ONDS Options History — March 2026

In March 2026, ONDS traded between $8.09 and $11.11. ATM implied volatility averaged 116.2%, placing in the 21.8% IV rank vs the trailing year. The 30-day expected move averaged 33.3%. IV traded above realized volatility by 25.4% (HV 20d: 90.7%). Max pain ranged from $9.00 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.38.

Notable Days

  • 2026-03-12: Highest Volume — 469,356 contracts
  • 2026-03-06: Largest IV spike — 6.7% change
  • 2026-03-06: Highest IV Rank — 28.4%
  • 2026-03-12: Largest Expected Move — 41.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.11$8.09$11.11$10.43$8.98
Max Pain$9.90$9.00$10.00$9.00$10.00
ATM IV116.2%101.5%129.3%127.6%102.0%
Expected Move33.3%28.6%41.0%38.5%29.3%
HV 20d90.7%74.9%122.3%122.3%99.5%
HV 60d112.0%108.0%114.6%114.6%113.1%
IV Rank21.8%14.4%28.4%27.6%14.7%
IV Percentile18.0%0.8%45.2%40.5%1.6%
Term Structure-1.8%-7.8%2.9%-6.8%1.3%
VWIV117.2%104.0%137.6%137.6%104.0%
Skew 25d0.0%-8.3%4.1%-3.6%2.2%
Skew 10d-2.6%-27.8%13.4%-11.9%5.4%
Call IV 25d117.2%101.6%137.2%130.6%101.6%
Put IV 25d117.3%103.4%129.6%127.0%103.7%
Bid-Ask Spread %19.979.9237.5828.529.92
Gamma HHI0.090.070.140.080.07
Net GEX3.9M344.7K7.1M3.8M1.9M
Net DEX-263.2M-407.2M-35.6M-309.6M-134.4M
Net VEX-2.2M-2.6M-1.9M-1.9M-2.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.230.780.230.35
Total Volume248,828.381141,093469,356468,008184,304
Total OI1,466,862.7141,201,4851,727,4381,201,4851,452,830

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-03-02$10.43$9.00127.6%38.5%122.3%27.6%137.6%-3.6%-6.8%3.8M-309.6M-1.9M0.2328.52379,66688,342815,926385,559
2026-03-03$10.14$9.50127.0%38.8%121.9%27.2%136.8%-4.3%-2.3%3.9M-278.5M-1.9M0.2336.08141,21932,877904,490415,088
2026-03-04$10.60$9.50125.1%37.6%121.7%26.3%132.7%1.9%-0.1%5.0M-329.2M-2.0M0.3725.32144,66352,944933,679426,288
2026-03-05$10.46$10.00121.2%33.3%107.4%24.3%116.4%-0.3%-3.6%4.8M-318.6M-2.0M0.2537.58127,57432,424961,344458,623
2026-03-06$9.89$10.00129.3%35.2%97.2%28.4%123.1%-8.3%-7.5%3.1M-229.2M-1.9M0.4427.30316,172137,835980,723473,967
2026-03-09$9.69$10.00126.0%34.6%84.0%26.8%122.3%-3.6%-6.3%3.1M-239.6M-1.9M0.3520.35196,08567,834911,521416,312
2026-03-10$10.23$10.00123.4%34.1%83.1%25.4%118.2%-0.8%-5.4%4.6M-289.7M-2.1M0.2629.42130,23933,444963,193460,469
2026-03-11$9.75$10.00122.4%33.2%81.9%24.9%115.6%1.9%-7.8%3.5M-213.1M-2.0M0.4126.16153,79562,325990,703473,059
2026-03-12$10.43$10.00126.6%41.0%83.0%27.0%124.7%4.0%-2.6%5.9M-321.6M-2.2M0.4113.83332,439136,9171,030,023496,306
2026-03-13$0.00$0.00120.9%0.0%83.0%24.2%0.0%0.0%0.0%3.9M-291.1M-2.4M0.000.000000
2026-03-16$10.48$10.00117.3%33.5%83.0%22.4%116.8%4.1%-2.3%4.4M-300.1M-2.4M0.3917.48158,39461,421993,589506,725
2026-03-17$11.11$10.00113.3%32.3%83.4%20.3%114.0%2.6%-0.4%7.1M-407.2M-2.5M0.4011.68198,52778,7731,045,893535,282
2026-03-18$10.92$10.00116.3%33.3%83.2%21.9%116.4%-1.7%-2.6%6.7M-375.1M-2.6M0.5514.5691,23649,8571,089,870563,971
2026-03-19$10.86$10.00115.4%33.0%81.1%21.4%116.3%-2.7%-1.6%6.2M-360.2M-2.5M0.3719.23134,34549,9411,108,922577,324
2026-03-20$9.91$10.00111.6%32.3%79.5%19.5%113.7%-3.8%0.3%2.4M-205.7M-2.4M0.4817.47165,03779,2591,135,486591,952
2026-03-23$10.91$10.00106.4%30.8%85.6%16.9%109.8%2.4%-0.2%4.5M-336.9M-2.5M0.3717.89200,12474,046860,701448,540
2026-03-24$10.80$10.00106.2%30.2%74.9%16.8%110.1%1.8%2.9%5.0M-335.7M-2.6M0.2915.16179,68751,347930,780484,941
2026-03-25$10.46$10.00105.5%29.2%75.9%16.4%107.4%2.5%2.1%4.5M-285.2M-2.6M0.3714.63160,63660,115977,190506,847
2026-03-26$9.34$10.00101.5%28.6%85.7%14.4%105.0%0.0%2.5%907.7K-129.1M-2.3M0.2814.49152,11342,4801,003,078529,717
2026-03-27$8.79$10.00103.0%29.6%87.5%15.2%109.1%2.7%0.1%1.4M-65.7M-2.2M0.7811.53147,124115,2981,031,795542,210
2026-03-30$8.09$10.00108.0%31.2%91.4%17.7%111.5%3.8%2.3%344.7K-35.6M-1.9M0.3810.84162,72461,814912,499476,702
2026-03-31$8.98$10.00102.0%29.3%99.5%14.7%104.0%2.2%1.3%1.9M-134.4M-2.2M0.359.92136,12748,177959,446493,384