QBTS - Options Database

QBTS

D-WAVE QUANTUM INC

$17.70 +3.45%

$17.71 (+0.05%)🌙

as of 09/21 06:55 PM

(9/18 18:55) ◀

Monday, September 21, 2026 (6:55pm)

▶

◀ 9/21 18:55

Option Volume

Detail

ℹ

Current (09/21) 43,432

Calls: 33,865 (78%)

Puts: 9,567 (22%)

Prior (09/18) 41,326

Calls: 28,391 (69%)

Puts: 12,935 (31%)

Current vs Prior +5.10%

Calls: +19.28% (Calls)

Puts: -26.04% (Puts)

Prior 7-Day Total 278,248

Calls: 195,798 (70%)

Puts: 82,450 (30%)

Prior 7-Day Average 39,749

Calls: 27,971 (70%)

Puts: 11,778 (30%)

Current vs Prior 7-Day Avg +9.26%

Calls: +21.07%

Puts: -18.78%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/21) $4.56M

Calls: $3.18M (70%)

Puts: $1.38M (30%)

Prior (09/18) $3.64M

Calls: $2.56M (70%)

Puts: $1.08M (30%)

Current vs Prior +25.33%

Calls: +24.29%

Puts: +27.79%

Prior 7-Day Total $25.80M

Calls: $14.46M (56%)

Puts: $11.35M (44%)

Prior 7-Day Average $3.69M

Calls: $2.07M (56%)

Puts: $1.62M (44%)

Current vs Prior 7-Day Avg +23.62%

Calls: +53.91%

Puts: -14.96%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/21) 0.28

Prior (09/18) 0.46

Current vs Prior -37.99%

Prior 7-Day Average 0.45

Current vs Prior 7-Day Avg -37.06%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/21) 389,407

Calls: 227,562 (58%)

Puts: 161,845 (42%)

Prior (09/18) 442,674

Calls: 278,049 (63%)

Puts: 164,625 (37%)

Current vs Prior -12.03%

Prior 7-Day Total 3,010,967

Calls: 1,955,469 (65%)

Puts: 1,055,498 (35%)

Prior 7-Day Average 430,138

Calls: 279,352 (65%)

Puts: 150,785 (35%)

Current vs Prior 7-Day Avg -9.47%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)

Current 7.85% | 11.13%16.21% | 26.55%

Prior 8.65% | 11.40%2.92% | 15.20%

Current vs Prior -9.21% | -2.34%+454.86% | +74.74%

Prior 7-Day Avg 7.55% | 11.10%9.04% | 18.22%

Current vs 7-Day Avg +4.04% | +0.28%+79.42% | +45.72%

Prior 7-Day Eod 8.65% | 11.40%2.92% | 15.20%

Current vs 7-Day Eod -9.21% | -2.34%+454.86% | +74.74%

Sentiment BULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 12.81% | 11.59%

Calls: 10.77% | 13.00%

Puts: 14.86% | 10.19%

Prior 12.81% | 11.59%

Calls: 10.77% | 13.00%

Puts: 14.86% | 10.19%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 12.13% | 11.73%

Calls: 10.18% | 13.18%

Puts: 14.09% | 10.29%

Current vs 7-Day Avg +5.58% | -1.23%

Liquidity Expensive

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Moderately bullish flow with 70% call dollar volume ($3.18M). Extreme bullish P/C ratio of 0.28 - heavy call buying (33,865 calls vs 9,567 puts). P/C ratio dropping 38% - sentiment shifting bullish.

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

📈 Options Analysis

🎯 Tightest Spreads

💰 Best Value Under $1

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📈 Debit Spreads

📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

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⚖️ Ratio Spreads

🛡️ Covered Calls

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Tightest Spreads

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Best Value <$1

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 24 of results (avg 7.4%, best 4.2%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$18.00	Sep 25	0.41	0.43	$0.42	4.8%	3.0K	0.43	2.2K
$18.00	Oct 16	1.18	1.24	$1.21	5.0%	310	0.51	1.6K
$20.00	Oct 16	0.58	0.62	$0.60	6.7%	4.7K	0.30	13.1K
$19.00	Oct 16	0.81	0.88	$0.85	8.2%	317	0.40	1.4K
$20.00	Oct 2	0.22	0.24	$0.23	8.7%	2.1K	0.19	650

