D-Wave Quantum Inc QBTS 10.68 1.63 18.01%
Expected move
November 06, 2026 close · $10.66| Horizon | Expected move | Typical range | 2 in 3 closes | 9 in 10 closes |
|---|---|---|---|---|
| Next session | ±3.8% ±$0.41 | $10.26 – $11.07 | $10.18 – $11.15 | $9.79 – $11.54 |
| 2 sessions Earnings | ±12.8% ±$1.37 | $9.30 – $12.03 | $8.97 – $12.36 | $7.71 – $13.62 |
| 3 sessions Earnings | ±13.9% ±$1.49 | $9.18 – $12.15 | $8.84 – $12.49 | $7.49 – $13.84 |
| 1 week Earnings | ±15.2% ±$1.62 | $9.05 – $12.28 | $8.66 – $12.67 | $7.26 – $14.07 |
| 2 weeks Earnings | ±17.7% ±$1.89 | $8.78 – $12.55 | $8.34 – $12.99 | $6.69 – $14.64 |
| 3 weeks Earnings | ±19.8% ±$2.11 | $8.56 – $12.77 | $8.06 – $13.27 | $6.23 – $15.10 |
| 1 month Earnings | ±21.9% ±$2.34 | $8.33 – $13.00 | $7.76 – $13.57 | $5.74 – $15.59 |
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% |