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: Jan 19, 2029
Days to expiration: 831
Share price: $14.57
Put/call ratio (OI): 5.43
Put/call ratio (volume): 9.90
ATM implied volatility: 81.4%
Expected move: ±$17.89
Open interest (C / P): 1.99K / 10.80K

QBTS options summary

The QBTS options chain for the January 19, 2029 expiration lists 12 call and 10 put contracts, with 831 days until expiration. Open interest stands at 1,990 calls and 10,804 puts, a put/call ratio of 5.43, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $15.00 strike is 81.4%, which implies the market expects a move of about ±$17.89 (122.8%) in D-Wave Quantum stock by expiration.

The most open interest sits at the $30.00 call (648 contracts) and the $5.00 put (8.20K contracts).

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

QBTS options chain · January 19, 2029

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
10	2	101.3%	12.20	11.10	13.35	3.00	0.18	0.33	0.24	75.6%	22	40
36	20	109.5%	10.70	10.65	12.15	5.00	0.69	0.75	0.73	71.8%	1,201	8,203
242	3	90.3%	9.11	8.85	10.00	8.00	—	—	—	—	—	—
59	3	83.5%	8.33	8.10	8.50	10.00	2.52	2.86	2.75	65.8%	2	1,576
19	3	89.8%	7.30	7.00	8.45	13.00	4.30	4.55	4.44	64.9%	759	23
QBTS $14.57
329	3	84.1%	6.58	6.60	7.00	15.00	5.65	8.00	5.75	78.7%	10	280
157	8	91.1%	6.02	6.00	7.70	17.00	6.80	7.25	7.00	62.7%	1	619
133	82	81.9%	5.35	5.35	5.70	20.00	9.10	9.70	9.31	63.6%	7	54
84	10	81.5%	5.12	4.90	5.35	22.00	10.60	11.05	10.15	61.5%	1	2
156	1	82.3%	4.80	4.50	4.95	25.00	—	—	—	—	—	—
117	50	81.8%	4.46	4.15	4.65	27.00	14.45	15.40	13.82	60.0%	6	6
648	18	82.0%	4.05	3.75	4.35	30.00	16.20	17.90	16.04	53.5%	1	1

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 January 19, 2029 expiration, the QBTS put/call ratio based on open interest is 5.43 (10,804 puts vs 1,990 calls), and 9.90 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 January 19, 2029 is about 81.4%, 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.