Quantum Computing Sees Bullish Option Flow Ahead of Earnings

Quantum Computing (QUBT) has seen above-normal call volume with 24,879 calls trading, 3x expected, and implied volatility increasing by over 4 points to 99.93%. The most active options are the weekly 17 and 19 calls, with a total volume of near 4,500 contracts. The Put/Call Ratio is 0.19, and earnings are expected on August 14th.

Quantum Computing Inc. (QUBT), a leading player in the quantum computing sector, has witnessed significant progress in both hardware advancements and strategic partnerships, driving its stock price to new heights. In the past three months, QUBT has surged by 112.8%, outperforming the industry's 18.2% growth and the sector's 19% rise. The S&P 500 index, by comparison, improved by 11.1% during the same period [1].

QUBT's recent milestones include the delivery of its first commercial entangled photon source, a bulk Periodically Poled Lithium Niobate (PPLN) device, to a prominent South Korean research institution. This marks a pivotal expansion in the company's product portfolio, moving beyond optimization platforms into photonic quantum hardware [1]. Additionally, QUBT secured a $332,000 order from a top-five U.S. bank to deploy a quantum communication system in a secure testbed, positioning it to tap into the growing demand for quantum-secured communications [1].

The company's strategic focus extends to real-world applications across critical verticals such as finance, national security, space, and life sciences, with its hardware-software co-development strategy. QUBT has also indicated that follow-on orders or scale-up discussions may be underway, which could provide more visibility into future revenue recognition [1].

QUBT's peers are also making significant strides. IonQ, Inc. (IONQ) recently partnered with Australia’s Emergence Quantum to co-develop advanced materials for trapped-ion systems and expand in the Asia-Pacific region. Additionally, IonQ secured a $22-million deal with EPB in Chattanooga to create a U.S. hub for quantum computing and networking [1]. D-Wave Quantum Inc. (QBTS) raised $400 million in July 2025, boosting liquidity to over $800 million for scaling and strategic M&A, and announced a NASA-partnered cryogenic packaging initiative to enhance processor density [1].

QUBT's stock has seen above-normal call volume with 24,879 calls trading, 3x expected, and implied volatility increasing by over 4 points to 99.93%. The most active options are the weekly 17 and 19 calls, with a total volume of near 4,500 contracts. The Put/Call Ratio is 0.19, and earnings are expected on August 14th [2].

Quantum Computing Inc. (QUBT) is currently trading 25% below its average Zacks price target, with a Zacks Rank #3 (Hold). The company's recent performance and strategic advancements position it as a key player in the quantum computing sector [1].

References:
[1] https://www.nasdaq.com/articles/qubt-rallies-113-amid-quantum-deals-will-momentum-last
[2] https://finance.yahoo.com/news/quantum-computing-qubt-climbs-8-162433499.html