QBTS - Options Database

QBTS

D-WAVE QUANTUM INC

$18.01 +8.59%

(9/8 09:50) ◀

Tuesday, September 8, 2026 (9:55am)

▶ (9/8 10:00)

◀ 9/8 09:55 ▶

Option Volume

Detail

ℹ

Current (09/08 9:55am) 24,255

Calls: 21,689 (89%)

Puts: 2,566 (11%)

Prior (08/06) 12,657

Calls: 9,614 (76%)

Puts: 3,043 (24%)

Current vs Prior +91.63%

Calls: +125.60% (Calls)

Puts: -15.68% (Puts)

Prior 7-Day Total 319,800

Calls: 238,409 (75%)

Puts: 81,391 (25%)

Prior 7-Day Average 45,685

Calls: 34,058 (75%)

Puts: 11,627 (25%)

Current vs Prior 7-Day Avg -46.91%

Calls: -36.32%

Puts: -77.93%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/08 9:55am) $1.81M

Calls: $1.60M (89%)

Puts: $202.1K (11%)

Prior (08/06) $1.06M

Calls: $731.9K (69%)

Puts: $323.5K (31%)

Current vs Prior +71.21%

Calls: +119.28%

Puts: -37.53%

Prior 7-Day Total $38.84M

Calls: $27.47M (71%)

Puts: $11.36M (29%)

Prior 7-Day Average $5.55M

Calls: $3.92M (71%)

Puts: $1.62M (29%)

Current vs Prior 7-Day Avg -67.43%

Calls: -59.11%

Puts: -87.55%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/08 9:55am) 0.12

Prior (08/06) 0.32

Current vs Prior -62.62%

Prior 7-Day Average 0.34

Current vs Prior 7-Day Avg -65.52%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/08 9:55am) 622,227

Calls: 361,145 (58%)

Puts: 261,082 (42%)

Prior (08/06) 571,465

Calls: 324,776 (57%)

Puts: 246,689 (43%)

Current vs Prior +8.88%

Prior 7-Day Total 3,923,588

Calls: 2,230,463 (57%)

Puts: 1,693,125 (43%)

Prior 7-Day Average 560,512

Calls: 318,637 (57%)

Puts: 241,875 (43%)

Current vs Prior 7-Day Avg +11.01%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 8.83% | 12.83%12.83% | 20.43%

Prior 6.80% | 11.08%16.62% | 22.73%

Current vs Prior +29.90% | +15.77%-22.82% | -10.10%

Prior 7-Day Avg 9.55% | 14.51%15.44% | 24.83%

Current vs 7-Day Avg -7.51% | -11.61%-16.94% | -17.72%

Prior 7-Day Eod 6.80% | 11.08%10.68% | 19.60%

Current vs 7-Day Eod +29.90% | +15.77%+20.15% | +4.24%

Sentiment BEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 9.92% | 7.35%

Calls: 9.09% | 2.88%

Puts: 10.75% | 11.81%

Prior 8.07% | 12.60%

Calls: 6.67% | 14.29%

Puts: 9.46% | 10.91%

Current vs Prior +22.92% | -41.67%

Prior 7-Day Avg 9.31% | 14.85%

Calls: 7.90% | 10.47%

Puts: 10.71% | 19.22%

Current vs 7-Day Avg +6.57% | -50.49%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 89% of dollar volume in calls ($1.60M) vs puts ($202.1K). Elevated premium activity with dollar volume up 71% vs prior. Above-average activity with volume up 92% vs prior. Extreme bullish P/C ratio of 0.12 - heavy call buying (21,689 calls vs 2,566 puts).

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 BULLISH

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 27 of results (avg 7.2%, best 2.9%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$18.00	Sep 18	1.02	1.05	$1.04	2.9%	416	0.53	4.5K
$17.00	Oct 16	2.26	2.37	$2.32	4.7%	151	0.63	746
$16.50	Sep 11	1.62	1.70	$1.66	4.8%	103	0.85	937
$17.00	Sep 11	1.23	1.30	$1.27	5.5%	287	0.76	1.2K
$17.50	Sep 11	0.90	0.96	$0.93	6.5%	377	0.64	856

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$20.00	Sep 11	2.06	2.17	$2.12	5.2%	10	0.84	154
$19.00	Sep 11	1.25	1.33	$1.29	6.2%	33	0.70	225
$19.50	Sep 11	1.63	1.74	$1.69	6.5%	1	0.78	124
$21.00	Oct 16	3.70	3.95	$3.83	6.5%	--	0.67	903
$18.00	Sep 25	1.17	1.25	$1.21	6.6%	26	0.47	134

