QBTS - Options Database

QBTS

D-WAVE QUANTUM INC

$19.91 -6.93%

(8/6 10:00) ◀

Thursday, August 6, 2026 (10:05am)

▶ (8/6 10:10)

◀ 8/6 10:05 ▶

Option Volume

Detail

ℹ

Current (08/06 10:05am) 14,428

Calls: 10,799 (75%)

Puts: 3,629 (25%)

Prior (07/27) 20,917

Calls: 19,191 (92%)

Puts: 1,726 (8%)

Current vs Prior -31.02%

Calls: -43.73% (Calls)

Puts: +110.25% (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 -65.67%

Calls: -65.36%

Puts: -66.58%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/06 10:05am) $1.23M

Calls: $896.1K (73%)

Puts: $331.4K (27%)

Prior (07/27) $2.83M

Calls: $2.66M (94%)

Puts: $164.7K (6%)

Current vs Prior -56.60%

Calls: -66.36%

Puts: +101.27%

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 -79.78%

Calls: -78.51%

Puts: -82.57%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/06 10:05am) 0.34

Prior (07/27) 0.09

Current vs Prior +273.65%

Prior 7-Day Average 0.35

Current vs Prior 7-Day Avg -4.52%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/06 10:05am) 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 7.18% | 12.81%16.32% | 24.96%

Prior 11.15% | 15.76%18.80% | 29.29%

Current vs Prior -35.57% | -18.76%-13.16% | -14.78%

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

Current vs 7-Day Avg -35.82% | -21.10%-22.45% | -14.81%

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

Current vs 7-Day Eod -35.57% | -18.76%-12.49% | -13.74%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 22.78% | 12.13%

Calls: 19.75% | 12.50%

Puts: 25.81% | 11.76%

Prior 4.92% | 5.51%

Calls: 6.20% | 7.22%

Puts: 3.64% | 3.80%

Current vs Prior +363.01% | +120.15%

Prior 7-Day Avg 6.20% | 8.96%

Calls: 5.58% | 7.76%

Puts: 6.82% | 10.16%

Current vs 7-Day Avg +267.42% | +35.40%

Liquidity Expensive

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🤖 AI Insights

Moderately bullish flow with 73% call dollar volume ($896.1K). Light premium activity with dollar volume down 57% vs prior. Extreme bullish P/C ratio of 0.34 - heavy call buying (10,799 calls vs 3,629 puts). P/C ratio rising 274% - 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
10:05	BULLISH	BULLISH	BULLISH
10:00	BULLISH	BULLISH	BULLISH
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 29 of results (avg 7.2%, best 3.1%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$21.00	Sep 18	1.98	2.10	$2.04	5.9%	19	0.49	996
$19.00	Aug 21	1.90	2.02	$1.96	6.1%	58	0.63	1.5K
$20.00	Aug 21	1.40	1.49	$1.44	6.3%	147	0.52	2.2K
$20.00	Sep 18	2.40	2.57	$2.49	6.8%	13	0.56	3.8K
$19.00	Sep 18	2.84	3.05	$2.95	7.1%	12	0.62	835

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$19.00	Sep 18	1.90	1.96	$1.93	3.1%	18	0.38	1.2K
$21.50	Aug 21	2.42	2.53	$2.47	4.5%	--	0.62	229
$18.00	Sep 18	1.43	1.50	$1.47	4.8%	2	0.31	2.3K
$21.00	Sep 18	3.00	3.15	$3.08	4.9%	2	0.50	532
$23.00	Sep 18	4.35	4.60	$4.47	5.6%	10	0.61	1.3K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 16 found (avg $0.69, cheapest $0.22)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$21.00	Aug 7	0.21	0.24	$0.22	13.6%	537	0.24	2.5K
$23.00	Aug 14	0.27	0.31	$0.29	13.8%	306	0.19	502
$23.00	Aug 21	0.47	0.57	$0.52	19.2%	16	0.25	2.4K
$21.50	Aug 14	0.51	0.62	$0.56	19.6%	74	0.32	298
$22.50	Aug 21	0.56	0.68	$0.62	19.4%	13	0.29	293

