IONQ Options History — July 2023

In July 2023, IONQ traded between $13.25 and $19.05. ATM implied volatility averaged 112.9%, placing in the 49.2% IV rank vs the trailing year. The 30-day expected move averaged 33.5%. IV traded above realized volatility by 17.3% (HV 20d: 95.6%). Max pain ranged from $7.50 to $15.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.37.

Notable Days

  • 2023-07-28: Highest Volume — 36,834 contracts
  • 2023-07-10: Largest IV spike — 10.3% change
  • 2023-07-31: Highest IV Rank — 65.2%
  • 2023-07-31: Largest Expected Move — 41.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.91$13.25$19.05$13.39$19.05
Max Pain$11.07$7.50$15.00$10.00$15.00
ATM IV112.9%96.8%132.0%99.1%132.0%
Expected Move33.5%29.5%41.9%29.5%41.9%
HV 20d95.6%73.8%101.7%96.9%91.7%
HV 60d106.8%104.2%111.2%104.2%111.2%
IV Rank49.2%35.7%65.2%37.6%65.2%
IV Percentile79.4%42.1%96.4%49.2%96.4%
Term Structure-1.4%-7.8%10.4%4.7%-4.9%
VWIV115.8%87.7%148.8%104.6%148.8%
Skew 25d-6.5%-13.3%-2.7%-11.0%-9.0%
Skew 10d-4.1%-34.7%25.1%-29.1%-6.5%
Call IV 25d118.9%104.6%137.8%109.1%137.8%
Put IV 25d112.4%98.1%128.8%98.1%128.8%
Bid-Ask Spread %17.678.6837.7726.7723.98
Gamma HHI0.110.080.190.110.09
Net GEX672.1K429.1K1.0M656.6K724.2K
Net DEX-71.2M-112.5M-48.5M-56.0M-112.5M
Net VEX-266.5K-360.8K-226.8K-226.8K-360.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.141.101.100.33
Total Volume17,560.38,26836,83412,25522,204
Total OI131,658.5113,734145,177121,613137,975

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$13.39$10.0099.1%29.5%96.9%37.6%104.6%-11.0%4.7%656.6K-56.0M-226.8K1.1026.77N/AN/A5,8386,41783,76337,850
2023-07-05$14.14$11.50101.6%30.2%96.3%39.7%107.1%-10.2%-1.1%591.0K-62.2M-235.1K0.3520.61N/AN/A10,7443,72184,59042,485
2023-07-06$13.25$10.00100.5%31.0%100.7%38.8%109.7%-6.2%1.8%540.4K-48.5M-229.9K0.6615.29N/AN/A10,6537,01385,97043,881
2023-07-07$13.27$12.5096.8%30.7%99.1%35.7%87.7%-5.9%-6.3%482.4K-49.8M-229.1K0.2717.39N/AN/A11,3733,07088,96844,487
2023-07-10$13.86$7.50106.8%31.3%93.3%44.1%102.6%-10.1%0.5%512.5K-57.7M-228.4K0.1718.25N/AN/A11,8811,99682,13741,063
2023-07-11$13.91$10.00106.0%32.2%93.0%43.4%103.6%-13.3%3.6%628.0K-59.5M-238.1K0.3315.88N/AN/A11,4043,79385,70442,138
2023-07-12$14.79$7.50111.5%32.7%94.3%48.0%109.2%-5.6%2.6%791.7K-76.4M-249.6K0.508.68N/AN/A15,4517,68890,99344,653
2023-07-13$14.46$7.50116.0%32.6%95.2%51.8%114.7%-4.8%-0.9%951.0K-73.1M-253.8K0.1410.39N/AN/A13,8291,95693,37744,170
2023-07-14$13.59$7.50111.7%32.5%96.1%48.2%114.8%-7.8%10.4%514.1K-59.4M-252.4K0.1712.59N/AN/A18,4503,22898,73244,944
2023-07-17$14.84$7.50111.6%32.2%98.9%48.1%115.5%-5.4%-0.5%695.5K-74.8M-257.0K0.168.79N/AN/A12,9542,13588,13740,833
2023-07-18$15.73$7.50115.1%33.2%98.5%51.0%116.7%-4.1%-3.6%826.3K-88.8M-266.6K0.1410.51N/AN/A16,9462,30290,64341,829
2023-07-19$15.50$7.50123.9%35.5%96.9%58.4%124.1%-2.7%-7.8%861.8K-88.4M-275.7K0.3911.64N/AN/A15,1925,97495,02543,134
2023-07-20$14.93$15.00120.6%34.7%99.0%55.6%122.8%-2.9%-3.5%688.7K-76.6M-277.3K0.4010.66N/AN/A6,1872,47995,29147,549
2023-07-21$14.32$15.00115.0%33.0%101.7%51.0%115.7%-5.5%0.8%429.1K-66.2M-267.1K0.4014.64N/AN/A8,1873,27596,72148,456
2023-07-24$14.43$12.50115.1%34.4%101.1%51.1%118.8%-4.1%-3.9%478.2K-55.1M-269.7K0.6637.77N/AN/A4,9903,27879,37034,364
2023-07-25$15.27$12.50118.5%34.9%97.4%53.9%123.3%-4.6%-4.6%614.3K-66.4M-280.9K0.5725.61N/AN/A7,8784,45682,41937,128
2023-07-26$16.24$15.00117.6%35.2%98.3%53.1%123.3%-6.4%-6.0%731.1K-77.8M-299.0K0.1827.74N/AN/A10,9372,02084,80740,327
2023-07-27$15.36$15.00116.9%34.5%73.8%52.6%120.6%-6.7%-5.4%713.3K-68.3M-299.3K0.1715.91N/AN/A29,5024,97188,30941,655
2023-07-28$17.91$15.00121.6%37.5%90.3%56.5%132.5%-4.1%-3.9%1.0M-106.9M-334.3K0.2820.33N/AN/A28,8647,97095,60343,690
2023-07-31$19.05$15.00132.0%41.9%91.7%65.2%148.8%-9.0%-4.9%724.2K-112.5M-360.8K0.3323.98N/AN/A16,6355,56994,83743,138