IONQ Options History — July 2024

In July 2024, IONQ traded between $6.89 and $9.02. ATM implied volatility averaged 76.6%, placing in the 29.9% IV rank vs the trailing year. The 30-day expected move averaged 23.5%. IV traded above realized volatility by 12.5% (HV 20d: 64.0%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.34.

Notable Days

2024-07-10: Highest Volume — 16,202 contracts
2024-07-24: Largest IV spike — 27.2% change
2024-07-31: Highest IV Rank — 56.2%
2024-07-31: Largest Expected Move — 32.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$7.97	$6.89	$9.02	$6.89	$8.23
Max Pain	$7.84	$7.50	$10.00	$10.00	$7.50
ATM IV	76.6%	59.8%	102.4%	70.5%	102.4%
Expected Move	23.5%	16.3%	32.2%	16.9%	32.2%
HV 20d	64.0%	49.3%	80.8%	49.3%	80.8%
HV 60d	60.8%	57.9%	64.5%	59.8%	64.5%
IV Rank	29.9%	12.9%	56.2%	23.7%	56.2%
IV Percentile	34.7%	6.3%	86.9%	15.5%	86.9%
Term Structure	-0.6%	-23.1%	20.1%	7.9%	-23.1%
VWIV	82.8%	58.8%	98.2%	61.2%	96.1%
Skew 25d	-0.1%	-12.9%	13.6%	1.2%	-12.9%
Skew 10d	-1.3%	-26.5%	15.2%	-4.3%	-26.5%
Call IV 25d	81.8%	62.9%	112.7%	64.4%	112.7%
Put IV 25d	81.7%	64.4%	101.1%	65.6%	99.8%
Bid-Ask Spread %	34.57	4.68	54.84	51.40	48.73
Gamma HHI	0.13	0.11	0.26	0.11	0.13
Net GEX	280.0K	129.4K	572.5K	129.4K	266.8K
Net DEX	-4.6M	-16.0M	6.9M	6.9M	-7.3M
Net VEX	-203.1K	-243.8K	-159.8K	-159.8K	-210.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.34	0.16	0.64	0.64	0.33
Total Volume	7,244.955	1,706	16,202	6,945	5,133
Total OI	149,440.182	139,032	161,241	142,599	144,325