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$18.00	Aug 21	0.59	0.72	$0.66	19.7%	63	0.27	3.4K
$19.00	Aug 14	0.67	0.78	$0.73	15.1%	52	0.35	147
$16.00	Sep 18	0.72	0.83	$0.77	14.3%	68	0.20	2.4K
$18.50	Aug 21	0.79	0.90	$0.85	12.9%	17	0.32	151
$18.00	Aug 28	0.83	0.97	$0.90	15.6%	43	0.29	65

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 82 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	0.99	103
$17.00	Aug 7	2.40	3.05	$2.72	23.9%	15	0.97	1.7K
$17.50	Aug 7	1.83	2.70	$2.27	38.3%	6	0.97	740
$16.50	Aug 7	3.10	3.60	$3.35	14.9%	4	0.96	242
$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	3.45	5.00	$4.22	36.7%	--	1.00	17
$23.00	Aug 7	2.95	3.75	$3.35	23.9%	--	0.95	148
$22.50	Aug 7	2.51	3.70	$3.11	38.3%	--	0.92	167
$22.00	Aug 7	2.09	2.46	$2.28	16.2%	153	0.89	100
$21.50	Aug 7	1.64	1.81	$1.73	9.8%	175	0.84	638

Most actively traded options today. High liquidity = easy entry/exit. 142 active (total vol 9.7K, top 818)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$22.00	Aug 7	0.06	0.10	$0.08	50.0%	818	0.11	2.6K
$20.00	Aug 7	0.48	0.63	$0.55	27.3%	595	0.50	2.0K
$21.00	Aug 7	0.21	0.24	$0.22	13.6%	537	0.24	2.5K
$21.50	Aug 7	0.10	0.15	$0.13	38.5%	497	0.16	1.8K
$19.00	Aug 7	1.03	1.21	$1.12	16.1%	380	0.75	3.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$21.00	Aug 7	1.23	1.37	$1.30	10.8%	415	0.76	825
$20.00	Aug 7	0.54	0.70	$0.62	25.8%	221	0.51	774
$19.00	Aug 7	0.19	0.29	$0.24	41.7%	199	0.25	497
$19.50	Aug 7	0.36	0.46	$0.41	24.4%	195	0.37	544
$18.50	Aug 7	0.11	0.14	$0.13	23.1%	193	0.15	668

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 32 strikes (avg 50.8%, max 99.7%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$16.50	Aug 7	Sep 4	192.5%	98.2%	96.0%	5	270
$16.00	Aug 7	Sep 18	173.7%	89.9%	93.2%	15	1.2K
$23.50	Aug 7	Aug 28	147.3%	83.3%	76.8%	97	797
$17.00	Aug 7	Sep 18	146.8%	88.3%	66.3%	25	2.3K
$23.00	Aug 7	Sep 18	141.3%	91.8%	54.0%	285	3.7K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$16.50	Aug 7	Sep 11	192.5%	96.4%	99.7%	104	383
$16.00	Aug 7	Sep 18	173.7%	89.9%	93.2%	99	3.6K
$23.50	Aug 7	Aug 28	147.3%	83.3%	76.8%	15	18
$17.00	Aug 7	Sep 18	146.8%	88.3%	66.3%	161	2.4K
$22.50	Aug 7	Aug 28	143.9%	91.9%	56.6%	--	209

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 106 found (best R:R 4.00, avg 1.66)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$18.50	$19.00	Sep 4	$0.10	$0.40	$0.10	4.00	$18.60
$21.50	$22.00	Sep 4	$0.10	$0.40	$0.10	4.00	$21.60
$20.50	$21.00	Aug 7	$0.11	$0.39	$0.11	3.55	$20.61
$21.50	$22.00	Aug 14	$0.12	$0.38	$0.12	3.17	$21.62
$18.50	$20.00	Sep 11	$0.37	$1.13	$0.37	3.05	$18.87

