ONDS Options History — August 2025

In August 2025, ONDS traded between $2.20 and $5.79. ATM implied volatility averaged 123.9%, placing in the 12.0% IV rank vs the trailing year. The 30-day expected move averaged 36.0%. IV traded below realized volatility by 22.5% (HV 20d: 146.4%). Max pain ranged from $1.00 to $3.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.22.

Notable Days

  • 2025-08-29: Highest Volume — 178,858 contracts
  • 2025-08-07: Largest IV drop — 16.4% change
  • 2025-08-11: Highest IV Rank — 15.6%
  • 2025-08-01: Largest Expected Move — 43.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.94$2.20$5.79$2.20$5.79
Max Pain$2.02$1.00$3.00$2.00$3.00
ATM IV123.9%108.3%139.5%125.2%138.6%
Expected Move36.0%30.3%43.9%43.9%38.7%
HV 20d146.4%95.7%171.6%95.7%159.2%
HV 60d133.9%117.4%142.3%117.4%132.9%
IV Rank12.0%8.3%15.6%12.3%15.4%
IV Percentile9.2%2.8%21.8%7.9%21.8%
Term Structure-4.5%-101.6%17.7%-101.6%-1.7%
VWIV125.2%106.0%159.7%159.7%135.0%
Skew 25d3.0%-64.2%82.8%38.4%-17.3%
Skew 10d-3.9%-51.6%49.3%-13.7%-18.0%
Call IV 25d124.5%90.7%150.0%90.7%150.0%
Put IV 25d127.5%75.9%207.6%129.1%132.7%
Bid-Ask Spread %20.9211.0134.8419.2014.20
Gamma HHI0.230.160.320.200.20
Net GEX560.9K170.9K1.0M170.9K741.9K
Net DEX-79.6M-182.5M-18.6M-18.6M-182.5M
Net VEX-179.4K-329.5K-66.7K-66.7K-329.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.220.030.380.330.20
Total Volume90,206.1914,327178,85814,327178,858
Total OI376,571.952201,417615,461201,417615,461

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-08-01$2.20$2.00125.2%43.9%95.7%12.3%159.7%38.4%-101.6%170.9K-18.6M-66.7K0.3319.2010,7663,561172,07229,345
2025-08-04$2.63$1.00135.8%37.6%109.9%14.8%129.7%40.9%-0.0%228.7K-27.3M-75.1K0.1117.3530,7563,372172,96228,789
2025-08-05$3.02$1.00138.0%43.4%117.5%15.3%143.2%67.0%-0.5%261.1K-37.2M-83.0K0.0325.43112,9343,736181,37429,013
2025-08-06$3.37$1.00137.5%38.8%121.1%15.2%134.2%8.8%1.3%437.9K-53.6M-104.5K0.1034.8457,3585,648226,91531,026
2025-08-07$3.25$1.00115.0%37.7%120.9%9.9%129.7%82.8%17.7%432.1K-49.4M-107.8K0.0617.4544,6632,514231,92230,889
2025-08-08$3.54$1.00128.6%37.2%122.3%13.1%129.8%-64.2%-4.3%568.9K-60.4M-116.1K0.0919.1250,7884,753237,54531,524
2025-08-11$3.37$1.00139.5%37.9%122.6%15.6%131.0%-37.8%-3.1%455.4K-52.1M-112.8K0.3326.5846,68715,506233,95829,943
2025-08-12$4.24$1.00121.6%33.6%142.3%11.4%114.1%30.5%-2.1%536.0K-80.1M-123.2K0.2325.35106,26524,648243,68642,079
2025-08-13$3.49$1.50125.9%37.5%162.6%12.4%131.0%-15.6%4.8%469.4K-53.0M-134.1K0.1417.5493,82913,596253,24360,578
2025-08-14$3.88$1.50127.5%36.5%165.1%12.8%124.3%1.0%-0.1%706.6K-74.9M-161.2K0.3823.2962,27423,489296,17067,888
2025-08-15$3.94$1.50126.7%36.8%161.5%12.6%129.1%-14.7%2.8%432.2K-76.9M-168.9K0.2424.5284,92220,756310,35981,478
2025-08-18$3.98$2.50118.4%33.7%161.5%10.7%119.3%-12.2%-2.0%504.2K-69.5M-185.2K0.3117.4932,0609,819295,13478,549
2025-08-19$3.58$2.50111.5%32.2%165.4%9.0%113.4%-9.3%1.1%392.0K-53.4M-181.7K0.1729.6589,30814,963304,66787,143
2025-08-20$3.60$3.00123.3%35.4%165.5%11.8%119.5%1.8%-10.2%404.3K-53.1M-199.0K0.3128.2961,59619,125327,49498,080
2025-08-21$3.77$3.00122.3%35.0%165.4%11.6%122.0%2.2%1.8%465.4K-63.5M-222.0K0.1614.5735,0055,534345,892113,183
2025-08-22$4.46$3.00113.2%32.0%171.6%9.5%115.3%-2.0%7.6%1.0M-103.1M-240.3K0.3723.59128,11747,174355,553116,169
2025-08-25$4.86$3.00116.5%33.5%168.6%10.2%117.6%-9.9%4.4%742.5K-123.1M-269.7K0.3623.1062,45322,735364,997132,418
2025-08-26$4.96$3.00108.3%30.3%159.6%8.3%107.9%1.7%-0.2%849.6K-128.0M-281.1K0.1213.4882,01210,021377,957148,334
2025-08-27$5.13$3.00110.0%30.3%157.5%8.7%106.0%-17.2%-10.4%1.0M-141.8M-296.9K0.3013.3083,69525,245396,152155,049
2025-08-28$5.69$3.00119.3%33.3%158.8%10.9%117.7%-12.0%0.5%936.4K-169.4M-308.5K0.2411.01131,83331,956399,690173,331
2025-08-29$5.79$3.00138.6%38.7%159.2%15.4%135.0%-17.3%-1.7%741.9K-182.5M-329.5K0.2014.20148,83130,027433,950181,511