Bearish flow noted in On Holding (ONON) AG with 3,182 puts trading, or 3x expected. Most active are Jan-25 56 puts and Jan-25 54 puts, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 1.67, while ATM IV is up over 4 points on the day. Earnings are expected on March 11th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ONON:
- Piper Sandler Upgrades Nike (NKE) due to Its History of Successful Comebacks
- On Holding price target raised to $67 from $63 at UBS
- On Holding price target raised to $66 from $65 at TD Cowen
- Apple, Tesla downgraded: Wall Street’s top analyst calls
- On Holding price target raised to $70 from $58 at Bernstein