Whales with a lot of money to spend have taken a noticeably bullish stance on D-Wave Quantum.
Looking at options history for D-Wave Quantum QBTS we detected 30 trades.
If we consider the specifics of each trade, it is accurate to state that 56% of the investors opened trades with bullish expectations and 36% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $265,800 and 26, calls, for a total amount of $1,376,316.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $3.0 to $25.0 for D-Wave Quantum over the recent three months.
Insights into Volume & Open Interest
In today’s trading context, the average open interest for options of D-Wave Quantum stands at 3638.95, with a total volume reaching 105,531.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in D-Wave Quantum, situated within the strike price corridor from $3.0 to $25.0, throughout the last 30 days.
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 | PUT | SWEEP | BULLISH | 05/30/25 | $1.1 | $1.05 | $1.05 | $12.50 | $105.0K | 288 | 3.5K |
| QBTS | CALL | TRADE | BEARISH | 06/20/25 | $2.1 | $2.05 | $2.05 | $13.00 | $102.2K | 12.0K | 6.3K |
| QBTS | PUT | SWEEP | BEARISH | 05/30/25 | $1.0 | $0.95 | $0.98 | $12.50 | $98.0K | 288 | 2.2K |
| QBTS | CALL | SWEEP | BULLISH | 06/20/25 | $1.9 | $1.85 | $1.9 | $14.00 | $95.0K | 2.5K | 3.9K |
| QBTS | CALL | SWEEP | BEARISH | 06/20/25 | $1.95 | $1.9 | $1.9 | $14.00 | $95.0K | 2.5K | 2.9K |
About D-Wave Quantum
D-Wave Quantum Inc is in the development and delivery of quantum computing systems, software, and services, and it is the commercial supplier of quantum computers and the only company building both annealing quantum computers and gate-model quantum computers. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Its annealing quantum computers are accessible through the company’s LeapTM cloud service.
Having examined the options trading patterns of D-Wave Quantum, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Present Market Standing of D-Wave Quantum
- With a trading volume of 79,837,838, the price of QBTS is up by 2.29%, reaching $12.53.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 80 days from now.
Professional Analyst Ratings for D-Wave Quantum
2 market experts have recently issued ratings for this stock, with a consensus target price of $13.5.
Unusual Options Activity Detected: Smart Money on the Move
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* An analyst from Benchmark has decided to maintain their Buy rating on D-Wave Quantum, which currently sits at a price target of $14.
* An analyst from Needham has decided to maintain their Buy rating on D-Wave Quantum, which currently sits at a price target of $13.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for D-Wave Quantum with Benzinga Pro for real-time alerts.
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