QNC Bear Put Spread Strategy
QNC (Quantum eMotion Corp.), in the Technology sector, (Semiconductors industry), listed on AMEX.
Quantum eMotion Corp. is a technology enterprise primarily dedicated to the advancement and commercialization of quantum random number generator (QRNG) technology. This firm concentrates its efforts on engineering secure communication tools for critical industries, including finance, banking, defense, mobile networks, and internet telecommunications. The company, which maintains its principal offices in Montreal, Canada, commenced operations on July 19, 2007.
QNC (Quantum eMotion Corp.) trades in the Technology sector, specifically Semiconductors, with a market capitalization of approximately $655.9M, a beta of -2.81 versus the broader market, a 52-week range of 0.115-4.44, average daily share volume of 180K, a public-listing history dating back to 2010, approximately 5 full-time employees. These structural characteristics shape how QNC stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of -2.81 indicates QNC has historically moved less than the broader market, dampening realized volatility and producing tighter expected-move bands per unit of dollar exposure.
What is a bear put spread on QNC?
A bear put spread buys an at-the-money put and sells an out-of-the-money put at a lower strike for defined risk and defined reward bounded by the strike width.
Current QNC snapshot
As of June 29, 2026, spot at $3.05, ATM IV 125.90%, expected move 36.09%. The bear put spread on QNC below is built from the same end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 18-day expiry.
Why this bear put spread structure on QNC specifically: IV rank is unavailable in the current snapshot, so regime-based timing for QNC is inferred from ATM IV at 125.90% alone, with a market-implied 1-standard-deviation move of approximately 36.09% (roughly $1.10 on the underlying). The 18-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated QNC expiries trade a higher absolute premium for lower per-day decay. Position sizing on QNC should anchor to the underlying notional of $3.05 per share and to the trader's directional view on QNC stock.
QNC bear put spread setup
The QNC bear put spread below is built from the end-of-day chain, with each option leg priced at the bid/ask midpoint of its listed strike. With QNC near $3.05, the first option leg uses a $3.05 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed QNC chain at a 18-day expiry; the cross-strike IV skew is reflected directly in the per-leg values rather than approximated. Quantity sizing assumes one contract per option leg (or 100 QNC shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Buy 1 | Put | $3.05 | N/A |
| Sell 1 | Put | $2.90 | N/A |
QNC bear put spread risk and reward
- Net Premium / Debit
- N/A
- Max Profit (per contract)
- Unbounded
- Max Loss (per contract)
- Unbounded
- Breakeven(s)
- None on modeled curve
- Risk / Reward Ratio
- N/A
Max profit equals strike width minus net debit times 100; max loss equals net debit times 100. Breakeven is long-put strike minus net debit.
QNC bear put spread payoff curve
Modeled P&L at expiration across a range of underlying prices for the bear put spread on QNC. Each row is one sampled price point from the computed payoff curve; the full curve uses 200 price points internally before being summarized into 10 rows here.
When traders use bear put spread on QNC
Bear put spreads on QNC reduce the cost of a bearish QNC stock position by selling a lower-strike put; suited to moderate-decline theses where price reaches but does not vastly exceed the short strike.
QNC thesis for this bear put spread
The market-implied 1-standard-deviation range for QNC extends from approximately $1.95 on the downside to $4.15 on the upside. A QNC bear put spread caps both the risk and the reward of a bearish position; relative to an outright long put on QNC, the spread reduces the cost basis but limits the maximum profit to the strike width minus net debit. As a Technology name, QNC options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to QNC-specific events.
QNC bear put spread positions are structurally moderately bearish; the modeled P&L assumes European-style exercise at expiration and ignores early assignment, transaction costs, dividends paid before expiry on the stock leg (when present), and the bid-ask spread on the listed chain. QNC positions also carry Technology sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move QNC alongside the broader basket even when QNC-specific fundamentals are unchanged. Long-premium structures like a bear put spread on QNC are particularly exposed to IV-crush risk through scheduled events (earnings, FDA decisions, central-bank meetings) where IV typically contracts post-event regardless of the directional outcome. Always rebuild the position from current QNC chain quotes before placing a trade.
Frequently asked questions
- What is a bear put spread on QNC?
- A bear put spread on QNC is the bear put spread strategy applied to QNC (stock). The strategy is structurally moderately bearish: A bear put spread buys an at-the-money put and sells an out-of-the-money put at a lower strike for defined risk and defined reward bounded by the strike width. With QNC stock trading near $3.05, the strikes shown on this page are snapped to the nearest listed QNC chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are QNC bear put spread max profit and max loss calculated?
- Max profit equals strike width minus net debit times 100; max loss equals net debit times 100. Breakeven is long-put strike minus net debit. For the QNC bear put spread priced from the end-of-day chain at a 30-day expiry (ATM IV 125.90%), the computed maximum profit is unbounded per contract and the computed maximum loss is unbounded per contract. Live intraday quotes will differ as the chain moves through the trading session.
- What is the breakeven for a QNC bear put spread?
- The breakeven for the QNC bear put spread priced on this page is no defined breakeven on the modeled curve at expiration, derived from end-of-day chain premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The current QNC market-implied 1-standard-deviation expected move is approximately 36.09%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
- When should you consider a bear put spread on QNC?
- Bear put spreads on QNC reduce the cost of a bearish QNC stock position by selling a lower-strike put; suited to moderate-decline theses where price reaches but does not vastly exceed the short strike.
- How does current QNC implied volatility affect this bear put spread?
- Current QNC ATM IV is 125.90%; IV rank context is unavailable in the current snapshot.