Moderately bullish activity in D-Wave Quantum (QBTS), with shares up $1.95, or 5.95%, near $34.65. Options volume running well above average with 102k contracts traded and calls leading puts for a put/call ratio of 0.59, compared to a typical level near 0.5. Implied volatility (IV30) is up nearly 11.0 points near 138.8,and above the 52wk median, suggesting an expected daily move of $3.03. Put-call skew steepened, indicating increased demand for downside protection.
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