So, there's this company called On Holding that makes clothes, shoes, and stuff for sports people. Some people who buy and sell parts of the company, which are called options, did some unusual things recently. This made people pay attention to what might happen with the company's value in the future. Read from source...

1. The article does not provide any clear definition or explanation of what constitutes "unusual options activity" and how it is measured or detected. This makes the reader question the credibility and validity of the claims made in the title. A more precise and transparent methodology should be employed to determine what counts as unusual options activity for a given stock.
2. The article focuses mostly on the volume and open interest data, but does not provide any context or analysis of how these indicators relate to the underlying fundamentals, valuation, or outlook of On Holding. This leaves the reader with an incomplete picture of what drives the options market for this company and why it might be relevant or interesting to investors. A more comprehensive approach that includes other factors such as earnings, revenue, growth, margins, etc. would be more informative and useful.
3. The article does not explain the difference between calls and puts, nor how they are used by traders to express their views or strategies on On Holding's stock price. This is a basic concept in options trading that should be clarified for readers who may not be familiar with these terms or concepts. A brief introduction or summary would help readers understand the meaning and implications of the data presented in the article.
4. The article does not provide any evidence or reasoning to support its claim that there is a "major market mover" focusing on a price band between $22.5 and $45.0 for On Holding. This statement seems arbitrary and unsubstantiated, as it does not indicate who this market mover is, what their motives or objectives are, or how they are influencing the options market. A more detailed analysis that identifies and justifies the source and impact of this market mover would be more convincing and informative.
5. The article does not offer any guidance or recommendations on how to trade or invest in On Holding's options based on the data presented in the article. This leaves the reader with no actionable insights or suggestions on how to profit from or hedge against the perceived unusual options activity for this stock. A more practical and useful section that provides some examples or tips on how to implement various option strategies or tactics would be more valuable and engaging.

Based on the information provided, it seems that On Holding is a company with strong growth potential and innovative products in the sports market. The unusual options activity indicates high levels of interest from both institutional and retail investors, which could drive up the stock price in the near future. However, there are also some risks to consider, such as increased competition, changes in consumer preferences, and regulatory uncertainties.

As an AI assistant, I would recommend that you conduct further research on On Holding's financial performance, competitive advantages, and market position before making any investment decisions. You should also monitor the news and updates related to the company and its industry to stay informed of any developments that could affect your portfolio. Additionally, you may want to consult with a professional financial advisor or broker who can provide personalized advice based on your risk tolerance and investment objectives.

In summary, On Holding is a promising growth company in the sports market, but it also comes with inherent risks that should be carefully evaluated before making any investments. I hope this information helps you make an informed decision about your portfolio strategy.