Quantum computing names have spent most of the year on the defensive, but the tone around the group has quickly started to improve as buyers rotate back into select higher-beta growth themes. Several names in the space caught a bid again today after reports that the federal government may provide grants to certain quantum companies in exchange for equity stakes, adding another catalyst to a group that had already begun stabilizing technically. One name standing out from the pack is IonQ Inc. (IONQ), which recently pushed out to fresh six-month highs after clearing through multiple layers of resistance that had capped the stock for months. What really caught our attention, though, was the momentum shift that developed back in early April when the MACD line crossed above its 18-day trigger line, a classic buy signal that often points to strengthening upside momentum and improving trend behavior beneath the surface.

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Given the reputation these quantum names have for sharp swings in both directions, I would approach this setup using an in-the-money call option debit spread rather than chasing outright calls. That structure allows traders to participate if the bullish trend continues developing while also building in a wider margin for error if the stock chops sideways or pulls back temporarily along the way. One spread currently available using live option pricing carries a profit potential of roughly 60.3% if IONQ continues higher, stays relatively flat, or even declines by as much as 10% by expiration. It is a good example of how defined-risk option structures can be used strategically to lean bullish while allowing time premium and positioning to work more in your favor.

The market continues rewarding traders who stay flexible and focus on emerging leadership before it becomes obvious to the crowd. Inside our Optioneering Newsletter, we break down setups like IONQ step-by-step by combining the technical signals readers follow with the actual options strategies we would pair with them, all starting with a first-month trial for just $1. If you are looking for a more structured way to spot actionable trade setups and understand how experienced traders are expressing them, this is one opportunity worth taking seriously. Go ahead and begin your trial period today!

Wishing You the Best in Investing Success,

Blane Markham

Chief Trading Strategist

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