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 26 found (avg $0.56, cheapest $0.13)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$21.00	Sep 11	0.06	0.07	$0.07	14.3%	844	0.08	221
$20.00	Sep 11	0.14	0.16	$0.15	13.3%	2.9K	0.16	1.2K
$19.50	Sep 11	0.19	0.23	$0.21	19.0%	779	0.22	189
$19.00	Sep 11	0.29	0.33	$0.31	12.9%	1.3K	0.30	945
$18.50	Sep 11	0.44	0.49	$0.47	10.6%	1.5K	0.41	869

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$16.50	Sep 11	0.12	0.14	$0.13	15.4%	308	0.15	1.2K
$17.00	Sep 11	0.22	0.25	$0.24	12.5%	292	0.24	1.1K
$17.50	Sep 11	0.38	0.45	$0.42	16.7%	72	0.36	272
$18.00	Sep 11	0.61	0.69	$0.65	12.3%	378	0.48	295
$18.50	Sep 11	0.88	0.98	$0.93	10.8%	58	0.59	502

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 68 found (avg delta 0.71, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$15.00	Sep 11	2.80	3.50	$3.15	22.2%	3	1.00	574
$15.00	Sep 18	2.77	3.65	$3.21	27.4%	150	0.91	590
$16.00	Sep 11	1.88	2.32	$2.10	21.0%	60	0.91	149
$15.50	Sep 18	2.46	3.25	$2.86	27.6%	3	0.87	16
$15.00	Sep 25	2.46	3.80	$3.13	42.8%	100	0.87	101

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$21.00	Sep 11	2.95	3.20	$3.08	8.1%	5	0.92	203
$20.50	Sep 11	2.35	3.00	$2.68	24.3%	--	0.89	78
$21.50	Sep 25	3.15	4.25	$3.70	29.7%	--	0.85	18
$21.50	Sep 18	3.10	3.95	$3.53	24.1%	--	0.84	54
$20.00	Sep 11	2.06	2.17	$2.12	5.2%	10	0.84	154

Most actively traded options today. High liquidity = easy entry/exit. 122 active (total vol 19.7K, top 2.9K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$20.00	Sep 11	0.14	0.16	$0.15	13.3%	2.9K	0.16	1.2K
$21.00	Oct 16	0.89	0.95	$0.92	6.5%	2.8K	0.33	2.4K
$18.00	Sep 11	0.63	0.69	$0.66	9.1%	1.7K	0.52	974
$18.50	Sep 11	0.44	0.49	$0.47	10.6%	1.5K	0.41	869
$20.00	Sep 18	0.37	0.43	$0.40	15.0%	1.4K	0.26	5.6K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$18.00	Sep 11	0.61	0.69	$0.65	12.3%	378	0.48	295
$16.50	Sep 11	0.12	0.14	$0.13	15.4%	308	0.15	1.2K
$17.00	Sep 11	0.22	0.25	$0.24	12.5%	292	0.24	1.1K
$18.00	Sep 18	0.95	1.06	$1.00	11.0%	196	0.47	2.6K
$16.00	Sep 11	0.05	0.08	$0.07	42.9%	167	0.09	847

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 18 strikes (avg 34.4%, max 185.4%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$17.50	Sep 11	Oct 2	95.2%	66.3%	43.6%	381	1.3K
$17.00	Sep 11	Oct 23	92.7%	68.4%	35.7%	288	1.2K
$18.50	Sep 11	Oct 9	99.2%	76.3%	30.1%	1.5K	913
$20.00	Sep 11	Oct 16	107.3%	83.7%	28.2%	3.3K	13.2K
$19.50	Sep 11	Oct 23	102.5%	81.7%	25.5%	780	190

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$14.50	Sep 11	Sep 25	251.3%	88.0%	185.4%	--	326
$21.50	Sep 18	Sep 25	96.9%	71.9%	34.8%	--	72
$17.50	Sep 11	Oct 9	95.2%	73.0%	30.5%	72	294
$18.50	Sep 11	Oct 9	99.2%	76.3%	30.1%	59	502
$20.00	Sep 11	Oct 16	107.3%	83.7%	28.2%	23	17.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 79 found (best R:R 7.33, avg 1.81)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$19.50	$20.50	Oct 23	$0.12	$0.88	$0.12	44%	7.33	$19.62
$17.00	$18.00	Oct 9	$0.34	$0.66	$0.34	66%	1.94	$17.34
$16.50	$17.00	Oct 23	$0.10	$0.40	$0.10	66%	4.00	$16.60
$15.00	$15.50	Sep 25	$0.24	$0.26	$0.24	87%	1.08	$15.24
$18.00	$19.00	Oct 16	$0.32	$0.68	$0.32	54%	2.12	$18.32

