Options traders are bracing for a sizable post-earnings move in QuantumScape (NASDAQ:QS) shares ahead of the company’s Q2 results.
The solid-state battery developer is set to report after Wednesday’s closing bell, with Benzinga Pro estimates calling for a loss of 18 cents per share.
Benzinga options data implies an approximately 11.38% one-standard-deviation move over the relevant expiration window based on current option prices.
QuantumScape and Honda’s Joint Research Deal
QuantumScape has entered a joint research agreement with Honda focused on solid-state battery technology. The multi-year plan targets battery solutions and manufacturing processes. Honda’s evaluation of QuantumScape’s technology found unique advantages, leading the partners to explore applications beyond automotive uses.
