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Hims and Hers Health call volume above normal and directionally bullish

Bullish option flow detected in Hims and Hers Health with 66,845 calls trading, 1.7x expected, and implied vol increasing over 4 points to 104.04%. 7/25 weekly 53 calls and 7/25 weekly 55 calls are the most active options, with total volume in those strikes near 14,100 contracts. The Put/Call Ratio is 0.64. Earnings are expected on August 4th.

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