ONDS Options History — March 2022

In March 2022, ONDS traded between $4.66 and $7.78. ATM implied volatility averaged 106.6%, placing in the 55.5% IV rank vs the trailing year. The 30-day expected move averaged 30.4%. IV traded above realized volatility by 8.5% (HV 20d: 98.2%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 5 of 23 days. Put/call ratio averaged 0.55.

Notable Days

  • 2022-03-22: Highest Volume — 5,824 contracts
  • 2022-03-08: Largest IV drop — 19.9% change
  • 2022-03-07: Highest IV Rank — 100.0%
  • 2022-03-07: Largest Expected Move — 38.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.03$4.66$7.78$5.09$7.34
Max Pain$5.68$5.00$7.50$5.00$7.50
ATM IV106.6%85.9%133.0%109.3%90.2%
Expected Move30.4%25.3%38.1%31.3%25.3%
HV 20d98.2%89.3%107.7%89.3%96.3%
HV 60d88.8%83.9%95.5%84.1%94.2%
IV Rank55.5%18.4%100.0%64.8%25.9%
IV Percentile69.2%18.4%100.0%85.7%32.1%
Term Structure-5.6%-19.5%8.2%-10.9%-1.9%
VWIV112.1%90.5%168.8%109.4%90.5%
Skew 25d-9.1%-37.1%29.9%-15.0%-16.9%
Skew 10d-6.1%-56.6%50.3%-21.2%-26.8%
Call IV 25d120.9%89.5%215.4%124.9%102.6%
Put IV 25d111.8%79.6%178.4%109.8%85.7%
Bid-Ask Spread %32.518.8455.699.0744.12
Gamma HHI0.360.290.430.320.43
Net GEX61.3K30.1K106.2K44.2K104.0K
Net DEX-3.1M-6.6M-724.1K-1.1M-5.6M
Net VEX-14.5K-20.5K-9.4K-10.8K-19.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.122.220.900.47
Total Volume1,750.9576365,8246361,034
Total OI32,763.30417,20042,13438,73121,955

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-03-01$5.09$5.00109.3%31.3%89.3%64.8%109.4%-15.0%-10.9%44.2K-1.1M-10.8K0.909.0733430235,4483,283
2022-03-02$5.55$5.00111.7%32.0%92.0%69.3%129.7%-13.0%-7.1%59.3K-1.9M-13.2K0.1913.021,48528735,5503,241
2022-03-03$5.02$5.00114.5%32.8%92.6%74.6%142.4%-24.6%2.8%46.6K-1.3M-12.0K0.3531.6982928736,5413,323
2022-03-04$4.74$5.00123.3%35.4%93.8%91.6%125.6%-26.3%-5.5%40.3K-996.7K-10.9K0.729.1342130436,7063,324
2022-03-07$4.66$5.00133.0%38.1%92.8%100.0%145.8%-31.7%-4.1%37.5K-724.1K-9.4K0.658.9441727136,8823,373
2022-03-08$4.80$5.00106.5%35.1%92.6%54.1%129.0%-33.3%-7.3%42.9K-1.0M-10.7K0.4334.2664527736,9383,369
2022-03-09$4.96$5.00102.7%34.5%92.6%47.5%122.0%-26.1%-3.5%43.6K-955.8K-9.6K0.798.8439030737,0873,360
2022-03-10$5.39$5.00103.4%33.3%94.4%48.7%124.9%-28.3%-5.4%54.7K-1.6M-11.2K0.4113.7280532737,1793,430
2022-03-11$5.34$5.00103.7%37.2%94.3%49.3%168.8%-37.1%-5.9%30.8K-2.1M-11.0K0.5330.5661332237,6673,448
2022-03-14$5.02$5.00118.9%29.2%97.0%75.6%111.0%29.9%-14.6%48.2K-1.2M-10.6K0.5355.6953928637,6403,448
2022-03-15$5.24$5.00117.0%29.4%98.1%72.3%103.9%17.2%-15.4%30.1K-2.2M-11.0K2.2249.9039788237,8033,449
2022-03-16$5.36$5.00118.3%28.9%96.2%74.6%97.2%5.5%-17.8%30.5K-2.2M-11.4K1.2526.688161,02137,9693,741
2022-03-17$6.15$0.00118.2%30.5%107.7%74.4%106.8%2.1%-14.1%40.9K-3.2M-14.0K0.7042.041,4481,01538,4333,701
2022-03-18$6.51$5.00119.4%29.9%104.5%76.5%108.5%4.1%-16.0%46.5K-3.7M-15.2K0.3441.452,9611,01638,3773,730
2022-03-21$6.60$5.00121.6%29.9%101.3%80.3%104.2%2.8%-19.5%57.4K-3.6M-16.1K0.2142.002,75758715,2401,960
2022-03-22$7.21$5.0099.6%27.7%100.8%42.1%97.4%3.3%-2.4%79.6K-4.9M-18.6K0.1241.305,18064416,7122,086
2022-03-23$6.66$5.0097.5%27.5%102.3%38.5%96.6%1.2%-1.4%75.1K-4.0M-18.6K0.2140.932,42250418,0012,286
2022-03-24$7.40$7.5087.4%26.7%100.5%20.9%92.9%2.9%6.0%97.4K-5.8M-20.5K0.2738.221,47039618,6422,405
2022-03-25$7.02$7.5085.9%25.9%104.0%18.4%91.2%3.0%4.9%89.9K-4.9M-19.2K0.5542.2891250418,7902,522
2022-03-28$7.52$7.5087.1%27.2%105.2%20.4%94.8%8.0%8.2%99.4K-5.9M-20.5K0.2035.971,20424018,6322,618
2022-03-29$7.78$7.5092.7%26.2%105.2%30.1%92.0%-13.4%-1.0%105.6K-6.6M-20.4K0.1645.072,17035418,7522,599
2022-03-30$7.44$7.5091.0%26.5%104.7%27.3%93.2%-24.3%2.3%106.2K-5.8M-19.8K0.4642.8861028019,3772,539
2022-03-31$7.34$7.5090.2%25.3%96.3%25.9%90.5%-16.9%-1.9%104.0K-5.6M-19.1K0.4744.1270433019,3772,578