Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Today's most notable options signals sit squarely in the quantum computing space. RGTI (Rigetti Computing) carries short interest at nearly 16% of free float. QBTS (D-Wave Quantum) is close behind at 15%. Both names carry active options chains running through July 2026.
The catalyst is clear. Trump's $1 billion quantum computing bet has put IBM in the spotlight. Analyst Dan Ives flagged IBM as a direct beneficiary. IBM has options expiries stretching to August 2026. Short interest on IBM sits at just 2.4% of free float — far less contested than the pure-play names.
RGTI and QBTS are harder to borrow. RGTI's availability stands at just 95% of short interest. QBTS availability is tighter still at 31.5%. That squeeze dynamic makes short-dated options attractive for directional bets.
TSLA drew fresh attention today on a recall of 14,575 Model Y vehicles. Tesla has the densest options expiry calendar of any name reviewed — near-daily expirations through May and June. Short interest is low at 2.75% of free float. The recall headline could drive elevated put volume on today's expiry.
NVDA rounds out the picture. With a $5.4 trillion market cap and SI at just 1.2%, the options market here is driven by calls. NVDA has expiries clustered heavily in June and July — likely tied to AI momentum trades.
The theme across all names: AI and quantum spending headlines are shifting sentiment fast. Watch short-dated options for confirmation.
This is not financial advice.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
