Bullish option flow detected in On Holding AG with 19,264 calls trading, 7x expected, and implied vol increasing over 11 points to 61.93%. Jul-23 35 calls and Jul-23 36 calls are the most active options, with total volume in those strikes near 7,700 contracts. The Put/Call Ratio is 0.11. Earnings are expected on August 15th.
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