D-Wave Quantum Inc. (QBTS) Most Active Options

The 25 most actively traded D-Wave Quantum Inc. (QBTS) option contracts at the latest daily snapshot, ranked by volume. Each row shows the contract's price, implied volatility, delta, open interest, and how today's volume compares with its own 30-day average — click a contract to analyze it in the OptiView platform.

Data as of Aug 25, 2026, 3:50 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$19.20
52-week range
$12.96 – $44.81
ATM IV (30d)
70.4%
IV rank
20 / 100
Low
Expected move
±$3.47 (±18.1%)
Put/call OI
0.71
Call-heavy
Max pain
$20
↑ 4.2% above close
Next earnings
Nov 9, 2026

Most Active QBTS Contracts

ContractExpirationDTELastIV IV rank (30d)DeltaOpen interestVolumevs 30d avg
QBTS $3 call Jan 21, 2028 514d $16.62 1,857 14,687
QBTS $8 call Jan 21, 2028 514d $12.92 2,810 2,620
QBTS $19 call Aug 28, 2026 3d $0.81 83.6% 51 0.61 601 2,423 3.6× avg
QBTS $20 call Aug 28, 2026 3d $0.36 1,362 1,264
QBTS $18 put Oct 16, 2026 52d $1.54 2,266 1,258
QBTS $20 call Sep 4, 2026 10d $0.75 4,835 1,057
QBTS $16 call Sep 18, 2026 24d $3.50 1,116 1,000
QBTS $19.5 call Aug 28, 2026 3d $0.54 516 959
QBTS $25 call Sep 18, 2026 24d $0.27 11,960 929
QBTS $21 call Aug 28, 2026 3d $0.15 2,325 881
QBTS $5 call Jan 21, 2028 514d $14.62 581 715
QBTS $20.5 call Aug 28, 2026 3d $0.23 0.0% 0 1.00 1,423 704 0.9× avg
QBTS $19 put Aug 28, 2026 3d $0.40 2,924 696
QBTS $22 call Sep 18, 2026 24d $0.66 6,885 561
QBTS $30 call Sep 18, 2026 24d $0.09 8,499 552
QBTS $23 call Nov 20, 2026 87d $2.03 716 456
QBTS $18 put Jan 15, 2027 143d $2.98 836 410
QBTS $19 put Oct 16, 2026 52d $1.96 1,007 322
QBTS $21 call Sep 4, 2026 10d $0.45 629 284
QBTS $21.5 call Sep 4, 2026 10d $0.34 214 280
QBTS $25 call Oct 16, 2026 52d $0.82 1,766 270
QBTS $18.5 put Sep 4, 2026 10d $0.59 179 251
QBTS $19.5 call Sep 4, 2026 10d $1.01 95 250
QBTS $18.5 put Aug 28, 2026 3d $0.25 2,479 246
QBTS $15 call Jan 21, 2028 514d $10.10 1,332 224

Ranked by volume at the latest daily snapshot. "vs 30d avg" compares today's volume with the contract's own 30-day average.

The most active QBTS contract today is the $3 call expiring in 514 days, with 14,687 contracts traded. Calls dominate the most-active list (19 of the top 25), showing where trading interest concentrates. One of these contracts is running well ahead of the usual daily volume.

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QBTS Options FAQ

Which QBTS option contract is most active today?

The most traded QBTS contract is the $3 call expiring Jan 21, 2028, with 14,687 contracts traded as of Aug 25, 2026.

How does OptiView rank the most active QBTS options?

The table lists the 25 QBTS contracts with the highest volume at the latest daily snapshot, alongside price, implied volatility, delta, open interest, and each contract's volume versus its own 30-day average.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.