Well, no one knows philosophical nomenclature better than philosophers, so you're asking a good question.
You ask:
Why is deontological ethics the opposite of teleological ethics and not "ontological" ethics
This is technically an etymological question, so let's see what Etymonline.com has to say!
Ontology, is the study of the existence of things, and the word 'ontology' traces it's root back to the Greek 'ontos'. From etymonline.com's corresponding article:
"the metaphysical science or study of being and the essence of things," 1660s (Gideon Harvey), from Modern Latin ontologia (c. 1600); see onto- + -logy. Related: Ontologist.
Deontology, is the study of the ethical obligations, and the word 'deontology' traces it's root back to the Greek 'deon'. From etymonline.com's corresponding article:
"science of moral duty, ethics," 1817, from Greek deont-, combining form of deon "that which is binding, duty" (neuter present participle of dei "is binding") + -ology. Said to have been coined by Bentham, but it is used in a wider sense than he intended it. Related: Deontological.
So, here then we learn a valuable lesson. Sometimes apparent orthographical similiarties are actually coincidences, and do not entail morphological relationships. That is, the concepts aren't opposites, because the Greek words that we borrowed into English aren't opposites. They only seem like it.