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$21.00	$20.50	Sep 18	$0.25	$0.25	$0.25	82%	1.00	$20.75
$19.00	$18.00	Oct 16	$0.35	$0.65	$0.35	53%	1.86	$18.65
$19.50	$19.00	Oct 2	$0.18	$0.32	$0.18	61%	1.78	$19.32
$21.00	$20.50	Sep 25	$0.32	$0.18	$0.32	81%	0.56	$20.68
$18.50	$18.00	Oct 9	$0.16	$0.34	$0.16	50%	2.13	$18.34

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 46 found (best R:R 1.44, avg 0.57)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$20.50	$21.00	Oct 23	$0.31	$0.31	$0.19	61%	1.63	$20.81
$20.00	$20.50	Oct 2	$0.24	$0.24	$0.26	66%	0.92	$20.24
$20.50	$21.00	Sep 25	$0.15	$0.15	$0.35	75%	0.43	$20.65
$20.00	$20.50	Oct 9	$0.22	$0.22	$0.28	61%	0.79	$20.22
$20.00	$20.50	Sep 25	$0.17	$0.17	$0.33	69%	0.52	$20.17

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$18.00	$17.00	Oct 16	$0.59	$0.59	$0.41	55%	1.44	$17.41
$16.00	$15.00	Oct 16	$0.32	$0.32	$0.68	72%	0.47	$15.68
$17.50	$17.00	Sep 18	$0.28	$0.28	$0.22	60%	1.27	$17.22
$17.00	$16.00	Oct 16	$0.41	$0.41	$0.59	64%	0.69	$16.59
$18.00	$17.50	Oct 9	$0.30	$0.30	$0.20	55%	1.50	$17.70

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $0.36, cheapest $0.35)

CALLS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$18.00	Sep 11	Sep 18	$0.38	97.2%	83.2%
$18.50	Sep 11	Sep 18	$0.34	99.2%	85.7%
$19.00	Sep 11	Sep 18	$0.34	99.8%	87.0%
$17.50	Sep 11	Sep 18	$0.35	95.2%	88.8%

PUTS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$18.00	Sep 11	Sep 18	$0.35	97.2%	83.2%
$18.50	Sep 11	Sep 18	$0.34	99.2%	85.7%
$19.00	Sep 11	Sep 18	$0.34	99.8%	87.0%
$17.50	Sep 11	Sep 18	$0.41	95.2%	88.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 34 found (cheapest 7.27% of stock, avg 13.99%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$18.00	Sep 11	$0.66	$0.65	$1.31	$16.69	$19.31	7.27%
$17.50	Sep 11	$0.93	$0.42	$1.35	$16.15	$18.85	7.50%
$18.50	Sep 11	$0.47	$0.93	$1.40	$17.10	$19.90	7.77%
$17.00	Sep 11	$1.27	$0.24	$1.51	$15.49	$18.51	8.38%
$19.00	Sep 11	$0.31	$1.29	$1.60	$17.40	$20.60	8.88%
$16.50	Sep 11	$1.66	$0.13	$1.79	$14.71	$18.29	9.94%
$19.50	Sep 11	$0.21	$1.69	$1.90	$17.60	$21.40	10.55%
$18.00	Sep 18	$1.04	$1.00	$2.04	$15.96	$20.04	11.33%
$18.50	Sep 18	$0.81	$1.27	$2.08	$16.42	$20.58	11.55%
$17.50	Sep 18	$1.28	$0.83	$2.11	$15.39	$19.61	11.72%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 142 found (cheapest 1.28% of stock, avg 8.74%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$20.50	$16.50	Sep 11	$0.10	$0.13	$0.23	$16.27	$20.73
$20.00	$16.50	Sep 11	$0.15	$0.13	$0.28	$16.22	$20.28
$19.50	$16.50	Sep 11	$0.21	$0.13	$0.34	$16.16	$19.84
$20.50	$17.00	Sep 11	$0.10	$0.24	$0.34	$16.66	$20.84
$20.00	$17.00	Sep 11	$0.15	$0.24	$0.39	$16.61	$20.39
$19.50	$17.00	Sep 11	$0.21	$0.24	$0.45	$16.55	$19.95
$20.50	$14.50	Sep 11	$0.10	$0.38	$0.48	$14.02	$20.98
$19.00	$16.50	Sep 11	$0.31	$0.13	$0.44	$16.06	$19.44
$20.00	$14.50	Sep 11	$0.15	$0.38	$0.53	$13.97	$20.53
$19.00	$17.00	Sep 11	$0.31	$0.24	$0.55	$16.45	$19.55

