Workflow
Bulls Enjoy Sizable Gains Thanks to Quantum Computing Stock
Quantum puting Quantum puting (US:QUBT) Schaeffers Investment Researchยท2025-09-23 17:48

Core Insights - Quantum Computing Inc (NASDAQ: QUBT) achieved a significant 308% gain following a call recommendation made on September 17, highlighting the potential of quantum computing investments [1]. Group 1: Stock Performance - At the time of the recommendation on September 13, QUBT had surpassed its 50-day moving average and year-to-date breakeven level, indicating a positive trend [2]. - The stock had retraced 38% from its 2025 low and high, and found support at the $14 level, which was previously a resistance point [2]. Group 2: Market Sentiment - Short interest in QUBT had been declining since July, yet 19.5% of the stock's total float was still sold short, suggesting a potential for upward movement [3]. - There was significant call open interest in the options market, which could act as a magnet for the stock price, and the premium was considered cheap based on QUBT's Schaffer's Volatility Index (SVI) being in the 18th percentile of its annual range [3]. Group 3: Recent Developments - Following the recommendation, QUBT initiated a rally with four consecutive gains, including a notable 26.8% increase to a peak of $23.98 after the Federal Reserve cut interest rates, which led to a rotation back into the tech sector [4]. - Subscribers closed their positions after the surge, realizing the 308% gain [4].