ONDS Options History — February 2025

In February 2025, ONDS traded between $0.97 and $2.12. ATM implied volatility averaged 133.9%, placing in the 12.8% IV rank vs the trailing year. The 30-day expected move averaged 39.5%. IV traded above realized volatility by 13.8% (HV 20d: 120.1%). Max pain ranged from $2.00 to $2.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.28.

Notable Days

2025-02-24: Highest Volume — 9,400 contracts
2025-02-07: Largest IV spike — 90.4% change
2025-02-13: Highest IV Rank — 19.7%
2025-02-10: Largest Expected Move — 47.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$1.55	$0.97	$2.12	$1.63	$0.97
Max Pain	$2.08	$2.00	$2.50	$2.50	$2.00
ATM IV	133.9%	76.6%	159.8%	129.9%	137.4%
Expected Move	39.5%	27.0%	47.8%	37.2%	39.4%
HV 20d	120.1%	102.7%	137.7%	130.8%	114.2%
HV 60d	170.9%	168.2%	175.4%	168.3%	174.0%
IV Rank	12.8%	0.0%	19.7%	8.0%	14.4%
IV Percentile	11.8%	0.0%	24.6%	7.5%	9.1%
Term Structure	-0.4%	-66.2%	65.4%	-66.2%	-5.0%
VWIV	156.0%	80.0%	206.0%	150.6%	171.2%
Skew 25d	-40.9%	-80.4%	23.3%	-64.8%	-7.2%
Skew 10d	1.5%	-116.1%	90.6%	-59.3%	17.9%
Call IV 25d	153.3%	81.5%	204.3%	164.1%	133.1%
Put IV 25d	112.4%	86.2%	157.1%	99.3%	125.9%
Bid-Ask Spread %	34.40	15.82	62.21	57.71	26.25
Gamma HHI	0.20	0.19	0.23	0.19	0.22
Net GEX	31.0K	16.7K	46.5K	31.1K	17.6K
Net DEX	-2.7M	-5.1M	-1.1M	-2.8M	-1.2M
Net VEX	-17.3K	-25.5K	-9.1K	-19.0K	-10.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.28	0.00	1.89	0.22	0.09
Total Volume	2,219.947	383	9,400	2,104	383
Total OI	75,236.895	62,138	78,776	72,692	75,452

Daily Data (19 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
2025-02-03	$1.63	$2.50	129.9%	37.2%	130.8%	8.0%	150.6%	-64.8%	-66.2%	31.1K	-2.8M	-19.0K	0.22	57.71	1,731	373	65,656	7,036
2025-02-04	$1.69	$2.50	111.1%	31.9%	128.8%	3.3%	167.7%	-12.4%	31.0%	34.6K	-3.1M	-20.2K	0.65	42.14	492	320	66,401	7,260
2025-02-05	$1.63	$2.50	94.1%	27.0%	128.8%	0.0%	80.0%	23.3%	65.4%	31.2K	-2.8M	-19.0K	0.00	62.21	1,209	2	66,716	7,301
2025-02-06	$1.75	$2.00	76.6%	33.5%	132.9%	0.0%	156.3%	-67.7%	11.3%	35.2K	-3.2M	-20.8K	0.15	32.90	1,417	210	67,139	7,302
2025-02-07	$1.90	$2.00	145.9%	45.5%	137.7%	16.4%	149.8%	-50.7%	-0.2%	40.4K	-3.7M	-22.1K	0.21	26.09	1,495	314	67,452	7,466
2025-02-10	$2.08	$2.00	149.4%	47.8%	133.7%	17.2%	157.8%	-44.3%	-18.0%	46.4K	-4.9M	-25.5K	0.25	28.11	3,111	772	67,976	7,682
2025-02-11	$2.12	$2.00	144.1%	42.3%	121.8%	16.0%	157.1%	-49.3%	10.1%	46.5K	-5.1M	-24.5K	0.13	32.94	2,650	339	69,921	7,815
2025-02-12	$1.96	$2.00	151.1%	43.3%	124.1%	17.6%	156.0%	-21.3%	9.6%	45.0K	-4.5M	-23.6K	0.30	23.12	642	194	70,416	8,021
2025-02-13	$1.92	$2.00	159.8%	45.8%	115.9%	19.7%	157.4%	-70.4%	1.3%	42.1K	-3.9M	-22.5K	0.11	30.04	723	82	70,462	8,186
2025-02-14	$1.83	$2.00	158.5%	45.4%	116.8%	19.4%	157.6%	-16.5%	7.0%	38.8K	-3.5M	-21.1K	0.29	15.82	465	134	70,518	8,258
2025-02-18	$1.67	$2.00	155.3%	44.5%	117.8%	18.6%	155.5%	-3.7%	13.5%	32.5K	-2.5M	-17.6K	0.06	24.49	2,421	155	70,738	7,740
2025-02-19	$1.44	$2.00	124.0%	35.6%	127.6%	11.2%	159.1%	-69.3%	20.2%	26.7K	-1.8M	-14.9K	0.26	43.98	1,513	398	70,364	7,776
2025-02-20	$1.40	$2.00	114.4%	32.8%	105.0%	9.0%	132.4%	-55.1%	34.9%	25.4K	-1.5M	-13.8K	0.48	40.26	1,098	532	70,731	8,008
2025-02-21	$1.27	$2.00	155.5%	44.6%	102.7%	18.7%	158.2%	-78.1%	8.4%	22.4K	-1.3M	-13.0K	0.21	29.52	642	135	70,795	7,563
2025-02-24	$1.12	$2.00	117.9%	33.8%	108.2%	9.8%	155.7%	-39.6%	-34.2%	16.7K	-1.1M	-9.1K	0.00	23.83	9,382	18	58,376	3,762
2025-02-25	$1.04	$2.00	139.7%	40.0%	109.2%	14.9%	169.1%	-44.4%	-20.8%	18.4K	-1.4M	-10.9K	0.03	37.51	7,310	252	66,066	3,706
2025-02-26	$1.08	$2.00	133.2%	38.2%	111.6%	13.4%	166.4%	-25.3%	-65.4%	20.7K	-1.4M	-11.5K	0.02	39.33	482	8	70,602	4,013
2025-02-27	$0.98	$2.00	145.4%	41.7%	114.0%	16.3%	206.0%	-80.4%	-9.6%	18.0K	-1.2M	-10.0K	1.89	37.33	268	507	70,809	4,016
2025-02-28	$0.97	$2.00	137.4%	39.4%	114.2%	14.4%	171.2%	-7.2%	-5.0%	17.6K	-1.2M	-10.4K	0.09	26.25	351	32	70,937	4,515