Spotlight on On Holding: Analyzing the Surge in Options Activity

Recently, investors known as "whales" have shown a strong bullish interest in On Holding. Looking into the options trading data for On Holding (NYSE: ONON), we have identified a total of nine trades executed. Among these trades, an impressive 77% were opened with optimistic expectations, while 22% displayed a bearish outlook.

In total, the detected trades included three put options, which accounted for a combined value of $108,371, and six call options worth a total of $564,201.

Expected Price Movements

The data from the recent trading activity suggests that significant investors are targeting a price range for On Holding between $35.00 and $60.00 over the past three months.

Volume & Open Interest Trends

An essential aspect of options trading is understanding the trends in volume and open interest. These indicators reflect the liquidity and interest shown by investors in On Holding's options at particular strike prices. The following section will display changes in volume and open interest for both calls and puts based on major trades from the last 30 days.

On Holding 30-Day Option Volume & Interest Snapshot

Significant Options Trades Detected:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
ONON	CALL	SWEEP	BULLISH	04/17/25	$6.25	$5.80	$6.25	$47.50	$153.1K	884	248
ONON	CALL	SWEEP	BEARISH	04/17/25	$16.90	$16.75	$16.75	$35.00	$105.5K	158	63
ONON	CALL	SWEEP	BULLISH	03/21/25	$0.99	$0.89	$0.99	$60.00	$98.7K	3.0K	265
ONON	CALL	SWEEP	BULLISH	04/17/25	$14.40	$14.40	$14.40	$37.50	$96.4K	255	69
ONON	CALL	SWEEP	BULLISH	03/07/25	$3.05	$3.00	$3.05	$52.00	$57.9K	0	0

About On Holding

On Holding AG is a prestigious performance sports brand known for its innovative technology and stylish design. Its array of shoes, clothing, and accessories is primarily designed for athletic, casual, or leisure use. Notably, On Holding does not produce these items or their raw materials, but instead collaborates with third-party suppliers and manufacturers. The company earns the bulk of its revenue from the Americas, with additional income from Europe, the Middle East, Africa, and Asia-Pacific.

Having explored the options trading activity surrounding On Holding, we can now shift our focus to the company's current market position and performance.

Current Position of On Holding

• The stock is currently trading with a volume of 4,547,354, reflecting a change of -5.41%, positioning its price at $51.05.
• Relative Strength Index (RSI) readings indicate that the stock is maintaining a neutral state, balancing between overbought and oversold conditions.
• Earnings reports are anticipated in 20 days.

Professional Analyst Ratings for On Holding

In the past month, five market analysts have shared their perspectives regarding On Holding, assigning an average price target of $64.20.

Potential for High Returns

A seasoned options trader, with 20 years of experience, shares a method for turning $1,000 into $1,270 in just 20 days, claiming to achieve an average profit of 27% every 20 days. Interested traders can learn more about this trading technique.

Following recent industry movements, a participating analyst from Goldman Sachs has downgraded ONON to a Neutral rating with a target price of $57. Meanwhile, analysts from Needham, Telsey Advisory Group, Morgan Stanley, and KeyBanc have provided target prices of $64, $67, $65, and $68, respectively, maintaining their positive stances on the stock.

Engaging in options trading involves elevated risks but also presents the opportunity for significant profits. Thoughtful traders often reduce these risks through ongoing education, modifying their strategies, using various indicators, and remaining aware of market changes. For real-time updates on options trading for On Holding, stay connected.

OnHolding, Stock, Options