Bullish option flow detected in On Holding AG with 22,204 calls trading, 6x expected, and implied vol increasing almost 9 points to 58.05%. Feb-24 32.5 calls and Mar-24 32.5 calls are the most active options, with total volume in those strikes near 12,700 contracts. The Put/Call Ratio is 0.14. Earnings are expected on March 19th.
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