This Is What Whales Are Betting On IonQ - IonQ (NYSE: IONQ)

Investors with significant financial resources have recently shown optimism regarding IonQ (NYSE: IONQ).

Individual traders should take note of this development.

We have observed this trend today through the trades reflected in publicly available options history tracked by various platforms.

It remains unclear whether these trades are being executed by institutional investors or affluent personal traders. However, when such considerable actions are recorded with IonQ, it often suggests that someone has insights about impending events.

So, how can we determine the activities of these investors?

Today, our options scanner identified 28 unusual options transactions related to IonQ.

This level of trading activity is uncommon.

The overall sentiment among these high-capital traders appears mixed, with an equal split of 50% leaning bullish and 50% bearish.

Out of the notable options identified, there were 15 put options, totaling $1,020,005, compared to 13 call options, amounting to $980,565.

Expected Price Movements

Analyzing the trading patterns indicates that these major investors are targeting a price range for IonQ that spans from $7.50 to $50.00 over the last three months.

Insights into Volume & Open Interest

Understanding the volume and open interest is crucial in options trading as these metrics provide valuable insights into liquidity and investor interest for IonQ's options at specific strike prices. The following data illustrates the changes in volume and open interest for both call and put options associated with IonQ's significant trades within the $7.50 to $50.00 strike price range for the past 30 days.

IonQ Option Volume And Open Interest Over Last 30 Days

Significant Options Trades Detected:

Symbol	PUT/CALL	Trade Type	Sentiment	Expiration Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
IONQ	CALL	SWEEP	BEARISH	01/17/25	$2.70	$2.45	$2.45	$35.00	$317,000	8,000	1,400
IONQ	PUT	SWEEP	BEARISH	12/20/24	$2.00	$1.99	$2.00	$30.00	$200,000	3,900	1,000
IONQ	PUT	SWEEP	BULLISH	12/13/24	$6.05	$5.00	$5.00	$35.00	$150,000	862	365
IONQ	PUT	SWEEP	BEARISH	12/20/24	$1.04	$1.03	$1.04	$26.00	$116,700	348	1,100
IONQ	PUT	SWEEP	BEARISH	12/20/24	$2.59	$2.26	$2.59	$31.00	$103,600	619	400

About IonQ

IonQ Inc. provides access to several quantum computers with varying qubit capacities and is actively pursuing research and technology development for quantum computers that offer enhanced computational capabilities. The company currently delivers access to its quantum computing resources via popular cloud platforms and provides services directly to select customers through its own cloud service. This approach facilitates the availability of quantum-computing-as-a-service (QCaaS). IonQ generates revenue through its QCaaS offerings, consulting services tailored to co-developing algorithms on its quantum computing systems, and contracts related to the design, development, and construction of specialized quantum computing systems along with associated services.

Current Market Position of IonQ

• Currently, IonQ's stock trades at $29.22, with a volume of 19,916,233 shares and a decrease of -11.37%.
• Stronger RSI readings suggest that the stock may be approaching overbought conditions.
• The next earnings release is anticipated in 77 days.

Unusual Options Activity Detected: Smart Money Is on the Move

Monitoring unusual options activity provides insights into potential market shifts before they occur. Stay informed about what positions larger investors are taking regarding your favorite stocks. Access more information here.

Engaging in options trading comes with increased risks, but it also offers opportunities for higher returns. Informed traders often use strategies to mitigate risks, continually educate themselves, adjust trades strategically, and remain vigilant about market conditions. Stay up to date with the latest options trades for IonQ through real-time alerts.

IonQ, options, trading