IONQ Options History — October 2025

In October 2025, IONQ traded between $55.17 and $82.77. ATM implied volatility averaged 116.8%, placing in the 62.3% IV rank vs the trailing year. The 30-day expected move averaged 33.3%. IV traded above realized volatility by 16.9% (HV 20d: 99.9%). Max pain ranged from $48.00 to $60.00. Net GEX was positive for 15 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 1.11.

Notable Days

2025-10-23: Highest Volume — 231,924 contracts
2025-10-13: Largest IV spike — 11.9% change
2025-10-13: Highest IV Rank — 80.4%
2025-10-23: Largest Expected Move — 37.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$67.11	$55.17	$82.77	$62.57	$62.23
Max Pain	$57.04	$48.00	$60.00	$60.00	$60.00
ATM IV	116.8%	96.7%	132.1%	96.7%	111.1%
Expected Move	33.3%	27.7%	37.0%	27.7%	32.9%
HV 20d	99.9%	84.5%	112.9%	84.5%	104.8%
HV 60d	82.8%	72.6%	89.8%	72.6%	89.4%
IV Rank	62.3%	39.1%	80.4%	39.1%	55.6%
IV Percentile	66.1%	39.7%	90.5%	39.7%	52.8%
Term Structure	-3.1%	-11.0%	4.0%	-0.8%	-0.5%
VWIV	118.3%	98.9%	129.7%	98.9%	120.7%
Skew 25d	-7.0%	-14.8%	1.8%	-5.4%	1.8%
Skew 10d	-9.4%	-24.5%	1.7%	-10.1%	-3.0%
Call IV 25d	121.4%	102.1%	139.9%	102.1%	107.0%
Put IV 25d	114.4%	96.7%	132.7%	96.7%	108.8%
Bid-Ask Spread %	38.12	22.60	52.80	24.34	38.78
Gamma HHI	0.06	0.03	0.14	0.06	0.14
Net GEX	2.2M	-6.8M	11.3M	-1.9M	9.6M
Net DEX	-852.6M	-1.55B	-206.7M	-687.7M	-714.4M
Net VEX	-3.6M	-3.9M	-3.3M	-3.3M	-3.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.11	0.44	2.19	0.71	0.82
Total Volume	119,142.522	67,997	231,924	80,000	77,606
Total OI	697,241.696	605,639	792,347	654,416	723,097

