ONDS Options History — April 2025

In April 2025, ONDS traded between $0.72 and $1.10. ATM implied volatility averaged 166.9%, placing in the 21.4% IV rank vs the trailing year. The 30-day expected move averaged 47.1%. IV traded above realized volatility by 17.9% (HV 20d: 149.0%). Max pain ranged from $0.50 to $1.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.10.

Notable Days

  • 2025-04-14: Highest Volume — 14,206 contracts
  • 2025-04-04: Largest IV spike — 29.4% change
  • 2025-04-04: Highest IV Rank — 30.7%
  • 2025-04-04: Largest Expected Move — 58.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.85$0.72$1.10$1.10$0.78
Max Pain$0.69$0.50$1.00$0.50$1.00
ATM IV166.9%102.2%206.4%181.9%102.2%
Expected Move47.1%29.3%58.9%57.3%29.3%
HV 20d149.0%132.2%161.2%135.4%132.2%
HV 60d130.4%127.1%133.8%129.3%129.4%
IV Rank21.4%6.1%30.7%24.9%6.1%
IV Percentile29.9%0.8%57.1%38.9%0.8%
Term Structure7.3%-61.9%80.8%24.0%80.8%
VWIV172.8%124.4%202.2%183.9%177.8%
Skew 25d-13.9%-269.9%72.8%-86.6%-13.6%
Skew 10d-39.5%-320.0%61.0%-59.1%-46.6%
Call IV 25d159.0%92.0%411.6%288.4%114.8%
Put IV 25d145.1%101.2%201.8%201.8%101.2%
Bid-Ask Spread %50.3015.71114.1619.2851.42
Gamma HHI0.190.160.230.220.22
Net GEX17.7K10.3K24.6K18.7K13.8K
Net DEX-1.3M-2.0M-641.2K-2.0M-1.1M
Net VEX-7.9K-10.0K-5.3K-8.9K-7.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.100.000.490.150.17
Total Volume4,230.57184314,2062,7511,090
Total OI93,501.33376,915109,25276,915109,252

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-04-01$1.10$0.50181.9%57.3%135.4%24.9%183.9%-86.6%24.0%18.7K-2.0M-8.9K0.1519.282,39835370,9415,974
2025-04-02$1.10$0.50202.4%52.1%135.4%29.8%187.3%72.8%-7.2%24.1K-2.0M-10.0K0.0919.411,32812672,2216,270
2025-04-03$0.91$0.50159.6%52.7%148.7%19.6%180.8%-34.5%-3.8%17.3K-1.3M-7.9K0.0118.189,89311372,5716,276
2025-04-04$0.93$0.50206.4%58.9%148.8%30.7%191.6%35.1%-13.4%22.5K-1.7M-9.3K0.0354.632,8017280,0596,374
2025-04-07$0.87$0.50206.4%53.2%144.1%30.7%188.1%5.4%-16.1%19.9K-1.3M-8.0K0.0875.862,13417980,8676,340
2025-04-08$0.75$0.50185.1%37.3%154.4%25.7%124.4%6.6%55.0%12.2K-641.2K-5.3K0.49114.162,0801,02681,4716,288
2025-04-09$0.81$0.50145.5%41.7%154.3%16.3%170.8%19.7%-9.3%14.3K-821.2K-6.2K0.0171.912,7782782,2416,447
2025-04-10$0.78$0.50163.5%46.9%154.6%20.6%199.0%1.4%-0.5%16.0K-1.1M-7.4K0.0573.688043983,2736,446
2025-04-11$0.80$0.50166.8%47.8%153.6%21.4%202.2%-43.7%-13.7%15.8K-1.2M-7.6K0.0087.861,298583,8126,485
2025-04-14$0.93$0.50188.1%53.9%159.1%26.4%189.6%-30.5%4.4%24.6K-1.6M-8.3K0.0320.2513,79840884,6556,490
2025-04-15$0.88$0.50179.2%51.4%158.5%24.3%163.7%3.5%0.9%19.9K-1.5M-9.1K0.0518.704,82822094,4926,853
2025-04-16$0.84$0.50184.1%52.8%159.2%25.5%180.8%2.8%-4.7%19.3K-1.5M-9.0K0.0343.932,9728396,6906,950
2025-04-17$0.89$0.50162.2%46.5%156.8%20.3%161.1%46.1%33.1%22.9K-1.7M-9.8K0.2647.932,30960598,4667,012
2025-04-21$0.81$1.00166.5%47.7%161.2%21.3%166.4%-8.5%16.4%17.3K-1.4M-7.9K0.1145.883,43838689,1284,026
2025-04-22$0.82$1.00169.6%48.6%154.3%22.0%170.0%-11.6%9.9%17.8K-1.3M-8.0K0.1567.893,58652789,9424,184
2025-04-23$0.85$1.00159.3%45.7%151.0%19.6%159.6%0.1%11.6%19.1K-1.4M-8.1K0.0147.486,2855190,7064,276
2025-04-24$0.81$1.00163.9%47.0%150.6%20.7%165.1%-1.8%-9.7%17.9K-1.3M-7.7K0.0148.444,2423092,5954,265
2025-04-25$0.72$1.00177.0%50.8%142.4%23.8%177.3%-269.9%-61.9%10.3K-863.0K-5.9K0.0568.188,87647494,8314,252
2025-04-28$0.75$1.00130.8%37.5%136.8%12.8%133.2%-35.1%-21.1%13.3K-1.1M-6.8K0.1015.712,48924599,5134,715
2025-04-29$0.81$1.00105.1%30.1%137.8%6.8%157.1%50.8%78.3%14.6K-1.2M-7.3K0.3145.603,3851,061100,9224,957
2025-04-30$0.78$1.00102.2%29.3%132.2%6.1%177.8%-13.6%80.8%13.8K-1.1M-7.0K0.1751.42931159103,2565,996