Whales with a lot of money to spend have taken a noticeably bullish stance on IonQ.
Looking at options history for IonQ IONQ we detected 32 trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 43% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $432,040 and 27, calls, for a total amount of $1,857,778.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $20.0 to $60.0 for IonQ over the recent three months.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for IonQ's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of IonQ's whale activity within a strike price range from $20.0 to $60.0 in the last 30 days.
IonQ Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
IONQ | CALL | SWEEP | BULLISH | 01/16/26 | $16.7 | $16.45 | $16.7 | $60.00 | $212.1K | 677 | 150 |
IONQ | CALL | TRADE | BEARISH | 02/21/25 | $17.45 | $16.0 | $16.05 | $30.00 | $160.5K | 30 | 103 |
IONQ | CALL | SWEEP | BULLISH | 04/17/25 | $14.45 | $14.3 | $14.45 | $40.00 | $144.5K | 4.0K | 660 |
IONQ | CALL | SWEEP | BULLISH | 01/16/26 | $16.8 | $16.8 | $16.8 | $60.00 | $134.4K | 677 | 282 |
IONQ | CALL | TRADE | BEARISH | 01/31/25 | $14.35 | $12.8 | $12.8 | $37.00 | $128.0K | 18 | 105 |
About IonQ
IonQ Inc sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. The company currently makes access to its quantum computers available via cloud platforms and also to select customers via its own cloud service. This cloud-based approach enables the broad availability of quantum-computing-as-a-service (QCaaS). The company derives its revenue from its quantum-computing-as-a-service arrangements, consulting services related to co-developing algorithms on company's quantum computing systems, and contracts associated with the design, development, and construction of specialized quantum computing systems together with related services.
In light of the recent options history for IonQ, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is IonQ Standing Right Now?
- Trading volume stands at 21,933,609, with IONQ's price up by 21.61%, positioned at $45.92.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 68 days.
What Analysts Are Saying About IonQ
In the last month, 2 experts released ratings on this stock with an average target price of $47.5.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Maintaining their stance, an analyst from Craig-Hallum continues to hold a Buy rating for IonQ, targeting a price of $45. * In a cautious move, an analyst from DA Davidson downgraded its rating to Buy, setting a price target of $50.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for IonQ with Benzinga Pro for real-time alerts.
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