Shares of Quantumscape Corp. (QS) are soaring in intraday trading, jumping 9.43% as investors react to unusual options activity. The significant uptick in the stock price comes amidst a flurry of bullish options trades, suggesting growing optimism about the company's near-term prospects.

According to market data, Quantumscape experienced a surge in call option volume, with 65,519 calls trading - approximately 1.7 times the expected level. This increased options activity has been accompanied by a rise in implied volatility, which jumped over 3 points to 86.87%. The concentration on call options, which give buyers the right to purchase shares at a predetermined price, indicates that traders are positioning themselves for potential further upside in QS stock.

Quantumscape Corp., known for its development of solid-state lithium-metal batteries for electric vehicles, has been a closely watched stock in the burgeoning EV and clean energy sectors. Today's price surge and the underlying options activity suggest that market participants are anticipating positive developments or news from the company. However, investors should note that while options activity can provide insights into market sentiment, it does not guarantee future stock performance.