IONQ Options History — September 2023

In September 2023, IONQ traded between $13.07 and $19.59. ATM implied volatility averaged 99.8%, placing in the 38.2% IV rank vs the trailing year. The 30-day expected move averaged 28.5%. IV traded above realized volatility by 7.0% (HV 20d: 92.8%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.53.

Notable Days

  • 2023-09-12: Highest Volume — 32,704 contracts
  • 2023-09-05: Largest IV spike — 6.3% change
  • 2023-09-12: Highest IV Rank — 41.8%
  • 2023-09-13: Largest Expected Move — 30.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.51$13.07$19.59$17.57$14.82
Max Pain$14.38$12.50$15.00$15.00$15.00
ATM IV99.8%92.3%104.1%92.3%98.1%
Expected Move28.5%25.1%30.0%25.1%27.9%
HV 20d92.8%83.1%105.4%103.1%90.7%
HV 60d99.1%94.3%103.2%98.6%96.2%
IV Rank38.2%31.9%41.8%31.9%36.8%
IV Percentile49.6%31.7%61.5%31.7%40.9%
Term Structure0.3%-0.6%1.5%0.6%0.5%
VWIV101.6%87.1%106.0%87.1%98.5%
Skew 25d-4.7%-6.4%-2.8%-5.0%-5.1%
Skew 10d-3.8%-34.2%48.1%24.5%-25.8%
Call IV 25d104.6%97.0%110.2%97.0%101.3%
Put IV 25d99.9%92.0%105.1%92.0%96.2%
Bid-Ask Spread %20.065.8337.5136.6531.90
Gamma HHI0.110.060.220.220.07
Net GEX557.6K48.9K1.4M1.4M478.6K
Net DEX-64.8M-118.4M-8.9M-99.7M-48.7M
Net VEX-385.1K-434.3K-324.5K-389.2K-362.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.530.231.160.390.45
Total Volume18,462.38,98432,70410,96222,993
Total OI180,536.45156,714196,978168,073189,877

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$17.57$15.0092.3%25.1%103.1%31.9%87.1%-5.0%0.6%1.4M-99.7M-389.2K0.3936.65N/AN/A7,8853,077110,65357,420
2023-09-05$18.95$12.5098.2%27.9%96.5%36.8%97.9%-6.0%0.3%1.1M-112.9M-400.1K0.8113.52N/AN/A12,88410,419104,00652,708
2023-09-06$19.48$12.5098.7%28.2%96.4%37.3%99.4%-4.6%-0.4%1.0M-118.4M-418.3K0.4310.50N/AN/A13,0535,575107,00161,708
2023-09-07$17.55$12.50101.3%28.9%102.6%39.5%100.9%-5.4%0.0%696.3K-78.7M-411.0K0.6219.51N/AN/A16,2229,990108,68767,464
2023-09-08$19.16$12.50102.1%28.9%105.4%40.2%102.9%-5.7%-0.2%1.2M-116.9M-428.2K0.475.83N/AN/A17,2188,033112,18668,442
2023-09-11$19.59$12.50101.6%29.0%99.8%39.7%101.6%-5.0%-0.1%676.4K-113.0M-427.9K0.497.45N/AN/A7,5473,717106,06869,205
2023-09-12$19.37$15.00104.1%29.8%97.2%41.8%105.5%-6.3%-0.0%690.0K-110.2M-427.6K0.557.19N/AN/A21,07211,632108,49070,514
2023-09-13$18.76$15.00103.5%30.0%98.0%41.3%105.6%-4.5%1.1%253.1K-92.0M-434.3K0.7410.30N/AN/A7,8905,805111,91477,783
2023-09-14$18.05$15.00102.1%29.3%87.9%40.2%102.9%-3.0%0.4%48.9K-76.8M-421.0K0.698.33N/AN/A12,6838,801114,21978,375
2023-09-15$16.95$15.00100.7%29.0%88.3%39.0%104.0%-3.1%0.2%594.4K-47.7M-403.5K1.0313.97N/AN/A10,50610,771115,13980,063
2023-09-18$16.13$15.00100.0%28.6%90.5%38.4%102.0%-5.7%0.8%364.8K-50.8M-385.8K1.1619.09N/AN/A9,35310,837101,20565,191
2023-09-19$15.82$15.0099.7%28.6%89.2%38.1%106.0%-4.7%-0.0%123.9K-42.6M-381.1K0.2627.61N/AN/A11,3902,907105,57072,468
2023-09-20$14.88$15.0096.8%27.8%91.2%35.7%101.1%-4.7%-0.3%140.5K-26.6M-363.0K0.4719.64N/AN/A11,8525,518111,58573,944
2023-09-21$13.66$15.00100.0%28.7%90.3%38.4%105.4%-3.6%0.1%102.0K-10.0M-336.4K0.3317.51N/AN/A15,8895,290115,73075,080
2023-09-22$13.32$15.0097.2%27.9%84.7%36.0%99.9%-5.7%0.6%283.9K-8.9M-332.6K0.4536.86N/AN/A7,9773,601121,76475,214
2023-09-25$13.39$15.0098.9%28.4%84.7%37.4%102.4%-2.8%0.4%292.8K-22.8M-327.5K0.3630.36N/AN/A6,9072,502107,92764,898
2023-09-26$13.07$15.00101.0%29.1%83.1%39.2%104.4%-2.9%-0.6%296.4K-19.8M-324.5K0.3037.51N/AN/A6,9032,081112,19966,046
2023-09-27$14.23$15.00100.7%28.6%85.7%39.0%104.3%-6.4%1.1%626.2K-39.0M-352.2K0.4423.62N/AN/A12,0475,336115,85866,129
2023-09-28$15.41$15.0099.0%28.7%90.0%37.6%100.5%-4.4%1.5%735.4K-61.0M-375.0K0.2323.87N/AN/A17,1223,961119,54168,458
2023-09-29$14.82$15.0098.1%27.9%90.7%36.8%98.5%-5.1%0.5%478.6K-48.7M-362.8K0.4531.90N/AN/A15,8067,187120,00669,871