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$19.00	Oct 16	2.07	2.16	$2.12	4.2%	19	0.61	1.8K
$20.00	Oct 16	2.78	2.92	$2.85	4.9%	219	0.70	16.2K
$18.00	Oct 16	1.44	1.52	$1.48	5.4%	102	0.49	4.7K
$18.00	Sep 25	0.71	0.75	$0.73	5.5%	144	0.57	271
$19.00	Oct 9	1.85	1.96	$1.91	5.8%	3	0.64	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 32 found (avg $0.53, cheapest $0.07)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$20.00	Sep 25	0.06	0.07	$0.07	14.3%	1.2K	0.09	1.9K
$19.00	Sep 25	0.15	0.17	$0.16	12.5%	1.8K	0.20	1.9K
$18.50	Sep 25	0.24	0.28	$0.26	15.4%	1.8K	0.30	1.1K
$18.00	Sep 25	0.41	0.43	$0.42	4.8%	3.0K	0.43	2.2K
$21.00	Oct 2	0.12	0.14	$0.13	15.4%	149	0.12	386

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$16.50	Sep 25	0.12	0.13	$0.13	7.7%	1.1K	0.17	645
$17.00	Sep 25	0.23	0.26	$0.25	12.0%	966	0.28	3.1K
$17.50	Sep 25	0.41	0.47	$0.44	13.6%	708	0.42	274
$16.00	Oct 2	0.21	0.23	$0.22	9.1%	106	0.18	363
$18.00	Sep 25	0.71	0.75	$0.73	5.5%	144	0.57	271

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 58 found (avg delta 0.71, highest 0.96)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$15.00	Sep 25	2.38	3.35	$2.87	33.8%	31	0.96	77
$15.50	Sep 25	1.99	2.71	$2.35	30.6%	9	0.94	67
$14.50	Oct 2	2.70	3.90	$3.30	36.4%	3	0.94	2
$14.50	Sep 25	2.35	3.65	$3.00	43.3%	1	0.92	--
$16.00	Sep 25	1.58	2.04	$1.81	25.4%	123	0.91	306

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$21.00	Sep 25	3.10	4.25	$3.68	31.2%	3	0.93	--
$20.50	Sep 25	2.72	3.10	$2.91	13.1%	7	0.93	174
$20.00	Sep 25	2.14	2.87	$2.51	29.1%	34	0.90	234
$21.00	Oct 2	3.05	3.90	$3.47	24.5%	2	0.88	--
$20.00	Oct 2	2.40	2.64	$2.52	9.5%	13	0.81	40

Most actively traded options today. High liquidity = easy entry/exit. 139 active (total vol 28.1K, top 4.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$20.00	Oct 16	0.58	0.62	$0.60	6.7%	4.7K	0.30	13.1K
$18.00	Sep 25	0.41	0.43	$0.42	4.8%	3.0K	0.43	2.2K
$20.00	Oct 2	0.22	0.24	$0.23	8.7%	2.1K	0.19	650
$17.50	Sep 25	0.60	0.71	$0.66	16.7%	2.1K	0.58	729
$18.50	Sep 25	0.24	0.28	$0.26	15.4%	1.8K	0.30	1.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$16.50	Sep 25	0.12	0.13	$0.13	7.7%	1.1K	0.17	645
$17.00	Sep 25	0.23	0.26	$0.25	12.0%	966	0.28	3.1K
$17.50	Sep 25	0.41	0.47	$0.44	13.6%	708	0.42	274
$17.00	Oct 16	0.89	0.98	$0.94	9.6%	239	0.37	8.6K
$20.00	Oct 16	2.78	2.92	$2.85	4.9%	219	0.70	16.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 7 strikes (avg 4.9%, max 8.4%)

CALLS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$19.00	Sep 25	Oct 30	78.7%	72.5%	8.4%	1.8K	1.9K
$17.50	Sep 25	Oct 30	73.9%	70.9%	4.2%	2.1K	729
$17.00	Sep 25	Oct 30	73.2%	71.1%	3.0%	322	1.1K

PUTS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$19.00	Sep 25	Oct 30	78.7%	72.5%	8.4%	78	206
$17.50	Sep 25	Oct 30	73.9%	70.9%	4.2%	711	275
$19.50	Oct 2	Oct 9	74.6%	72.4%	3.1%	29	66
$17.00	Sep 25	Oct 30	73.2%	71.1%	3.0%	968	3.2K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 61 found (best R:R 2.85, avg 1.80)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$14.50	$15.00	Sep 25	$0.13	$0.37	$0.13	92%	2.85	$14.63
$15.50	$16.00	Oct 9	$0.19	$0.31	$0.19	83%	1.63	$15.69
$15.00	$15.50	Oct 2	$0.26	$0.24	$0.26	91%	0.92	$15.26
$17.50	$18.00	Oct 9	$0.13	$0.37	$0.13	57%	2.85	$17.63
$18.00	$18.50	Oct 23	$0.12	$0.38	$0.12	51%	3.17	$18.12

