Shares of ONDS have experienced a notable rally in early August 2025, with investors showing strong buying interest ahead of the company's earnings report scheduled for August 14. Market activity indicates a high volume of call options being purchased, with put/call ratios reflecting a bullish sentiment. ONDS stock has risen approximately 40% over the past few weeks, driven in part by positive news related to drone developments from the White House and connections to PLTR. Investors have targeted a price level of $3.40, viewing the stock as undervalued compared to its long-term potential. The largest open interest position in September $1.50 calls was established when the stock was trading below $1 in late April, signaling early confidence in the stock's upside. Overall, the trading pattern suggests continued momentum and optimism among market participants for ONDS.