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-07-01	$6.89	$10.00	70.5%	16.9%	49.3%	23.7%	61.2%	1.2%	7.9%	129.4K	6.9M	-159.8K	0.64	51.40	N/A	N/A	4,229	2,716	92,652	49,947
2024-07-02	$7.13	$10.00	59.8%	16.7%	49.7%	12.9%	59.1%	2.2%	6.2%	155.7K	5.4M	-166.8K	0.21	50.21	N/A	N/A	3,403	712	93,531	50,536
2024-07-03	$7.16	$10.00	62.1%	16.3%	49.7%	15.2%	58.8%	0.2%	7.9%	166.5K	4.3M	-173.0K	0.26	54.84	N/A	N/A	1,351	355	95,055	51,150
2024-07-05	$7.44	$7.50	63.8%	20.5%	50.6%	16.9%	76.2%	1.0%	-9.8%	244.8K	2.0M	-182.4K	0.32	32.18	N/A	N/A	5,648	1,788	95,645	51,351
2024-07-08	$7.67	$7.50	74.6%	21.8%	51.9%	27.9%	79.4%	-2.1%	-0.2%	205.9K	495.2K	-186.0K	0.16	5.58	N/A	N/A	6,221	1,020	94,919	51,007
2024-07-09	$7.88	$7.50	66.4%	22.2%	52.8%	19.5%	77.4%	8.5%	4.2%	278.9K	-1.7M	-196.0K	0.35	7.80	N/A	N/A	3,773	1,326	98,033	51,552
2024-07-10	$8.38	$7.50	81.8%	22.9%	54.1%	35.2%	82.3%	9.5%	-2.0%	330.9K	-7.8M	-216.2K	0.23	33.37	N/A	N/A	13,183	3,019	99,026	52,010
2024-07-11	$7.99	$7.50	76.5%	22.8%	54.5%	29.8%	81.4%	-0.4%	9.1%	364.8K	-4.8M	-202.4K	0.29	4.68	N/A	N/A	11,684	3,424	103,400	51,356
2024-07-12	$8.41	$7.50	71.1%	22.5%	57.4%	24.3%	80.7%	-10.4%	0.6%	572.5K	-10.3M	-210.0K	0.40	54.04	N/A	N/A	8,875	3,580	103,690	51,415
2024-07-15	$8.98	$7.50	78.5%	22.2%	59.7%	31.9%	79.3%	-3.4%	-1.7%	386.3K	-15.1M	-243.8K	0.20	39.94	N/A	N/A	11,242	2,296	102,795	52,198
2024-07-16	$9.02	$7.50	82.7%	23.6%	59.6%	36.1%	82.8%	-2.5%	-2.6%	428.6K	-16.0M	-240.5K	0.28	6.57	N/A	N/A	4,863	1,367	105,560	53,157
2024-07-17	$8.57	$7.50	83.4%	23.9%	62.9%	36.8%	87.7%	-4.4%	-1.9%	342.6K	-11.3M	-234.4K	0.32	26.80	N/A	N/A	3,228	1,045	104,957	53,734
2024-07-18	$8.23	$7.50	84.2%	24.4%	62.7%	37.6%	86.2%	3.6%	-6.9%	306.7K	-6.6M	-216.4K	0.54	25.61	N/A	N/A	3,638	1,980	105,485	53,823
2024-07-19	$7.45	$7.50	82.2%	24.6%	69.1%	35.6%	89.2%	10.3%	-19.2%	206.1K	2.8M	-186.4K	0.63	41.32	N/A	N/A	4,873	3,071	106,780	54,461
2024-07-22	$8.02	$7.50	76.3%	24.7%	73.2%	29.6%	87.5%	-3.3%	-2.7%	229.2K	-5.1M	-203.8K	0.27	43.20	N/A	N/A	6,698	1,802	91,047	47,985
2024-07-23	$8.34	$7.50	64.4%	24.9%	74.0%	17.5%	87.0%	-12.2%	19.4%	331.4K	-9.4M	-216.0K	0.42	38.99	N/A	N/A	5,153	2,173	94,426	49,309
2024-07-24	$7.71	$7.50	81.9%	25.8%	79.6%	35.3%	92.8%	0.0%	20.1%	231.1K	-2.7M	-200.2K	0.49	35.24	N/A	N/A	3,093	1,501	96,112	50,552
2024-07-25	$7.94	$7.50	80.5%	26.0%	79.9%	33.9%	91.8%	6.1%	2.4%	284.6K	-6.6M	-208.7K	0.19	39.80	N/A	N/A	4,493	851	97,376	51,045
2024-07-26	$8.23	$7.50	72.7%	26.1%	78.4%	25.9%	91.4%	13.6%	-14.7%	267.2K	-10.0M	-217.5K	0.18	48.49	N/A	N/A	4,959	916	98,797	51,393
2024-07-29	$7.96	$7.50	82.3%	27.3%	79.0%	35.7%	95.0%	1.2%	-11.0%	240.4K	-5.0M	-202.5K	0.38	35.15	N/A	N/A	5,052	1,933	93,298	48,552
2024-07-30	$7.79	$7.50	86.3%	28.3%	79.5%	39.8%	98.2%	-8.1%	4.0%	189.2K	-2.8M	-195.0K	0.34	36.66	N/A	N/A	1,289	433	94,539	49,703
2024-07-31	$8.23	$7.50	102.4%	32.2%	80.8%	56.2%	96.1%	-12.9%	-23.1%	266.8K	-7.3M	-210.0K	0.33	48.73	N/A	N/A	3,856	1,277	94,456	49,869