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Option traders moderately bearish in IONQ (IONQ), with shares down $-0.33 (-1.0%) near $32.56.

Options volume is relatively light, with 20k contracts traded and calls leading puts for a put/call ratio of 0.4, compared to a typical level near 0.58. Implied volatility (IV30) rose 2.89 to 86.2,below the median, suggesting an expected daily move of $1.77. Put-call skew steepened, indicating increased demand for downside protection.

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