QBTS - Options Database

QBTS

D-WAVE QUANTUM INC

$19.76 -7.64%

(8/6 09:45) ◀

Thursday, August 6, 2026 (9:50am)

▶ (8/6 09:55)

◀ 8/6 09:50 ▶

Option Volume

Detail

ℹ

Current (08/06 9:50am) 11,360

Calls: 8,614 (76%)

Puts: 2,746 (24%)

Prior (07/27) 17,482

Calls: 16,201 (93%)

Puts: 1,281 (7%)

Current vs Prior -35.02%

Calls: -46.83% (Calls)

Puts: +114.36% (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 -72.97%

Calls: -72.37%

Puts: -74.71%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/06 9:50am) $928.1K

Calls: $672.4K (72%)

Puts: $255.7K (28%)

Prior (07/27) $2.19M

Calls: $2.05M (94%)

Puts: $138.5K (6%)

Current vs Prior -57.68%

Calls: -67.27%

Puts: +84.57%

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 -84.71%

Calls: -83.87%

Puts: -86.55%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/06 9:50am) 0.32

Prior (07/27) 0.08

Current vs Prior +303.17%

Prior 7-Day Average 0.35

Current vs Prior 7-Day Avg -9.41%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/06 9:50am) 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 7.39% | 12.75%16.60% | 25.20%

Prior 11.15% | 15.76%18.80% | 29.29%

Current vs Prior -33.72% | -19.10%-11.69% | -13.96%

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

Current vs 7-Day Avg -33.97% | -21.43%-21.15% | -13.99%

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

Current vs 7-Day Eod -33.72% | -19.10%-11.01% | -12.91%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 8.91% | 10.71%

Calls: 10.96% | 11.81%

Puts: 6.85% | 9.60%

Prior 4.92% | 5.51%

Calls: 6.20% | 7.22%

Puts: 3.64% | 3.80%

Current vs Prior +81.10% | +94.37%

Prior 7-Day Avg 6.20% | 8.96%

Calls: 5.58% | 7.76%

Puts: 6.82% | 10.16%

Current vs 7-Day Avg +43.71% | +19.55%

Liquidity Expensive

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🤖 AI Insights

Moderately bullish flow with 72% call dollar volume ($672.4K). Light premium activity with dollar volume down 58% vs prior. Extreme bullish P/C ratio of 0.32 - heavy call buying (8,614 calls vs 2,746 puts). P/C ratio rising 303% - 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
09:50	BULLISH	BULLISH	BULLISH
09:45	BULLISH	BULLISH	BULLISH
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 33 of results (avg 7.8%, best 4.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$17.50	Aug 28	3.00	3.20	$3.10	6.5%	--	0.74	67
$18.50	Aug 21	2.12	2.27	$2.20	6.8%	6	0.67	129
$19.00	Sep 18	2.77	2.98	$2.88	7.3%	12	0.61	835
$19.00	Aug 21	1.83	1.97	$1.90	7.4%	58	0.62	1.5K
$20.00	Sep 18	2.31	2.49	$2.40	7.5%	3	0.55	3.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$19.00	Sep 18	1.96	2.04	$2.00	4.0%	10	0.39	1.2K
$21.50	Aug 21	2.51	2.65	$2.58	5.4%	--	0.63	229
$21.50	Aug 14	2.20	2.33	$2.27	5.7%	4	0.68	125
$20.00	Sep 18	2.50	2.65	$2.58	5.8%	12	0.45	3.6K
$22.00	Sep 18	3.70	3.95	$3.83	6.5%	--	0.57	1.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 16 found (avg $0.69, cheapest $0.41)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$22.00	Aug 14	0.41	0.47	$0.44	13.6%	221	0.26	2.7K
$21.50	Aug 14	0.52	0.58	$0.55	10.9%	44	0.31	298
$21.00	Aug 14	0.61	0.73	$0.67	17.9%	85	0.37	597
$19.50	Aug 7	0.69	0.77	$0.73	11.0%	181	0.60	679
$22.00	Aug 21	0.73	0.79	$0.76	7.9%	81	0.33	4.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$17.00	Aug 21	0.37	0.45	$0.41	19.5%	6	0.18	1.1K
$19.50	Aug 7	0.42	0.50	$0.46	17.4%	115	0.40	544
$17.50	Aug 21	0.49	0.56	$0.53	13.2%	1	0.23	916
$18.00	Aug 21	0.65	0.76	$0.71	15.5%	34	0.28	3.4K
$20.00	Aug 7	0.70	0.75	$0.73	6.8%	198	0.54	774

