Sure, On Holdings (ON) technically ranks among publicly traded securities recently flashing unusual options activity. However, it’s the lull that has raised eyebrows.
Following last Friday’s close, ON stock options volume sat at 10,645 contracts, represent a 32.14% decline against the one-month trailing average. Further, the breakdown didn’t seem particularly enticing, with call volume reaching 6,278 contracts versus put volume of 4,367 contracts.
