	8.39%
$18.50	Aug 7	$1.51	$0.20	$1.71	$16.79	$20.21	8.64%
$18.00	Aug 7	$1.83	$0.11	$1.94	$16.06	$19.94	9.80%
$21.50	Aug 7	$0.14	$1.83	$1.97	$19.53	$23.47	9.95%
$17.50	Aug 7	$2.10	$0.05	$2.15	$15.35	$19.65	10.86%
$19.50	Aug 14	$1.30	$0.97	$2.27	$17.23	$21.77	11.47%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 165 found (cheapest 0.71% of stock, avg 11.64%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$22.00	$17.50	Aug 7	$0.09	$0.05	$0.14	$17.36	$22.14
$21.50	$17.50	Aug 7	$0.14	$0.05	$0.19	$17.31	$21.69
$22.00	$18.00	Aug 7	$0.09	$0.11	$0.20	$17.80	$22.20
$21.50	$18.00	Aug 7	$0.14	$0.11	$0.25	$17.75	$21.75
$21.00	$17.50	Aug 7	$0.22	$0.05	$0.27	$17.23	$21.27
$22.00	$18.50	Aug 7	$0.09	$0.20	$0.29	$18.21	$22.29
$21.00	$18.00	Aug 7	$0.22	$0.11	$0.33	$17.67	$21.33
$21.50	$18.50	Aug 7	$0.14	$0.20	$0.34	$18.16	$21.84
$22.00	$19.00	Aug 7	$0.09	$0.32	$0.41	$18.59	$22.41
$20.50	$17.50	Aug 7	$0.37	$0.05	$0.42	$17.08	$20.92

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 74 found (best R:R 8.09, avg credit $0.49)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
19/20	21/22	Sep 18	$0.89	$0.11	8.09	$19.11	$21.89
19/20	22/22	Sep 11	$0.87	$0.13	6.69	$19.13	$22.37
18/19	20/21	Sep 18	$0.87	$0.13	6.69	$18.13	$20.87
20/21	22/23	Sep 18	$0.87	$0.13	6.69	$20.13	$22.87
18/19	21/22	Sep 18	$0.82	$0.18	4.56	$18.18	$21.82
19/20	22/23	Sep 18	$0.82	$0.18	4.56	$19.18	$22.82
16/16	22/23	Sep 11	$0.81	$0.19	4.26	$15.69	$22.81
20/20	22/23	Sep 11	$0.81	$0.19	4.26	$19.69	$22.81
16/17	19/20	Sep 18	$0.81	$0.19	4.26	$16.19	$19.81
18/18	19/20	Aug 14	$0.40	$0.10	4.00	$18.10	$19.40

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 46 found (best R:R 13.29, cheapest $0.06)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$21.00	$22.00	$23.00	Sep 18	$0.07	$0.93	13.29
$19.00	$20.00	$21.00	Sep 18	$0.10	$0.90	9.00
$19.00	$19.50	$20.00	Aug 14	$0.06	$0.44	7.33
$18.50	$19.00	$19.50	Aug 28	$0.06	$0.44	7.33
$19.00	$19.50	$20.00	Aug 28	$0.06	$0.44	7.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$17.00	$18.00	$19.00	Sep 18	$0.07	$0.93	13.29
$18.00	$19.00	$20.00	Sep 18	$0.07	$0.93	13.29
$20.00	$21.00	$22.00	Sep 18	$0.08	$0.92	11.50
$16.00	$17.00	$18.00	Sep 18	$0.09	$0.91	10.11
$21.50	$22.00	$22.50	Aug 7	$0.06	$0.44	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. 35 found (best net $-0.98, 35 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$18.50	$20.50	1:2	Sep 11	-$0.98	$1.02
$22.00	$23.00	1:2	Sep 11	-$0.45	$0.55
$21.00	$21.50	1:2	Aug 7	-$0.06	$0.44
$20.50	$21.00	1:2	Aug 7	-$0.07	$0.43
$22.00	$22.50	1:2	Aug 14	-$0.11	$0.39

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$17.00	$16.00	1:2	Sep 18	-$0.52	$0.48
$17.00	$16.50	1:2	Aug 7	-$0.05	$0.45
$16.50	$16.00	1:2	Aug 14	-$0.06	$0.44
$17.00	$16.50	1:2	Aug 14	-$0.06	$0.44
$19.00	$18.50	1:2	Aug 7	-$0.08	$0.42

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 43 found (best yield 11.72%, avg 4.51%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$20.00	Sep 18	$2.32	0.55	1.1%	11.72%	12.78%	3	3.8K
$21.00	Sep 18	$1.93	0.48	6.1%	9.75%	15.87%	6	996
$20.00	Sep 4	$1.76	0.52	1.1%	8.89%	9.95%	1	44
$22.00	Sep 18	$1.61	0.43	11.2%	8.14%	19.30%	39	3.1K
$20.00	Aug 28	$1.55	0.52	1.1%	7.83%	8.89%	1	225
$20.50	Sep 4	$1.51	0.47	3.6%	7.63%	11.22%	2	4
$20.00	Aug 21	$1.37	0.52	1.1%	6.92%	7.98%	59	2.2K
$20.50	Aug 28	$1.36	0.47	3.6%	6.87%	10.46%	1	92
$23.00	Sep 18	$1.34	0.38	16.2%	6.77%	22.99%	6	1.7K
$21.50	Sep 11	$1.33	0.41	8.6%	6.72%	15.36%	--	38

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 7,058

Total Puts 2,341

Put/Call Ratio 0.33

Net Difference 4,717

Prior's Put/Call Breakdown

Total Calls 9,894

Total Puts 656

Put/Call Ratio 0.07

Net Difference 9,238

Prior 7-Day Put/Call Summary

Total Calls 218,218

Total Puts 76,007

Average Put/Call Ratio 0.35

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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