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On Holding AG call volume above normal and directionally bullish

Bullish option flow detected in On Holding (ONON) AG with 5,784 calls trading, 1.0x expected, and implied vol increasing over 4 points to 63.04%. Nov-25 37 calls and Nov-25 43 calls are the most active options, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 0.36. Earnings are expected on November 12th.

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