IONQ Options History — May 2024

In May 2024, IONQ traded between $8.13 and $9.30. ATM implied volatility averaged 68.4%, placing in the 9.0% IV rank vs the trailing year. The 30-day expected move averaged 19.8%. IV traded above realized volatility by 1.8% (HV 20d: 66.6%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.38.

Notable Days

  • 2024-05-09: Highest Volume — 12,544 contracts
  • 2024-05-09: Largest IV drop — 18.5% change
  • 2024-05-08: Highest IV Rank — 27.3%
  • 2024-05-03: Largest Expected Move — 29.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.71$8.13$9.30$8.82$8.13
Max Pain$10.80$10.00$12.50$10.00$10.00
ATM IV68.4%55.8%88.1%86.0%59.8%
Expected Move19.8%15.8%29.2%28.9%15.8%
HV 20d66.6%58.5%72.2%71.6%58.8%
HV 60d71.7%66.5%74.2%74.2%66.5%
IV Rank9.0%0.0%27.3%24.7%4.5%
IV Percentile10.8%0.0%44.8%36.1%1.6%
Term Structure1.7%-14.5%22.1%-4.3%-5.5%
VWIV71.4%51.3%103.3%101.6%51.3%
Skew 25d-0.2%-3.3%6.6%-2.4%-0.4%
Skew 10d-3.7%-8.8%8.6%-7.0%-2.5%
Call IV 25d69.5%60.1%89.5%89.5%61.3%
Put IV 25d69.3%58.6%87.2%87.2%60.9%
Bid-Ask Spread %45.4514.9463.5541.7260.13
Gamma HHI0.120.090.210.100.11
Net GEX214.8K60.3K418.1K258.4K60.3K
Net DEX3.4M-5.8M12.0M-3.2M12.0M
Net VEX-254.2K-284.1K-215.7K-279.5K-215.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.140.910.270.33
Total Volume6,371.6362,47712,5445,0002,477
Total OI179,718.045169,880196,171176,750182,085

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$8.82$10.0086.0%28.9%71.6%24.7%101.6%-2.4%-4.3%258.4K-3.2M-279.5K0.2741.72N/AN/A3,9341,066112,65464,096
2024-05-02$8.98$10.0086.4%29.0%71.7%25.1%102.6%-3.3%-3.3%291.1K-4.9M-282.9K0.2046.17N/AN/A4,620942113,56964,514
2024-05-03$8.98$10.0085.7%29.2%71.7%24.3%103.3%-1.8%-5.2%322.0K-4.7M-280.3K0.4540.48N/AN/A4,2561,901114,08964,231
2024-05-06$9.23$12.5084.9%22.9%65.0%23.2%81.9%-1.6%1.6%242.3K-5.8M-284.1K0.3325.45N/AN/A4,8691,628109,59761,966
2024-05-07$8.68$12.5083.1%22.8%69.1%21.0%82.5%-1.4%4.3%212.2K86.1K-265.2K0.4214.94N/AN/A3,2801,376111,98162,323
2024-05-08$8.77$12.5088.1%22.9%66.6%27.3%81.2%0.7%-14.5%224.3K-273.0K-262.6K0.3336.06N/AN/A7,5982,494113,05863,099
2024-05-09$9.29$12.5071.8%18.8%68.4%6.7%67.7%6.6%22.1%418.1K-5.0M-276.8K0.2937.39N/AN/A9,7212,823115,58964,098
2024-05-10$8.68$12.5062.9%18.1%72.2%0.0%64.4%-0.1%1.5%159.3K5.2M-246.4K0.5226.03N/AN/A4,1382,148115,25763,673
2024-05-13$8.75$12.5062.1%18.2%67.8%0.0%64.3%3.7%2.2%173.3K3.7M-246.8K0.4539.56N/AN/A5,8782,665108,93060,950
2024-05-14$9.30$12.5068.1%19.3%70.3%7.2%68.0%-1.8%-0.7%345.4K-3.7M-271.4K0.3742.89N/AN/A8,7233,230112,54362,895
2024-05-15$8.98$10.0064.7%19.0%70.7%3.1%67.8%-1.0%2.5%287.3K4.0M-265.7K0.6144.92N/AN/A3,5832,174122,15869,041
2024-05-16$8.73$10.0061.6%18.0%72.0%0.0%64.1%-1.1%3.4%156.0K7.7M-258.6K0.5147.44N/AN/A3,7201,895123,53570,866
2024-05-17$8.75$10.0059.6%17.3%68.6%0.0%62.4%2.9%5.4%104.4K7.8M-257.0K0.4346.17N/AN/A3,0901,341124,37771,794
2024-05-20$8.96$10.0059.4%16.9%64.9%0.0%59.9%-3.2%2.5%134.4K2.3M-262.0K0.4350.21N/AN/A4,5331,971107,88264,984
2024-05-21$8.46$10.0060.6%17.0%66.4%1.4%63.4%0.8%21.1%111.5K7.1M-245.4K0.1463.55N/AN/A9,0011,255110,78465,558
2024-05-22$8.63$10.0055.8%16.0%66.3%0.0%63.0%2.5%19.9%222.2K4.6M-254.6K0.2457.97N/AN/A2,874682114,24266,290
2024-05-23$8.32$10.0060.4%17.2%67.7%5.1%75.5%-1.1%-3.4%160.1K9.7M-230.3K0.4557.47N/AN/A4,0941,862115,19866,304
2024-05-24$8.46$10.0058.9%16.5%58.9%3.5%57.3%-1.5%0.3%340.4K8.4M-240.7K0.2453.54N/AN/A4,2971,036116,38066,970
2024-05-28$8.25$10.0062.0%17.1%59.5%6.9%63.3%0.4%-1.8%108.7K10.4M-221.2K0.1951.47N/AN/A5,6611,101110,84064,949
2024-05-29$8.14$10.0062.0%17.0%58.5%6.9%62.8%-1.0%-4.0%155.7K11.1M-219.0K0.2358.82N/AN/A2,097482114,17265,635
2024-05-30$8.36$10.0061.5%17.4%58.7%6.3%62.6%0.4%-6.4%238.2K8.8M-227.0K0.9157.44N/AN/A1,9201,740114,90665,735
2024-05-31$8.13$10.0059.8%15.8%58.8%4.5%51.3%-0.4%-5.5%60.3K12.0M-215.7K0.3360.13N/AN/A1,856621115,85766,228