D-Wave Quantum Inc. (QBTS)
NYSE: QBTS
· Real-Time Price · USD
32.73
3.52 (12.05%)
At close: Oct 03, 2025, 3:59 PM
32.98
0.78%
After-hours: Oct 03, 2025, 07:59 PM EDT
QBTS Delta Exposure By Expiry
The total Delta Exposure (DEX) for QBTS across all expirations shows 7,258,346.17 net shares that market makers must hedge, with 8,897,911.33 from calls and 1,639,565.16 from puts. The put-call delta ratio of 0.18 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.
QBTS DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 10, 25 | 390,345.68 | -277,687.53 | 112,658.15 | 0.71 |
| Oct 17, 25 | 1,759,756.52 | -434,836.28 | 1,324,920.24 | 0.25 |
| Oct 24, 25 | 335,635.29 | -77,495.51 | 258,139.78 | 0.23 |
| Oct 31, 25 | 181,849.96 | -87,186.99 | 94,662.97 | 0.48 |
| Nov 7, 25 | 24,908.92 | -19,483.57 | 5,425.35 | 0.78 |
| Nov 14, 25 | 1,347.32 | -985.01 | 362.31 | 0.73 |
| Nov 21, 25 | 328,825.1 | -182,321.7 | 146,503.4 | 0.55 |
| Dec 19, 25 | 25,750.42 | -10,128.65 | 15,621.77 | 0.39 |
| Jan 16, 26 | 3,051,129.21 | -313,002.66 | 2,738,126.55 | 0.10 |
| Feb 20, 26 | 5,492.25 | -371.44 | 5,120.81 | 0.07 |
| Apr 17, 26 | 454,628.99 | -58,855.68 | 395,773.31 | 0.13 |
| Nov 20, 26 | 10,163.55 | -4,822.52 | 5,341.03 | 0.47 |
| Jan 15, 27 | 2,145,961.59 | -164,192.01 | 1,981,769.58 | 0.08 |
| Jan 21, 28 | 182,116.53 | -8,195.61 | 173,920.92 | 0.05 |