D-Wave Quantum Inc. (QBTS)
D-Wave Quantum Max Pain By Strike
QBTS trades at $16.87, pinned near the near-term max pain of $17 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($10-$18), signaling increased put positioning or downside protection. Key magnetic zone at 18 where 4 expirations converge.
D-Wave Quantum Max Pain By Expiry
Max pain for QBTS shows a downward trend from 18 to 10, indicating bearish sentiment or hedging activity. The 53% spread signals divergent expectations across timeframes. Levels distributed around 16.87. Strong magnetic level at 18 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 15, 2025 | 17 | 0.13 (0.77%) |
| Aug 22, 2025 | 17 | 0.13 (0.77%) |
| Aug 29, 2025 | 17 | 0.13 (0.77%) |
| Sep 5, 2025 | 17.5 | 0.63 (3.73%) |
| Sep 12, 2025 | 17.5 | 0.63 (3.73%) |
| Sep 19, 2025 | 18 | 1.13 (6.70%) |
| Sep 26, 2025 | 17.5 | 0.63 (3.73%) |
| Oct 17, 2025 | 13 | -3.87 (-22.94%) |
| Jan 16, 2026 | 10 | -6.87 (-40.72%) |
| Apr 17, 2026 | 10 | -6.87 (-40.72%) |
| Jan 15, 2027 | 10 | -6.87 (-40.72%) |