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$17.00	$16.50	Aug 14	$0.10	$0.40	$0.10	4.00	$16.90
$18.00	$17.00	Sep 11	$0.20	$0.80	$0.20	4.00	$17.80
$19.00	$18.50	Aug 7	$0.11	$0.39	$0.11	3.55	$18.89
$17.00	$16.50	Aug 21	$0.11	$0.39	$0.11	3.55	$16.89
$16.50	$16.00	Aug 28	$0.11	$0.39	$0.11	3.55	$16.39

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 121 found (best R:R 6.69, avg 1.10)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$16.00	$17.00	Sep 18	$0.82	$0.82	$0.18	4.56	$16.82
$16.00	$16.50	Sep 4	$0.40	$0.40	$0.10	4.00	$16.40
$17.50	$18.00	Aug 7	$0.39	$0.39	$0.11	3.55	$17.89
$16.00	$16.50	Aug 28	$0.37	$0.37	$0.13	2.85	$16.37
$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
$20.00	$19.00	Sep 11	$0.87	$0.87	$0.13	6.69	$19.13
$21.00	$20.50	Aug 7	$0.38	$0.38	$0.12	3.17	$20.62
$21.50	$21.00	Sep 4	$0.38	$0.38	$0.12	3.17	$21.12
$21.00	$20.50	Aug 14	$0.36	$0.36	$0.14	2.57	$20.64
$21.50	$21.00	Aug 21	$0.36	$0.36	$0.14	2.57	$21.14

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 30 found (avg debit $0.38, cheapest $0.06)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$23.50	Aug 7	Aug 14	$0.21	147.3%	101.1%
$18.00	Aug 7	Aug 14	$0.25	129.6%	95.8%
$23.00	Aug 7	Aug 14	$0.25	141.3%	100.8%
$22.50	Aug 7	Aug 14	$0.29	143.9%	98.1%
$16.00	Aug 7	Aug 14	$0.35	173.7%	99.0%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$16.50	Aug 7	Aug 14	$0.06	192.5%	91.4%
$16.00	Aug 7	Aug 14	$0.08	173.7%	99.0%
$17.00	Aug 7	Aug 14	$0.18	146.8%	97.4%
$23.00	Aug 7	Aug 14	$0.18	141.3%	100.8%
$17.50	Aug 7	Aug 14	$0.25	124.3%	95.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 83 found (cheapest 5.88% of stock, avg 17.75%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$20.00	Aug 7	$0.55	$0.62	$1.17	$18.83	$21.17	5.88%
$19.50	Aug 7	$0.81	$0.41	$1.22	$18.28	$20.72	6.13%
$20.50	Aug 7	$0.33	$0.92	$1.25	$19.25	$21.75	6.28%
$19.00	Aug 7	$1.12	$0.24	$1.36	$17.64	$20.36	6.83%
$21.00	Aug 7	$0.22	$1.30	$1.52	$19.48	$22.52	7.63%
$18.50	Aug 7	$1.59	$0.13	$1.72	$16.78	$20.22	8.64%
$21.50	Aug 7	$0.13	$1.73	$1.86	$19.64	$23.36	9.34%
$18.00	Aug 7	$1.88	$0.06	$1.94	$16.06	$19.94	9.74%
$20.00	Aug 14	$1.09	$1.19	$2.28	$17.72	$22.28	11.45%
$17.50	Aug 7	$2.27	$0.02	$2.29	$15.21	$19.79	11.50%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 159 found (cheapest 0.70% of stock, avg 11.72%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$22.00	$18.00	Aug 7	$0.08	$0.06	$0.14	$17.86	$22.14
$21.50	$18.00	Aug 7	$0.13	$0.06	$0.19	$17.81	$21.69
$22.00	$18.50	Aug 7	$0.08	$0.13	$0.21	$18.29	$22.21
$21.50	$18.50	Aug 7	$0.13	$0.13	$0.26	$18.24	$21.76
$21.00	$18.00	Aug 7	$0.22	$0.06	$0.28	$17.72	$21.28
$22.00	$19.00	Aug 7	$0.08	$0.24	$0.32	$18.68	$22.32
$21.00	$18.50	Aug 7	$0.22	$0.13	$0.35	$18.15	$21.35
$21.50	$19.00	Aug 7	$0.13	$0.24	$0.37	$18.63	$21.87
$20.50	$18.00	Aug 7	$0.33	$0.06	$0.39	$17.61	$20.89
$20.50	$18.50	Aug 7	$0.33	$0.13	$0.46	$18.04	$20.96

