Mixed options sentiment in D-Wave Quantum (QBTS), with shares down $1.44 near $21.77. Options volume roughly in line with average with 31k contracts traded and calls leading puts for a put/call ratio of 0.42, compared to a typical level near 0.42. Implied volatility (IV30) dropped 0.35 near 94.79,in the bottom quartile of the past year, suggesting an expected daily move of $1.30. Put-call skew steepened, indicating increased demand for downside protection.
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