QBTS - Options Database

QBTS

D-WAVE QUANTUM INC

$19.40 -9.30%

(8/6 09:50) ◀

Thursday, August 6, 2026 (9:55am)

▶ (8/6 10:00)

◀ 8/6 09:55 ▶

Option Volume

Detail

ℹ

Current (08/06 9:55am) 12,657

Calls: 9,614 (76%)

Puts: 3,043 (24%)

Prior (07/27) 20,917

Calls: 19,191 (92%)

Puts: 1,726 (8%)

Current vs Prior -39.49%

Calls: -49.90% (Calls)

Puts: +76.30% (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 -69.89%

Calls: -69.16%

Puts: -71.97%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/06 9:55am) $1.06M

Calls: $731.9K (69%)

Puts: $323.5K (31%)

Prior (07/27) $2.83M

Calls: $2.66M (94%)

Puts: $164.7K (6%)

Current vs Prior -62.68%

Calls: -72.52%

Puts: +96.46%

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 -82.61%

Calls: -82.44%

Puts: -82.98%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/06 9:55am) 0.32

Prior (07/27) 0.09

Current vs Prior +251.93%

Prior 7-Day Average 0.35

Current vs Prior 7-Day Avg -10.06%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/06 9:55am) 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 7.21% | 12.78%16.23% | 24.73%

Prior 11.15% | 15.76%18.80% | 29.29%

Current vs Prior -35.30% | -18.95%-13.66% | -15.57%

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

Current vs 7-Day Avg -35.55% | -21.28%-22.91% | -15.60%

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

Current vs 7-Day Eod -35.30% | -18.95%-13.00% | -14.55%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 11.25% | 12.55%

Calls: 12.66% | 11.94%

Puts: 9.84% | 13.16%

Prior 4.92% | 5.51%

Calls: 6.20% | 7.22%

Puts: 3.64% | 3.80%

Current vs Prior +128.66% | +127.77%

Prior 7-Day Avg 6.20% | 8.96%

Calls: 5.58% | 7.76%

Puts: 6.82% | 10.16%

Current vs 7-Day Avg +81.45% | +40.09%

Liquidity Expensive

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🤖 AI Insights

Moderately bullish flow with 69% call dollar volume ($731.9K). Light premium activity with dollar volume down 63% vs prior. Extreme bullish P/C ratio of 0.32 - heavy call buying (9,614 calls vs 3,043 puts). P/C ratio rising 252% - 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
09:55	BULLISH	BULLISH	BULLISH
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 32 of results (avg 7.9%, best 5.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$18.50	Aug 14	1.58	1.69	$1.64	6.7%	97	0.66	72
$18.50	Aug 21	1.90	2.04	$1.97	7.1%	6	0.64	129
$19.00	Sep 18	2.55	2.74	$2.65	7.2%	12	0.59	835
$22.00	Aug 21	0.61	0.66	$0.64	7.8%	89	0.29	4.1K
$20.00	Sep 18	2.12	2.30	$2.21	8.1%	3	0.53	3.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$22.00	Sep 18	3.90	4.10	$4.00	5.0%	--	0.59	1.4K
$21.00	Aug 7	1.67	1.76	$1.72	5.2%	415	0.83	825
$20.00	Sep 18	2.61	2.76	$2.68	5.6%	12	0.47	3.6K
$17.00	Sep 18	1.18	1.25	$1.21	5.8%	5	0.28	1.7K
$21.50	Aug 21	2.70	2.87	$2.79	6.1%	--	0.67	229

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 18 found (avg $0.67, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$22.00	Aug 7	0.05	0.06	$0.06	16.7%	708	0.08	2.6K
$20.00	Aug 7	0.32	0.36	$0.34	11.8%	460	0.36	2.0K
$19.50	Aug 7	0.48	0.58	$0.53	18.9%	189	0.49	679
$21.00	Aug 14	0.52	0.60	$0.56	14.3%	94	0.33	597
$22.00	Aug 21	0.61	0.66	$0.64	7.8%	89	0.29	4.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$19.00	Aug 7	0.35	0.41	$0.38	15.8%	154	0.37	497
$19.50	Aug 7	0.58	0.64	$0.61	9.8%	172	0.51	544
$17.50	Aug 21	0.55	0.67	$0.61	19.7%	33	0.26	916
$17.00	Aug 28	0.62	0.72	$0.67	14.9%	10	0.24	151
$18.00	Aug 21	0.72	0.84	$0.78	15.4%	41	0.31	3.4K

