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Consumer Discretionary · Consumer

ONON Implied Volatility, IV Rank & Options Chain

On Holding AG (ONON) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for On Holding AG (ONON).

Updated Reference data

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On this page
  1. Key facts
  2. Company overview
  3. Options market
  4. Volatility profile
  5. GEX analysis
  6. Common strategies
  7. FAQ

ONON options trade with implied volatility typically in the 30% - 65% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

ONON implied volatility

As of 2026-10-26

As of 2026-10-26, ONON's 30-day implied volatility is 57.2%, placing its 1-year IV percentile at 35.0 — above 35.0% of the past year's daily IV readings, a middle range, neutral between selling and buying premium.

57.2%30-day IV
35.01-year IV rank

ONON live chain, Greeks and GEX

Terminal

Every figure above is reference data. The live ONON chain, its Greeks, the gamma profile and the flow tape update through the session inside the Terminal.

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ONON options at a glance

Daily volume
N/A
IV range
30% - 65%
Bid-ask spread
N/A
Expirations
Weekly, monthly, LEAPS
Open interest
N/A
Next earnings
See earnings calendar
GoodLiquidity
30% - 65%IV Range
$15B+Market Cap
YesWeeklies

About On Holding AG (ONON)

On Holding is a Swiss performance sportswear company known for its innovative CloudTec running shoe technology. The brand has rapidly grown from running niche to mainstream lifestyle.

Company profile

Sector
Consumer Discretionary
Industry
Footwear & Accessories
Market cap
$15B+
Exchange
NYSE

Key dates

Next earnings
See earnings calendar
Earnings frequency
Quarterly
Dividend schedule
See company page
Fiscal year end
December

On Holding AG operates in the Consumer Discretionary sector.

ApexVol Terminal

Options analytics, live.

Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.

  • Live chains and Greeks
  • IV rank and percentile
  • Expected move and GEX
  • Screener and strategy P&L
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ONON options market overview

ONON options provide good liquidity for options traders.

Average daily volume
N/A
Total open interest
N/A
Put/call ratio
N/A
Typical ATM spread
N/A
Weekly options
Available
LEAPS available
Yes

Liquidity assessment: Good

ONON options are available for trading across multiple expirations.

ONON implied volatility and IV rank

ONON implied volatility reflects consumer spending trends and competitive dynamics. IV patterns are influenced by earnings, sales data, and consumer sentiment.

30% - 38%Low IV, below average
38% - 56%Typical, normal conditions
56% - 65%Elevated, above average

Earnings impact

IV typically expands before earnings and contracts after the announcement.

The move options are pricing for the next report, and how the last 12 went: ONON earnings expected move.

The post-earnings volatility drop is known as IV crush. Holders of short ONON options should also understand early assignment risk around dividends and expiration.

Historical volatility vs IV

ONON IV generally trades near historical volatility, with premiums expanding around earnings.

Term structure

Typically upward sloping under normal conditions.

The smile, the term structure and the cone for ONON, on today's chain.

Open ONON in IV Intelligence

ONON gamma exposure (GEX)

Gamma Exposure analysis for ONON reveals dealer hedging dynamics at key strike levels.

  • Typical GEX profile. ONON tends to operate in a positive gamma environment during normal conditions.
  • Key levels.
  • Dealer hedging.

Where the gamma sits on ONON right now, strike by strike.

See live ONON GEX

Common ONON options strategies

These are strategies commonly used by traders on ONON options, based on typical market characteristics. This is not investment advice.

Key considerations for ONON options

  • ONON options liquidity varies by expiration - prefer near-term and monthly expirations for tighter spreads
  • Monitor earnings dates for IV expansion/contraction patterns
  • Consider the stock's beta when sizing positions

ONON key events

Earnings months. January, April, July, October

ONON options data by API, or in Claude

Every number on this page is one request away. The implied volatility API returns ONON's IV rank and percentile, the gamma exposure API its dealer positioning by strike, and the chain API every strike with Greeks. Connected to the ApexVol MCP server, Claude, Cursor or ChatGPT can ask for them in plain English.

GET /api/mcp/data/iv-rank/ONONBearer token, JSON back
curl -H "Authorization: Bearer avmcp_YOUR_TOKEN" \
     "https://apexvol.com/api/mcp/data/iv-rank/ONON"
In Claudethrough the MCP server
You

What is ONON's IV rank right now, and where is its gamma flip?

Claude calls get_iv_rank and get_gex

Try GEX on ONON in the console, more prompts for ONON, or set the server up in Claude Desktop, Claude Code, Cursor or ChatGPT.

Written by
ApexVol Research Team
Quantitative options research. All calculations use live institutional-grade data — the same source professional volatility desks use.
Reviewed by
Ryan Silk, ApexVol Founder
Reviewed for technical accuracy. 10+ years trading options; built ApexVol's pricing engine, Greeks model and IV-rank methodology.

Revised as market conditions and institutional data change. Last revised 2026-10-26. How we research →

Track this name's volatility weekly. The week's biggest IV movers and the expected earnings moves, straight from the data.

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Questions

Frequently asked
about ONON options.

What is ONON's typical implied volatility?

ONON implied volatility typically ranges from 30% - 65%.

Does ONON have weekly options?

ONON offers weekly options.

What is ONON's options trading profile?

ONON (On Holding AG) options trade with good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 30% - 65% range. The position sits in the Consumer Discretionary category for portfolio diversification and options strategy design.

How does ONON implied volatility behave around earnings?

IV typically expands before earnings and contracts after the announcement. Next scheduled earnings: See earnings calendar. Traders often size short premium positions for the post-earnings IV crush, while long premium buyers should be aware that the IV decline can outweigh small directional moves.

What options strategies work well on ONON?

Popular strategies on ONON options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 30% - 65% typical range, days to next earnings, and the trader's directional outlook. Higher IV regimes favour premium-selling strategies; lower IV regimes favour directional debit spreads or long premium plays.

What is ONON's gamma exposure (GEX)?

Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence ONON's intraday price action. ONON tends to operate in a positive gamma environment during normal conditions. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live ONON GEX levels and the gamma-flip point on ApexVol.

What is ONON's IV rank?

ONON's IV rank shows where ONON's current implied volatility sits within its trailing 1-year range, scored 0–100. A reading near 100 means IV is near its yearly high — options are relatively expensive, which favors premium-selling strategies like credit spreads and iron condors. A reading near 0 means IV is near its yearly low, favoring premium-buying. ONON implied volatility typically ranges from 30% - 65%. Check ONON's live IV rank and percentile on ApexVol's IV analytics.

Reference data reads well.
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Everything on this page is the shape of ONON options. The Terminal shows you today's chain, its Greeks, the gamma profile and the flow tape as they move. Try the Terminal on AAPL without an account.

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