Trading a ONON straddle lets you take a pure volatility position on On Holding AG without committing to a direction. On Holding AG's straddle involves buying (or selling) a call and a put at the same strike and expiration, profiting when the stock moves more (or less) than the combined premium implies. Use our scanner to evaluate ONON straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on ONON profits from large moves in either direction and is a classic play into binary events like earnings, product announcements, or macro releases. A short straddle profits when On Holding AG stays range-bound and implied volatility contracts. The breakeven points are simple: strike plus total premium on the upside, strike minus total premium on the downside. Comparing the ONON straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
On Holding AG develops and distributes sports products worldwide. It offers athletic footwear, apparel, and accessories. The company offers its products through independent retailers and distributors, online, and stores. On Holding AG was founded in 2010 and is headquartered in Zurich, Switzerland.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the ONON straddle is the cleanest expression of that view. Our scanner prices every ONON straddle against historical realized moves, flags expirations where the market is overpaying or underpaying for vol, and ranks setups by breakeven width and IV rank. Whether you're long a ONON straddle into a catalyst or short a ONON straddle to harvest decay, the options straddle setups that matter are all in one place.