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 79 found (avg delta 0.71, 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	2.64	3.00	$2.82	12.8%	14	1.00	1.7K
$17.50	Aug 7	1.99	2.50	$2.25	22.7%	6	0.94	740
$16.50	Aug 7	2.88	3.50	$3.19	19.4%	4	0.94	242
$16.00	Aug 14	2.66	4.20	$3.43	44.9%	20	0.93	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	3.10	3.75	$3.43	19.0%	--	0.95	148
$22.50	Aug 7	2.55	3.95	$3.25	43.1%	--	0.93	167
$22.00	Aug 7	2.16	2.56	$2.36	16.9%	151	0.90	100
$21.50	Aug 7	1.78	1.92	$1.85	7.6%	147	0.84	638

Most actively traded options today. High liquidity = easy entry/exit. 130 active (total vol 7.3K, top 699)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$22.00	Aug 7	0.05	0.09	$0.07	57.1%	699	0.10	2.6K
$21.50	Aug 7	0.10	0.13	$0.12	25.0%	411	0.16	1.8K
$20.00	Aug 7	0.42	0.52	$0.47	21.3%	391	0.46	2.0K
$21.00	Aug 7	0.18	0.22	$0.20	20.0%	385	0.24	2.5K
$19.00	Aug 7	0.92	1.09	$1.01	16.8%	280	0.73	3.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$21.00	Aug 7	1.38	1.52	$1.45	9.7%	378	0.76	825
$20.00	Aug 7	0.70	0.75	$0.73	6.8%	198	0.54	774
$18.50	Aug 7	0.13	0.16	$0.15	20.0%	186	0.17	668
$17.00	Aug 7	0.01	0.03	$0.02	100.0%	152	0.03	662
$22.00	Aug 7	2.16	2.56	$2.36	16.9%	151	0.90	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 50.9%, max 95.3%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$16.50	Aug 7	Sep 4	186.9%	97.7%	91.3%	5	270
$16.00	Aug 7	Sep 18	168.9%	90.3%	87.1%	11	1.2K
$23.50	Aug 7	Aug 28	156.9%	87.2%	80.0%	73	797
$17.50	Aug 7	Sep 4	132.8%	79.2%	67.7%	6	754
$23.00	Aug 7	Sep 18	149.9%	93.6%	60.2%	261	3.7K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$16.50	Aug 7	Sep 11	186.9%	95.7%	95.3%	102	383
$16.00	Aug 7	Sep 18	168.9%	90.3%	87.1%	94	3.6K
$17.50	Aug 7	Sep 4	132.8%	79.2%	67.7%	146	3.2K
$23.00	Aug 7	Sep 18	149.9%	93.6%	60.2%	10	1.5K
$17.00	Aug 7	Sep 18	141.7%	89.1%	59.0%	155	2.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 99 found (best R:R 4.56, avg 1.56)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$20.50	$21.00	Sep 4	$0.10	$0.40	$0.10	4.00	$20.60
$21.50	$22.00	Sep 4	$0.10	$0.40	$0.10	4.00	$21.60
$21.50	$22.00	Aug 14	$0.11	$0.39	$0.11	3.55	$21.61
$17.50	$18.00	Aug 21	$0.11	$0.39	$0.11	3.55	$17.61
$22.00	$22.50	Aug 28	$0.11	$0.39	$0.11	3.55	$22.11

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$21.00	$20.00	Sep 4	$0.18	$0.82	$0.18	4.56	$20.82
$17.50	$17.00	Aug 21	$0.12	$0.38	$0.12	3.17	$17.38
$19.00	$18.50	Aug 7	$0.13	$0.37	$0.13	2.85	$18.87
$18.00	$17.50	Aug 14	$0.14	$0.36	$0.14	2.57	$17.86
$17.50	$17.00	Sep 4	$0.14	$0.36	$0.14	2.57	$17.36

