IONQ Options History — August 2022

In August 2022, IONQ traded between $5.28 and $8.44. ATM implied volatility averaged 98.9%, placing in the 17.5% IV rank vs the trailing year. The 30-day expected move averaged 27.7%. IV traded below realized volatility by 6.6% (HV 20d: 105.5%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 0.45.

Notable Days

2022-08-16: Highest Volume — 32,428 contracts
2022-08-30: Largest IV drop — 34.5% change
2022-08-16: Highest IV Rank — 31.5%
2022-08-16: Largest Expected Move — 32.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.40	$5.28	$8.44	$5.28	$5.97
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	98.9%	66.9%	113.9%	101.1%	75.9%
Expected Move	27.7%	19.2%	32.7%	29.0%	21.8%
HV 20d	105.5%	66.1%	140.5%	72.1%	138.6%
HV 60d	96.2%	80.6%	104.1%	102.2%	102.4%
IV Rank	17.5%	0.0%	31.5%	17.9%	7.9%
IV Percentile	26.1%	0.0%	54.5%	26.7%	0.5%
Term Structure	-3.7%	-16.9%	50.9%	-15.0%	37.9%
VWIV	100.6%	85.3%	117.5%	102.7%	93.2%
Skew 25d	-2.1%	-34.8%	12.0%	12.0%	-34.8%
Skew 10d	-2.1%	-38.6%	32.3%	20.6%	-38.6%
Call IV 25d	101.8%	84.6%	173.0%	88.9%	173.0%
Put IV 25d	99.7%	87.4%	138.2%	100.9%	138.2%
Bid-Ask Spread %	23.43	8.76	58.91	8.76	37.33
Gamma HHI	0.19	0.11	0.43	0.13	0.11
Net GEX	56.0K	28.2K	173.1K	34.8K	28.2K
Net DEX	-1.9M	-11.8M	50.1K	50.1K	-42.8K
Net VEX	-53.1K	-75.1K	-42.1K	-43.6K	-48.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.45	0.02	2.27	1.90	0.45
Total Volume	3,420.739	885	32,428	1,301	953
Total OI	51,190.609	45,325	63,635	45,325	53,904

