Mixed options sentiment in D-Wave Quantum (QBTS), with shares down $1.75 near $23.77. Options volume relatively light with 42k contracts traded and calls leading puts for a put/call ratio of 0.51, compared to a typical level near 0.65. Implied volatility (IV30) is higher by 0.8 points near 97.24,in the bottom quartile of the past year, suggesting an expected daily move of $1.46. Put-call skew steepened, indicating increased demand for downside protection.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on QBTS:
- Quantum Leap: Quantum Computing to purchase Luminar Semiconductor for $110M
- IONQ, RGTI, and QBTS: Wedbush Turns Up the Heat on These 3 Quantum Computing Stocks
- D-Wave Quantum initiated with an Outperform at Wedbush
- IONQ, QBTS: Jefferies Sounds the Bullhorn on These 2 Quantum Stocks
- Jefferies semiconductor analyst to hold analyst/industry conference call