IONQ Options History — April 2023

In April 2023, IONQ traded between $5.38 and $7.00. ATM implied volatility averaged 100.5%, placing in the 38.8% IV rank vs the trailing year. The 30-day expected move averaged 28.6%. IV traded above realized volatility by 3.6% (HV 20d: 96.9%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 0.57.

Notable Days

  • 2023-04-04: Highest Volume — 6,138 contracts
  • 2023-04-04: Largest IV spike — 13.5% change
  • 2023-04-10: Highest IV Rank — 47.2%
  • 2023-04-05: Largest Expected Move — 31.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.30$5.38$7.00$6.17$5.47
Max Pain$6.97$5.00$7.50$5.00$7.50
ATM IV100.5%91.9%110.5%91.9%97.0%
Expected Move28.6%26.4%31.3%26.4%27.8%
HV 20d96.9%91.3%102.7%91.3%92.4%
HV 60d83.3%80.9%85.2%80.9%83.1%
IV Rank38.8%31.6%47.2%31.6%35.9%
IV Percentile44.8%30.2%73.0%30.2%34.9%
Term Structure-8.2%-16.6%10.8%10.8%-6.6%
VWIV100.0%80.4%107.9%104.5%97.4%
Skew 25d-1.0%-18.4%10.2%-3.9%4.1%
Skew 10d13.9%-12.2%44.6%26.0%27.6%
Call IV 25d100.1%88.7%113.1%103.5%100.0%
Put IV 25d99.2%78.8%116.0%99.6%104.1%
Bid-Ask Spread %27.0411.1154.9322.1935.01
Gamma HHI0.350.200.590.380.20
Net GEX79.2K29.6K147.7K84.2K29.6K
Net DEX-7.0M-10.2M-2.7M-7.2M-2.9M
Net VEX-38.4K-43.1K-32.7K-37.8K-35.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.062.000.310.43
Total Volume2,017.2114456,1383,205445
Total OI43,156.94731,44349,91442,74335,619

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$6.17$5.0091.9%26.4%91.3%31.6%104.5%-3.9%10.8%84.2K-7.2M-37.8K0.3122.19N/AN/A2,44476132,27010,473
2023-04-04$7.00$5.00104.3%29.9%100.0%42.0%104.6%6.2%-0.5%115.5K-10.2M-42.9K0.2011.11N/AN/A5,0991,03932,04310,441
2023-04-05$6.66$5.00109.2%31.3%102.7%46.1%107.9%10.2%-5.4%102.5K-8.7M-41.0K0.1512.75N/AN/A3,41550232,75910,880
2023-04-06$6.83$5.00101.2%28.8%99.1%39.4%100.6%-10.0%-11.7%122.4K-9.8M-43.1K0.3914.16N/AN/A2,00078134,22210,982
2023-04-10$6.81$7.50110.5%29.8%95.6%47.2%104.3%-18.4%-14.1%123.7K-9.7M-42.7K0.0912.79N/AN/A2,51523834,63511,397
2023-04-11$6.75$7.50107.6%29.6%95.6%44.8%103.7%-5.4%-15.2%120.0K-9.4M-41.9K0.1740.13N/AN/A1,61027734,38411,555
2023-04-12$6.62$7.50108.0%31.0%96.5%45.1%106.6%-10.5%-16.6%112.1K-8.7M-40.4K0.0646.09N/AN/A2,64516134,72711,671
2023-04-13$6.81$7.50100.8%28.9%96.2%39.1%102.1%2.2%-12.0%147.7K-9.7M-41.8K0.4218.27N/AN/A72830935,74411,748
2023-04-14$6.74$7.5099.6%28.5%96.7%38.0%99.9%5.8%-12.1%142.1K-9.3M-41.0K0.1046.38N/AN/A7467435,88411,868
2023-04-17$6.54$7.50100.1%28.7%97.4%38.4%100.1%-3.3%-13.0%55.3K-7.8M-37.7K0.2547.26N/AN/A1,36334035,86711,891
2023-04-18$6.37$7.5097.3%27.9%97.8%36.1%97.1%7.0%-9.1%54.1K-7.2M-36.7K0.2454.93N/AN/A50312236,60412,088
2023-04-19$6.29$7.5097.5%28.0%97.2%36.3%96.1%7.4%-12.3%53.3K-7.0M-36.1K0.9915.21N/AN/A29229036,52612,138
2023-04-20$6.08$7.50101.2%29.0%96.5%39.3%104.8%7.1%-7.4%49.6K-6.8M-36.4K2.0011.48N/AN/A6171,23236,56212,242
2023-04-21$6.21$7.5095.4%27.3%96.4%34.5%94.7%2.2%-6.5%48.8K-6.7M-36.9K0.8622.06N/AN/A53946536,70113,213
2023-04-24$5.86$7.5099.3%28.5%99.6%37.8%97.7%0.8%-3.8%42.0K-3.6M-34.3K0.2116.74N/AN/A1,53332623,5037,940
2023-04-25$5.54$7.5095.3%27.3%101.1%34.4%98.7%-8.4%-7.9%37.2K-2.9M-32.7K1.4513.14N/AN/A1,0141,47524,3708,152
2023-04-26$5.38$7.5096.1%27.6%96.4%35.1%97.8%-13.4%-8.0%31.2K-2.7M-34.7K0.7137.47N/AN/A55639524,8339,339
2023-04-27$5.54$7.5097.6%28.0%92.3%36.4%80.4%2.1%-4.7%33.9K-3.0M-35.6K1.8036.54N/AN/A52794925,1629,549
2023-04-28$5.47$7.5097.0%27.8%92.4%35.9%97.4%4.1%-6.6%29.6K-2.9M-35.3K0.4335.01N/AN/A31113425,45610,163