IonQ (IONQ) Surges 4.83% Amid Quantum Computing Sector Rally: Is This the Dawn of a New Bull Run?

Summary
• IonQ’s stock rockets 4.83% to $40.55, outpacing the 0.99% gain in sector leader IBM.
• Defiance Daily Target 2X Long IONQ ETF (IONX) and GraniteShares 2x Long IONQ Daily ETF (IONL) surge 9.83% and 9.33%, respectively.
• Morgan Stanley’s 7% stake in IonQ and Fed rate-cut hopes fuel quantum computing optimism.
• Intraday range of $38.71–$40.75 highlights volatile yet bullish momentum.
IonQ’s sharp rally reflects a confluence of macroeconomic optimism and sector-specific catalysts. With the Federal Reserve signaling dovish intent and Morgan Stanley’s strategic investment, quantum computing stocks are surging. The leveraged ETFs IONX and IONL amplify this move, signaling strong retail and institutional alignment.

Quantum Computing Sector Rally Ignites IonQ's 4.83% Surge
IonQ’s intraday surge is directly tied to two pivotal catalysts: the Federal Reserve’s dovish signals at Jackson Hole and Morgan Stanley’s $18.4 million stake in the firm. The Fed’s rate-cut expectations have reignited speculative fervor in high-growth sectors like quantum computing, while Morgan Stanley’s investment validates IonQ’s strategic value. Additionally, the company’s recent patent expansion—surpassing 1,000 patents—reinforces its competitive edge, attracting both retail and institutional buyers.

Quantum Computing Sector Gains Momentum as IonQ Outpaces IBM
While IBM (IBM) rose 0.99% on broader market optimism, IonQ’s 4.83% gain underscores its role as a speculative bellwether in quantum computing. The sector’s leveraged ETFs, IONX and IONL, surged 9.83% and 9.33%, respectively, outperforming both IonQ and IBM. This divergence highlights IonQ’s unique positioning as a high-beta play on quantum innovation, contrasting with IBM’s more mature, diversified approach.

Leveraged ETFs and Call Options Lead the Charge in Quantum Computing’s Bull Run
• 200-day average: 34.72 (below current price)
• RSI: 40.83 (oversold)
• MACD: -0.925 (bearish), Signal Line: -0.616 (rising)
• Bollinger Bands: 36.11–44.26 (current price near middle band)
• Defiance Daily Target 2X Long IONQ ETF (IONX) and GraniteShares 2x Long IONQ Daily ETF (IONL) offer amplified exposure to the sector’s momentum.
IonQ’s technicals suggest a short-term bullish setup. The stock is trading near its 200-day average and within the lower half of its 52-week range, indicating potential for a rebound. The oversold RSI and rising MACD signal a possible trend reversal. For options, two contracts stand out:
• IONQ20250905C40: Call option with 40 strike, 72.90% IV, 17.32% leverage ratio, delta 0.57, theta -0.1725, gamma 0.0765, turnover 39,808. High liquidity and moderate delta make this ideal for a 5% upside scenario (target price $42.58), yielding a $2.58 payoff per share.
• IONQ20250905C41.5: Call option with 41.5 strike, 67.64% IV, 27.03% leverage ratio, delta 0.448, theta -0.1505, gamma 0.0831, turnover 11,954. Strong gamma and leverage ratio position this for a breakout above $41.50, with a $1.08 payoff at $42.58.
Aggressive bulls should consider IONQ20250905C40 into a test of the $40.75 intraday high, while IONQ20250905C41.5 offers a high-gamma play for a sustained rally.

Backtest IonQ Stock Performance
The backtest of IONQ's performance after a 5% intraday surge shows favorable results, with win rates and returns indicating positive short-to-medium-term gains. The 3-Day win rate is 52.42%, the 10-Day win rate is 54.04%, and the 30-Day win rate is 53.50%, suggesting that the stock tends to perform well in the immediate aftermath of such an event. The maximum return observed was 18.42% over 30 days, which implies that there is potential for significant price appreciation following the intraday surge.

Quantum Computing’s Quantum Leap: Act Now on IonQ’s High-Reward Setup
IonQ’s 4.83% surge is a high-conviction signal for quantum computing’s near-term potential. With the sector ETFs IONX and IONL surging and key technicals aligning, the stock is primed for a continuation of its rally. Watch for a breakout above $40.75 to confirm bullish momentum, and monitor IBM’s 0.99% gain as a sector health indicator. Aggressive traders should target IONQ20250905C40 for a 5% upside scenario, while conservative bulls may scale into IONQ20250905C41.5 as support holds above $39.64.