IONQ Options History — January 2025

In January 2025, IONQ traded between $27.74 and $51.45. ATM implied volatility averaged 130.0%, placing in the 83.3% IV rank vs the trailing year. The 30-day expected move averaged 35.6%. IV traded below realized volatility by 96.1% (HV 20d: 226.0%). Max pain ranged from $17.50 to $50.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.84.

Notable Days

  • 2025-01-08: Highest Volume — 405,829 contracts
  • 2025-01-08: Largest IV spike — 31.1% change
  • 2025-01-08: Highest IV Rank — 100.0%
  • 2025-01-15: Largest Expected Move — 41.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.83$27.74$51.45$43.25$39.63
Max Pain$36.15$17.50$50.00$17.50$39.00
ATM IV130.0%113.6%148.9%114.9%129.7%
Expected Move35.6%30.7%41.1%32.4%30.8%
HV 20d226.0%145.7%262.5%145.7%239.6%
HV 60d176.1%138.1%188.6%138.1%185.8%
IV Rank83.3%72.6%100.0%74.0%81.8%
IV Percentile94.1%87.7%100.0%89.7%92.1%
Term Structure2.5%-4.7%18.4%2.9%-2.3%
VWIV125.9%108.8%144.7%114.8%109.9%
Skew 25d-3.4%-10.7%12.3%-4.2%-3.4%
Skew 10d-4.5%-60.8%63.1%-26.5%-2.0%
Call IV 25d132.8%119.1%151.3%119.1%132.3%
Put IV 25d129.4%113.3%146.5%114.9%128.9%
Bid-Ask Spread %10.774.1429.6824.3712.26
Gamma HHI0.080.050.200.080.07
Net GEX2.5M360.5K4.8M3.2M3.2M
Net DEX-478.3M-903.9M-147.7M-666.7M-360.0M
Net VEX-1.6M-1.8M-1.2M-1.4M-1.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.491.320.770.67
Total Volume115,284.6537,228405,82963,447128,785
Total OI461,841.5386,196610,550431,229440,044

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$43.25$17.50114.9%32.4%145.7%74.0%114.8%-4.2%2.9%3.2M-666.7M-1.4M0.7724.37N/AN/A35,94227,505241,227190,002
2025-01-03$47.44$17.50116.8%33.5%148.3%75.9%120.3%-8.8%5.3%4.8M-840.1M-1.4M0.4929.68N/AN/A76,71437,874247,681194,457
2025-01-06$51.45$40.00121.4%34.8%147.8%80.7%122.6%-4.9%-0.4%3.5M-903.9M-1.4M0.6311.55N/AN/A50,07931,340228,972187,820
2025-01-07$49.53$40.00113.6%33.2%148.9%72.6%115.8%-6.3%3.3%3.7M-806.9M-1.5M1.0910.48N/AN/A38,10241,380234,066200,064
2025-01-08$29.61$50.00148.9%40.7%237.5%100.0%143.1%-4.7%-2.8%474.6K-147.7M-1.2M1.3211.05N/AN/A174,673231,156237,893215,348
2025-01-10$32.19$40.00130.4%37.3%239.1%82.5%132.1%4.0%0.7%2.8M-285.4M-1.3M0.775.55N/AN/A105,05981,010285,805255,625
2025-01-13$27.74$35.00133.8%37.7%243.4%85.7%133.8%12.3%-2.3%704.3K-152.5M-1.2M0.9410.46N/AN/A64,01960,018254,893225,747
2025-01-14$29.84$35.00136.0%38.2%244.8%87.8%135.2%-6.4%-1.3%1.3M-231.5M-1.3M0.6417.40N/AN/A57,16736,403268,568243,207
2025-01-15$40.02$35.00145.4%41.1%262.5%96.7%144.7%0.9%-3.9%3.5M-666.9M-1.6M0.637.06N/AN/A142,23089,118281,272250,609
2025-01-16$41.83$35.00137.8%39.1%253.6%89.5%138.2%-10.7%2.9%4.0M-747.2M-1.7M0.948.01N/AN/A63,09859,068304,572279,102
2025-01-17$39.41$35.00133.0%38.1%253.4%85.0%133.8%3.5%-1.0%3.0M-616.3M-1.7M0.729.77N/AN/A95,76568,867312,916297,634
2025-01-21$44.54$35.00129.3%37.0%251.0%81.5%130.3%-6.4%12.2%3.3M-557.7M-1.8M0.816.88N/AN/A55,59144,894217,896174,595
2025-01-22$42.10$35.00126.9%36.4%252.0%79.2%128.4%-4.6%15.5%2.5M-465.7M-1.8M1.005.67N/AN/A38,78738,800227,277191,576
2025-01-23$41.08$37.50124.8%34.9%244.5%77.2%123.4%-4.7%14.7%2.5M-424.6M-1.8M0.604.33N/AN/A32,94619,685236,307205,254
2025-01-24$40.91$37.00122.9%33.8%243.5%75.4%120.7%-5.7%18.4%2.4M-422.6M-1.8M0.624.14N/AN/A48,96630,276242,891210,233
2025-01-27$38.98$40.00135.5%35.0%243.2%87.3%124.0%-7.5%-3.6%1.8M-316.5M-1.7M1.115.88N/AN/A34,10037,685210,853175,343
2025-01-28$38.59$40.00135.4%34.0%240.5%87.2%121.6%-0.9%-4.7%1.4M-297.8M-1.7M0.9510.57N/AN/A25,50424,113219,340189,424
2025-01-29$39.94$39.50133.3%32.6%240.2%85.2%116.2%-6.4%-2.9%2.2M-354.9M-1.7M0.858.57N/AN/A20,11917,109227,003198,697
2025-01-30$38.47$40.00129.3%30.7%240.4%81.5%108.8%-2.8%-0.2%360.5K-300.1M-1.7M1.1911.75N/AN/A19,05122,695230,832201,785
2025-01-31$39.63$39.00129.7%30.8%239.6%81.8%109.9%-3.4%-2.3%3.2M-360.0M-1.7M0.6712.26N/AN/A76,99351,792234,099205,945