QBTS · Wheel
D-Wave Quantum Inc. (QBTS) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- Modelled strike
- $12.50
- Modelled premium
- $0.17
- Cash required
- $1,250.00
- Breakeven
- $12.33
- Downside buffer
- 21.9%
- Period return
- 1.4%
- Annualized return
- 18.1%
- Days to expiration
- 30
Update time unavailable
Loading graph — the exact table is available below.
$7.895Expiration P/L -$443.50Update time unavailable
Event / reference markers
- Spot: $15.79
- Expiry breakeven $12.33: $12.33
- sell put strike $12.50: $12.50
Exact data table
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$443.50 | Update time unavailable | ||
| -$427.71 | Update time unavailable | ||
| -$411.92 | Update time unavailable | ||
| -$396.13 | Update time unavailable | ||
| -$380.34 | Update time unavailable | ||
| -$364.55 | Update time unavailable | ||
| -$348.76 | Update time unavailable | ||
| -$332.97 | Update time unavailable | ||
| -$317.18 | Update time unavailable | ||
| -$301.39 | Update time unavailable | ||
| -$285.60 | Update time unavailable | ||
| -$269.81 | Update time unavailable | ||
| -$254.02 | Update time unavailable | ||
| -$238.23 | Update time unavailable | ||
| -$222.44 | Update time unavailable | ||
| -$206.65 | Update time unavailable | ||
| -$190.86 | Update time unavailable | ||
| -$175.07 | Update time unavailable | ||
| -$159.28 | Update time unavailable | ||
| -$143.49 | Update time unavailable | ||
| -$127.70 | Update time unavailable | ||
| -$111.91 | Update time unavailable | ||
| -$96.12 | Update time unavailable | ||
| -$80.33 | Update time unavailable | ||
| -$64.54 | Update time unavailable | ||
| -$48.75 | Update time unavailable | ||
| -$32.96 | Update time unavailable | ||
| -$17.17 | Update time unavailable | ||
| -$1.38 | Update time unavailable | ||
| $0.00 | Update time unavailable | ||
| $14.41 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Spot reference | Update time unavailable | |
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable | ||
| $17.00 | Update time unavailable |
Black-Scholes from the published at-the-money implied volatility (one expected move out of the money). If assigned you buy 100 shares at the strike, an effective $12.33 per share after premium; the shares can keep falling.
Stage C would sell a $19.00 call for about $0.36, lowering the effective basis further.
Next steps
Data provenance
Figures are from published, reviewed research as of Oct 6, 2026, 4:00 PM EDT. Modelled option premiums use Black-Scholes with the published at-the-money implied volatility and are labelled as modelled, not as live quotes.