IONQ Options History — February 2026

In February 2026, IONQ traded between $30.20 and $41.05. ATM implied volatility averaged 101.4%, placing in the 47.9% IV rank vs the trailing year. The 30-day expected move averaged 28.6%. IV traded below realized volatility by 6.0% (HV 20d: 107.3%). Max pain ranged from $35.00 to $48.00. Net GEX was positive for 3 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 1.41.

Notable Days

  • 2026-02-26: Highest Volume — 199,504 contracts
  • 2026-02-06: Largest IV drop — 21.7% change
  • 2026-02-05: Highest IV Rank — 80.5%
  • 2026-02-05: Largest Expected Move — 32.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.43$30.20$41.05$37.94$38.00
Max Pain$43.08$35.00$48.00$48.00$35.00
ATM IV101.4%88.3%127.0%96.1%89.4%
Expected Move28.6%24.9%32.7%25.0%24.9%
HV 20d107.3%71.1%134.5%73.7%134.5%
HV 60d93.1%84.5%99.9%85.0%99.9%
IV Rank47.9%31.3%80.5%41.2%32.7%
IV Percentile60.3%34.1%92.5%52.4%38.5%
Term Structure-1.2%-10.8%12.8%6.5%0.3%
VWIV101.8%88.8%116.0%88.8%89.4%
Skew 25d4.4%-2.2%9.9%-2.2%6.7%
Skew 10d12.4%-7.5%41.0%-6.1%33.1%
Call IV 25d99.9%85.5%110.8%97.8%85.5%
Put IV 25d104.3%92.2%119.3%95.6%92.2%
Bid-Ask Spread %19.519.9236.7524.1831.87
Gamma HHI0.100.060.290.090.07
Net GEX-1.5M-5.1M3.7M-2.4M78.7K
Net DEX106.7M-258.3M292.4M104.0M-105.1M
Net VEX-2.4M-2.9M-2.1M-2.5M-2.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.410.564.161.411.03
Total Volume68,628.63229,471199,50481,731134,090
Total OI490,249.737419,479578,211419,479578,211

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$37.94$48.0096.1%25.0%73.7%41.2%88.8%-2.2%6.5%-2.4M104.0M-2.5M1.4124.18N/AN/A33,85847,873187,417232,062
2026-02-03$38.12$45.5095.8%25.6%71.1%40.8%92.8%1.4%-6.4%-2.5M121.0M-2.6M1.0127.06N/AN/A22,79323,044197,766249,655
2026-02-04$35.39$45.00111.2%28.5%72.4%60.4%103.9%9.9%-10.8%-2.9M173.0M-2.4M1.6536.75N/AN/A38,17363,089204,467252,312
2026-02-05$30.20$45.00127.0%32.7%88.0%80.5%116.0%8.5%-6.4%-5.1M292.4M-2.1M3.3217.65N/AN/A27,63391,634217,918269,681
2026-02-06$35.79$45.0099.5%29.9%111.5%45.5%107.4%6.9%12.8%-2.5M150.9M-2.5M1.1717.84N/AN/A38,96445,492222,802285,567
2026-02-09$35.31$45.00104.6%29.6%111.5%52.0%101.9%5.1%-2.1%-1.8M127.8M-2.5M0.6416.30N/AN/A20,79213,386202,896273,717
2026-02-10$35.09$45.00103.4%28.6%110.8%50.5%100.5%6.1%-1.7%-1.4M129.6M-2.5M1.0917.84N/AN/A14,08515,386212,427278,478
2026-02-11$33.56$45.00103.3%28.8%111.1%50.4%102.3%7.1%-4.1%-2.0M162.3M-2.4M0.9314.35N/AN/A16,30015,104218,246283,061
2026-02-12$31.09$45.00101.8%29.7%111.0%48.4%104.4%-0.3%1.4%-2.9M208.7M-2.2M1.1815.62N/AN/A16,46319,367224,594285,775
2026-02-13$34.23$45.00102.5%29.0%118.4%49.3%103.1%-0.4%-0.5%-940.6K132.4M-2.4M1.5419.40N/AN/A29,16344,952230,438287,923
2026-02-17$33.42$45.00104.4%29.8%114.8%51.7%104.5%2.9%1.5%-1.2M126.7M-2.3M1.0718.74N/AN/A15,42816,567215,466268,781
2026-02-18$33.49$45.0098.6%28.3%114.7%44.4%100.8%4.4%-1.5%-741.9K127.3M-2.3M1.4721.44N/AN/A17,93426,404221,899268,580
2026-02-19$33.31$45.0098.2%28.2%113.5%43.8%99.5%4.6%-0.7%-1.1M129.4M-2.3M4.1618.13N/AN/A8,79336,567231,005273,004
2026-02-20$31.88$40.00101.2%29.6%112.8%47.7%113.2%5.3%-7.9%-1.9M139.3M-2.2M2.0219.16N/AN/A20,27240,940233,727277,238
2026-02-23$30.80$40.00101.2%29.6%112.6%47.6%103.4%5.5%-1.9%-1.6M131.1M-2.1M0.9812.28N/AN/A18,63118,277205,797252,812
2026-02-24$31.64$40.0099.4%29.8%111.0%45.4%108.0%6.0%-1.7%-985.6K105.5M-2.2M0.7312.85N/AN/A20,96915,364215,119254,709
2026-02-25$33.79$40.0099.8%29.1%111.8%45.8%104.1%1.4%-0.0%258.6K28.6M-2.4M0.889.92N/AN/A40,74135,912226,883258,631
2026-02-26$41.05$35.0088.3%25.9%134.3%31.3%90.2%4.8%0.6%3.7M-258.3M-2.9M0.5619.30N/AN/A127,69871,806246,546269,135
2026-02-27$38.00$35.0089.4%24.9%134.5%32.7%89.4%6.7%0.3%78.7K-105.1M-2.9M1.0331.87N/AN/A66,18667,904271,900306,311