Financial giants have made a conspicuous bullish move on IonQ. Our analysis of options history for IonQ IONQ revealed 40 unusual trades.
Delving into the details, we found 42% of traders were bullish, while 35% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $225,930, and 35 were calls, valued at $4,686,955.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $25.0 and $65.0 for IonQ, spanning the last three months.
Analyzing Volume & Open Interest
In today's trading context, the average open interest for options of IonQ stands at 1094.17, with a total volume reaching 38,651.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in IonQ, situated within the strike price corridor from $25.0 to $65.0, throughout the last 30 days.
IonQ 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| IONQ | CALL | TRADE | BEARISH | 04/17/25 | $8.5 | $8.1 | $8.1 | $65.00 | $810.0K | 678 | 4.2K |
| IONQ | CALL | SWEEP | BULLISH | 01/03/25 | $10.4 | $10.2 | $10.4 | $35.00 | $208.0K | 183 | 1.1K |
| IONQ | CALL | SWEEP | NEUTRAL | 01/03/25 | $10.4 | $10.15 | $10.4 | $35.00 | $208.0K | 183 | 900 |
| IONQ | CALL | SWEEP | BULLISH | 01/03/25 | $10.4 | $10.05 | $10.38 | $35.00 | $207.8K | 183 | 700 |
| IONQ | CALL | SWEEP | NEUTRAL | 01/03/25 | $10.4 | $10.05 | $10.38 | $35.00 | $207.6K | 183 | 300 |
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.
Following our analysis of the options activities associated with IonQ, we pivot to a closer look at the company's own performance.
Present Market Standing of IonQ
- Currently trading with a volume of 11,841,948, the IONQ's price is up by 4.31%, now at $46.5.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 62 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. * An analyst from DA Davidson has revised its rating downward to Buy, adjusting the price target to $50. * An analyst from Craig-Hallum persists with their Buy rating on IonQ, maintaining a target price of $45.
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If you want to stay updated on the latest options trades for IonQ, Benzinga Pro gives you real-time options trades alerts.
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