Investors with a lot of money to spend have taken a bullish stance on Ondas (NASDAQ:ONDS).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ONDS, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 9 options trades for Ondas.
This isn't normal.
The overall sentiment of these big-money traders is split between 44% bullish and 33%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $1,098,000, and 8, calls, for a total amount of $392,220.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $5.0 and $20.0 for Ondas, spanning the last three months.
Volume & Open Interest Trends
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Ondas's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Ondas's substantial trades, within a strike price spectrum from $5.0 to $20.0 over the preceding 30 days.
Ondas 30-Day Option Volume & Interest Snapshot
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ONDS | PUT | TRADE | BEARISH | 09/18/26 | $11.0 | $10.9 | $10.98 | $20.00 | $1.0M | 6.7K | 2.0K |
| ONDS | CALL | SWEEP | BULLISH | 01/15/27 | $3.5 | $3.4 | $3.5 | $15.00 | $134.7K | 20.1K | 814 |
| ONDS | CALL | TRADE | BULLISH | 06/18/26 | $2.86 | $2.61 | $2.78 | $11.00 | $69.5K | 4.7K | 345 |
| ONDS | CALL | TRADE | BEARISH | 01/15/27 | $3.5 | $3.45 | $3.45 | $15.00 | $34.5K | 20.1K | 429 |
| ONDS | CALL | TRADE | BULLISH | 06/18/26 | $1.71 | $1.66 | $1.71 | $15.00 | $34.2K | 21.1K | 259 |
About Ondas
Ondas Inc designs, develops, manufactures, sells, and supports FullMAX Software Defined Radio (SDR) technology in the United States, Israel, and India. The company operates in two business segments namely Ondas Networks and Ondas Autonomous Systems. The company generates maximum revenue from Ondas Autonomous Systems through the sales of the Optimus system and separately priced support, maintenance, and ancillary services related to the sale of the Optimus system.
Having examined the options trading patterns of Ondas, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Current Position of Ondas
- With a volume of 26,717,860, the price of ONDS is up 0.19% at $10.38.
- RSI indicators hint that the underlying stock may be approaching oversold.
- Next earnings are expected to be released in 37 days.
What The Experts Say On Ondas
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $18.8.
- Consistent in their evaluation, an analyst from Oppenheimer keeps a Outperform rating on Ondas with a target price of $16.
- An analyst from Needham persists with their Buy rating on Ondas, maintaining a target price of $17.
- Maintaining their stance, an analyst from HC Wainwright & Co. continues to hold a Buy rating for Ondas, targeting a price of $25.
- Maintaining their stance, an analyst from Stifel continues to hold a Buy rating for Ondas, targeting a price of $17.
- An analyst from Lake Street has decided to maintain their Buy rating on Ondas, which currently sits at a price target of $19.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics.
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