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-08-01	$5.28	$5.00	101.1%	29.0%	72.1%	17.9%	102.7%	12.0%	-15.0%	34.8K	50.1K	-43.6K	1.90	8.76	N/A	N/A	449	852	30,834	14,491
2022-08-02	$5.51	$5.00	105.2%	30.2%	72.7%	22.1%	104.6%	11.0%	-16.9%	37.2K	-304.0K	-45.5K	1.11	10.56	N/A	N/A	571	633	30,871	14,582
2022-08-03	$5.87	$5.00	103.3%	29.6%	75.0%	20.2%	111.8%	1.8%	-6.5%	32.4K	-1.0M	-47.8K	0.73	12.08	N/A	N/A	1,222	893	31,008	14,615
2022-08-04	$6.18	$5.00	102.1%	27.1%	71.8%	18.9%	91.8%	1.7%	-3.6%	49.7K	-1.2M	-50.3K	0.46	45.51	N/A	N/A	1,300	593	31,387	14,685
2022-08-05	$6.42	$5.00	96.8%	25.0%	72.4%	13.5%	88.5%	5.5%	-2.8%	54.6K	-1.6M	-50.9K	0.45	42.30	N/A	N/A	1,234	556	31,806	14,640
2022-08-08	$6.14	$5.00	106.0%	26.7%	66.1%	22.9%	85.3%	2.0%	-7.5%	53.2K	-1.4M	-49.7K	0.27	20.48	N/A	N/A	1,988	537	32,129	14,617
2022-08-09	$5.72	$5.00	112.4%	26.1%	70.3%	29.5%	90.4%	4.6%	-0.4%	45.6K	-272.8K	-42.1K	2.27	14.54	N/A	N/A	486	1,101	31,972	14,595
2022-08-10	$6.32	$5.00	82.8%	23.7%	76.3%	0.0%	86.1%	5.3%	2.3%	54.8K	-1.2M	-48.2K	0.08	13.13	N/A	N/A	1,118	94	32,207	15,613
2022-08-11	$6.08	$5.00	94.4%	27.1%	78.5%	11.8%	91.4%	3.2%	-4.3%	54.4K	-1.0M	-49.3K	0.08	21.17	N/A	N/A	1,410	114	32,696	15,622
2022-08-12	$6.23	$5.00	95.1%	27.3%	78.5%	12.5%	90.0%	1.1%	-3.5%	37.7K	-1.4M	-51.0K	0.07	58.91	N/A	N/A	1,625	116	33,023	15,655
2022-08-15	$6.38	$5.00	100.4%	28.8%	78.5%	17.9%	101.7%	4.5%	-8.5%	41.7K	-1.5M	-49.4K	0.04	9.64	N/A	N/A	5,500	209	34,156	15,711
2022-08-16	$8.44	$5.00	113.9%	32.7%	122.1%	31.5%	117.5%	-2.0%	-14.7%	66.5K	-11.8M	-75.1K	0.09	14.76	N/A	N/A	29,854	2,574	38,181	15,798
2022-08-17	$7.89	$5.00	105.8%	30.3%	125.7%	23.3%	112.7%	-5.5%	-15.5%	92.1K	-8.7M	-71.7K	0.26	31.84	N/A	N/A	4,689	1,218	46,040	17,595
2022-08-18	$7.65	$5.00	101.5%	29.1%	127.1%	19.0%	106.2%	-4.0%	-10.1%	173.1K	-5.9M	-68.2K	0.23	25.04	N/A	N/A	1,591	368	43,787	17,146
2022-08-19	$6.62	$5.00	101.2%	29.0%	136.5%	18.7%	108.4%	-9.5%	-10.0%	55.1K	-1.6M	-56.4K	0.54	32.55	N/A	N/A	2,276	1,221	43,718	16,992
2022-08-22	$6.34	$5.00	103.6%	29.7%	138.0%	21.0%	103.4%	-11.1%	-10.3%	45.9K	-395.1K	-52.0K	0.34	14.37	N/A	N/A	1,442	489	33,980	16,212
2022-08-23	$6.46	$5.00	104.8%	30.0%	136.4%	22.3%	106.4%	-4.9%	-8.2%	53.9K	-799.1K	-54.0K	0.06	12.96	N/A	N/A	957	54	34,724	16,278
2022-08-24	$6.58	$5.00	99.7%	28.6%	134.0%	17.2%	102.5%	-11.9%	-8.5%	56.5K	-914.9K	-54.3K	0.02	31.87	N/A	N/A	3,674	85	35,127	16,291
2022-08-25	$6.84	$5.00	102.1%	29.3%	134.2%	19.6%	101.5%	-0.4%	-9.4%	67.9K	-1.4M	-57.0K	0.08	21.09	N/A	N/A	816	69	36,956	16,383
2022-08-26	$6.16	$5.00	97.1%	27.8%	140.5%	14.5%	106.6%	-10.7%	-5.9%	53.1K	-500.4K	-52.3K	0.21	12.45	N/A	N/A	1,054	219	37,266	16,351
2022-08-29	$6.21	$5.00	102.0%	29.3%	140.1%	19.5%	102.2%	-3.0%	-13.5%	53.3K	-721.3K	-52.1K	0.29	20.70	N/A	N/A	967	282	37,542	16,388
2022-08-30	$5.98	$5.00	66.9%	19.2%	140.4%	0.0%	108.3%	-3.1%	50.9%	46.3K	-519.8K	-52.5K	0.37	26.90	N/A	N/A	896	328	37,487	16,323
2022-08-31	$5.97	$5.00	75.9%	21.8%	138.6%	7.9%	93.2%	-34.8%	37.9%	28.2K	-42.8K	-48.4K	0.45	37.33	N/A	N/A	658	295	37,434	16,470