Investors with a lot of money to spend have taken a bearish stance on ON Semiconductor (NASDAQ:ON).
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 ON, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 20 options trades for ON Semiconductor.
This isn't normal.
The overall sentiment of these big-money traders is split between 10% bullish and 90%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $35,100, and 19, calls, for a total amount of $2,995,325.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $68.0 to $75.0 for ON Semiconductor during the past quarter.
Volume & Open Interest Development
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for ON Semiconductor's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across ON Semiconductor's significant trades, within a strike price range of $68.0 to $75.0, over the past month.
ON Semiconductor Option Activity Analysis: Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ON | CALL | SWEEP | BEARISH | 06/20/25 | $10.75 | $9.9 | $10.75 | $75.00 | $537.5K | 1.1K | 2.0K |
| ON | CALL | SWEEP | BEARISH | 06/20/25 | $10.8 | $10.75 | $10.75 | $75.00 | $306.3K | 1.1K | 2.2K |
| ON | CALL | SWEEP | BEARISH | 06/20/25 | $10.95 | $10.75 | $10.75 | $75.00 | $271.9K | 1.1K | 1.1K |
| ON | CALL | SWEEP | BEARISH | 06/20/25 | $11.85 | $10.75 | $10.75 | $75.00 | $193.5K | 1.1K | 1.1K |
| ON | CALL | SWEEP | BEARISH | 06/20/25 | $10.8 | $10.75 | $10.75 | $75.00 | $183.8K | 1.1K | 2.4K |
About ON Semiconductor
Onsemi is a supplier of power semiconductors and sensors focused on the automotive and industrial markets. Onsemi is the second-largest power chipmaker in the world and the largest supplier of image sensors to the automotive market. While the firm used to be highly vertically integrated, it now pursues a hybrid manufacturing strategy for flexible capacity. Onsemi is pivoting to focus on emerging applications like electric vehicles, autonomous vehicles, industrial automation, and renewable energy.
ON Semiconductor's Current Market Status
- Trading volume stands at 442,803, with ON's price up by 1.59%, positioned at $71.49.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 41 days.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest ON Semiconductor options trades with real-time alerts from Benzinga Pro.