IONQ Options History — January 2026

In January 2026, IONQ traded between $39.47 and $51.27. ATM implied volatility averaged 87.1%, placing in the 28.8% IV rank vs the trailing year. The 30-day expected move averaged 24.4%. IV traded above realized volatility by 14.3% (HV 20d: 72.8%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.77.

Notable Days

  • 2026-01-20: Highest Volume — 92,208 contracts
  • 2026-01-26: Largest IV spike — 5.9% change
  • 2026-01-28: Highest IV Rank — 41.9%
  • 2026-01-20: Largest Expected Move — 25.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.80$39.47$51.27$46.86$39.47
Max Pain$49.70$45.00$50.00$45.00$49.00
ATM IV87.1%78.7%96.7%78.7%92.0%
Expected Move24.4%22.8%25.5%22.8%24.4%
HV 20d72.8%61.0%90.2%90.2%75.0%
HV 60d87.8%84.9%95.8%95.8%86.7%
IV Rank28.8%17.5%41.9%17.5%36.0%
IV Percentile28.4%11.1%52.0%11.1%46.0%
Term Structure2.5%-3.4%10.5%0.7%-1.5%
VWIV86.4%79.5%91.7%83.4%87.5%
Skew 25d-0.3%-5.8%7.5%-1.9%7.5%
Skew 10d-3.2%-24.2%10.9%1.4%2.9%
Call IV 25d88.1%79.4%96.1%80.0%87.7%
Put IV 25d87.7%78.0%95.2%78.0%95.2%
Bid-Ask Spread %17.568.9030.0130.0116.78
Gamma HHI0.080.060.180.100.13
Net GEX1.7M-4.4M7.6M4.7M-4.3M
Net DEX-188.4M-417.5M144.7M-184.8M144.7M
Net VEX-2.8M-3.0M-2.6M-2.6M-2.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.421.221.221.14
Total Volume56,146.526,62892,20877,86677,671
Total OI512,288.5387,896620,847544,015477,278

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$46.86$45.0078.7%22.8%90.2%17.5%83.4%-1.9%0.7%4.7M-184.8M-2.6M1.2230.01N/AN/A35,07942,787257,586286,429
2026-01-05$48.98$50.0082.3%24.2%80.6%21.7%86.0%-2.0%5.0%2.5M-258.4M-2.8M0.7110.96N/AN/A35,39225,158242,832297,291
2026-01-06$50.49$50.0085.3%24.8%81.0%25.3%87.2%0.2%-0.9%4.3M-323.0M-2.9M0.6516.35N/AN/A17,33311,245254,224310,140
2026-01-07$49.57$50.0083.8%24.3%80.4%23.5%85.9%2.9%1.2%4.0M-293.1M-2.9M0.5313.70N/AN/A18,0309,541256,973313,701
2026-01-08$50.02$50.0084.9%24.3%80.5%24.9%85.9%4.7%10.5%4.6M-313.2M-2.9M0.4225.01N/AN/A27,94411,690260,159316,112
2026-01-09$49.42$50.0084.0%24.0%79.0%23.7%84.9%-1.9%9.6%6.1M-280.1M-2.8M0.7322.16N/AN/A23,86017,469269,460319,225
2026-01-12$50.41$50.0086.5%24.4%79.4%26.6%86.1%-4.1%-2.3%2.8M-301.9M-2.8M0.5519.96N/AN/A25,25513,944242,680309,296
2026-01-13$48.80$50.0085.4%24.3%78.9%26.4%85.4%-0.3%-3.4%1.9M-239.3M-2.8M0.8718.37N/AN/A16,77114,590251,241315,142
2026-01-14$50.48$50.0088.0%25.1%71.1%29.7%88.9%-0.5%-2.9%3.4M-314.0M-2.8M0.5519.07N/AN/A20,81711,376256,661318,701
2026-01-15$47.97$50.0085.3%24.8%68.0%26.4%86.9%-0.4%6.1%483.0K-199.6M-2.7M1.0921.08N/AN/A40,69044,321260,352321,414
2026-01-16$50.95$50.0087.5%25.1%66.5%29.1%89.2%-1.5%0.0%7.6M-417.5M-2.9M0.7718.26N/AN/A47,34136,502271,577349,270
2026-01-20$51.27$50.0089.4%25.5%66.4%32.7%91.7%-1.1%5.1%2.3M-247.1M-2.9M0.4414.68N/AN/A64,06328,145168,731219,165
2026-01-21$47.95$50.0088.9%25.5%68.8%32.0%88.4%2.6%7.3%977.8K-151.7M-2.9M0.6917.97N/AN/A53,99337,118193,296232,167
2026-01-22$49.05$50.0085.2%24.0%61.0%27.3%87.2%-2.6%8.1%1.7M-179.1M-3.0M1.0812.90N/AN/A21,13522,826198,531245,298
2026-01-23$46.98$50.0084.5%23.6%61.1%26.3%83.9%-2.0%7.2%-12.5K-96.4M-2.9M1.148.90N/AN/A25,76729,269204,206258,995
2026-01-26$43.06$50.0089.5%24.1%67.0%32.7%86.8%-5.8%2.2%-2.2M8.1M-2.7M0.4815.09N/AN/A61,89829,611180,462234,878
2026-01-27$45.61$50.0092.0%24.5%65.1%35.9%87.4%-3.9%-0.5%-1.4M-69.9M-2.8M0.5111.81N/AN/A33,66717,214192,808245,557
2026-01-28$45.92$50.0096.7%24.3%65.0%41.9%79.5%2.0%-0.9%-1.1M-90.4M-2.9M0.8122.34N/AN/A14,67411,954201,407250,488
2026-01-29$42.67$50.0091.6%24.2%70.1%35.4%85.2%1.6%-1.2%-4.4M37.9M-2.7M0.9415.82N/AN/A24,16822,622204,974257,063
2026-01-30$39.47$49.0092.0%24.4%75.0%36.0%87.5%7.5%-1.5%-4.3M144.7M-2.6M1.1416.78N/AN/A36,32041,351210,108267,170