On Holding's Options Frenzy: What You Need to Know

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Whales with a lot of money to spend have taken a noticeably bullish stance on On Holding.

Looking at options history for On Holding ONON we detected 8 trades.

If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 37% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $256,618 and 3, calls, for a total amount of $155,809.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $37.5 to $57.0 for On Holding over the recent three months.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for On Holding's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across On Holding's significant trades, within a strike price range of $37.5 to $57.0, over the past month.

On Holding Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ONON PUT SWEEP BULLISH 04/17/25 $6.0 $5.95 $6.0 $52.50 $74.4K 1.1K 0
ONON PUT SWEEP BEARISH 07/18/25 $6.25 $6.15 $6.25 $50.00 $73.1K 1.1K 59
ONON CALL TRADE BULLISH 01/16/26 $6.25 $5.95 $6.25 $55.00 $61.2K 4.3K 0
ONON CALL SWEEP NEUTRAL 12/18/26 $12.3 $11.65 $11.65 $52.50 $48.9K 126 0
ONON CALL SWEEP BULLISH 03/07/25 $1.31 $1.21 $1.25 $54.00 $45.6K 555 1

About On Holding

On Holding AG is a premium performance sports brand rooted in technology, design, and impact. Its shoes, apparel, and accessories products are designed predominantly for athletic use, casual, or leisure purposes. It does not manufacture the products or the raw materials and relies instead on third-party suppliers and contract manufacturers. Geographically, it derives a majority of its revenue from the Americas and rest from Europe, Middle East and Africa, and Asia-Pacific region.

After a thorough review of the options trading surrounding On Holding, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Current Position of On Holding

  • With a trading volume of 2,062,716, the price of ONON is up by 0.35%, reaching $48.61.
  • Current RSI values indicate that the stock is may be oversold.
  • Next earnings report is scheduled for 8 days from now.

Expert Opinions on On Holding

Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $57.0.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from Goldman Sachs downgraded its action to Neutral with a price target of $57.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest On Holding options trades with real-time alerts from Benzinga Pro.

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ONONOn Holding AG
$46.783.56%

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Momentum87.99
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