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$19.00	$18.50	Oct 30	$0.10	$0.40	$0.10	57%	4.00	$18.90
$18.00	$17.50	Oct 30	$0.16	$0.34	$0.16	47%	2.13	$17.84
$17.50	$17.00	Oct 16	$0.15	$0.35	$0.15	44%	2.33	$17.35
$19.00	$18.50	Oct 16	$0.28	$0.22	$0.28	61%	0.79	$18.72
$19.50	$19.00	Oct 9	$0.33	$0.17	$0.33	70%	0.52	$19.17

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 40 found (best R:R 3.55, avg 0.73)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$18.00	$18.50	Oct 30	$0.35	$0.35	$0.15	46%	2.33	$18.35
$18.50	$19.00	Oct 30	$0.31	$0.31	$0.19	51%	1.63	$18.81
$20.00	$20.50	Oct 16	$0.20	$0.20	$0.30	70%	0.67	$20.20
$18.00	$18.50	Oct 9	$0.29	$0.29	$0.21	50%	1.38	$18.29
$18.50	$19.00	Oct 2	$0.21	$0.21	$0.29	61%	0.72	$18.71

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$16.50	$16.00	Oct 30	$0.39	$0.39	$0.11	66%	3.55	$16.11
$16.00	$15.50	Oct 23	$0.30	$0.30	$0.20	72%	1.50	$15.70
$15.50	$15.00	Oct 30	$0.28	$0.28	$0.22	76%	1.27	$15.22
$17.50	$16.50	Oct 23	$0.54	$0.54	$0.46	56%	1.17	$16.96
$15.50	$15.00	Oct 16	$0.18	$0.18	$0.32	78%	0.56	$15.32

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $0.30, cheapest $0.29)

CALLS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$17.50	Sep 25	Oct 2	$0.29	73.9%	68.3%
$18.00	Sep 25	Oct 2	$0.33	75.1%	73.1%
$18.50	Sep 25	Oct 2	$0.36	76.3%	77.7%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$17.50	Sep 25	Oct 2	$0.30	73.9%	68.3%
$18.00	Sep 25	Oct 2	$0.29	75.1%	73.1%
$18.50	Sep 25	Oct 2	$0.26	76.3%	77.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 36 found (cheapest 6.21% of stock, avg 13.53%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$17.50	Sep 25	$0.66	$0.44	$1.10	$16.40	$18.60	6.21%
$18.00	Sep 25	$0.42	$0.73	$1.15	$16.85	$19.15	6.50%
$17.00	Sep 25	$0.96	$0.25	$1.21	$15.79	$18.21	6.84%
$18.50	Sep 25	$0.26	$1.08	$1.34	$17.16	$19.84	7.57%
$16.50	Sep 25	$1.44	$0.13	$1.57	$14.93	$18.07	8.87%
$19.00	Sep 25	$0.16	$1.46	$1.62	$17.38	$20.62	9.15%
$17.00	Oct 2	$1.15	$0.53	$1.68	$15.32	$18.68	9.49%
$17.50	Oct 2	$0.95	$0.74	$1.69	$15.81	$19.19	9.55%
$18.00	Oct 2	$0.75	$1.02	$1.77	$16.23	$19.77	10.00%
$16.50	Oct 2	$1.51	$0.35	$1.86	$14.64	$18.36	10.51%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.73% of stock, avg 7.79%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$20.00	$16.00	Sep 25	$0.07	$0.06	$0.13	$15.87	$20.13
$19.50	$16.00	Sep 25	$0.10	$0.06	$0.16	$15.84	$19.66
$20.00	$14.50	Sep 25	$0.07	$0.10	$0.17	$14.33	$20.17
$19.50	$14.50	Sep 25	$0.10	$0.10	$0.20	$14.30	$19.70
$20.00	$16.50	Sep 25	$0.07	$0.13	$0.20	$16.30	$20.20
$19.50	$16.50	Sep 25	$0.10	$0.13	$0.23	$16.27	$19.73
$19.00	$16.00	Sep 25	$0.16	$0.06	$0.22	$15.78	$19.22
$19.00	$14.50	Sep 25	$0.16	$0.10	$0.26	$14.24	$19.26
$19.00	$16.50	Sep 25	$0.16	$0.13	$0.29	$16.21	$19.29
$20.00	$17.00	Sep 25	$0.07	$0.25	$0.32	$16.68	$20.32