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 113 found (best R:R 6.69, avg credit $0.41)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
19/20	21/22	Sep 18	$0.87	$0.13	6.69	$19.13	$21.87
17/18	19/20	Sep 18	$0.86	$0.14	6.14	$17.14	$19.86
17/18	20/21	Sep 18	$0.85	$0.15	5.67	$17.15	$20.85
19/20	22/23	Sep 18	$0.85	$0.15	5.67	$19.15	$22.85
16/17	18/19	Sep 18	$0.83	$0.17	4.88	$16.17	$18.83
20/20	21/22	Aug 14	$0.40	$0.10	4.00	$19.60	$21.40
18/18	20/20	Aug 21	$0.40	$0.10	4.00	$18.10	$20.40
20/20	20/21	Aug 21	$0.40	$0.10	4.00	$19.60	$20.90
16/16	18/18	Aug 28	$0.40	$0.10	4.00	$16.10	$17.90
16/17	18/18	Aug 28	$0.40	$0.10	4.00	$16.60	$17.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 49 found (best R:R 15.67, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$18.00	$19.00	$20.00	Sep 18	$0.07	$0.93	13.29
$19.00	$19.50	$20.00	Aug 7	$0.05	$0.45	9.00
$17.00	$17.50	$18.00	Aug 7	$0.06	$0.44	7.33
$19.50	$20.00	$20.50	Aug 21	$0.06	$0.44	7.33
$20.00	$20.50	$21.00	Aug 21	$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	$0.06	$0.94	15.67
$18.00	$19.00	$20.00	Sep 18	$0.09	$0.91	10.11
$16.00	$16.50	$17.00	Aug 21	$0.05	$0.45	9.00
$17.50	$18.00	$18.50	Aug 21	$0.05	$0.45	9.00
$16.50	$17.00	$17.50	Aug 28	$0.05	$0.45	9.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 34 found (best net $-0.47, 34 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$20.00	$20.50	1:2	Aug 7	-$0.11	$0.39
$20.50	$21.00	1:2	Aug 7	-$0.11	$0.39
$23.00	$23.50	1:2	Aug 14	-$0.17	$0.33
$23.00	$23.50	1:2	Aug 28	-$0.21	$0.29
$22.50	$23.00	1:2	Aug 14	-$0.23	$0.27

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$17.00	$16.00	1:2	Sep 18	-$0.47	$0.53
$17.00	$16.50	1:2	Aug 7	-$0.06	$0.44
$19.50	$19.00	1:2	Aug 7	-$0.07	$0.43
$16.50	$16.00	1:2	Aug 14	-$0.08	$0.42
$17.50	$17.00	1:2	Aug 14	-$0.13	$0.37

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 45 found (best yield 12.05%, avg 4.86%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$20.00	Sep 18	$2.40	0.56	0.5%	12.05%	12.51%	13	3.8K
$21.00	Sep 18	$1.98	0.49	5.5%	9.94%	15.42%	19	996
$20.00	Sep 11	$1.82	0.52	0.5%	9.14%	9.59%	5	4
$20.00	Sep 4	$1.74	0.54	0.5%	8.74%	9.19%	3	44
$22.00	Sep 18	$1.65	0.44	10.5%	8.29%	18.78%	39	3.1K
$20.00	Aug 28	$1.63	0.54	0.5%	8.19%	8.64%	7	225
$20.50	Sep 11	$1.60	0.49	3.0%	8.04%	11.00%	--	15
$20.50	Sep 4	$1.53	0.50	3.0%	7.68%	10.65%	3	4
$20.50	Aug 28	$1.42	0.49	3.0%	7.13%	10.10%	1	92
$20.00	Aug 21	$1.40	0.52	0.5%	7.03%	7.48%	147	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 10,799

Total Puts 3,629

Put/Call Ratio 0.34

Net Difference 7,170

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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