Market Whales and Their Recent Bets on QUBT Options - Quantum Computing (NASDAQ: QUBT)
Recently, significant investors have shown a positive outlook towards Quantum Computing (NASDAQ: QUBT).
This bullish sentiment has attracted the attention of retail traders.
Today, we observed notable trades in the options history available to the public, suggesting that large sums of money are being actively invested.
It's uncertain whether these trades are being executed by institutional investors or wealthy individual traders. Nevertheless, when substantial activity occurs with QUBT, it often indicates that investors may have insights regarding upcoming developments.
Today, an options scanner identified 19 uncommon trades related to Quantum Computing. This level of activity is not typical.
The sentiment among major investors appears split: 42% are bullish while 31% lean bearish.
Out of the discovered trades, we noted that 9 were put options, totaling approximately $455,775, and 10 were call options, amounting to about $688,739.
Expected Price Movements
Based on the trading data, it seems these investors are targeting a price range for Quantum Computing between $12.5 and $25.0 over the next three months.
Analysis of Volume and Open Interest
In terms of market interest, the average open interest for Quantum Computing options today is 2280.4, with a total trading volume of 9,055.00.
The following chart tracks the volume and open interest of call and put options for large trades within the $12.5 to $25.0 strike price range over the past month.
Recent Options Activity
Symbol | PUT/CALL | Trade Type | Sentiment | Expiration Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
QUBT | CALL | SWEEP | BULLISH | 01/24/25 | $4.5 | $4.4 | $4.5 | $20.00 | $137.0K | 876 | 308 |
QUBT | CALL | SWEEP | BULLISH | 01/17/25 | $3.7 | $3.5 | $3.7 | $18.00 | $111.0K | 1.7K | 527 |
QUBT | CALL | SWEEP | BULLISH | 01/10/25 | $3.2 | $2.95 | $3.2 | $18.00 | $96.0K | 372 | 489 |
QUBT | PUT | TRADE | BULLISH | 01/17/25 | $5.6 | $5.4 | $5.45 | $20.00 | $92.6K | 1.5K | 823 |
QUBT | PUT | SWEEP | BULLISH | 01/17/25 | $5.6 | $5.5 | $5.5 | $20.00 | $82.6K | 1.5K | 1.1K |
About Quantum Computing
Quantum Computing Inc. specializes in non-linear quantum optics. They create products for high-performance computing, designed to operate efficiently at room temperature and with lower power consumption. Their technology supports advancements in high-performance computing, artificial intelligence, cybersecurity, and remote sensing applications.
Given the recent activity surrounding Quantum Computing options, it is crucial to examine the current market standing of the company.
Current Market Performance of Quantum Computing
- As of now, QUBT has recorded a trading volume of 33,862,378, with a current price of $18.29, reflecting a -4.95% change.
- Relative Strength Index (RSI) indicators suggest the underlying stock may be reaching overbought conditions.
- The next earnings report is anticipated to be released in 94 days.
Conclusion: Trading options can be risky, but they offer opportunities for substantial returns. Experienced traders reduce risks by staying informed, strategically adjusting trades, and monitoring market trends. Keeping track of options activity for Quantum Computing and understanding market dynamics can help in making informed investment decisions.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered investment advice.
investment, options, QUBT, trading