QBTS251017P00013000 Option on D Wave Quantum
QBTS Stock | USD 18.89 0.35 1.82% |
QBTS251017P00013000 is a PUT option contract on D Wave's common stock with a strick price of 13.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 89 days remaining before the expiration. The option is currently trading at a bid price of $1.07, and an ask price of $1.2. The implied volatility as of the 20th of July is 89.0.
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 0.0664% per day over the life of the option. With D Wave trading at USD 18.89, that is roughly USD 0.0125. 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 1.06%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on D Wave
An 'Out of The Money' option on QBTS has a strike price that QBTS Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for D Wave's 'Out of The Money' options include buying the options if you expect a big move in D Wave's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Put Contract Name | QBTS251017P00013000 |
Expires On | 2025-10-17 |
Days Before Expriration | 89 |
Vega | 0.022921 |
Gamma | 0.024578 |
Theoretical Value | 1.1 |
Open Interest | 1539 |
Current Trading Volume | 31.0 |
Strike Price | 13.0 |
Last Traded At | 1.1 |
Current Price Spread | 1.07 | 1.2 |
Rule 16 Daily Up or Down | USD 0.0125 |
QBTS short PUT Option Greeks
D Wave's Option Greeks for the contract ending on 2025-10-17 at a strike price of 13.0 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.
Delta | -0.161075 | |
Gamma | 0.024578 | |
Theta | -0.013077 | |
Vega | 0.022921 | |
Rho | -0.009139 |
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 11.9 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 13.0, the payoff chart is constant and positive.
Profit |
D Wave Price At Expiration |
D Wave Quantum Available Put 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 Int | Strike Price | Current Spread | Last Price | |||
Put | QBTS251017P00039000 | 0 | 39.0 | 19.75 - 21.8 | 20.75 | In |
Put | QBTS251017P00038000 | 6 | 38.0 | 19.55 - 19.9 | 20.23 | In |
Put | QBTS251017P00037000 | 1 | 37.0 | 18.85 - 20.0 | 21.05 | In |
Put | QBTS251017P00036000 | 1 | 36.0 | 17.35 - 18.55 | 17.84 | In |
Put | QBTS251017P00035000 | 20 | 35.0 | 16.95 - 18.0 | 20.31 | In |
Put | QBTS251017P00034000 | 0 | 34.0 | 15.6 - 16.3 | 15.6 | In |
Put | QBTS251017P00033000 | 1 | 33.0 | 15.0 - 15.5 | 14.9 | In |
Put | QBTS251017P00032000 | 1 | 32.0 | 14.2 - 14.35 | 14.1 | In |
Put | QBTS251017P00031000 | 0 | 31.0 | 13.3 - 13.45 | 13.3 | In |
Put | QBTS251017P00030000 | 51 | 30.0 | 12.4 - 12.6 | 12.6 | In |
Put | QBTS251017P00028000 | 11 | 28.0 | 9.7 - 10.85 | 13.41 | In |
Put | QBTS251017P00027000 | 5 | 27.0 | 9.8 - 10.35 | 13.2 | In |
Put | QBTS251017P00026000 | 10 | 26.0 | 9.0 - 9.2 | 9.0 | In |
Put | QBTS251017P00025000 | 25 | 25.0 | 8.2 - 8.3 | 8.2 | In |
Put | QBTS251017P00024000 | 30 | 24.0 | 7.4 - 7.55 | 7.4 | In |
Put | QBTS251017P00023000 | 121 | 23.0 | 6.65 - 6.75 | 6.65 | In |
Put | QBTS251017P00022000 | 189 | 22.0 | 5.9 - 6.0 | 5.9 | In |
Put | QBTS251017P00021000 | 133 | 21.0 | 5.2 - 5.35 | 5.55 | In |
Put | QBTS251017P00020000 | 385 | 20.0 | 4.5 - 4.9 | 4.8 | In |
Put | QBTS251017P00019000 | 210 | 19.0 | 3.9 - 4.0 | 4.09 | In |
Put | QBTS251017P00018000 | 508 | 18.0 | 3.3 - 3.4 | 3.36 | Out |
Put | QBTS251017P00017000 | 2358 | 17.0 | 2.77 - 2.99 | 2.87 | Out |
Put | QBTS251017P00016000 | 1155 | 16.0 | 2.08 - 2.37 | 2.3 | Out |
Put | QBTS251017P00015000 | 1716 | 15.0 | 1.82 - 1.91 | 1.81 | Out |
Put | QBTS251017P00014000 | 1309 | 14.0 | 1.42 - 1.53 | 1.45 | Out |
Put | QBTS251017P00013000 | 1539 | 13.0 | 1.07 - 1.2 | 1.1 | Out |
Put | QBTS251017P00012000 | 1456 | 12.0 | 0.79 - 1.05 | 0.8 | Out |
Put | QBTS251017P00011000 | 1853 | 11.0 | 0.55 - 0.65 | 0.58 | Out |
Put | QBTS251017P00010000 | 2409 | 10.0 | 0.38 - 0.59 | 0.4 | Out |
Put | QBTS251017P00009000 | 2269 | 9.0 | 0.26 - 0.59 | 0.35 | Out |
Put | QBTS251017P00008000 | 1769 | 8.0 | 0.0 - 0.42 | 0.28 | Out |
Put | QBTS251017P00007000 | 1684 | 7.0 | 0.1 - 0.18 | 0.15 | Out |
Put | QBTS251017P00006000 | 1472 | 6.0 | 0.05 - 0.13 | 0.09 | Out |
Put | QBTS251017P00005000 | 1015 | 5.0 | 0.05 - 0.18 | 0.06 | Out |
Put | QBTS251017P00004000 | 438 | 4.0 | 0.0 - 0.52 | 0.04 | Out |
Put | QBTS251017P00003000 | 1527 | 3.0 | 0.0 - 0.08 | 0.04 | Out |
Put | QBTS251017P00002000 | 95 | 2.0 | 0.0 - 0.05 | 0.05 | Out |
Put | QBTS251017P00001000 | 119 | 1.0 | 0.0 - 0.02 | 0.05 | Out |
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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.