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	0.98	103
$17.00	Aug 7	2.35	2.82	$2.59	18.1%	15	0.97	1.7K
$16.50	Aug 7	2.76	3.50	$3.13	23.6%	4	0.95	242
$16.00	Aug 14	2.66	4.20	$3.43	44.9%	20	0.93	54
$17.50	Aug 7	1.83	2.50	$2.17	30.9%	6	0.93	740

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$23.00	Aug 7	3.45	3.70	$3.58	7.0%	--	1.00	148
$22.50	Aug 7	2.55	3.70	$3.13	36.7%	--	0.93	167
$22.00	Aug 7	2.30	2.76	$2.53	18.2%	151	0.91	100
$21.50	Aug 7	1.99	2.20	$2.10	10.0%	156	0.88	638
$23.00	Aug 14	3.55	4.10	$3.83	14.4%	--	0.84	194

Most actively traded options today. High liquidity = easy entry/exit. 133 active (total vol 8.2K, top 708)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$22.00	Aug 7	0.05	0.06	$0.06	16.7%	708	0.08	2.6K
$21.50	Aug 7	0.07	0.10	$0.09	33.3%	462	0.11	1.8K
$20.00	Aug 7	0.32	0.36	$0.34	11.8%	460	0.36	2.0K
$21.00	Aug 7	0.12	0.15	$0.14	21.4%	415	0.17	2.5K
$19.00	Aug 7	0.74	0.84	$0.79	12.7%	378	0.63	3.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$21.00	Aug 7	1.67	1.76	$1.72	5.2%	415	0.83	825
$20.00	Aug 7	0.86	0.97	$0.92	12.0%	199	0.64	774
$18.50	Aug 7	0.14	0.23	$0.19	47.4%	188	0.23	668
$19.50	Aug 7	0.58	0.64	$0.61	9.8%	172	0.51	544
$21.50	Aug 7	1.99	2.20	$2.10	10.0%	156	0.88	638

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 30 strikes (avg 46.4%, max 78.2%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$16.50	Aug 7	Sep 4	170.6%	98.2%	73.8%	5	270
$16.00	Aug 7	Sep 18	155.5%	91.4%	70.0%	11	1.2K
$23.00	Aug 7	Sep 18	156.9%	94.8%	65.4%	266	3.7K
$22.50	Aug 7	Sep 4	149.5%	93.7%	59.5%	49	952
$22.00	Aug 7	Sep 18	144.9%	94.1%	54.0%	747	5.6K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$16.50	Aug 7	Sep 11	170.6%	95.8%	78.2%	102	383
$16.00	Aug 7	Sep 18	155.5%	91.4%	70.0%	94	3.6K
$23.00	Aug 7	Sep 18	156.9%	94.8%	65.4%	10	1.5K
$22.50	Aug 7	Aug 28	149.5%	94.4%	58.3%	--	209
$22.00	Aug 7	Sep 18	144.9%	94.1%	54.0%	151	1.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 96 found (best R:R 4.00, avg 1.54)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$21.50	$22.00	Sep 4	$0.10	$0.40	$0.10	4.00	$21.60
$21.50	$22.00	Aug 21	$0.11	$0.39	$0.11	3.55	$21.61
$20.50	$21.00	Sep 4	$0.11	$0.39	$0.11	3.55	$20.61
$22.50	$23.00	Sep 4	$0.11	$0.39	$0.11	3.55	$22.61
$20.00	$20.50	Aug 7	$0.12	$0.38	$0.12	3.17	$20.12