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 115 found (best R:R 5.25, avg 1.17)

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
$18.50	$19.00	Aug 7	$0.38	$0.38	$0.12	3.17	$18.88
$16.50	$17.00	Aug 7	$0.37	$0.37	$0.13	2.85	$16.87
$16.00	$16.50	Aug 28	$0.37	$0.37	$0.13	2.85	$16.37
$17.50	$18.00	Aug 14	$0.36	$0.36	$0.14	2.57	$17.86

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$20.00	$19.00	Sep 11	$0.84	$0.84	$0.16	5.25	$19.16
$22.00	$21.50	Aug 21	$0.39	$0.39	$0.11	3.55	$21.61
$21.50	$21.00	Aug 14	$0.36	$0.36	$0.14	2.57	$21.14
$23.00	$22.00	Sep 18	$0.72	$0.72	$0.28	2.57	$22.28
$21.50	$21.00	Aug 21	$0.35	$0.35	$0.15	2.33	$21.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 29 found (avg debit $0.40, cheapest $0.08)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$23.50	Aug 7	Aug 14	$0.20	156.9%	103.8%
$23.00	Aug 7	Aug 14	$0.24	149.9%	101.7%
$22.50	Aug 7	Aug 14	$0.31	142.7%	102.1%
$16.00	Aug 7	Aug 14	$0.35	168.9%	98.6%
$22.00	Aug 7	Aug 14	$0.37	134.0%	100.0%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$16.00	Aug 7	Aug 14	$0.08	168.9%	98.6%
$16.50	Aug 7	Aug 14	$0.10	186.9%	98.2%
$17.00	Aug 7	Aug 14	$0.19	141.7%	97.7%
$17.50	Aug 7	Aug 14	$0.26	132.8%	96.1%
$22.50	Aug 7	Aug 14	$0.30	142.7%	102.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 81 found (cheapest 6.02% of stock, avg 17.90%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$19.50	Aug 7	$0.73	$0.46	$1.19	$18.31	$20.69	6.02%
$20.00	Aug 7	$0.47	$0.73	$1.20	$18.80	$21.20	6.07%
$19.00	Aug 7	$1.01	$0.28	$1.29	$17.71	$20.29	6.53%
$20.50	Aug 7	$0.32	$1.04	$1.36	$19.14	$21.86	6.88%
$18.50	Aug 7	$1.39	$0.15	$1.54	$16.96	$20.04	7.79%
$21.00	Aug 7	$0.20	$1.45	$1.65	$19.35	$22.65	8.35%
$21.50	Aug 7	$0.12	$1.85	$1.97	$19.53	$23.47	9.97%
$18.00	Aug 7	$1.90	$0.08	$1.98	$16.02	$19.98	10.02%
$17.50	Aug 7	$2.25	$0.04	$2.29	$15.21	$19.79	11.59%
$19.50	Aug 14	$1.27	$1.02	$2.29	$17.21	$21.79	11.59%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 164 found (cheapest 0.56% of stock, avg 11.70%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$22.00	$17.50	Aug 7	$0.07	$0.04	$0.11	$17.39	$22.11
$22.00	$18.00	Aug 7	$0.07	$0.08	$0.15	$17.85	$22.15
$21.50	$17.50	Aug 7	$0.12	$0.04	$0.16	$17.34	$21.66
$21.50	$18.00	Aug 7	$0.12	$0.08	$0.20	$17.80	$21.70
$22.00	$18.50	Aug 7	$0.07	$0.15	$0.22	$18.28	$22.22
$21.00	$17.50	Aug 7	$0.20	$0.04	$0.24	$17.26	$21.24
$21.50	$18.50	Aug 7	$0.12	$0.15	$0.27	$18.23	$21.77
$21.00	$18.00	Aug 7	$0.20	$0.08	$0.28	$17.72	$21.28
$21.00	$18.50	Aug 7	$0.20	$0.15	$0.35	$18.15	$21.35
$22.00	$19.00	Aug 7	$0.07	$0.28	$0.35	$18.65	$22.35

