D-Wave Quantum Inc. ($QBTS) has experienced significant activity in its call options market, with notable increases in both put and call volumes throughout the day. Early in the morning, there were 2,281 puts and 13,000 calls, which escalated to 48,000 puts and 163,000 calls by the evening. Observers noted the stock as having the hottest unusual options activity of the morning, with large call option purchases. The stock also achieved a new all-time high (ATH) after recovering from a -99% drop. Robinhood Markets Inc. ($HOOD) also saw substantial options trading, with 33,000 puts and 63,000 calls. A significant block of 2,500 December 2027 $90 calls was sold to open at $19.25, suggesting a longer-term ceiling near $110. Additionally, Robinhood's assets under management have grown to $220.6 billion from $63 billion in 2020, with the company actively engaging with the SEC to streamline processes for tokenized assets. Robinhood's stock rose by 4% following these developments.
Robinhood $HOOD users now have more than $220.6 Billion worth of assets held on Robinhood up from $63B in 2020 https://t.co/jZwjzPCxXt
$QQQ day 17 in sweet spot. https://t.co/7srZAOrPnk
No main headline for Robinhood today other than the post below…they sent a 9 page letter to the SEC hoping to streamline the process for… Tokenized assets! We may be able to trade types of assets on the blockchain sooner than we think. $HOOD +4% https://t.co/zrUnpH3dpY https://t.co/NjGIK1ZQbd