IONQ Options History — December 2024

In December 2024, IONQ traded between $29.66 and $48.31. ATM implied volatility averaged 121.1%, placing in the 81.4% IV rank vs the trailing year. The 30-day expected move averaged 35.7%. IV traded below realized volatility by 27.1% (HV 20d: 148.2%). Max pain ranged from $12.50 to $22.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.57.

Notable Days

2024-12-20: Highest Volume — 194,752 contracts
2024-12-16: Largest IV spike — 18.8% change
2024-12-18: Highest IV Rank — 100.0%
2024-12-18: Largest Expected Move — 40.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$38.29	$29.66	$48.31	$32.04	$41.85
Max Pain	$15.00	$12.50	$22.50	$20.00	$17.50
ATM IV	121.1%	98.0%	140.2%	118.3%	117.7%
Expected Move	35.7%	31.4%	40.2%	38.1%	33.2%
HV 20d	148.2%	128.3%	162.1%	162.1%	145.6%
HV 60d	134.2%	126.2%	143.2%	126.9%	138.7%
IV Rank	81.4%	58.0%	100.0%	79.4%	76.9%
IV Percentile	94.6%	87.3%	100.0%	96.4%	91.7%
Term Structure	2.8%	-15.6%	36.0%	15.6%	1.4%
VWIV	127.3%	111.9%	143.0%	135.2%	119.0%
Skew 25d	-7.4%	-22.6%	12.3%	-6.2%	-10.7%
Skew 10d	-23.6%	-73.4%	46.0%	-16.2%	-13.8%
Call IV 25d	127.0%	86.2%	157.0%	134.0%	124.4%
Put IV 25d	119.7%	88.9%	139.9%	127.8%	113.7%
Bid-Ask Spread %	9.53	3.30	23.51	20.72	13.86
Gamma HHI	0.12	0.07	0.30	0.11	0.08
Net GEX	3.1M	618.4K	7.2M	1.4M	2.6M
Net DEX	-620.4M	-935.0M	-353.6M	-443.5M	-613.1M
Net VEX	-1.1M	-1.4M	-915.6K	-915.6K	-1.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.57	0.35	0.86	0.78	0.50
Total Volume	80,815.571	36,449	194,752	83,865	36,449
Total OI	433,168.381	375,047	503,895	375,047	421,904

Daily Data (21 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
2024-12-02	$32.04	$20.00	118.3%	38.1%	162.1%	79.4%	135.2%	-6.2%	15.6%	1.4M	-443.5M	-915.6K	0.78	20.72	N/A	N/A	47,008	36,857	207,066	167,981
2024-12-03	$32.38	$20.00	98.0%	35.9%	161.0%	58.0%	129.9%	-4.4%	23.3%	1.5M	-458.1M	-977.9K	0.78	15.07	N/A	N/A	31,555	24,606	227,399	186,875
2024-12-04	$33.33	$22.50	102.6%	34.9%	160.9%	62.9%	123.3%	12.3%	36.0%	2.2M	-494.6M	-986.0K	0.45	23.51	N/A	N/A	28,128	12,727	234,585	196,334
2024-12-05	$36.43	$12.50	112.7%	31.8%	161.1%	73.5%	114.6%	-17.5%	-7.0%	3.8M	-611.8M	-933.5K	0.63	6.82	N/A	N/A	57,277	36,041	235,593	199,066
2024-12-06	$37.83	$12.50	110.3%	32.0%	134.7%	70.9%	113.2%	-3.8%	1.7%	5.3M	-654.6M	-947.1K	0.51	5.70	N/A	N/A	54,694	27,815	236,824	200,561
2024-12-09	$34.42	$12.50	117.5%	31.9%	136.7%	78.6%	114.7%	-4.6%	-8.5%	2.0M	-504.7M	-958.0K	0.60	6.98	N/A	N/A	34,696	20,927	215,833	178,770
2024-12-10	$32.80	$12.50	105.8%	32.4%	136.6%	66.2%	116.8%	-11.0%	15.8%	1.8M	-458.1M	-986.4K	0.60	10.61	N/A	N/A	35,156	21,123	229,949	185,402
2024-12-11	$30.34	$12.50	109.5%	31.6%	139.9%	70.1%	113.4%	-9.1%	1.8%	618.4K	-370.3M	-985.6K	0.86	8.79	N/A	N/A	60,287	51,643	234,532	192,292
2024-12-12	$29.66	$12.50	102.7%	31.4%	128.3%	62.9%	111.9%	2.6%	12.8%	653.1K	-353.6M	-989.6K	0.50	5.06	N/A	N/A	37,391	18,669	244,390	203,716
2024-12-13	$33.81	$12.50	112.1%	32.6%	135.3%	72.8%	114.8%	-8.6%	2.5%	2.8M	-519.8M	-1.0M	0.47	6.20	N/A	N/A	51,152	23,993	248,617	207,108
2024-12-16	$41.09	$12.50	133.2%	38.1%	148.5%	95.1%	135.5%	-8.6%	-5.0%	3.1M	-739.8M	-1.1M	0.35	6.65	N/A	N/A	102,078	35,851	228,063	185,196
2024-12-17	$43.69	$12.50	129.4%	37.2%	137.3%	91.1%	130.8%	-11.9%	-15.6%	4.0M	-858.7M	-1.1M	0.46	6.53	N/A	N/A	64,075	29,562	246,304	201,005
2024-12-18	$37.51	$12.50	140.2%	40.2%	147.3%	100.0%	143.0%	-22.6%	-13.7%	2.8M	-627.3M	-1.2M	0.76	19.46	N/A	N/A	52,801	39,966	257,554	210,806
2024-12-19	$37.69	$12.50	136.7%	39.1%	147.2%	96.4%	139.2%	-14.3%	1.1%	2.9M	-628.8M	-1.2M	0.76	8.02	N/A	N/A	43,261	32,749	269,232	222,811
2024-12-20	$44.69	$15.00	138.9%	39.8%	152.8%	98.7%	141.9%	-7.3%	1.5%	7.2M	-935.0M	-1.2M	0.61	8.09	N/A	N/A	120,868	73,884	274,561	229,334
2024-12-23	$41.92	$15.00	136.2%	39.4%	154.9%	96.0%	140.3%	-18.0%	-1.1%	2.6M	-636.0M	-1.3M	0.52	4.98	N/A	N/A	46,096	23,852	227,018	176,105
2024-12-24	$44.12	$15.00	133.6%	38.1%	154.5%	93.3%	135.1%	-2.9%	-1.6%	4.1M	-733.7M	-1.3M	0.42	9.22	N/A	N/A	38,545	16,342	241,909	180,902
2024-12-26	$48.31	$17.50	130.3%	38.3%	156.3%	89.8%	135.3%	-10.5%	-0.4%	5.1M	-893.7M	-1.3M	0.50	3.30	N/A	N/A	62,495	30,997	245,736	186,148
2024-12-27	$45.31	$17.50	132.0%	37.9%	159.1%	91.6%	133.6%	12.1%	-1.9%	5.9M	-781.3M	-1.4M	0.38	3.60	N/A	N/A	66,434	25,228	255,120	197,411
2024-12-30	$44.85	$17.50	125.5%	36.7%	152.4%	84.9%	131.0%	-9.4%	0.6%	2.8M	-712.8M	-1.4M	0.63	6.95	N/A	N/A	26,939	16,910	226,407	180,117
2024-12-31	$41.85	$17.50	117.7%	33.2%	145.6%	76.9%	119.0%	-10.7%	1.4%	2.6M	-613.1M	-1.3M	0.50	13.86	N/A	N/A	24,262	12,187	235,444	186,460