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 12 found (best R:R 1.38, avg credit $0.28)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
16/16	20/21	Sep 25	$0.29	$0.21	53%	1.38	$15.71	$20.79
16/17	20/21	Sep 25	$0.34	$0.16	41%	2.12	$16.66	$20.84
16/16	20/20	Sep 25	$0.31	$0.19	47%	1.63	$15.69	$20.31
16/16	20/20	Oct 2	$0.36	$0.14	37%	2.57	$16.14	$20.36
16/17	20/20	Sep 25	$0.36	$0.14	35%	2.57	$16.64	$20.36
16/16	20/21	Sep 25	$0.29	$0.21	48%	1.38	$16.21	$20.79
16/16	20/20	Sep 25	$0.31	$0.19	41%	1.63	$16.19	$20.31
16/16	20/20	Sep 18	$0.22	$0.28	50%	0.79	$15.78	$19.72
16/17	20/20	Sep 18	$0.28	$0.22	37%	1.27	$16.72	$19.78
16/16	21/22	Oct 9	$0.23	$0.27	46%	0.85	$15.77	$21.23

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 55 found (best R:R 9.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$17.00	$17.50	$18.00	Sep 11	$0.07	$0.43	24%	6.14
$16.00	$16.50	$17.00	Sep 11	$0.05	$0.45	15%	9.00
$18.50	$19.00	$19.50	Sep 11	$0.06	$0.44	18%	7.33
$17.50	$18.00	$18.50	Sep 11	$0.08	$0.42	24%	5.25
$19.00	$20.00	$21.00	Oct 16	$0.10	$0.90	14%	9.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$17.00	$17.50	$18.00	Sep 11	$0.05	$0.45	24%	9.00
$17.50	$18.00	$18.50	Sep 11	$0.05	$0.45	24%	9.00
$15.00	$16.00	$17.00	Oct 16	$0.09	$0.91	17%	10.11
$16.50	$17.00	$17.50	Sep 11	$0.07	$0.43	21%	6.14
$18.00	$18.50	$19.00	Sep 11	$0.08	$0.42	22%	5.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 45 found (best net $-0.61, 43 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$17.00	$19.00	1:2	Oct 23	-$0.61	$1.39
$18.50	$19.00	1:2	Sep 11	-$0.15	$0.35
$20.00	$20.50	1:2	Sep 11	-$0.05	$0.45
$19.00	$19.50	1:2	Sep 11	-$0.11	$0.39
$19.50	$20.00	1:2	Sep 11	-$0.09	$0.41

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$17.50	$17.00	1:2	Sep 11	-$0.06	$0.44
$18.00	$17.50	1:2	Sep 11	-$0.19	$0.31
$16.00	$15.00	1:2	Oct 16	-$0.20	$0.80
$16.00	$15.50	1:2	Sep 25	-$0.14	$0.36
$16.50	$16.00	1:2	Sep 18	-$0.16	$0.34

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 41 found (best yield 6.22%, avg 3.40%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$20.00	Oct 16	$1.12	0.39	11.1%	6.22%	17.27%	388	11.9K
$21.00	Oct 16	$0.89	0.33	16.6%	4.94%	21.54%	2.8K	2.4K
$19.00	Oct 16	$1.39	0.47	5.5%	7.72%	13.21%	30	664
$21.50	Oct 23	$0.72	0.32	19.4%	4.00%	23.38%	3	50
$19.50	Oct 23	$1.11	0.44	8.3%	6.16%	14.44%	1	1
$20.50	Oct 23	$0.76	0.39	13.8%	4.22%	18.05%	--	49
$21.00	Oct 23	$0.67	0.34	16.6%	3.72%	20.32%	1	12
$20.00	Oct 9	$0.90	0.39	11.1%	5.00%	16.05%	37	46
$19.00	Oct 23	$1.20	0.47	5.5%	6.66%	12.16%	2	9
$19.00	Oct 9	$1.07	0.47	5.5%	5.94%	11.44%	16	66

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 21,689

Total Puts 2,566

Put/Call Ratio 0.12

Net Difference 19,123

Prior's Put/Call Breakdown

Total Calls 9,614

Total Puts 3,043

Put/Call Ratio 0.32

Net Difference 6,571

Prior 7-Day Put/Call Summary

Total Calls 238,409

Total Puts 81,391

Average Put/Call Ratio 0.34

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

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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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