Bearish flow noted in On Holding (ONON) AG with 8,892 puts trading, or 4x expected. Most active are 2/28 weekly 49 puts and 2/28 weekly 47.5 puts, with total volume in those strikes near 5,900 contracts. The Put/Call Ratio is 2.59, while ATM IV is up over 1 point on the day. Earnings are expected on March 4th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ONON:
- On Holding AG: Strong Growth Potential and Strategic Initiatives Justify Buy Rating
- Strategic Brand Management and Market Positioning Drive Buy Rating for On Holding AG
- On Holding AG: Positioned for Growth Amid Competitive Pressures
- On Holding AG: Neutral Rating Due to Full Valuation Despite Brand Momentum
- On Holding cut to Neutral at Goldman Sachs on slower growth, competition
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue