IONQ Options History — February 2024

In February 2024, IONQ traded between $9.84 and $11.70. ATM implied volatility averaged 87.6%, placing in the 19.7% IV rank vs the trailing year. The 30-day expected move averaged 26.3%. IV traded above realized volatility by 24.9% (HV 20d: 62.8%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.25.

Notable Days

  • 2024-02-28: Highest Volume — 39,014 contracts
  • 2024-02-29: Largest IV drop — 28.1% change
  • 2024-02-28: Highest IV Rank — 37.7%
  • 2024-02-28: Largest Expected Move — 34.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.76$9.84$11.70$10.29$10.25
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV87.6%72.3%100.8%72.3%72.5%
Expected Move26.3%20.8%34.8%20.9%21.5%
HV 20d62.8%53.6%73.0%56.5%73.0%
HV 60d63.3%60.2%64.9%64.0%63.1%
IV Rank19.7%0.0%37.7%0.0%0.2%
IV Percentile25.1%0.0%57.5%0.0%0.8%
Term Structure1.1%-26.5%39.6%0.5%8.0%
VWIV93.9%72.8%125.4%74.1%81.1%
Skew 25d1.9%-10.9%28.7%-2.3%-4.3%
Skew 10d0.8%-33.4%41.9%-13.8%-11.1%
Call IV 25d88.5%68.9%107.0%74.7%79.3%
Put IV 25d90.3%72.4%110.8%72.4%75.0%
Bid-Ask Spread %31.205.4662.9362.9333.53
Gamma HHI0.110.090.130.100.13
Net GEX355.5K89.1K637.4K91.0K89.1K
Net DEX-14.9M-28.8M-2.2M-3.9M-6.2M
Net VEX-275.7K-309.8K-232.1K-248.3K-281.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.100.540.400.30
Total Volume13,345.754,40739,0148,30038,903
Total OI140,761.8121,195177,165129,745177,165

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$10.29$10.0072.3%20.9%56.5%0.0%74.1%-2.3%0.5%91.0K-3.9M-248.3K0.4062.93N/AN/A5,9192,38186,03943,706
2024-02-02$10.27$10.0073.6%20.8%53.6%1.2%72.8%-1.0%-0.0%147.9K-5.0M-249.5K0.2014.67N/AN/A4,87598089,00844,378
2024-02-05$9.84$10.0087.3%21.4%54.1%14.8%77.2%-0.4%-26.5%98.5K-2.2M-232.1K0.255.46N/AN/A6,5471,66578,96742,228
2024-02-06$10.43$10.0073.8%21.2%55.2%1.5%75.3%3.0%2.5%194.8K-7.8M-255.6K0.1652.80N/AN/A6,22996781,90542,971
2024-02-07$10.36$10.0087.2%24.1%55.2%14.7%88.7%-2.4%-2.7%256.2K-8.5M-258.8K0.2035.46N/AN/A8,2711,66385,47343,359
2024-02-08$10.84$10.0088.3%24.7%57.8%20.6%87.7%-3.9%-2.5%457.7K-15.3M-276.2K0.1713.71N/AN/A12,3862,15290,35543,725
2024-02-09$11.14$10.0089.8%25.2%57.2%23.1%87.9%-0.9%-2.9%488.8K-20.8M-287.6K0.2314.33N/AN/A8,4451,93694,08044,857
2024-02-12$11.70$10.0095.2%27.0%59.7%30.3%98.8%-3.1%25.6%555.7K-25.3M-302.8K0.1012.03N/AN/A24,4182,45290,65943,366
2024-02-13$10.50$10.0094.7%27.0%70.0%29.6%97.2%-1.2%-5.1%331.6K-12.1M-274.6K0.216.79N/AN/A8,5931,806102,12344,145
2024-02-14$10.84$10.0095.0%27.2%71.0%30.0%97.0%-0.7%-2.7%453.8K-17.0M-284.5K0.297.86N/AN/A5,5841,596104,32045,040
2024-02-15$10.98$10.0094.4%27.3%70.9%29.2%96.7%-10.9%-6.8%491.8K-18.3M-286.6K0.1443.64N/AN/A4,635663105,72245,845
2024-02-16$10.80$10.0092.3%27.7%71.1%26.4%98.2%-3.7%-12.8%333.3K-15.4M-280.0K0.3517.62N/AN/A6,8932,391106,26445,973
2024-02-20$10.59$10.0074.5%28.2%64.4%2.8%100.0%28.7%39.6%306.4K-13.1M-269.3K0.3743.18N/AN/A6,1872,28892,06241,791
2024-02-21$10.66$10.0088.4%28.4%64.3%21.2%99.9%7.8%1.6%345.9K-14.5M-274.5K0.3043.85N/AN/A3,3781,02994,99443,511
2024-02-22$11.00$10.0095.9%27.8%62.0%31.2%98.2%24.2%19.7%456.9K-18.5M-280.9K0.1850.32N/AN/A8,4481,54596,13743,716
2024-02-23$10.61$10.0090.2%27.9%63.0%23.6%98.8%20.5%-6.5%275.2K-14.6M-274.4K0.2349.99N/AN/A6,7371,544100,66044,210
2024-02-26$11.21$10.0092.4%30.6%65.7%26.6%108.8%-4.1%0.3%490.6K-22.0M-286.8K0.2234.24N/AN/A10,1162,20996,45941,757
2024-02-27$11.55$10.0094.4%31.9%66.3%29.3%114.1%-1.5%-3.5%607.7K-28.5M-300.9K0.1740.51N/AN/A18,7923,278101,19842,736
2024-02-28$11.29$10.00100.8%34.8%65.0%37.7%125.4%-6.6%-4.1%637.4K-28.8M-309.8K0.5441.00N/AN/A25,36613,648109,58444,748
2024-02-29$10.25$10.0072.5%21.5%73.0%0.2%81.1%-4.3%8.0%89.1K-6.2M-281.3K0.3033.53N/AN/A29,9698,934121,85155,314