Option Greeks measure how On Holding AG (ONON) option prices respond to changes in the stock price (delta and gamma), the passage of time (theta), implied volatility (vega), and interest rates (rho). These charts plot each Greek by strike, so you can see where an expiration's price risk, time decay, and volatility exposure are concentrated. ONON implied volatility is in the upper part of its one-year range, which spreads delta and gamma over a wider range of strikes than usual.
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ONON Option Greeks FAQ
What are option Greeks?
Option Greeks measure how an option's price responds to changes in the stock price (delta and gamma), time (theta), implied volatility (vega), and interest rates (rho).
How do I read the ONON Greeks charts?
Gamma, theta, and vega are largest for strikes near the On Holding AG stock price and shrink for strikes far above or below it. Theta grows as expiration gets closer, while vega is larger for expirations further out. Call delta runs from 0 to 1 and put delta from -1 to 0, near 0.50 and -0.50 at the money, and roughly estimates the chance that an option finishes in the money.
How does implied volatility affect ONON's Greeks?
On Holding AG IV rank is 65, so implied volatility is in the upper part of its one-year range. Higher implied volatility raises option premiums and daily time decay (theta), and spreads delta and gamma across a wider range of strikes. Over the past year, 30-day implied volatility ranged from 36.8% to 67.8%. See the ONON implied volatility history for a longer view.
How much gamma and delta do ONON options carry in total?
Across all open On Holding AG options on Nov 4, 2026, net gamma exposure was $3.99M and net delta exposure was $250.81M per 1% move in the stock. The ONON gamma exposure chart shows where that gamma sits by strike.
What is On Holding AG?
Founded in Switzerland in 2010, sportswear firm On Holding generates more than 90% of its sales from athletic shoes.