QBTS251017C00001000 Option on D Wave Quantum

QBTS Stock  USD 18.39  0.50  2.65%   
QBTS251017C00001000 is a PUT option contract on D Wave's common stock with a strick price of 1.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 87 days remaining before the expiration. The option is currently trading at a bid price of $15.6, and an ask price of $19.55. The implied volatility as of the 22nd of July is 87.0.
When exercised, put options on D Wave produce a short position in QBTS Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on D Wave's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that D Wave Quantum will have an average daily up or down price movement of about 0.25% per day over the life of the option. With D Wave trading at USD 18.39, that is roughly USD 0.0457. If you think that the market is fully understating D Wave's daily price movement you should consider buying D Wave Quantum options at that current volatility level of 3.97%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on D Wave

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their D Wave positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on QBTS Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameQBTS251017C00001000
Expires On2025-10-17
Days Before Expriration87
Delta0.99331
Vega0.001691
Gamma5.22E-4
Theoretical Value17.58
Open Interest15
Strike Price1.0
Last Traded At18.18
Current Price Spread15.6 | 19.55
Rule 16 Daily Up or DownUSD 0.0457

QBTS short PUT Option Greeks

D Wave's Option Greeks for the contract ending on 2025-10-17 at a strike price of 1.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to D Wave's option greeks, its implied volatility helps estimate the risk of D Wave stock implied by the prices of the options on D Wave's stock.
Delta0.99331
Gamma5.22E-4
Theta-0.003901
Vega0.001691
Rho0.001668

QBTS long PUT Option Payoff at expiration

Put options written on D Wave grant holders of the option the right to sell a specified amount of D Wave at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of QBTS Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on D Wave is like buying insurance aginst D Wave's downside shift.
   Profit   
       D Wave Price At Expiration  

QBTS short PUT Option Payoff at expiration

By selling D Wave's put option, the investors signal their bearish sentiment. A short position in a put option written on D Wave will generally make money when the underlying price is above the strike price. Therefore D Wave's put payoff at expiration depends on where the QBTS Stock price is relative to the put option strike price. The breakeven price of 18.58 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to D Wave's price. Finally, at the strike price of 1.0, the payoff chart is constant and positive.
   Profit   
       D Wave Price At Expiration  
View All D Wave Options

D Wave Quantum Available Call Options

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
QBTS251017C0003900054339.00.77 - 0.881.07Out
Call
QBTS251017C00038000147838.00.83 - 0.961.21Out
Call
QBTS251017C0003700058537.00.89 - 1.00.94Out
Call
QBTS251017C000360002536.00.82 - 1.051.35Out
Call
QBTS251017C00035000124235.01.02 - 1.131.18Out
Call
QBTS251017C0003400059534.00.79 - 1.381.46Out
Call
QBTS251017C0003300011833.01.03 - 1.271.63Out
Call
QBTS251017C0003200058632.01.26 - 1.371.37Out
Call
QBTS251017C000310008131.01.3 - 1.461.48Out
Call
QBTS251017C0003000089630.01.45 - 1.571.7Out
Call
QBTS251017C0002900014729.01.52 - 1.661.91Out
Call
QBTS251017C0002800029628.01.58 - 1.861.84Out
Call
QBTS251017C0002700045927.01.77 - 2.072.45Out
Call
QBTS251017C0002600060726.01.97 - 2.132.0Out
Call
QBTS251017C000250001195125.02.14 - 2.192.17Out
Call
QBTS251017C0002400055524.02.19 - 2.472.35Out
Call
QBTS251017C0002300090323.02.5 - 2.62.55Out
Call
QBTS251017C0002200088822.02.76 - 2.842.79Out
Call
QBTS251017C00021000112721.03.0 - 3.13.05Out
Call
QBTS251017C00020000468120.03.3 - 3.43.35Out
Call
QBTS251017C00019000172219.03.6 - 3.753.7Out
Call
QBTS251017C00018000655118.04.0 - 4.14.05In
Call
QBTS251017C00017000329417.04.4 - 4.554.6In
Call
QBTS251017C00016000451516.04.9 - 5.05.29In
Call
QBTS251017C00015000551515.05.4 - 5.65.5In
Call
QBTS251017C00014000130214.06.0 - 6.16.55In
Call
QBTS251017C00013000175513.06.6 - 6.87.45In
Call
QBTS251017C00012000674512.07.3 - 7.47.4In
Call
QBTS251017C00011000130511.08.0 - 8.158.4In
Call
QBTS251017C00010000197210.08.2 - 8.958.95In
Call
QBTS251017C0000900012669.09.65 - 9.810.7In
Call
QBTS251017C0000800016438.09.95 - 10.711.15In
Call
QBTS251017C0000700011527.011.45 - 11.6513.61In
Call
QBTS251017C0000600011306.012.4 - 12.5514.35In
Call
QBTS251017C000050006755.012.85 - 13.513.55In
Call
QBTS251017C00004000994.014.35 - 14.5516.25In
Call
QBTS251017C00003000373.014.85 - 15.515.9In
Call
QBTS251017C00002000192.016.25 - 16.516.9In
Call
QBTS251017C00001000151.015.6 - 19.5518.18In

D Wave Corporate Management

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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.