01 - Set the oven to 400°F and prepare to roast.
02 - Line a large baking sheet with parchment paper or grease it lightly to prevent sticking.
03 - Place the sliced onion rounds in a single layer on the prepared baking sheet.
04 - Drizzle olive oil and melted butter evenly over the onions, then sprinkle with salt, black pepper, and thyme.
05 - Roast in the oven for 30 to 35 minutes, turning the onions halfway through, until golden brown and caramelized at the edges.
06 - If desired, drizzle balsamic vinegar over the onions during the last 5 minutes of roasting to enhance flavor.
07 - Serve immediately while hot as a flavorful side or topping.