--- title: "Trending | ONON Plummets 20% on Tuesday, Some Put options Soar 4300%" type: "News" locale: "en" url: "https://longbridge.com/en/news/295611609.md" description: "On August 11, Eastern Time, On Holding AG options saw a total of 63142 contracts traded, with calls accounting for 56% and puts making up 43%." datetime: "2026-08-12T04:16:52.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295611609.md) - [en](https://longbridge.com/en/news/295611609.md) - [zh-HK](https://longbridge.com/zh-HK/news/295611609.md) --- # Trending | ONON Plummets 20% on Tuesday, Some Put options Soar 4300% On August 11, Eastern Time, On Holding AG options saw a total of 63142 contracts traded, with calls accounting for 56% and puts making up 43%. On Holding AG has 285209 contracts outstanding, with calls accounting for 53% and puts making up 46%. The top volume gainer was the 38 dollars Put option expiring on August 14, 2026, with 2569 contracts traded. On the news front, ONON.US dropped 20% to $30.91 on Tuesday as volume hit 43.97M shares. The plunge triggered heavy derivatives trading, with select put options soaring 4300%. Please note: The chart below does not include options expiring within five days. ![image](https://assets.lbctrl.com/h5hub/optrank/images/2026-08-12/ST_US_ONON_en.png) ### Related Stocks - [ONON.US](https://longbridge.com/en/quote/ONON.US.md) ## Related News & Research - [On Holding Analysts Slash Their Forecasts After Q2 Results](https://longbridge.com/en/news/295668916.md) - [Married Puts: The FOMO-Proof Way to Play OVV, ONON, and FCX’s Unusually Active Options](https://longbridge.com/en/news/295830613.md) - [Eye On Growth: Olivier Bernhard Adds $1.99M Of On Holding Stock To Portfolio](https://longbridge.com/en/news/296123723.md) - [The Slow-Motion Memecoin: Why Nike’s Multi-Year Unwind Is Taking So Long to Fix](https://longbridge.com/en/news/296137471.md) - [Strong Sales Growth in China Supports Big Store Strategy, Swiss Sportswear Brand On Says](https://longbridge.com/en/news/295671218.md)