D Wave Stock Options Expiring on 25th of July

QBTS Stock  USD 20.30  2.71  15.41%   
D Wave's latest option contracts expiring on July 25th 2025 are carrying combined implied volatility of 3.63 with a put-to-call open interest ratio of 0.6 over 104 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on July 25th 2025. The total put volume is at 22.7 K, with calls trading at the volume of 64.3 K. This yields a 0.35 put-to-call volume ratio.

Open Interest Against July 25th 2025 Option Contracts

D Wave option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in D Wave's lending market. For example, when D Wave's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on D Wave, he or she must hedge the risk by shorting D Wave stock over its option's life.
The chart above shows D Wave's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. D Wave's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for D Wave's option, there is no secondary market available for investors to trade.

D Wave Maximum Pain Price Across 2025-07-25 Option Contracts

Max pain occurs when D Wave's market makers reach a net positive position across all D Wave's options at a strike price where option holders stand to lose the most money. By contrast, D Wave's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

D Wave Quantum In The Money Call Balance

When D Wave's strike price is surpassing the current stock price, the option contract against D Wave Quantum stock is said to be in the money. When it comes to buying D Wave's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on D Wave Quantum are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

QBTS Current Options Market Mood

D Wave's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps QBTS Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Unfortunately, most D Wave's options investors are not very successful. D Wave's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current QBTS contract

Base on the Rule 16, the options market is currently suggesting that D Wave Quantum will have an average daily up or down price movement of about 0.23% per day over the life of the 2025-07-25 option contract. With D Wave trading at USD 20.3, that is roughly USD 0.0461. If you think that the market is fully incorporating D Wave's daily price movement you should consider buying D Wave Quantum options at the current volatility level of 3.63%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

