IONQ Options History — December 2023

In December 2023, IONQ traded between $12.43 and $14.98. ATM implied volatility averaged 79.5%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 23.0%. IV traded above realized volatility by 9.2% (HV 20d: 70.3%). Max pain ranged from $12.00 to $12.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.45.

Notable Days

  • 2023-12-14: Highest Volume — 22,142 contracts
  • 2023-12-04: Largest IV spike — 6.0% change
  • 2023-12-14: Highest IV Rank — 23.5%
  • 2023-12-14: Largest Expected Move — 23.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.57$12.43$14.98$13.59$12.43
Max Pain$12.03$12.00$12.50$12.50$12.00
ATM IV79.5%74.1%82.3%74.1%78.2%
Expected Move23.0%21.7%23.6%22.7%21.7%
HV 20d70.3%62.7%75.0%73.8%72.7%
HV 60d79.6%76.1%82.3%82.3%76.1%
IV Rank21.1%16.6%23.5%16.6%20.0%
IV Percentile15.8%7.1%21.0%7.1%10.7%
Term Structure1.9%-0.9%10.5%2.4%1.6%
VWIV82.2%79.5%84.6%79.8%83.9%
Skew 25d-3.8%-5.8%-1.4%-1.4%-3.9%
Skew 10d-2.0%-26.1%33.7%33.7%-19.5%
Call IV 25d83.7%76.5%86.8%76.5%82.9%
Put IV 25d79.9%75.0%83.8%75.0%79.0%
Bid-Ask Spread %23.398.6643.6040.5722.54
Gamma HHI0.170.120.630.170.15
Net GEX599.1K194.5K2.5M897.3K194.5K
Net DEX-37.7M-65.5M-15.4M-45.7M-15.4M
Net VEX-349.6K-390.7K-310.7K-350.8K-310.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.170.940.170.34
Total Volume9,308.453,12222,1429,13710,313
Total OI166,624.45159,382176,311164,773171,054

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$13.59$12.5074.1%22.7%73.8%16.6%79.8%-1.4%2.4%897.3K-45.7M-350.8K0.1740.57N/AN/A7,8021,335107,84556,928
2023-12-04$13.73$12.0078.5%22.9%73.1%20.3%80.6%-4.3%1.2%704.9K-44.3M-351.1K0.2816.17N/AN/A8,6672,434105,24354,139
2023-12-05$13.02$12.0077.3%22.5%74.7%19.3%80.4%-2.5%0.3%636.2K-34.5M-337.8K0.4611.04N/AN/A4,8832,233108,41755,364
2023-12-06$12.98$12.0078.5%23.0%74.3%20.4%84.2%-4.2%1.6%599.2K-34.6M-342.1K0.4210.93N/AN/A11,6864,851108,93556,520
2023-12-07$13.09$12.0078.7%23.0%74.0%20.5%80.9%-3.9%0.9%532.7K-33.9M-353.4K0.898.66N/AN/A2,5982,310113,20260,222
2023-12-08$13.71$12.0078.6%23.5%75.0%20.4%83.1%-2.9%0.8%409.6K-42.5M-359.1K0.2615.40N/AN/A7,0911,872111,43361,475
2023-12-11$13.05$12.0081.4%23.5%73.8%22.7%82.5%-4.5%0.7%319.5K-29.8M-334.5K0.8718.87N/AN/A5,6324,925102,76558,234
2023-12-12$12.82$12.0078.3%23.1%66.8%20.2%81.3%-4.0%1.8%354.9K-27.3M-328.7K0.4421.49N/AN/A2,4931,102105,00257,881
2023-12-13$13.38$12.0078.4%23.0%62.7%20.2%81.4%-1.5%3.6%445.3K-34.0M-334.6K0.9427.18N/AN/A5,3975,054105,87958,316
2023-12-14$14.71$12.0082.3%23.6%70.5%23.5%84.2%-3.6%1.1%792.1K-59.1M-372.3K0.3020.43N/AN/A17,0375,105107,85559,417
2023-12-15$14.98$12.0081.8%23.4%65.7%23.0%82.9%-5.6%-0.6%2.5M-65.5M-390.7K0.1822.96N/AN/A12,7972,277114,73661,575
2023-12-18$14.63$12.0080.3%23.0%66.1%21.8%83.4%-5.1%1.6%648.0K-49.3M-374.8K0.1843.60N/AN/A8,8611,567105,99054,480
2023-12-19$14.36$12.0080.6%23.1%66.7%22.1%82.7%-4.4%-0.9%687.2K-46.7M-372.8K0.5921.67N/AN/A4,1312,439109,50055,591
2023-12-20$13.50$12.0081.3%23.3%69.1%22.7%84.6%-3.0%10.5%412.1K-32.5M-350.7K0.6430.29N/AN/A5,0543,238109,70857,505
2023-12-21$13.73$12.0080.2%23.0%69.2%21.7%80.8%-3.2%-0.0%342.8K-34.0M-358.0K0.3331.20N/AN/A2,345777110,80059,610
2023-12-22$13.71$12.0080.9%22.7%69.0%22.3%79.5%-2.0%9.6%412.6K-34.0M-355.7K0.6120.25N/AN/A3,9812,417111,55560,106
2023-12-26$13.59$12.0081.0%23.3%68.9%22.4%83.7%-5.8%1.4%378.9K-33.5M-343.0K0.2938.63N/AN/A6,2121,792105,46455,770
2023-12-27$13.25$12.0079.8%22.8%69.8%21.4%81.2%-5.5%1.0%371.9K-29.9M-337.3K0.5523.38N/AN/A4,9942,731108,26757,018
2023-12-28$13.20$12.0079.4%22.9%69.5%21.1%83.1%-4.4%0.2%333.6K-27.4M-333.1K0.2422.60N/AN/A4,6241,112110,10858,580
2023-12-29$12.43$12.0078.2%21.7%72.7%20.0%83.9%-3.9%1.6%194.5K-15.4M-310.7K0.3422.54N/AN/A7,6932,620111,83459,220