On October 28, Eastern Time, D-Wave Quantum options saw a total of 155113 contracts traded, with calls accounting for 51% and puts making up 48%.
D-Wave Quantum has 851150 contracts outstanding, with calls accounting for 51% and puts making up 48%.
The top volume gainer was the 30 dollars Put option expiring on October 31, 2025, with 6561 contracts traded.
On the news front, Based on recent key news:

1. Oct 28, Analyst Sujeeva De Silva reaffirmed a Buy rating for QBTS and increased the price target to $50, indicating a potential 40% upside. This positive outlook contrasts with the recent stock decline. Source: MarketBeat

2. Oct 27, Speculation about the US government potentially taking an equity stake in quantum companies, including QBTS, drove speculative trading. Despite denials, the rumors fueled volatility. Source: MarketBeat

3. Oct 27, The competitive landscape in quantum computing is intensifying, with larger companies like Google and IBM posing significant threats to pure-play firms like QBTS. This competitive pressure may have contributed to the stock's decline. Source: MarketBeatQuantum sector faces competitive pressure.
Please note: The chart below does not include options expiring within five days.
<img src="https://assets.lbctrl.com/h5hub/optrank/images/2025-10-29/ST_US_QBTS_en.png" alt="image" original-src="https://assets.lbctrl.com/h5hub/optrank/images/2025-10-29/ST_US_QBTS_en.png"/>

QBTS

On October 28, Eastern Time, D-Wave Quantum options saw a total of 155113 contracts traded, with calls accounting for 51% and puts making up 48%.

Trending | QBTS Plummets 8% on Tuesday, Some Put options Soar 200%