Moderately bullish activity in D-Wave Quantum (QBTS), with shares up $1.01, or 6.14%, near $17.54. Options volume nearly triple the daily average with 131k contracts traded and calls leading puts for a put/call ratio of 0.24, compared to a typical level near 0.42. Implied volatility (IV30) is higher by 5.2 points near 85.24,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.94. Put-call skew steepened, indicating increased demand for downside protection.
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