{
  "id": 8807159,
  "title": "IonQ's Options Are the Cheapest They've Been All Year. Here's the Trade That Takes Advantage.",
  "url": "https://urgent.news/2026/09/19/ionqs-options-are-the-cheapest-theyve-been-all-year-heres-the-trade",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-19T15:58:11.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/options/articles/ionqs-options-cheapest-theyve-heres-155811959.html"
  },
  "original_language": "en",
  "account": "IonQ, a quantum computing company with a high beta of 3.30 over the past 60 months, has experienced significant price swings around news, earnings, partnership announcements, and sector sentiment shifts. Currently, the stock is trading at a 0% implied volatility (IV) rank, making its options much cheaper than they have been historically. This presents an opportunity for long put trades, which are bearish options trades that profit when the stock price falls. Long puts have a limited risk profile, as the maximum loss is the premium paid at the start. IonQ's 0% IV rank indicates that its implied volatility is at the lowest it has been in the past year, making long puts a more attractive choice. The November 20, 2026 expiration date is chosen for the long put trade due to the stock's earnings release on that date, which may increase implied volatility and IV rank. Despite the relatively low probability of profit, this strategy benefits from getting the direction right and the potential rise in volatility due to the upcoming earnings release.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}