Quantum Computing Unusual Options Activity For December 24 - Quantum Computing (NASDAQ:QUBT)

Core Insights - Investors are showing a bullish sentiment towards Quantum Computing (NASDAQ: QUBT), with significant trading activity observed in options [1][2] - The overall sentiment among large investors is 75% bullish and 25% bearish, indicating strong confidence in the stock [3] Trading Activity - A total of 16 options trades were identified, with 15 calls amounting to $716,206 and 1 put totaling $116,010 [3] - The projected price targets for Quantum Computing range from $10.0 to $23.0 based on recent trading activity [4] Options Volume and Open Interest - The analysis of options volume and open interest reveals investor interest in Quantum Computing's options, particularly within the strike price range of $10.0 to $23.0 over the last 30 days [5][6] Noteworthy Options Activity - Specific options trades include a bullish put sweep with a strike price of $23.00 totaling $116,000 and multiple bullish call sweeps with varying strike prices and total trade prices [10] Company Overview - Quantum Computing Inc specializes in integrated photonics and quantum optics technology, providing affordable quantum machines designed for high-performance computing, artificial intelligence, and cybersecurity [11] Market Status - Recent analyst ratings suggest an average target price of $17.33, with one analyst maintaining a buy rating at $25, while others have adjusted their ratings to neutral with targets of $15 and $12 [13][14] Current Stock Performance - The trading volume for QUBT stands at 7,794,983, with the stock price currently at $11.43, reflecting a decrease of 2.56% [16]