ONDS Options History — May 2022

In May 2022, ONDS traded between $5.19 and $8.15. ATM implied volatility averaged 101.6%, placing in the 51.1% IV rank vs the trailing year. The 30-day expected move averaged 28.2%. IV traded below realized volatility by 0.8% (HV 20d: 102.4%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.30.

Notable Days

  • 2022-05-11: Highest Volume — 4,032 contracts
  • 2022-05-11: Largest IV drop — 21.6% change
  • 2022-05-09: Highest IV Rank — 91.7%
  • 2022-05-04: Largest Expected Move — 30.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.83$5.19$8.15$8.03$7.06
Max Pain$6.79$5.00$7.50$7.50$7.50
ATM IV101.6%88.2%127.6%102.9%89.6%
Expected Move28.2%25.3%30.8%29.5%25.7%
HV 20d102.4%74.0%116.7%74.0%109.6%
HV 60d96.0%86.7%102.8%87.3%93.8%
IV Rank51.1%30.2%91.7%53.1%32.5%
IV Percentile60.5%20.8%98.9%70.5%27.1%
Term Structure-6.6%-13.8%-1.0%-7.8%-2.0%
VWIV98.4%84.8%114.7%103.9%84.8%
Skew 25d6.2%-19.1%21.1%10.2%-3.1%
Skew 10d22.0%-29.1%61.5%49.9%2.8%
Call IV 25d97.2%72.7%111.1%105.7%72.7%
Put IV 25d103.3%69.6%130.3%115.9%69.6%
Bid-Ask Spread %50.6913.0171.9936.3066.24
Gamma HHI0.410.350.500.380.46
Net GEX70.3K32.2K108.5K102.1K78.4K
Net DEX-3.5M-6.1M-1.0M-5.9M-3.8M
Net VEX-15.1K-19.3K-10.2K-19.3K-14.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.300.080.750.370.75
Total Volume1,383.9055154,0327511,707
Total OI21,497.52419,39224,30820,11220,218

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-05-02$8.03$7.50102.9%29.5%74.0%53.1%103.9%10.2%-7.8%102.1K-5.9M-19.3K0.3736.3054720417,9782,134
2022-05-03$8.15$7.50105.3%30.2%74.1%56.9%101.6%16.2%-11.3%105.1K-6.1M-19.1K0.1513.011,12717417,8952,135
2022-05-04$8.07$7.50107.4%30.8%74.2%60.2%104.6%17.4%-12.3%108.5K-6.0M-19.2K0.4942.0834517018,3442,150
2022-05-05$7.37$5.00101.4%26.5%76.8%50.7%96.0%2.4%-5.4%89.1K-4.3M-16.9K0.5545.4983946518,3232,166
2022-05-06$6.78$5.00107.9%27.1%82.1%61.0%97.5%1.3%-1.9%71.3K-3.2M-15.1K0.1354.401,82222918,5492,357
2022-05-09$5.83$5.00127.6%30.0%95.7%91.7%102.9%5.5%-13.8%48.1K-1.8M-12.4K0.2254.531,09723819,7102,404
2022-05-10$5.76$5.00127.6%29.3%95.1%91.6%107.9%-1.1%-6.3%46.8K-1.8M-12.5K0.2357.461,27428819,9662,449
2022-05-11$5.19$5.00100.0%28.7%100.4%48.6%114.7%19.2%-1.9%32.2K-1.0M-10.2K0.1558.523,49353920,4222,515
2022-05-12$6.03$5.00106.5%30.5%111.5%58.8%98.6%11.1%-12.2%50.6K-2.3M-13.8K0.4965.201,16057220,3772,830
2022-05-13$6.45$7.5095.2%27.3%114.8%41.2%99.7%7.1%-7.7%49.6K-2.6M-14.1K0.2264.8987619320,2402,831
2022-05-16$6.65$7.5098.3%28.2%115.2%45.9%102.7%3.3%-5.8%52.9K-2.7M-14.1K0.3160.8963919520,2382,834
2022-05-17$7.04$7.5095.5%27.4%116.7%41.6%95.1%5.2%-10.2%99.3K-3.8M-15.6K0.3732.2949718320,4692,831
2022-05-18$7.16$7.5097.6%28.0%116.3%44.9%99.4%11.8%-7.7%105.2K-4.2M-16.2K0.3765.5088732520,4062,834
2022-05-19$6.86$7.50102.5%29.4%115.8%52.5%104.8%4.0%-8.7%56.7K-3.1M-14.6K0.0871.992,94422620,3832,795
2022-05-20$7.16$7.50100.4%28.8%116.5%49.2%93.5%2.4%-6.7%66.9K-3.8M-16.3K0.1642.911,31121121,5202,788
2022-05-23$6.71$7.5096.4%27.6%115.5%43.0%98.1%-5.6%-4.0%59.4K-3.3M-14.7K0.3038.8466520017,5271,865
2022-05-24$6.55$7.5097.6%28.0%114.1%44.9%89.0%16.7%-6.6%55.7K-3.0M-14.3K0.2360.5179018417,6231,876
2022-05-25$6.74$7.5092.3%26.5%114.1%36.6%89.6%21.1%-2.0%61.4K-3.3M-14.5K0.3547.3352218417,7851,862
2022-05-26$6.82$7.5092.8%26.6%108.8%37.4%92.3%3.6%-4.3%63.9K-3.4M-14.8K0.3132.0248514817,9931,861
2022-05-27$7.06$7.5088.2%25.3%109.6%30.2%88.9%-19.1%-1.0%73.0K-3.8M-15.2K0.1554.0896314418,1031,862
2022-05-31$7.06$7.5089.6%25.7%109.6%32.5%84.8%-3.1%-2.0%78.4K-3.8M-14.7K0.7566.2497473318,3561,862