Mixed options sentiment in Hims and Hers Health (HIMS), with shares down 21c near $31.17. Options volume running well above average with 104k contracts traded and calls leading puts for a put/call ratio of 0.55, compared to a typical level near 0.68. Implied volatility (IV30) is higher by 3.0 points near 66.62,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.31. Put-call skew steepened, indicating increased demand for downside protection.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HIMS:
- UAA, MARA, HIMS: The 10 Most Shorted Stocks in the Market
- Bullish flow in Hims and Hers Health with shares up 0.41%
- Netflix initiated, Palantir upgraded: Wall Street’s top analyst calls
- Hims & Hers initiated with an In Line at Evercore ISI
- Morning News Wrap-Up: Thursday’s Biggest Stock Market Stories!