On Holding Stock Soars After Another Stellar Quarter

Group 1 - On Holding AG has raised its guidance for the third quarter in a row, reporting better-than-expected earnings and revenue for the third quarter [1] - The stock surged by 24.6%, trading at $43.85, marking a significant recovery from its one-year low of $34.38 on November 7 [1][2] - The company plans to maintain full pricing through the holiday season, indicating no Black Friday sales despite a competitive environment [2] Group 2 - The stock's 14-day Relative Strength Index (RSI) is at 18, indicating it is in "oversold" territory, with a year-to-date decline of 21.9% [3] - Options trading activity has increased significantly, with 62,000 calls and 23,000 puts exchanged, which is nine times the average daily options volume [3] - The most popular options are the weekly 11/14 45-strike call and the 40-strike put, with new positions being opened in both [3]