Stocks

Market Whales and Their Recent Bets on IONQ Options

Published March 12, 2025

Recently, significant players in the investment market, often called market whales, have taken a bearish position on IonQ (NYSE: IONQ), marking a notable event for investors.

This development is important for retail traders to recognize, as it could indicate forthcoming changes or market movements related to IonQ.

We noted these large transactions through options data that is publicly available. While it’s unclear if these trades were executed by institutional investors or affluent individuals, such considerable shifts in trading patterns often signal that someone may have inside information about upcoming events.

To understand what actions these investors have recently taken, we utilized Benzinga's options scanner. We discovered eight unusual options trades concerning IonQ, which is not typical for this stock.

The sentiment from these major traders appears to lean heavily towards bearish, with a ratio of 0% bullish to 75% bearish. Among the unusual trades found, there were three put options totaling approximately $89,800 and five call options amounting to around $252,312.

Expected Price Movements

Based on the recent volume and open interest concerning these contracts, market observers have identified that whales are focusing on a price range for IonQ between $15.0 and $30.0 over the past three months. This price targeting helps offer insights into the potential movements for the stock.

Insights into Volume & Open Interest

Evaluating the volume and open interest is a critical strategy within options trading. These indicators provide insight into how liquid IonQ's options are and how much interest there is among investors at various strike prices. The following data visualizes the trends in volume and open interest for both calls and puts related to IonQ over the last 30 days.

IonQ Option Volume And Open Interest Over Last 30 Days

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
IONQ CALL TRADE BEARISH 01/15/27 $11.2 $11.15 $11.15 $20.00 $111.5K 1.7K 111
IONQ CALL TRADE BEARISH 01/15/27 $9.35 $8.2 $8.2 $30.00 $40.9K 1.0K 51
IONQ CALL TRADE NEUTRAL 07/18/25 $4.95 $4.6 $4.8 $22.50 $38.4K 609 81
IONQ PUT SWEEP BEARISH 03/21/25 $0.38 $0.31 $0.37 $15.00 $37.1K 2.1K 1.0K
IONQ CALL SWEEP BEARISH 01/16/26 $8.1 $7.5 $7.71 $20.00 $30.8K 1.2K 40

About IonQ

IonQ Inc. provides access to an array of quantum computers, with varying qubit capacities, and continues to develop technologies to enhance quantum computing capabilities. Their approach allows users access through cloud platforms and offers cloud services to select clients. This model provides extensive access to quantum-computing-as-a-service (QCaaS). The company generates revenue through these QCaaS arrangements, as well as from consulting services aimed at co-developing algorithms on their systems and contracts for designing and constructing specialized quantum computing systems.

Where Is IonQ Standing Right Now?

  • The stock is currently trading with a volume of approximately 3,964,827 and has risen by 10.7%, now priced at $20.7.
  • Relative Strength Index (RSI) readings indicate that IonQ may be in an oversold position currently.
  • The upcoming earnings report is expected to be released in 56 days.

What The Experts Say On IonQ

In the past month, two industry analysts have expressed their opinions about IonQ, suggesting an average target price of $49.5.

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An analyst from Needham downgraded IonQ's action to Buy, setting a price target of $54. Meanwhile, another analyst from Benchmark maintained a Buy rating, targeting a price of $45.

It’s crucial to mention that trading options involves higher risks than trading stocks but also presents higher profit potential. Serious options traders often manage this risk by increasing their knowledge regularly, adjusting their trade sizes, and keeping a close watch on multiple market indicators.

For those interested in tracking the latest options trades for IonQ, there are platforms that provide real-time alerts on options trades.

IONQ, Options, Trading