ON (ON) options memo

The Read

The Read is generated on demand from the live tape.

Key numbers

• Spot: $73.36
• Lean: neutral
• Nearest expiry: Fri 8/28
• Implied move: 3.0%
• ATM implied volatility: 57.1%
• Max pain: $79.00
• Pin strike: $81.00
• Dealer positioning: LONG GAMMA
• Call wall: $79.00
• Put wall: $75.00
• Put/call open interest: 0.458