Moderately bullish activity in IONQ with shares up 2.47%

Moderately bullish activity in IONQ (IONQ), with shares up 76c, or 2.47%, near $31.54. Options volume relatively light with 36k contracts traded and calls leading puts for a put/call ratio of 0.72, compared to a typical level near 1.3. Implied volatility (IV30) is higher by 0.0 points near 101.36,and above the 52wk median, suggesting an expected daily move of $2.01. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: IONQ (IONQ) will report earnings after the close on 2026-02-25.Option markets are pricing in a 50% probability of a move greater than 12.75% or $4.02.