Options flow in Oddity Tech Ltd. accelerated sharply on Wednesday morning, reaching 8,997 contracts by 10:31 a.m. New York time, according to exchange data compiled by Bloomberg.
Call options made up the vast majority of the activity, totaling 8,843 contracts, while put options were limited to 154 contracts. One contract series dominated the session: the October 16, 2026 $35 call, which represented 8,308 contracts. Open interest on that particular call was recorded at 8,783 contracts as of June 30.
Shares of Oddity Tech responded with an 11.2% gain, trading at $16.83 during the same period.
Market measures tied to short-term expected movement also shifted. The company’s three-month volatility rose by 3.97 percentage points to 96.71%. In addition, the three-month 90/110 skew increased by 3.73 percentage points to 6.91 percentage points.
Context and implications
The trading session featured a concentrated concentration of call buying, with one October call series accounting for the lion’s share of contracts exchanged. That concentration is reflected in the high open interest reported for the $35 October 2026 strike as of June 30. At the same time, spot shares advanced by double digits intraday, and short-term option-implied volatility and skew measures moved higher.
What happened - at a glance
- Total option contracts traded: 8,997 by 10:31 a.m. New York time on Wednesday.
- Calls versus puts: 8,843 calls and 154 puts.
- Largest single series: October 16, 2026 $35 call with 8,308 contracts; open interest 8,783 as of June 30.
- Share price move: up 11.2% to $16.83.
- Volatility and skew: three-month volatility +3.97 percentage points to 96.71%; three-month 90/110 skew +3.73 percentage points to 6.91 percentage points.
The data reflect a concentrated options position and heightened short-term price uncertainty. Market participants and liquidity providers monitoring Oddity Tech will note the lopsided call-to-put ratio and the elevated open interest at a single strike when assessing potential hedging flows and gamma exposure in the underlying equity.