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 7 found (best R:R 3.17, avg credit $0.28)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
15/16	20/20	Oct 16	$0.38	$0.12	48%	3.17	$15.12	$20.38
16/16	20/20	Oct 16	$0.34	$0.16	39%	2.12	$16.16	$20.34
15/16	20/20	Oct 16	$0.30	$0.20	44%	1.50	$15.20	$19.80
16/16	20/20	Oct 9	$0.24	$0.26	46%	0.92	$15.76	$19.74
16/16	20/20	Oct 9	$0.23	$0.27	40%	0.85	$16.27	$19.73
16/16	20/20	Oct 16	$0.26	$0.24	34%	1.08	$16.24	$19.76
16/17	18/19	Sep 25	$0.22	$0.28	41%	0.79	$16.78	$18.72

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 46 found (best R:R 7.33, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$17.00	$17.50	$18.00	Sep 25	$0.06	$0.44	29%	7.33
$18.00	$18.50	$19.00	Sep 25	$0.06	$0.44	23%	7.33
$17.50	$18.00	$18.50	Sep 25	$0.08	$0.42	27%	5.25
$15.00	$16.00	$17.00	Oct 16	$0.13	$0.87	21%	6.69
$16.50	$17.00	$17.50	Oct 9	$0.06	$0.44	14%	7.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$17.50	$18.00	$18.50	Sep 25	$0.06	$0.44	27%	7.33
$16.50	$17.00	$17.50	Sep 25	$0.07	$0.43	26%	6.14
$16.00	$16.50	$17.00	Oct 2	$0.05	$0.45	17%	9.00
$17.00	$17.50	$18.00	Sep 25	$0.10	$0.40	29%	4.00
$17.00	$17.50	$18.00	Oct 2	$0.07	$0.43	18%	6.14

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 46 found (best net $-0.41, 45 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$18.00	$18.50	1:2	Sep 25	-$0.10	$0.40
$17.50	$18.00	1:2	Sep 25	-$0.18	$0.32
$18.50	$19.00	1:2	Sep 25	-$0.06	$0.44
$17.00	$17.50	1:2	Sep 25	-$0.36	$0.14
$18.50	$19.00	1:2	Oct 2	-$0.20	$0.30

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$20.00	$19.00	1:2	Sep 25	-$0.41	$0.59
$17.50	$17.00	1:2	Sep 25	-$0.06	$0.44
$18.00	$17.50	1:2	Sep 25	-$0.15	$0.35
$17.50	$16.50	1:2	Oct 23	-$0.30	$0.70
$16.50	$16.00	1:2	Oct 2	-$0.09	$0.41

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 40 found (best yield 5.37%, avg 3.35%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$19.50	Oct 30	$0.95	0.40	10.2%	5.37%	15.54%	8	38
$18.00	Oct 30	$1.50	0.54	1.7%	8.47%	10.17%	29	14
$18.50	Oct 30	$1.27	0.49	4.5%	7.18%	11.69%	35	52
$19.00	Oct 30	$1.07	0.43	7.3%	6.05%	13.39%	31	56
$21.00	Oct 30	$0.55	0.30	18.6%	3.11%	21.75%	59	42
$19.00	Oct 23	$0.97	0.42	7.3%	5.48%	12.82%	6	82
$20.00	Oct 30	$0.70	0.35	13.0%	3.95%	16.95%	24	129
$19.50	Oct 23	$0.77	0.37	10.2%	4.35%	14.52%	5	--
$18.50	Oct 23	$1.06	0.46	4.5%	5.99%	10.51%	8	47
$20.50	Oct 30	$0.50	0.32	15.8%	2.82%	18.64%	28	10

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 33,865

Total Puts 9,567

Put/Call Ratio 0.28

Net Difference 24,298

Prior's Put/Call Breakdown

Total Calls 28,391

Total Puts 12,935

Put/Call Ratio 0.46

Net Difference 15,456

Prior 7-Day Put/Call Summary

Total Calls 195,798

Total Puts 82,450

Average Put/Call Ratio 0.45

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

🤖 AI Insights

📈 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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