Daily Data (23 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
2025-10-01	$62.57	$60.00	96.7%	27.7%	84.5%	39.1%	98.9%	-5.4%	-0.8%	-1.9M	-687.7M	-3.3M	0.71	24.34	N/A	N/A	46,786	33,214	289,413	365,003
2025-10-02	$68.77	$60.00	100.8%	28.2%	88.4%	43.8%	102.0%	-6.7%	3.3%	6.2M	-1.06B	-3.4M	0.64	22.60	N/A	N/A	68,391	43,984	299,921	369,924
2025-10-03	$73.11	$60.00	107.7%	30.8%	88.8%	51.9%	115.4%	-12.7%	4.0%	11.3M	-1.34B	-3.4M	0.49	31.91	N/A	N/A	123,163	60,115	310,032	384,279
2025-10-06	$78.39	$48.00	120.1%	33.6%	88.0%	66.3%	118.5%	-11.9%	-6.1%	9.0M	-1.48B	-3.4M	0.88	42.79	N/A	N/A	84,422	73,991	284,075	353,298
2025-10-07	$79.59	$49.00	119.9%	33.9%	87.0%	66.1%	119.5%	-6.9%	-2.1%	8.5M	-1.51B	-3.5M	1.15	42.56	N/A	N/A	65,602	75,630	292,934	385,071
2025-10-08	$73.54	$50.00	119.3%	33.5%	94.8%	65.5%	118.1%	-8.8%	-2.5%	3.2M	-1.16B	-3.6M	2.09	42.60	N/A	N/A	33,304	69,582	301,787	402,317
2025-10-09	$76.91	$50.00	116.9%	32.5%	93.9%	62.7%	116.3%	-7.3%	-1.1%	7.1M	-1.35B	-3.6M	1.49	40.91	N/A	N/A	27,788	41,415	308,036	413,087
2025-10-10	$71.66	$50.00	118.1%	32.9%	86.3%	64.1%	116.3%	-12.7%	-1.9%	-2.1M	-1.03B	-3.6M	1.83	52.80	N/A	N/A	59,650	109,288	317,488	425,631
2025-10-13	$82.77	$50.00	132.1%	36.3%	95.6%	80.4%	127.7%	-0.2%	-6.9%	7.5M	-1.55B	-3.6M	0.89	46.11	N/A	N/A	74,718	66,522	287,380	395,922
2025-10-14	$78.11	$55.00	129.5%	35.6%	98.7%	77.2%	125.1%	-10.0%	-4.7%	5.1M	-1.33B	-3.8M	1.09	45.99	N/A	N/A	38,340	41,974	301,506	424,288
2025-10-15	$72.94	$60.00	127.9%	36.0%	100.6%	75.2%	126.7%	-12.7%	-4.5%	523.8K	-1.02B	-3.8M	1.65	46.51	N/A	N/A	43,750	72,188	308,147	436,230
2025-10-16	$66.27	$60.00	124.5%	33.7%	106.7%	71.3%	120.5%	-3.0%	-5.8%	-4.5M	-658.6M	-3.8M	1.34	42.20	N/A	N/A	61,917	82,927	317,678	445,363
2025-10-17	$62.86	$60.00	114.1%	31.8%	104.8%	59.1%	113.6%	-7.8%	-5.0%	-6.8M	-449.0M	-3.6M	1.33	39.55	N/A	N/A	60,681	80,709	335,576	456,771
2025-10-20	$59.09	$60.00	111.8%	31.8%	106.0%	56.4%	112.9%	-5.3%	-5.0%	-3.6M	-358.5M	-3.5M	1.24	37.27	N/A	N/A	52,255	64,816	259,888	345,751
2025-10-21	$59.05	$60.00	111.4%	31.7%	104.5%	55.9%	114.6%	-4.8%	1.0%	-3.5M	-350.1M	-3.6M	1.23	31.88	N/A	N/A	31,173	38,273	283,449	371,797
2025-10-22	$55.17	$60.00	118.0%	33.8%	106.3%	63.7%	118.8%	-1.0%	-4.1%	-4.9M	-206.7M	-3.6M	0.91	33.08	N/A	N/A	82,724	75,318	293,802	378,244
2025-10-23	$59.04	$60.00	127.5%	37.0%	109.0%	74.8%	129.7%	-7.4%	-11.0%	844.8K	-488.2M	-3.7M	0.70	32.38	N/A	N/A	136,576	95,348	316,455	384,580
2025-10-24	$60.12	$60.00	118.4%	34.4%	108.6%	64.1%	123.6%	-4.4%	-4.7%	1.2M	-543.8M	-3.9M	0.76	33.98	N/A	N/A	69,974	53,108	340,209	413,265
2025-10-27	$62.48	$60.00	117.0%	34.8%	108.8%	62.5%	121.0%	-5.9%	-4.5%	3.2M	-695.7M	-3.8M	0.80	32.01	N/A	N/A	45,762	36,684	282,805	362,657
2025-10-28	$57.58	$60.00	114.6%	34.5%	111.5%	59.7%	120.9%	-14.8%	-7.3%	-389.1K	-431.7M	-3.7M	0.79	37.21	N/A	N/A	54,000	42,657	295,274	374,486
2025-10-29	$60.68	$60.00	117.3%	34.3%	112.9%	62.8%	121.3%	-8.8%	1.5%	2.3M	-598.1M	-3.8M	0.44	49.52	N/A	N/A	47,224	20,773	307,399	386,358
2025-10-30	$60.62	$60.00	111.3%	33.2%	107.0%	55.8%	118.6%	-4.7%	-1.6%	3.0M	-594.6M	-3.8M	2.19	29.77	N/A	N/A	23,814	52,142	315,367	390,519
2025-10-31	$62.23	$60.00	111.1%	32.9%	104.8%	55.6%	120.7%	1.8%	-0.5%	9.6M	-714.4M	-3.7M	0.82	38.78	N/A	N/A	42,542	35,064	314,545	408,552