tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Bullish flow in Quantum Computing with shares up 7.68%

Bullish flow in Quantum Computing (QUBT), with shares up 77c, or 7.68%, near $10.80. Options volume roughly in line with average with 43k contracts traded and calls leading puts for a put/call ratio of 0.63, compared to a typical level near 0.74. Implied volatility (IV30) is higher by 1.7 points near 120.39,and below the 52wk median, suggesting an expected daily move of $0.82. Put-call skew flattened, suggesting a modestly bullish tone.The company will report earnings after the close today. Option markets are pricing in a 50% probability of a move greater than 15.04% or $1.62.

TipRanks Black Friday Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1