On (ONON) Options Chain

NYSE: ONONConsumer DiscretionaryShoe ManufacturingUSD

35.09+1.05 (+3.08%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $35.09
Put/call ratio (OI): 0.91
Put/call ratio (volume): 0.71
ATM implied volatility: 48.9%
Expected move: ±$19.43
Open interest (C / P): 34.04K / 30.90K

ONON options summary

The ONON options chain for the January 21, 2028 expiration lists 21 call and 20 put contracts, with 468 days until expiration. Open interest stands at 34,040 calls and 30,898 puts, a put/call ratio of 0.91, which is fairly balanced between calls and puts. At-the-money implied volatility near the $35.00 strike is 48.9%, which implies the market expects a move of about ±$19.43 (55.4%) in On stock by expiration.

The most open interest sits at the $35.00 call (9.97K contracts) and the $32.50 put (10.07K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

ONON options chain · January 21, 2028

ONON calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
87	1	72.3%	21.10	20.10	22.85	15.00	0.33	0.51	0.61	51.5%	3	21
213	13	61.4%	19.25	18.25	19.70	17.50	0.65	0.78	0.70	51.1%	1	258
484	14	63.2%	17.43	17.00	17.70	20.00	0.82	1.40	1.54	52.3%	2	686
67	3	60.2%	15.15	14.20	16.75	22.50	1.30	1.94	1.63	50.2%	25	1,962
453	26	58.7%	13.65	12.55	15.10	25.00	2.00	2.45	2.39	46.9%	2	5,273
272	1	54.7%	12.00	11.45	12.50	27.50	2.74	3.20	3.27	45.1%	1	2,618
1,056	46	55.7%	10.80	10.75	10.95	30.00	3.90	4.40	4.20	45.7%	2	3,441
330	10	51.7%	9.45	7.55	10.75	32.50	3.95	6.45	5.10	51.0%	17	10,072
9,969	58	52.9%	8.26	8.00	8.60	35.00	5.70	7.00	6.40	45.0%	2	801
ONON $35.09
5,486	1	50.8%	7.30	6.60	7.55	37.50	7.50	9.25	9.59	49.3%	1	822
4,140	130	52.6%	6.42	5.60	7.50	40.00	8.05	9.50	11.99	40.3%	1	1,594
574	6	52.3%	4.48	4.85	5.80	42.50	9.70	11.50	14.53	41.5%	1	340
3,419	25	51.3%	4.81	4.15	5.00	45.00	11.45	13.85	16.12	44.5%	2,500	2,559
332	7	51.0%	3.96	3.60	4.40	47.50	14.25	15.10	19.20	39.6%	1	129
1,801	118	50.6%	3.67	3.25	3.85	50.00	16.25	16.75	21.07	36.4%	1	316
153	10	53.2%	2.40	2.79	3.80	52.50	0.00	0.00	21.73	—	4	0
3,261	3,095	50.6%	2.59	2.50	3.05	55.00	0.00	0.00	24.06	—	1	0
1,019	4	50.2%	1.90	2.03	2.66	57.50	—	—	—	—	—	—
176	5	50.0%	1.99	2.01	2.68	60.00	0.00	0.00	27.41	—	1	0
222	23	50.8%	1.54	1.33	1.95	65.00	22.75	23.65	22.20	—	6	6
526	35	48.8%	1.36	1.03	1.36	70.00	0.00	0.00	38.65	—	3	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the ONON put/call ratio?

For the January 21, 2028 expiration, the ONON put/call ratio based on open interest is 0.91 (30,898 puts vs 34,040 calls), and 0.71 based on today's volume. A ratio above 1 means more puts than calls.

What is ONON's implied volatility?

At-the-money implied volatility for ONON options expiring January 21, 2028 is about 48.9%, an annualized estimate of how much the market expects On stock to move.

How many ONON option expiration dates are there?

ONON has 14 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.