D Wave Option Chain

When D Wave's strike price is surpassing the current stock price, the option contract against D Wave Quantum stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
D Wave's option chain is a display of a range of information that helps investors for ways to trade options on QBTS. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for QBTS. It also shows strike prices and maturity days for a D Wave against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
QBTS250725C00039000039.00.0 - 0.70.01Out
Call
QBTS250725C00038000038.00.0 - 1.151.15Out
Call
QBTS250725C00037000037.00.0 - 1.261.26Out
Call
QBTS250725C00036500036.50.0 - 1.251.25Out
Call
QBTS250725C000360002536.00.0 - 1.150.01Out
Call
QBTS250725C00035500035.50.0 - 1.261.26Out
Call
QBTS250725C000350003835.00.0 - 0.30.02Out
Call
QBTS250725C00034500034.50.0 - 1.261.26Out
Call
QBTS250725C000340001834.00.0 - 0.150.15Out
Call
QBTS250725C00033500033.50.0 - 1.261.26Out
Call
QBTS250725C00032000532.00.0 - 1.270.04Out
Call
QBTS250725C00031000531.00.0 - 1.270.55Out
Call
QBTS250725C0003000037630.00.0 - 0.060.03Out
Call
QBTS250725C000290002029.00.0 - 0.060.06Out
Call
QBTS250725C0002800015628.00.0 - 0.120.02Out
Call
QBTS250725C0002700012727.00.02 - 0.060.05Out
Call
QBTS250725C0002600017826.00.04 - 0.070.05Out
Call
QBTS250725C000255001325.50.0 - 0.140.05Out
Call
QBTS250725C00025000166925.00.07 - 0.10.1Out
Call
QBTS250725C0002450019224.50.0 - 0.130.05Out
Call
QBTS250725C0002400038624.00.12 - 0.150.12Out
Call
QBTS250725C0002350033623.50.15 - 0.380.18Out
Call
QBTS250725C00023000150423.00.21 - 0.290.21Out
Call
QBTS250725C0002250057722.50.19 - 0.30.31Out
Call
QBTS250725C00022000440322.00.35 - 0.40.39Out
Call
QBTS250725C00021500242021.50.45 - 0.490.48Out
Call
QBTS250725C00021000304921.00.58 - 0.630.62Out
Call
QBTS250725C00020500340320.50.76 - 0.810.78Out
Call
QBTS250725C00020000605720.01.0 - 1.011.01In
Call
QBTS250725C00019500216819.51.16 - 1.321.25In
Call
QBTS250725C00019000240619.01.55 - 1.661.63In
Call
QBTS250725C00018500166418.51.88 - 2.051.84In
Call
QBTS250725C00018000334118.02.28 - 2.452.42In
Call
QBTS250725C00017500263617.52.76 - 2.912.9In
Call
QBTS250725C00017000277017.03.3 - 3.43.35In
Call
QBTS250725C00016500139216.53.55 - 3.93.84In
Call
QBTS250725C00016000177616.04.25 - 4.43.81In
Call
QBTS250725C00015500514015.54.75 - 4.854.77In
Call
QBTS250725C00015000472615.05.25 - 5.355.35In
Call
QBTS250725C0001450035714.55.75 - 5.855.8In
Call
QBTS250725C00014000172314.06.25 - 6.356.3In
Call
QBTS250725C0001350060013.56.5 - 6.95.55In
Call
QBTS250725C0001300049113.06.85 - 7.356.15In
Call
QBTS250725C000125006212.57.5 - 8.856.76In
Call
QBTS250725C000120006012.07.65 - 9.157.44In
Call
QBTS250725C000115002211.58.0 - 9.658.73In
Call
QBTS250725C000110001011.08.1 - 9.49.2In
Call
QBTS250725C00010500510.58.8 - 9.99.72In
Call
QBTS250725C000100004110.010.2 - 10.59.35In
Call
QBTS250725C00009000149.010.3 - 12.3510.8In
Call
QBTS250725C0000800028.011.7 - 12.811.45In
Call
QBTS250725C0000750027.512.2 - 13.5512.75In
Call
QBTS250725C0000700037.012.5 - 13.913.22In
Call
QBTS250725C0000500015.014.35 - 15.6516.5In
 Put
QBTS250725P00039000039.018.6 - 19.4518.6In
 Put
QBTS250725P00038000038.017.4 - 18.417.4In
 Put
QBTS250725P00037000037.016.5 - 17.516.5In
 Put
QBTS250725P00036500036.515.65 - 16.8515.65In
 Put
QBTS250725P00036000036.014.85 - 15.914.85In
 Put
QBTS250725P00035500035.514.8 - 15.3514.8In
 Put
QBTS250725P00035000035.013.95 - 14.813.95In
 Put
QBTS250725P00034500034.513.15 - 14.3513.15In
 Put
QBTS250725P00034000134.012.65 - 14.4514.7In
 Put
QBTS250725P00033500033.512.55 - 13.4512.55In
 Put
QBTS250725P00033000233.012.6 - 13.3513.9In
 Put
QBTS250725P00032000332.011.65 - 12.512.6In
 Put
QBTS250725P00031000731.010.3 - 11.6512.75In
 Put
QBTS250725P00030500130.59.2 - 10.311.05In
 Put
QBTS250725P00029000229.07.7 - 9.49.55In
 Put
QBTS250725P00026000426.05.1 - 6.559.05In
 Put
QBTS250725P00025500225.54.9 - 6.358.65In
 Put
QBTS250725P000250005925.04.7 - 5.47.2In
 Put
QBTS250725P000245004024.53.55 - 4.955.1In
 Put
QBTS250725P000240008224.03.2 - 4.055.5In
 Put
QBTS250725P00023500823.53.2 - 3.63.3In
 Put
QBTS250725P000230005623.02.79 - 3.254.05In
 Put
QBTS250725P000225006922.52.26 - 2.623.4In
 Put
QBTS250725P000220007322.02.03 - 2.182.02In
 Put
QBTS250725P0002150023221.51.64 - 1.971.65In
 Put
QBTS250725P0002100016121.01.27 - 1.421.29In
 Put
QBTS250725P0002050050720.50.92 - 1.030.99In
 Put
QBTS250725P00020000136620.00.68 - 0.720.72Out
 Put
QBTS250725P0001950086519.50.46 - 0.530.48Out
 Put
QBTS250725P00019000155819.00.29 - 0.310.3Out
 Put
QBTS250725P00018500243218.50.17 - 0.20.2Out
 Put
QBTS250725P00018000226218.00.11 - 0.120.12Out
 Put
QBTS250725P00017500307117.50.05 - 0.10.07Out
 Put
QBTS250725P00017000334717.00.04 - 0.070.05Out
 Put
QBTS250725P00016500258016.50.02 - 0.040.04Out
 Put
QBTS250725P00016000373516.00.01 - 0.030.03Out
 Put
QBTS250725P00015500152015.50.01 - 0.050.01Out
 Put
QBTS250725P00015000241915.00.0 - 0.030.01Out
 Put
QBTS250725P00014500100314.50.0 - 0.290.02Out
 Put
QBTS250725P00014000129514.00.0 - 0.250.01Out
 Put
QBTS250725P0001350067613.50.0 - 0.030.01Out
 Put
QBTS250725P0001300056113.00.0 - 0.110.02Out
 Put
QBTS250725P0001250061112.50.0 - 0.040.02Out
 Put
QBTS250725P0001200078112.00.0 - 0.020.01Out
 Put
QBTS250725P0001150026111.50.0 - 0.050.01Out
 Put
QBTS250725P00011000210311.00.0 - 0.440.01Out
 Put
QBTS250725P0001000021210.00.0 - 0.050.01Out
 Put
QBTS250725P00009000209.00.0 - 0.150.01Out
 Put
QBTS250725P0000800028.00.0 - 0.530.1Out
 Put
QBTS250725P0000500035.00.0 - 0.010.01Out

QBTS Total Stockholder Equity

Total Stockholder Equity

65.78 Million

At this time, D Wave's Total Stockholder Equity is comparatively stable compared to the past year.

D Wave Corporate Management

Diane NguyenGeneral SecretaryProfile
Michelle MaggsSenior MarketingProfile
Mohammad AminPrincipal ScientistProfile
Trevor LantingAlgorithms SoftwareProfile
John MarkovichChief OfficerProfile
Victoria BrydonVP ExcellenceProfile
Michele MacreadyAlgorithms, SoftwareProfile

Additional Tools for QBTS Stock Analysis

When running D Wave's price analysis, check to measure D Wave's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy D Wave is operating at the current time. Most of D Wave's value examination focuses on studying past and present price action to predict the probability of D Wave's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move D Wave's price. Additionally, you may evaluate how the addition of D Wave to your portfolios can decrease your overall portfolio volatility.