Mixed options sentiment in D-Wave Quantum (QBTS), with shares down 86c near $18.20. Options volume relatively light with 40k contracts traded and calls leading puts for a put/call ratio of 0.34, compared to a typical level near 0.43. Implied volatility (IV30) dropped 2.37 near 92.99,in the bottom quartile of the past year, suggesting an expected daily move of $1.07. Put-call skew steepened, indicating increased demand for downside protection.
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