D-Wave Quantum Options Trading: A Deep Dive into Market Sentiment - D-Wave Quantum (NYSE:QBTS)

Investors with significant capital have recently adopted a positive outlook towards D-Wave Quantum (QBTS), and this trend is certainly noteworthy for other market participants. Our tracking of public options data revealed some important insights regarding this stock's options activities.

Today, a report from Benzinga's options scanner drew attention to an unusual surge in options activity related to D-Wave Quantum. Specifically, we recorded a total of 20 noteworthy options movements, which is considered exceptional based on typical patterns.

The sentiment among high-profile investors appears mixed, with approximately 55% expressing a bullish stance while 35% remain bearish. Notably, there are 6 put options valued at $167,494 and 14 call options reaching a total value of $625,191.

Projected Price Targets

Upon analyzing the volume and open interest in these contracts, it is apparent that major investors have been targeting a price range for D-Wave Quantum between $2.00 and $20.00 during the last quarter.

Insights into Volume & Open Interest

Evaluating both the volume and open interest yields critical insights into the current trading situation of D-Wave Quantum. This data helps assess the liquidity and interest levels prevailing for its options at various strike prices. Below, we summarize the trends observed in volume and open interest for both calls and puts in D-Wave Quantum's significant trades over the past month, specifically within the target price range.

D-Wave Quantum Option Volume And Open Interest Over Last 30 Days

Largest Options Trades Observed:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
QBTS	CALL	TRADE	NEUTRAL	04/17/25	$3.9	$3.7	$3.8	$2.00	$114.0K	2.1K	303
QBTS	CALL	TRADE	BULLISH	04/17/25	$2.1	$1.95	$2.1	$4.00	$105.0K	3.6K	616
QBTS	CALL	SWEEP	BEARISH	04/17/25	$1.45	$1.4	$1.4	$5.00	$56.1K	10.0K	642
QBTS	CALL	SWEEP	BULLISH	03/28/25	$0.5	$0.45	$0.5	$7.50	$49.2K	2.4K	224
QBTS	CALL	TRADE	BULLISH	01/16/26	$1.1	$1.05	$1.08	$15.00	$43.2K	5.1K	422

About D-Wave Quantum

D-Wave Quantum Inc specializes in developing and providing quantum computing systems, software, and services. It is known as the commercial supplier of quantum computers, uniquely focusing on both annealing quantum computers and gate-model quantum computers. The company's mission is to leverage quantum computing today for the benefit of businesses and society. They offer practical quantum applications for various challenges, including logistics, artificial intelligence, materials science, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Their annealing quantum computers are accessible through their Leap™ cloud service.

After closely examining the options trading surrounding D-Wave Quantum, we will delve deeper into the company to assess its market standing and performance.

Current Position of D-Wave Quantum

• Currently trading at a volume of 71,288,737, with QBTS showing an increase of 8.36%, bringing the price to $5.83.
• The current RSI values indicate that the stock might be approaching overbought conditions.
• The next earnings report is scheduled for just one day from now.

Expert Opinions on D-Wave Quantum

In the last month, one analyst provided insights on this stock, projecting an average target price of $11.00.

Can you turn $1,000 into $1,270 in just 20 days?

One experienced options trader, with two decades in the field, has shared his simple chart technique that guides when to buy and sell. His trade history has averaged a 27% profit every 20 days. Click here for access. * Sustaining their position, an analyst from B. Riley Securities maintains a Buy rating for D-Wave Quantum, setting a target price of $11.

Options trading inherently brings higher risks alongside potential rewards. Savvy traders mitigate these risks by continuously educating themselves, refining their strategies, monitoring multiple indicators, and remaining vigilant to market movements. Stay updated on the latest D-Wave Quantum options trades through real-time alerts.

D-Wave, Options, Trading