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$18.50	$18.00	Aug 7	$0.10	$0.40	$0.10	4.00	$18.40
$17.50	$17.00	Aug 14	$0.12	$0.38	$0.12	3.17	$17.38
$18.00	$17.00	Sep 11	$0.24	$0.76	$0.24	3.17	$17.76
$17.00	$16.50	Aug 21	$0.13	$0.37	$0.13	2.85	$16.87
$17.50	$17.00	Aug 28	$0.13	$0.37	$0.13	2.85	$17.37

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 114 found (best R:R 4.00, avg 1.18)

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
$17.00	$17.50	Aug 28	$0.39	$0.39	$0.11	3.55	$17.39
$16.00	$16.50	Aug 28	$0.37	$0.37	$0.13	2.85	$16.37
$17.00	$18.00	Sep 18	$0.73	$0.73	$0.27	2.70	$17.73
$17.50	$18.00	Sep 4	$0.35	$0.35	$0.15	2.33	$17.85

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$21.00	$20.50	Aug 14	$0.39	$0.39	$0.11	3.55	$20.61
$20.00	$19.00	Sep 11	$0.78	$0.78	$0.22	3.55	$19.22
$20.50	$20.00	Aug 7	$0.38	$0.38	$0.12	3.17	$20.12
$21.50	$21.00	Aug 7	$0.38	$0.38	$0.12	3.17	$21.12
$21.50	$21.00	Sep 4	$0.38	$0.38	$0.12	3.17	$21.12

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 28 found (avg debit $0.38, cheapest $0.08)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$23.00	Aug 7	Aug 14	$0.22	156.9%	105.5%
$22.50	Aug 7	Aug 14	$0.26	149.5%	102.9%
$17.50	Aug 7	Aug 14	$0.30	122.7%	94.2%
$22.00	Aug 7	Aug 14	$0.31	144.9%	101.0%
$16.00	Aug 7	Aug 14	$0.35	155.5%	92.7%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$16.00	Aug 7	Aug 14	$0.08	155.5%	92.7%
$16.50	Aug 7	Aug 14	$0.11	170.6%	92.5%
$22.00	Aug 7	Aug 14	$0.18	144.9%	101.0%
$17.00	Aug 7	Aug 14	$0.20	126.5%	91.2%
$23.00	Aug 7	Aug 14	$0.25	156.9%	105.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 80 found (cheapest 5.88% of stock, avg 18.04%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$19.50	Aug 7	$0.53	$0.61	$1.14	$18.36	$20.64	5.88%
$19.00	Aug 7	$0.79	$0.38	$1.17	$17.83	$20.17	6.03%
$20.00	Aug 7	$0.34	$0.92	$1.26	$18.74	$21.26	6.49%
$18.50	Aug 7	$1.13	$0.19	$1.32	$17.18	$19.82	6.80%
$20.50	Aug 7	$0.22	$1.30	$1.52	$18.98	$22.02	7.84%
$18.00	Aug 7	$1.62	$0.09	$1.71	$16.29	$19.71	8.81%
$21.00	Aug 7	$0.14	$1.72	$1.86	$19.14	$22.86	9.59%
$21.50	Aug 7	$0.09	$2.10	$2.19	$19.31	$23.69	11.29%
$17.50	Aug 7	$2.17	$0.05	$2.22	$15.28	$19.72	11.44%
$19.00	Aug 14	$1.34	$0.88	$2.22	$16.78	$21.22	11.44%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 160 found (cheapest 0.72% of stock, avg 11.64%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$21.50	$17.50	Aug 7	$0.09	$0.05	$0.14	$17.36	$21.64
$21.50	$18.00	Aug 7	$0.09	$0.09	$0.18	$17.82	$21.68
$21.00	$17.50	Aug 7	$0.14	$0.05	$0.19	$17.31	$21.19
$21.00	$18.00	Aug 7	$0.14	$0.09	$0.23	$17.77	$21.23
$20.50	$17.50	Aug 7	$0.22	$0.05	$0.27	$17.23	$20.77
$21.50	$18.50	Aug 7	$0.09	$0.19	$0.28	$18.22	$21.78
$20.50	$18.00	Aug 7	$0.22	$0.09	$0.31	$17.69	$20.81
$21.00	$18.50	Aug 7	$0.14	$0.19	$0.33	$18.17	$21.33
$20.00	$17.50	Aug 7	$0.34	$0.05	$0.39	$17.11	$20.39
$20.50	$18.50	Aug 7	$0.22	$0.19	$0.41	$18.09	$20.91

