IONQ Options History — March 2024

In March 2024, IONQ traded between $9.16 and $10.93. ATM implied volatility averaged 75.1%, placing in the 6.0% IV rank vs the trailing year. The 30-day expected move averaged 21.3%. IV traded below realized volatility by 9.6% (HV 20d: 84.7%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.34.

Notable Days

  • 2024-03-07: Highest Volume — 39,634 contracts
  • 2024-03-07: Largest IV spike — 17.7% change
  • 2024-03-08: Highest IV Rank — 20.4%
  • 2024-03-08: Largest Expected Move — 24.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.73$9.16$10.93$10.59$9.91
Max Pain$11.43$10.00$12.50$10.00$10.00
ATM IV75.1%66.5%87.5%77.1%76.5%
Expected Move21.3%18.8%24.7%21.6%18.8%
HV 20d84.7%73.9%94.9%73.9%79.8%
HV 60d68.4%63.5%72.2%63.5%69.4%
IV Rank6.0%0.0%20.4%6.3%12.7%
IV Percentile8.4%0.0%29.0%9.1%12.7%
Term Structure3.2%-7.8%18.0%-1.2%4.5%
VWIV76.6%67.1%89.8%77.5%67.1%
Skew 25d-2.8%-7.3%4.7%-0.8%-7.3%
Skew 10d6.0%-11.7%90.6%-1.3%90.6%
Call IV 25d77.9%70.8%92.0%77.7%72.8%
Put IV 25d75.2%65.5%86.6%76.9%65.5%
Bid-Ask Spread %45.334.3161.4654.5057.11
Gamma HHI0.140.100.330.120.25
Net GEX358.0K89.5K1.2M261.5K702.7K
Net DEX-4.6M-29.4M5.6M-12.7M-8.8M
Net VEX-309.6K-370.1K-263.0K-301.7K-322.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.340.080.570.430.08
Total Volume16,270.556,35539,63418,62626,887
Total OI185,021.35159,427198,817180,574192,406

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$10.59$10.0077.1%21.6%73.9%6.3%77.5%-0.8%-1.2%261.5K-12.7M-301.7K0.4354.50N/AN/A13,0255,601124,53956,035
2024-03-04$10.04$12.5076.2%22.0%76.4%5.2%77.4%-2.6%8.4%267.8K-5.7M-281.5K0.3736.75N/AN/A17,5236,414109,00250,425
2024-03-05$9.27$12.5074.5%22.4%80.1%2.9%80.8%-2.8%4.0%166.0K1.8M-263.0K0.4827.04N/AN/A13,3306,369116,02953,143
2024-03-06$9.80$12.5072.0%22.2%79.9%0.0%79.7%3.9%4.4%302.8K-4.3M-304.0K0.1727.29N/AN/A10,8601,828120,86657,342
2024-03-07$10.89$12.5084.7%23.7%88.6%16.8%86.6%-5.3%10.8%700.8K-26.3M-356.1K0.1141.63N/AN/A35,7573,877124,06758,202
2024-03-08$10.93$12.5087.5%24.7%87.2%20.4%89.8%-5.6%-0.7%1.2M-29.4M-370.1K0.2444.37N/AN/A28,6816,785134,53159,697
2024-03-11$9.79$12.5084.7%24.2%94.9%16.7%86.2%-3.4%-0.0%301.5K-6.3M-311.4K0.3535.29N/AN/A14,1534,988118,97457,099
2024-03-12$9.86$12.5082.2%23.0%92.8%13.5%83.1%-3.5%-0.0%289.4K-6.2M-318.9K0.4335.02N/AN/A8,8673,816123,95359,470
2024-03-13$9.61$12.5077.1%22.4%85.3%6.7%80.8%-5.1%2.3%201.6K-1.8M-315.0K0.5645.23N/AN/A6,4773,629127,54861,961
2024-03-14$9.18$12.5075.5%22.1%85.4%4.8%78.3%-3.1%1.8%89.5K5.6M-295.4K0.354.31N/AN/A8,3832,958130,03764,680
2024-03-15$9.29$12.5074.3%21.7%85.4%3.1%76.7%-2.4%3.4%159.6K5.1M-301.4K0.5751.18N/AN/A6,3173,581132,44566,372
2024-03-18$9.57$12.5073.0%21.0%86.4%1.3%76.7%-4.7%-0.6%196.1K-1.9M-312.7K0.1345.62N/AN/A14,0501,809113,60061,990
2024-03-19$9.25$10.5071.0%20.4%86.8%0.0%72.2%-2.2%18.0%285.5K1.6M-298.8K0.0957.49N/AN/A17,0441,552121,84063,095
2024-03-20$9.52$10.5070.2%20.1%87.6%0.0%71.0%-1.7%1.4%509.3K-2.8M-313.2K0.1659.71N/AN/A9,4121,531125,95064,074
2024-03-21$9.41$10.0069.7%19.7%86.5%0.0%70.0%-3.8%4.9%482.2K-929.4K-310.5K0.4860.65N/AN/A4,7332,284130,27465,231
2024-03-22$9.46$10.0067.2%19.4%86.0%0.0%72.6%-4.4%-5.7%265.7K-895.5K-312.1K0.5461.35N/AN/A4,1232,232130,66066,309
2024-03-25$9.59$10.0069.5%19.5%83.3%3.0%69.3%0.2%0.5%273.2K-2.2M-308.3K0.3861.46N/AN/A8,7873,330118,79262,800
2024-03-26$9.16$10.0072.6%18.9%83.1%6.9%68.9%4.7%-7.8%204.5K3.5M-291.2K0.4143.66N/AN/A4,8161,956122,57064,606
2024-03-27$9.48$10.0066.5%18.8%84.5%0.0%67.3%-5.5%14.7%313.0K-132.1K-303.6K0.4456.85N/AN/A5,3212,325124,08165,732
2024-03-28$9.91$10.0076.5%18.8%79.8%12.7%67.1%-7.3%4.5%702.7K-8.8M-322.8K0.0857.11N/AN/A24,8672,020125,74766,659