---
title: "Trending | ONDS Plummets 5% last Friday, Some Put options Soar 1900%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286712844.md"
description: "On May 15, Eastern Time, Ondas options saw a total of 438413 contracts traded, with calls accounting for 75% and puts making up 24%."
datetime: "2026-05-18T04:23:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286712844.md)
  - [en](https://longbridge.com/en/news/286712844.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286712844.md)
---

# Trending | ONDS Plummets 5% last Friday, Some Put options Soar 1900%

On May 15, Eastern Time, Ondas options saw a total of 438413 contracts traded, with calls accounting for 75% and puts making up 24%.

Ondas has 1852583 contracts outstanding, with calls accounting for 66% and puts making up 33%.

The top volume gainer was the 12 dollars Call option expiring on May 22, 2026, with 20143 contracts traded.

On the news front, Based on recent key news:

1\. May 15, Ondas announced a significant increase in first-quarter revenue, surpassing analyst predictions and company guidance, which initially boosted trading activity. However, concerns over adjusted EBITDA losses and strategic expansion risks led to a pullback in stock price.

2\. May 15, analysts maintained a strong buy rating with price targets ranging from $18 to $23, reflecting optimism despite execution risks and stretched valuation.

3\. May 16, improving profitability metrics and a strong balance sheet position Ondas well for future acquisitions, yet the stock remains volatile due to integration challenges and high sales multiples.Defense tech sector sees growth; risks remain.

Please note: The chart below does not include options expiring within five days.

![image](https://assets.lbctrl.com/h5hub/optrank/images/2026-05-18/ST_US_ONDS_en.png)

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