IONQ Options History — January 2024

In January 2024, IONQ traded between $10.34 and $12.63. ATM implied volatility averaged 77.2%, placing in the 13.2% IV rank vs the trailing year. The 30-day expected move averaged 22.3%. IV traded above realized volatility by 20.6% (HV 20d: 56.6%). Max pain ranged from $11.50 to $12.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.31.

Notable Days

  • 2024-01-22: Highest Volume — 20,359 contracts
  • 2024-01-29: Largest IV spike — 9.2% change
  • 2024-01-04: Highest IV Rank — 24.7%
  • 2024-01-05: Largest Expected Move — 23.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.48$10.34$12.63$12.11$10.34
Max Pain$12.29$11.50$12.50$12.00$11.50
ATM IV77.2%72.4%83.7%81.7%73.3%
Expected Move22.3%21.0%23.7%23.3%21.6%
HV 20d56.6%45.1%64.9%61.4%56.5%
HV 60d71.7%64.5%76.2%76.2%64.5%
IV Rank13.2%2.3%24.7%23.0%2.3%
IV Percentile8.8%1.2%21.8%19.8%2.4%
Term Structure-0.1%-13.7%16.4%4.2%-1.0%
VWIV79.2%74.5%85.1%85.1%76.7%
Skew 25d-2.8%-8.2%1.3%-2.9%-2.5%
Skew 10d-10.3%-34.0%21.7%-14.2%-27.8%
Call IV 25d80.1%75.0%87.4%85.6%76.3%
Put IV 25d77.2%71.3%84.1%82.7%73.8%
Bid-Ask Spread %26.429.4952.5144.8417.30
Gamma HHI0.110.090.140.140.10
Net GEX339.7K131.8K680.0K265.1K131.8K
Net DEX-13.5M-26.9M-4.0M-15.2M-5.1M
Net VEX-283.9K-318.6K-252.3K-299.4K-252.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.310.090.870.230.42
Total Volume8,227.2863,96120,3597,0654,376
Total OI156,183.476113,284182,731162,999127,868

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$12.11$12.0081.7%23.3%61.4%23.0%85.1%-2.9%4.2%265.1K-15.2M-299.4K0.2344.84N/AN/A5,7361,329107,30855,691
2024-01-03$11.93$12.0083.0%23.3%61.2%24.1%77.0%-3.5%1.0%283.8K-13.9M-296.2K0.4421.74N/AN/A6,1742,698110,79456,485
2024-01-04$12.43$12.5083.7%23.7%60.9%24.7%84.2%-3.3%-1.2%415.9K-21.2M-312.7K0.1525.75N/AN/A13,1232,011114,44856,922
2024-01-05$12.00$12.5081.9%23.7%62.0%23.1%83.4%-2.8%-1.0%331.1K-17.5M-307.6K0.2241.76N/AN/A5,2351,143122,69957,104
2024-01-08$12.63$12.5081.6%23.6%64.9%22.9%83.8%-3.1%1.0%636.3K-26.9M-318.6K0.3033.19N/AN/A6,6922,037118,85155,420
2024-01-09$12.43$12.5080.1%23.1%62.5%21.7%81.7%-2.8%0.4%680.0K-24.6M-316.6K0.1626.67N/AN/A4,069632123,10357,014
2024-01-10$12.07$12.5079.5%22.4%61.0%21.1%79.8%-2.6%-1.8%586.1K-19.2M-307.2K0.2228.94N/AN/A10,3512,318124,48857,160
2024-01-11$11.57$12.5077.0%22.2%62.4%19.0%78.8%-2.7%0.9%347.2K-12.3M-291.8K0.4118.01N/AN/A4,5071,841125,20357,183
2024-01-12$11.39$12.5075.8%22.0%59.8%18.0%77.8%-2.3%1.6%177.3K-9.0M-284.3K0.6620.03N/AN/A2,7661,838125,36757,364
2024-01-16$10.95$12.5078.4%22.5%46.8%10.8%81.9%-8.2%-2.6%182.2K-5.1M-264.9K0.2417.85N/AN/A9,0202,179118,48455,221
2024-01-17$10.86$12.5078.7%22.6%45.2%11.1%79.6%1.3%-4.7%217.9K-5.3M-261.9K0.8729.90N/AN/A2,5602,231121,50355,261
2024-01-18$10.68$12.5074.1%21.3%45.1%6.7%75.9%-2.1%-1.5%191.4K-4.0M-253.6K0.289.49N/AN/A6,6381,885122,60254,998
2024-01-19$10.79$12.5073.3%21.2%46.0%6.0%74.5%-5.1%-1.7%162.0K-6.3M-259.0K0.3119.73N/AN/A5,8041,787124,38254,583
2024-01-22$11.71$12.5074.6%22.1%53.9%7.2%80.5%-3.1%0.1%308.5K-17.3M-284.9K0.0923.57N/AN/A18,6771,68273,63139,653
2024-01-23$11.84$12.5072.9%21.5%53.6%5.7%77.6%-2.5%-0.2%592.1K-21.2M-293.0K0.1028.54N/AN/A8,13481982,33040,506
2024-01-24$11.14$12.5073.2%21.6%56.8%5.9%76.7%-2.1%16.4%439.8K-13.2M-276.6K0.2932.89N/AN/A3,06989283,73440,919
2024-01-25$11.27$12.0073.2%22.0%57.3%5.9%78.2%-1.5%-0.7%448.2K-14.2M-277.6K0.1631.17N/AN/A7,7641,22684,33541,357
2024-01-26$11.00$12.0072.4%21.0%57.3%5.1%75.0%-2.9%0.3%177.6K-11.0M-270.1K0.4615.03N/AN/A4,2351,96287,22241,957
2024-01-29$11.16$12.0079.0%21.9%57.9%9.6%79.5%-2.7%-13.7%303.6K-12.4M-271.1K0.2816.02N/AN/A5,2491,46180,01541,103
2024-01-30$10.70$11.5073.1%21.3%56.1%3.9%75.7%-2.2%1.6%255.3K-8.4M-261.9K0.3152.51N/AN/A5,0681,55583,69141,894
2024-01-31$10.34$11.5073.3%21.6%56.5%2.3%76.7%-2.5%-1.0%131.8K-5.1M-252.3K0.4217.30N/AN/A3,0841,29284,67743,191