D-Wave Quantum (QBTS) Options Chain

NASDAQ: QBTSTechnologyEDP ServicesUSD

14.57-0.03 (-0.21%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Nov 13, 2026
Days to expiration: 33
Share price: $14.57
Put/call ratio (OI): 0.39
Put/call ratio (volume): 2.60
ATM implied volatility: 67.4%
Expected move: ±$2.95
Open interest (C / P): 515 / 199

QBTS options summary

The QBTS options chain for the November 13, 2026 expiration lists 20 call and 21 put contracts, with 33 days until expiration. Open interest stands at 515 calls and 199 puts, a put/call ratio of 0.39, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $14.50 strike is 67.4%, which implies the market expects a move of about ±$2.95 (20.3%) in D-Wave Quantum stock by expiration.

The most open interest sits at the $18.00 call (119 contracts) and the $15.50 put (45 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

QBTS options chain · November 13, 2026

QBTS calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
—	—	—	—	—	—	11.00	—	—	0.14	—	—	—
—	—	—	—	—	—	12.00	—	—	0.26	—	—	—
—	—	—	—	—	—	12.50	—	—	0.46	—	—	—
—	—	—	—	—	—	13.00	0.39	0.70	0.56	69.6%	10	26
—	—	—	1.88	—	—	13.50	—	—	0.78	—	—	—
—	—	—	1.56	—	—	14.00	0.86	1.07	0.92	70.8%	69	15
—	—	—	1.31	—	—	14.50	0.74	1.57	1.36	67.4%	21	20
QBTS $14.57
—	—	—	1.20	—	—	15.00	1.32	1.80	1.56	74.2%	471	31
—	—	—	0.99	—	—	15.50	1.60	1.90	1.94	67.3%	14	45
107	1	72.3%	0.74	0.60	0.89	16.00	1.80	2.35	2.28	66.2%	50	44
64	20	75.1%	0.72	0.39	0.92	16.50	2.00	3.20	2.51	76.0%	2	14
7	65	77.0%	0.53	0.50	0.63	17.00	—	—	2.58	—	—	—
31	9	79.1%	0.41	0.45	0.54	17.50	—	—	3.45	—	—	—
119	26	73.8%	0.43	0.20	0.48	18.00	3.00	4.35	2.39	65.8%	4	4
—	—	—	0.38	—	—	18.50	—	—	3.85	—	—	—
43	5	80.1%	0.28	0.24	0.33	19.00	—	—	3.70	—	—	—
82	96	85.5%	0.24	0.20	0.38	19.50	—	—	—	—	—	—
44	12	82.2%	0.19	0.10	0.32	20.00	—	—	5.52	—	—	—
8	1	85.9%	0.25	0.00	0.41	20.50	—	—	—	—	—	—
1	6	85.3%	0.16	0.00	0.33	21.00	—	—	5.80	—	—	—
5	4	99.2%	0.28	0.04	0.46	21.50	—	—	—	—	—	—
4	2	84.0%	0.20	0.00	0.21	22.00	—	—	6.78	—	—	—
—	—	—	0.12	—	—	23.00	—	—	8.36	—	—	—
—	—	—	0.19	—	—	24.00	—	—	—	—	—	—
—	—	—	—	—	—	26.00	—	—	10.29	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the QBTS put/call ratio?

For the November 13, 2026 expiration, the QBTS put/call ratio based on open interest is 0.39 (199 puts vs 515 calls), and 2.60 based on today's volume. A ratio above 1 means more puts than calls.

What is QBTS's implied volatility?

At-the-money implied volatility for QBTS options expiring November 13, 2026 is about 67.4%, an annualized estimate of how much the market expects D-Wave Quantum stock to move.

How many QBTS option expiration dates are there?

QBTS has 11 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.