ONDS Options History — July 2025

In July 2025, ONDS traded between $1.75 and $2.42. ATM implied volatility averaged 142.2%, placing in the 16.3% IV rank vs the trailing year. The 30-day expected move averaged 41.3%. IV traded above realized volatility by 36.2% (HV 20d: 106.0%). Max pain ranged from $1.50 to $2.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.15.

Notable Days

  • 2025-07-21: Highest Volume — 45,842 contracts
  • 2025-07-25: Largest IV drop — 44.5% change
  • 2025-07-24: Highest IV Rank — 26.5%
  • 2025-07-01: Largest Expected Move — 46.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.07$1.75$2.42$1.89$2.12
Max Pain$1.80$1.50$2.00$1.50$2.00
ATM IV142.2%103.2%185.8%163.2%117.7%
Expected Move41.3%36.4%46.8%46.8%44.4%
HV 20d106.0%77.2%146.3%146.3%95.2%
HV 60d118.5%113.6%125.8%125.7%117.6%
IV Rank16.3%7.1%26.5%21.2%10.5%
IV Percentile18.1%2.0%59.5%34.9%5.2%
Term Structure-6.9%-122.1%15.8%-5.4%-4.8%
VWIV145.4%129.8%166.2%159.6%166.2%
Skew 25d-3.4%-32.5%31.6%4.9%-1.3%
Skew 10d22.5%-193.2%227.8%49.5%110.3%
Call IV 25d136.3%85.7%175.1%147.5%94.4%
Put IV 25d132.9%88.0%156.7%152.4%93.1%
Bid-Ask Spread %21.8711.9548.5211.9521.48
Gamma HHI0.270.180.410.330.21
Net GEX166.0K107.3K260.3K148.3K154.8K
Net DEX-17.7M-28.1M-10.9M-14.2M-17.1M
Net VEX-55.9K-67.1K-42.9K-46.7K-65.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.150.050.340.150.12
Total Volume16,812.4094,87545,84211,67311,018
Total OI188,814.045154,448219,877168,894200,112

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-07-01$1.89$1.50163.2%46.8%146.3%21.2%159.6%4.9%-5.4%148.3K-14.2M-46.7K0.1511.9510,1071,566145,30123,593
2025-07-02$1.85$1.50144.0%41.3%146.1%16.7%147.8%-12.0%-3.6%149.5K-13.7M-45.9K0.2414.829,2322,252147,07224,423
2025-07-03$1.85$1.50156.0%45.2%131.1%19.5%157.4%7.4%-0.3%145.9K-14.0M-47.3K0.1135.754,386489150,09325,069
2025-07-07$1.75$1.50159.6%43.9%128.1%20.4%158.3%-32.5%-9.1%145.4K-11.9M-42.9K0.1820.1215,7062,759151,21525,281
2025-07-08$1.77$1.50178.2%43.8%123.5%24.7%153.6%-28.2%-2.1%147.3K-12.7M-45.6K0.0917.817,954749155,83227,588
2025-07-09$1.83$1.50148.3%42.5%124.0%17.7%145.4%7.8%-4.5%165.0K-13.6M-46.6K0.1420.0312,6961,765156,88428,106
2025-07-10$2.01$1.50151.4%43.4%117.2%18.4%148.9%-3.7%-2.3%207.6K-17.4M-50.0K0.2618.7319,0434,903161,93429,066
2025-07-11$2.13$1.50152.9%43.8%116.2%18.8%156.0%4.1%-9.4%219.7K-19.8M-51.8K0.0916.9435,0183,175159,62831,815
2025-07-14$2.33$1.50144.1%41.3%107.3%16.7%143.7%-4.4%7.9%249.9K-25.0M-53.8K0.1615.9532,8855,340167,01531,919
2025-07-15$2.27$2.00137.1%39.3%105.5%15.1%134.2%7.2%10.2%107.3K-24.0M-52.4K0.1323.8712,7211,711170,91233,996
2025-07-16$2.42$2.00129.4%37.1%101.4%13.3%129.8%0.8%6.8%260.3K-27.3M-56.0K0.0516.9728,3341,480171,63134,812
2025-07-17$2.40$2.00131.9%37.8%96.9%13.8%135.1%-3.2%9.3%253.7K-28.1M-62.0K0.0723.0317,0471,158183,95735,034
2025-07-18$2.24$2.00127.9%36.7%100.8%12.9%132.5%-12.4%-15.0%135.2K-24.3M-59.3K0.1223.8313,4951,580184,74635,131
2025-07-21$2.27$2.00127.1%36.4%100.8%12.7%131.4%-20.5%3.1%141.2K-18.1M-59.3K0.1321.3440,4485,394135,99418,454
2025-07-22$2.13$2.00135.0%38.7%92.0%14.6%138.3%8.8%3.4%142.9K-16.4M-63.9K0.3415.2710,6403,613152,75221,378
2025-07-23$2.17$2.00141.9%40.7%81.8%16.2%137.4%4.2%-10.1%149.6K-17.1M-66.1K0.0521.759,545506156,50923,875
2025-07-24$2.17$2.00185.8%39.4%81.4%26.5%137.2%-13.9%15.5%156.6K-17.4M-67.1K0.0915.675,484503161,28624,126
2025-07-25$2.13$2.00103.2%37.4%77.2%7.1%138.4%31.6%-122.1%154.2K-16.8M-66.3K0.2032.274,602941162,50024,328
2025-07-28$2.01$2.00139.8%40.5%79.7%15.7%150.2%17.3%-2.7%148.9K-14.8M-63.3K0.2815.117,7242,176165,01525,451
2025-07-29$1.81$2.00113.6%42.5%84.9%9.5%149.0%-32.5%-32.3%125.2K-10.9M-56.0K0.1429.987,2841,030166,71327,515
2025-07-30$2.04$2.00140.3%44.7%94.9%15.8%148.4%-4.0%15.8%143.4K-15.2M-62.8K0.1048.5210,3811,033167,69528,153
2025-07-31$2.12$2.00117.7%44.4%95.2%10.5%166.2%-1.3%-4.8%154.8K-17.1M-65.0K0.1221.489,8591,159170,99529,117