Highlighting Thursday’s Significant Options Activity: QBTS, PGY, JBLU

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D-Wave Quantum Inc (QBTS) showed significant trading activity today with a volume of 286,592 contracts, equivalent to approximately 28.7 million underlying shares, representing 69.3% of its average daily trading volume of 41.4 million shares. Notably, the $20 strike call option expiring on July 18, 2025 accounted for 29,037 contracts, or around 2.9 million underlying shares.

Pagaya Technologies Ltd (PGY) also experienced high options trading, with 16,172 contracts traded, representing approximately 1.6 million underlying shares and 67.7% of PGY’s average daily volume of 2.4 million shares. The $21 strike put option expiring August 15, 2025 saw 6,370 contracts, equating to about 637,000 shares.

JetBlue Airways Corp (JBLU) recorded a volume of 118,532 contracts, representing approximately 11.9 million underlying shares or 63.2% of its average daily volume of 18.8 million shares. The $5 strike call option, expiring July 18, 2025, was particularly active with 22,251 contracts, representing around 2.2 million shares.

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