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.

Honda Targets Motorcycles and Industrial Equipment

Honda sees potential to deploy solid-state batteries in motorcycles, scooters, and industrial equipment. The platform’s high energy density and fast charging could support products where reliability and efficiency matter. The deal also expands the scope of QuantumScape’s work beyond cars.

QS Stock Price Activity: QuantumScape shares were down 2.40% at $5.91 at the time of publication on Wednesday, according to Benzinga Pro data.

Image: Shutterstock

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.