Bearish flow noted in On Holding AG with 8,201 puts trading, or 2x expected. Most active are 2/2 weekly 27.5 puts and 2/2 weekly 28 calls, with total volume in those strikes near 8,700 contracts. The Put/Call Ratio is 1.50, while ATM IV is up over 1 point on the day. Earnings are expected on March 19th.
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>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ONON:
- Unusually active option classes on open January 25th
- On Holding price target raised to $34 from $33 at Morgan Stanley
- Tiger Woods seems close to announcing TaylorMade partnership, Daily Mail says
- On Holding off highs after saying will not partner with Tiger Woods
- On says Tiger Woods’ new partner ‘not going to be us,’ Reuters reports