Significant Wednesday Option Movements: QUBT, QBTS, RGTI

Avatar photo

Options trading activity on October 17, 2023, among quantum computing companies has seen significant volume. Quantum Computing Inc (QUBT) recorded 89,763 contracts traded, equivalent to approximately 9.0 million shares, which is 97% of its average daily volume of 9.2 million shares. The standout was the $10 strike call option expiring April 17, 2026, with 9,111 contracts traded, representing 911,100 underlying shares.

D-Wave Quantum Inc (QBTS) reported 189,128 contracts traded, totaling about 18.9 million shares—92.1% of its monthly average of 20.5 million shares. The $20 strike call option expiring April 17, 2026, saw 18,482 contracts, reflecting around 1.8 million underlying shares.

Rigetti Computing Inc (RGTI) had 215,530 contracts traded, representing approximately 21.6 million shares, or 87.2% of its average daily volume of 24.7 million shares. The highest volume was for the $14 strike put option due July 17, 2026, with 30,230 contracts traded, equivalent to 3.0 million underlying shares.

The free Daily Market Overview 250k traders and investors are reading

Read Now