D-Wave Quantum Inc

QBTSNYSE · USD
17.41USD-0.07 (-0.40%)
335

D-Wave Quantum Inc (QBTS) Wheel Strategy

QBTS wheel strategy scan found 65 cash-secured put setups on the previous trading day. Probability of expiring worthless is above 50%. Annualized returns reach up to 265.5%.

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Running a QBTS wheel strategy lets you generate consistent premium income on D-Wave Quantum Inc while setting your own entry and exit prices on the underlying. D-Wave Quantum Inc's wheel combines cash-secured puts and covered calls into a repeatable cycle: sell puts at strikes where you'd be happy to own QBTS, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best QBTS wheel strategy setups in real time.

The wheel works best on liquid, high-quality names with stable fundamentals and active options markets — exactly the profile many large-cap leaders fit. The mechanics are simple: sell a cash-secured put on QBTS, collect premium, and either keep the premium if it expires worthless or take assignment at a discount to current price. Once assigned, sell covered calls against the shares to keep collecting premium until they're called away. Choosing the right strikes, expirations, and IV environment is what separates a profitable QBTS wheel from a losing one.

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Launch, a quantum computing onboarding service; Ocean a full suite of open-source programming tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community. It also provides D-Wave Launch, a quantum professional service that guides enterprises from problem discovery through in-production application deployment.

The company's quantum solutions are used in artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. It serves manufacturing and logistics, financial services, life sciences, and other industries. D-Wave Quantum Inc. is based in Burnaby, Canada.

The difference between a wheel that compounds and one that bleeds comes down to strike selection, IV timing, and discipline on assignment. Our scanner handles the heavy lifting: it ranks every leg of the QBTS wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your QBTS wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.

Sep 25, 202616.50$0.22$0.24-0.3628%63.2%265.5%1,750
Oct 2, 202616.50$0.55$0.58-0.4198%54.4%141.3%875
Oct 9, 202616.50$0.75$0.90-0.42168%52.1%123.7%104
Sep 25, 202616.00$0.08$0.10-0.1928%82.5%114.1%1,221
Oct 16, 202616.50$0.95$0.99-0.42238%50.7%95.2%58
Oct 2, 202616.00$0.30$0.34-0.2998%64.6%86.2%450
Oct 9, 202616.00$0.49$0.55-0.33168%59.8%77.7%354
Oct 16, 202616.00$0.72$0.76-0.35238%57.2%75.4%11,872
Nov 20, 202616.00$1.38$1.59-0.37588%51.4%62.5%1,510
Oct 23, 202616.00$0.63$0.82-0.35308%55.5%62.0%81

As of September 24, 2026

Run the Wheel on QBTS With Confidence

Find the best QBTS wheel strategy setups across strikes and expirations, plan ahead with at-strike values, and keep your covered calls and puts on track.

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