ONON Max Pain
ONON Max Pain by Expiry
The Max Pain for all expiration dates of ONON.
| Expiration | Max Pain | Max Pain vs Current Price |
|---|---|---|
ONON Max Pain FAQ
What is max pain?
Max pain is the price where the total value of all open calls and puts would be lowest at expiration, so option buyers as a group would lose the most. Some traders watch it as a level the stock may drift toward near expiration, because option sellers, often market makers, hedge their positions in ways that can pull the price toward heavily traded strikes. It is a theory, not a guarantee.
What is ONON max pain this week?
As of the Nov 4, 2026 close, max pain for On Holding AG options about one week from expiration was $35.57. The chart above shows the exact max pain for each expiration date.
Does ONON trade above or below its max pain?
On Holding AG closed above its near-term max pain on 13 of the last 20 trading days. On Nov 4, 2026 it closed at $38.61, 8.5% above max pain of $35.57.
How has ONON max pain changed recently?
Over the last 20 trading days, near-term max pain for On Holding AG ranged from $28.00 to $35.57. It went from $28.29 on Oct 8, 2026 to $35.57 on Nov 4, 2026. See the ONON max pain history for a longer view.
What is On Holding AG?
Founded in Switzerland in 2010, sportswear firm On Holding generates more than 90% of its sales from athletic shoes.