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 88 found (best R:R 6.14, avg credit $0.45)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
18/19	21/22	Sep 18	$0.86	$0.14	6.14	$18.14	$21.86
19/20	21/22	Sep 18	$0.86	$0.14	6.14	$19.14	$21.86
16/17	18/19	Sep 18	$0.85	$0.15	5.67	$16.15	$18.85
17/18	19/20	Sep 18	$0.85	$0.15	5.67	$17.15	$19.85
18/19	20/21	Sep 18	$0.85	$0.15	5.67	$18.15	$20.85
20/21	22/23	Sep 18	$0.85	$0.15	5.67	$20.15	$22.85
18/18	19/20	Aug 14	$0.40	$0.10	4.00	$17.60	$19.40
17/18	18/18	Aug 28	$0.40	$0.10	4.00	$17.10	$18.40
18/18	19/20	Aug 28	$0.40	$0.10	4.00	$17.60	$19.40
18/18	19/20	Aug 28	$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	$0.08	$0.92	11.50
$18.00	$19.00	$20.00	Sep 18	$0.11	$0.89	8.09
$17.50	$18.00	$18.50	Aug 7	$0.06	$0.44	7.33
$19.50	$20.00	$20.50	Aug 14	$0.06	$0.44	7.33
$22.00	$22.50	$23.00	Aug 28	$0.06	$0.44	7.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$19.00	$20.00	$21.00	Sep 18	$0.07	$0.93	13.29
$16.00	$17.00	$18.00	Sep 18	$0.11	$0.89	8.09
$17.50	$18.00	$18.50	Aug 7	$0.06	$0.44	7.33
$19.00	$19.50	$20.00	Aug 21	$0.06	$0.44	7.33
$17.50	$18.00	$18.50	Sep 4	$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. 32 found (best net $-1.42, 32 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$18.50	$20.50	1:2	Sep 11	-$1.42	$0.58
$20.50	$21.00	1:2	Aug 7	-$0.06	$0.44
$20.00	$20.50	1:2	Aug 7	-$0.10	$0.40
$19.50	$20.00	1:2	Aug 7	-$0.15	$0.35
$22.50	$23.00	1:2	Aug 14	-$0.20	$0.30

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$17.00	$16.50	1:2	Aug 7	-$0.06	$0.44
$17.00	$16.50	1:2	Aug 14	-$0.08	$0.42
$17.50	$17.00	1:2	Aug 14	-$0.10	$0.40
$17.00	$16.00	1:2	Sep 18	-$0.61	$0.39
$19.50	$19.00	1:2	Aug 7	-$0.15	$0.35

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 46 found (best yield 10.93%, avg 4.84%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$20.00	Sep 18	$2.12	0.53	3.1%	10.93%	14.02%	3	3.8K
$19.50	Sep 4	$1.85	0.55	0.5%	9.54%	10.05%	1	15
$21.00	Sep 18	$1.77	0.47	8.2%	9.12%	17.37%	8	996
$20.00	Sep 4	$1.70	0.51	3.1%	8.76%	11.86%	3	44
$19.50	Aug 28	$1.65	0.54	0.5%	8.51%	9.02%	9	167
$20.50	Sep 11	$1.60	0.49	5.7%	8.25%	13.92%	--	15
$20.50	Sep 4	$1.52	0.48	5.7%	7.84%	13.51%	3	4
$22.00	Sep 18	$1.48	0.41	13.4%	7.63%	21.03%	39	3.1K
$20.00	Aug 28	$1.47	0.50	3.1%	7.58%	10.67%	2	225
$21.00	Sep 11	$1.40	0.45	8.2%	7.22%	15.46%	--	59

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 9,614

Total Puts 3,043

Put/Call Ratio 0.32

Net Difference 6,571

Prior's Put/Call Breakdown

Total Calls 19,191

Total Puts 1,726

Put/Call Ratio 0.09

Net Difference 17,465

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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