Decoding On Holding's Options Activity: What's the Big Picture? - On Holding (NYSE:ONON)
Financial giants have made a conspicuous bearish move on On Holding. Our analysis of options history for On Holding (NYSE:ONON) revealed 16 unusual trades.Delving into the details, we found 25% of traders were bullish, while 68% showed bearish tendencies. Out of all the trades we spotted, 14 were puts, with a value of $547,732, and 2 were calls, valued at $79,590.Projected Price TargetsTaking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price ran ...