IONQ has been ranging after it recent plunge after JenSen's remarks, this consolidation is good for selling of options, either put or call, while the share price is not going anywhere, one can continue to profit from such situations. This cash secured put$IONQ 20250131 29.0 PUT$ is short and sharp, decern premium as IV on this counter is quite high. For a sub $40 share price the premium received is equivalent to a $100ish share price with average IV.
I closed $IONQ 20250131 29.0 PUT$ ,
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