ONDS Options History — January 2023

In January 2023, ONDS traded between $1.46 and $2.05. ATM implied volatility averaged 131.3%, placing in the 52.2% IV rank vs the trailing year. The 30-day expected move averaged 34.0%. IV traded above realized volatility by 62.7% (HV 20d: 68.6%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 1.11.

Notable Days

2023-01-06: Highest Volume — 1,235 contracts
2023-01-09: Largest IV spike — 51.0% change
2023-01-09: Highest IV Rank — 100.0%
2023-01-11: Largest Expected Move — 45.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$1.78	$1.46	$2.05	$1.54	$1.98
Max Pain	$3.00	$2.50	$5.00	$2.50	$2.50
ATM IV	131.3%	98.5%	226.4%	132.2%	102.3%
Expected Move	34.0%	24.7%	45.2%	37.9%	29.3%
HV 20d	68.6%	62.3%	74.9%	67.5%	64.7%
HV 60d	80.3%	78.4%	82.7%	80.0%	78.9%
IV Rank	52.2%	25.7%	100.0%	78.8%	27.9%
IV Percentile	89.0%	58.3%	100.0%	98.0%	65.1%
Term Structure	8.0%	-69.5%	82.9%	-69.5%	-3.5%
VWIV	122.4%	80.7%	175.8%	144.3%	80.7%
Bid-Ask Spread %	62.59	16.81	88.48	56.51	57.93
Gamma HHI	0.56	0.46	0.69	0.60	0.61
Net GEX	4.9K	1.5K	7.5K	1.7K	6.8K
Net DEX	-288.9K	-425.6K	-88.7K	-88.7K	-373.0K
Net VEX	-2.0K	-2.7K	-890	-890	-2.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.11	0.00	15.50	0.02	4.27
Total Volume	272.15	23	1,235	342	269
Total OI	13,160.05	11,319	13,907	11,319	13,746

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2023-01-03	$1.54	$2.50	132.2%	37.9%	67.5%	78.8%	144.3%	0.0%	-69.5%	1.7K	-88.7K	-890	0.02	56.51	336	6	11,076	243
2023-01-04	$1.52	$2.50	106.0%	30.4%	66.1%	52.3%	0.0%	0.0%	7.7%	1.6K	-113.4K	-1.0K	0.00	55.30	23	0	11,192	244
2023-01-05	$1.46	$5.00	144.6%	24.7%	66.0%	91.4%	0.0%	0.0%	47.5%	1.5K	-97.3K	-938	0.03	60.57	88	3	11,550	244
2023-01-06	$1.54	$5.00	119.3%	29.7%	71.1%	65.8%	0.0%	0.0%	82.9%	1.5K	-110.6K	-996	0.01	82.10	1,217	18	11,618	245
2023-01-09	$1.58	$5.00	180.1%	27.6%	71.4%	100.0%	133.8%	0.0%	69.4%	2.6K	-171.1K	-1.4K	0.01	66.53	801	11	12,682	258
2023-01-10	$1.67	$5.00	226.4%	36.6%	74.9%	100.0%	85.1%	0.0%	61.0%	5.1K	-334.0K	-2.3K	0.00	16.81	265	0	13,164	256
2023-01-11	$1.71	$2.50	157.5%	45.2%	71.4%	60.0%	175.8%	0.0%	-28.6%	5.3K	-321.2K	-2.3K	0.03	67.22	134	4	13,391	256
2023-01-12	$1.79	$2.50	133.0%	38.1%	69.1%	45.8%	89.4%	0.0%	37.6%	5.8K	-339.2K	-2.3K	0.00	78.21	50	0	13,445	256
2023-01-13	$1.91	$2.50	115.2%	33.0%	72.1%	35.4%	124.0%	0.0%	0.5%	6.6K	-402.9K	-2.5K	0.12	88.48	113	13	13,442	258
2023-01-17	$1.85	$2.50	130.1%	37.3%	73.0%	44.1%	0.0%	0.0%	-21.5%	5.9K	-376.6K	-2.4K	0.60	68.62	136	81	13,432	260
2023-01-18	$1.79	$2.50	154.7%	44.3%	70.8%	58.4%	156.7%	0.0%	-19.6%	5.6K	-318.4K	-2.2K	15.50	72.84	10	155	13,406	328
2023-01-19	$1.77	$2.50	119.5%	34.3%	70.9%	37.9%	100.5%	0.0%	-2.1%	3.4K	-182.4K	-1.6K	0.03	62.43	67	2	13,396	471
2023-01-20	$1.77	$2.50	122.0%	35.0%	67.3%	39.4%	0.0%	0.0%	-11.9%	5.3K	-292.1K	-2.2K	1.29	69.02	21	27	13,437	470
2023-01-23	$1.85	$2.50	121.5%	34.8%	69.4%	39.1%	140.3%	0.0%	-40.0%	5.5K	-272.3K	-2.0K	0.24	70.80	51	12	12,497	459
2023-01-24	$1.98	$2.50	98.5%	28.2%	66.6%	25.7%	112.5%	0.0%	11.9%	6.7K	-390.1K	-2.5K	0.00	23.02	630	0	12,475	457
2023-01-25	$1.85	$2.50	127.5%	36.6%	69.2%	42.6%	0.0%	0.0%	11.0%	6.2K	-336.2K	-2.4K	0.00	19.84	295	0	13,005	457
2023-01-26	$1.93	$2.50	110.1%	31.6%	62.3%	32.4%	0.0%	0.0%	36.3%	6.6K	-425.6K	-2.7K	0.01	74.07	82	1	13,249	457
2023-01-27	$2.05	$2.50	111.6%	32.0%	64.5%	33.3%	118.8%	0.0%	3.4%	7.5K	-421.7K	-2.7K	0.03	76.44	355	9	13,300	458
2023-01-30	$2.02	$2.50	113.3%	32.5%	63.7%	34.3%	129.0%	0.0%	-13.7%	6.3K	-411.9K	-2.5K	0.00	84.96	158	0	13,154	467
2023-01-31	$1.98	$2.50	102.3%	29.3%	64.7%	27.9%	80.7%	0.0%	-3.5%	6.8K	-373.0K	-2.4K	4.27	57.93	51	218	13,279	467