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 70 found (best R:R 8.09, avg credit $0.49)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
17/18	20/21	Sep 11	$0.89	$0.11	8.09	$17.11	$21.39
20/21	22/23	Sep 18	$0.88	$0.12	7.33	$20.12	$22.88
19/20	22/23	Sep 18	$0.86	$0.14	6.14	$19.14	$22.86
16/16	22/23	Sep 11	$0.85	$0.15	5.67	$15.65	$22.85
17/18	22/23	Sep 11	$0.85	$0.15	5.67	$17.15	$22.85
18/19	20/21	Sep 18	$0.82	$0.18	4.56	$18.18	$20.82
16/17	19/20	Sep 18	$0.81	$0.19	4.26	$16.19	$19.81
18/19	20/21	Aug 28	$0.40	$0.10	4.00	$18.60	$20.90
19/20	20/20	Aug 28	$0.40	$0.10	4.00	$19.10	$20.40
16/17	18/19	Sep 18	$0.80	$0.20	4.00	$16.20	$18.80

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 50 found (best R:R 19.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$16.00	$17.00	$18.00	Sep 18	$0.05	$0.95	19.00
$20.00	$21.00	$22.00	Sep 18	$0.06	$0.94	15.67
$18.50	$19.00	$19.50	Aug 21	$0.05	$0.45	9.00
$22.00	$22.50	$23.00	Aug 21	$0.05	$0.45	9.00
$20.00	$20.50	$21.00	Aug 28	$0.05	$0.45	9.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$21.00	$22.00	$23.00	Sep 18	$0.07	$0.93	13.29
$16.00	$17.00	$18.00	Sep 18	$0.09	$0.91	10.11
$17.00	$17.50	$18.00	Aug 14	$0.05	$0.45	9.00
$18.00	$18.50	$19.00	Aug 7	$0.06	$0.44	7.33
$18.50	$19.00	$19.50	Aug 14	$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 $-1.42, 35 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$18.50	$20.50	1:2	Sep 11	-$1.42	$0.58
$22.00	$23.00	1:2	Sep 11	-$0.47	$0.53
$20.50	$21.00	1:2	Aug 7	-$0.08	$0.42
$20.00	$20.50	1:2	Aug 7	-$0.17	$0.33
$23.00	$23.50	1:2	Aug 14	-$0.18	$0.32

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$17.00	$16.00	1:2	Sep 18	-$0.48	$0.52
$17.00	$16.50	1:2	Aug 7	-$0.06	$0.44
$17.00	$16.50	1:2	Aug 14	-$0.07	$0.43
$19.50	$19.00	1:2	Aug 7	-$0.10	$0.40
$17.50	$17.00	1:2	Aug 14	-$0.12	$0.38

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 43 found (best yield 11.69%, avg 4.65%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$20.00	Sep 18	$2.31	0.55	1.2%	11.69%	12.90%	3	3.8K
$21.00	Sep 18	$1.94	0.49	6.3%	9.82%	16.09%	6	996
$20.00	Sep 4	$1.77	0.51	1.2%	8.96%	10.17%	2	44
$22.00	Sep 18	$1.62	0.43	11.3%	8.20%	19.53%	39	3.1K
$20.50	Sep 11	$1.60	0.49	3.7%	8.10%	11.84%	--	15
$20.00	Aug 28	$1.55	0.52	1.2%	7.84%	9.06%	2	225
$20.50	Sep 4	$1.52	0.47	3.7%	7.69%	11.44%	3	4
$21.50	Sep 11	$1.39	0.42	8.8%	7.03%	15.84%	--	38
$20.50	Aug 28	$1.36	0.48	3.7%	6.88%	10.63%	1	92
$20.00	Aug 21	$1.34	0.51	1.2%	6.78%	8.00%	71	2.2K

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 8,614

Total Puts 2,746

Put/Call Ratio 0.32

Net Difference 5,868

Prior's Put/Call Breakdown

Total Calls 16,201

Total Puts 1,281

Put/Call Ratio 0.08

Net Difference 14,920

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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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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