D-Wave Quantum Inc QBTS 9.05 -1.33 -12.81%
Expected move
November 05, 2026 close · $9.07| Horizon | Expected move | Typical range | 2 in 3 closes | 9 in 10 closes |
|---|---|---|---|---|
| Next session | ±3.4% ±$0.31 | $8.77 – $9.38 | $8.70 – $9.45 | $8.41 – $9.74 |
| 2 sessions | ±4.8% ±$0.44 | $8.64 – $9.51 | $8.55 – $9.60 | $8.15 – $10.00 |
| 3 sessions Earnings | ±13.1% ±$1.19 | $7.89 – $10.26 | $7.61 – $10.54 | $6.53 – $11.62 |
| 1 week Earnings | ±14.2% ±$1.29 | $7.79 – $10.36 | $7.47 – $10.68 | $6.37 – $11.78 |
| 2 weeks Earnings | ±16.4% ±$1.49 | $7.59 – $10.56 | $7.24 – $10.91 | $5.94 – $12.21 |
| 3 weeks Earnings | ±18.2% ±$1.65 | $7.43 – $10.72 | $7.03 – $11.12 | $5.61 – $12.54 |
| 1 month Earnings | ±20.1% ±$1.83 | $7.25 – $10.90 | $6.81 – $11.34 | $5.24 – $12.91 |
Earnings: priced against what happened
Average implied move
±13.63%
Average actual move
17.71%
Beyond the implied move
2 / 5
Median IV change
-10.88%
| Reaction session | Implied | Actual | Used | ATM IV before → after |
|---|---|---|---|---|
| August 06, 2026 | ±9.93% | -9.28% | 0.93× | — |
| May 12, 2026 | ±13.11% | -6.99% | 0.53× | 126.1% → 108.5% |
| August 07, 2025 | ±15.44% | -2.33% | 0.15× | 131.5% → 99.2% |
| May 08, 2025 | ±13.79% | +51.23% | 3.72× | 120.7% → 165.5% |
| March 13, 2025 | ±15.89% | +18.73% | 1.18× | 172.4% → 159.0% |