Financial giants have made a conspicuous bullish move on D-Wave Quantum. Our analysis of options history for D-Wave Quantum (NYSE:QBTS) revealed 18 unusual trades.
Delving into the details, we found 50% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $161,402, and 16 were calls, valued at $795,210.
What’s The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $10.0 to $45.0 for D-Wave Quantum during the past quarter.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for D-Wave Quantum’s options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of D-Wave Quantum’s whale activity within a strike price range from $10.0 to $45.0 in the last 30 days.
D-Wave Quantum Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| QBTS | PUT | SWEEP | BULLISH | 01/30/26 | $1.59 | $1.45 | $1.58 | $26.50 | $92.1K | 66 | 584 |
| QBTS | CALL | TRADE | BEARISH | 04/17/26 | $9.2 | $9.0 | $9.0 | $23.00 | $90.0K | 2.7K | 114 |
| QBTS | CALL | TRADE | NEUTRAL | 01/16/26 | $6.3 | $1.97 | $4.5 | $24.00 | $90.0K | 2.2K | 200 |
| QBTS | CALL | TRADE | BULLISH | 04/17/26 | $8.95 | $8.7 | $8.9 | $23.00 | $89.0K | 2.7K | 264 |
| QBTS | CALL | SWEEP | BULLISH | 01/16/26 | $1.0 | $0.9 | $1.0 | $29.00 | $70.7K | 3.5K | 1.7K |
About D-Wave Quantum
D-Wave Quantum Inc is in the development and delivery of quantum computing systems, software, and services, and it is the commercial supplier of quantum computers and the only company building both annealing quantum computers and gate-model quantum computers. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Its annealing quantum computers are accessible through the company’s LeapTM cloud service.
Having examined the options trading patterns of D-Wave Quantum, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Present Market Standing of D-Wave Quantum
- With a trading volume of 31,452,007, the price of QBTS is up by 2.36%, reaching $29.5.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 57 days from now.
Professional Analyst Ratings for D-Wave Quantum
In the last month, 4 experts released ratings on this stock with an average target price of $40.75.
- Consistent in their evaluation, an analyst from Rosenblatt keeps a Buy rating on D-Wave Quantum with a target price of $43.
- Consistent in their evaluation, an analyst from Rosenblatt keeps a Buy rating on D-Wave Quantum with a target price of $40.
- In a cautious move, an analyst from Wedbush downgraded its rating to Outperform, setting a price target of $35.
- An analyst from Jefferies downgraded its action to Buy with a price target of $45.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics.
