ONDS Options History — April 2026

In April 2026, ONDS traded between $8.91 and $10.80. ATM implied volatility averaged 98.1%, placing in the 12.7% IV rank vs the trailing year. The 30-day expected move averaged 28.1%. IV traded above realized volatility by 3.4% (HV 20d: 94.7%). Max pain ranged from $9.00 to $10.00. Net GEX was positive for 14 of 14 trading days. Term structure was in contango for 12 of 14 days. Put/call ratio averaged 0.44.

Notable Days

2026-04-20: Highest Volume — 481,017 contracts
2026-04-20: Largest IV spike — 14.5% change
2026-04-21: Highest IV Rank — 18.9%
2026-04-21: Largest Expected Move — 31.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$9.67	$8.91	$10.80	$8.91	$10.80
Max Pain	$9.43	$9.00	$10.00	$10.00	$10.00
ATM IV	98.1%	91.5%	110.3%	96.4%	110.3%
Expected Move	28.1%	26.2%	31.6%	27.6%	31.6%
HV 20d	94.7%	83.1%	101.0%	97.6%	83.1%
HV 60d	103.8%	100.4%	111.2%	111.2%	100.4%
IV Rank	12.7%	9.3%	18.9%	11.8%	18.9%
IV Percentile	2.6%	0.4%	11.9%	0.4%	11.9%
Term Structure	2.6%	-3.8%	6.5%	2.7%	-3.8%
VWIV	101.7%	93.9%	115.0%	97.3%	115.0%
Skew 25d	2.2%	-1.6%	6.3%	2.8%	-1.6%
Skew 10d	5.2%	-8.0%	17.5%	9.9%	-8.0%
Call IV 25d	98.1%	91.2%	114.4%	96.3%	114.4%
Put IV 25d	100.4%	94.1%	112.8%	99.1%	112.8%
Bid-Ask Spread %	14.68	9.03	21.17	9.03	18.93
Gamma HHI	0.11	0.07	0.21	0.07	0.09
Net GEX	4.0M	395.8K	7.5M	2.6M	7.3M
Net DEX	-217.3M	-418.7M	-114.7M	-126.1M	-418.7M
Net VEX	-2.4M	-2.9M	-2.2M	-2.2M	-2.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.44	0.27	0.64	0.50	0.28
Total Volume	183,080.643	76,384	481,017	139,768	228,797
Total OI	1,513,198.643	1,405,898	1,654,474	1,492,386	1,637,039

Daily Data (14 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
2026-04-01	$8.91	$10.00	96.4%	27.6%	97.6%	11.8%	97.3%	2.8%	2.7%	2.6M	-126.1M	-2.2M	0.50	9.03	93,340	46,428	993,704	498,682
2026-04-02	$9.55	$9.00	98.4%	28.2%	101.0%	12.8%	104.8%	6.3%	1.1%	5.3M	-212.6M	-2.3M	0.64	13.94	145,579	93,537	1,012,477	509,265
2026-04-06	$9.54	$10.00	98.6%	28.3%	99.5%	12.9%	103.2%	5.1%	4.4%	2.8M	-196.1M	-2.3M	0.53	12.82	73,878	39,264	922,190	483,708
2026-04-07	$9.48	$10.00	100.0%	28.7%	99.4%	13.6%	104.6%	5.4%	4.2%	2.6M	-175.7M	-2.3M	0.47	15.32	51,807	24,577	955,677	502,135
2026-04-08	$9.43	$10.00	97.2%	27.9%	97.6%	12.2%	102.3%	4.6%	5.1%	2.7M	-170.2M	-2.3M	0.37	15.90	90,785	33,993	973,769	512,214
2026-04-09	$9.04	$10.00	95.3%	27.3%	98.4%	11.3%	100.9%	3.6%	6.5%	1.0M	-114.7M	-2.2M	0.48	19.31	75,137	36,141	998,503	520,991
2026-04-10	$9.13	$9.00	95.2%	27.3%	96.2%	11.2%	99.1%	5.5%	5.1%	395.8K	-123.5M	-2.2M	0.58	12.32	89,623	51,903	1,013,585	528,256
2026-04-13	$9.43	$9.00	93.8%	26.9%	95.7%	10.5%	95.1%	1.1%	2.2%	2.3M	-163.5M	-2.3M	0.40	11.65	132,420	53,563	930,081	486,988
2026-04-14	$9.41	$9.00	91.5%	26.2%	92.2%	9.3%	93.9%	1.3%	4.2%	3.2M	-172.6M	-2.3M	0.34	12.22	78,978	26,677	987,542	501,255
2026-04-15	$9.89	$9.00	95.0%	27.2%	91.4%	11.1%	96.8%	0.3%	0.6%	5.0M	-239.5M	-2.4M	0.28	11.38	153,916	43,336	1,009,630	514,718
2026-04-16	$10.11	$9.00	97.1%	27.8%	91.8%	12.2%	99.0%	-0.1%	1.7%	7.5M	-295.1M	-2.5M	0.33	21.17	131,480	43,358	1,062,828	533,678
2026-04-17	$9.96	$9.00	95.3%	27.3%	91.9%	11.3%	98.1%	-1.4%	4.2%	7.4M	-262.6M	-2.5M	0.64	16.17	148,368	95,227	1,102,367	552,107
2026-04-20	$10.73	$9.00	109.1%	31.3%	89.9%	18.2%	113.1%	-1.5%	-2.0%	5.7M	-371.6M	-2.7M	0.27	15.29	379,855	101,162	963,087	478,305
2026-04-21	$10.80	$10.00	110.3%	31.6%	83.1%	18.9%	115.0%	-1.6%	-3.8%	7.3M	-418.7M	-2.9M	0.28	18.93	179,121	49,676	1,100,555	536,484