Mixed options sentiment in IONQ with shares up 6.51%

Mixed options sentiment in IONQ (IONQ), with shares up $3.12, or 6.51%, near $51.12. Options volume running well above average with 88k contracts traded and calls leading puts for a put/call ratio of 0.63, compared to a typical level near 0.67. Implied volatility (IV30) dropped 0.63 near 102.43,in the top quartile of the past year, suggesting an expected daily move of $3.30. Put-call skew steepened, indicating increased demand for downside protection.The company will report earnings after the close today. Option markets are pricing in a 50% probability of a move greater than 13.34% or $6.82.