Mixed options sentiment in Hims and Hers Health (HIMS), with shares up $1.25, or 2.49%, near $51.72. Options volume relatively light with 114k contracts traded and calls leading puts for a put/call ratio of 0.77, compared to a typical level near 0.72. Implied volatility (IV30) dropped 0.61 near 102.06,and above the 52wk median, suggesting an expected daily move of $3.32. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Hims and Hers Health (HIMS) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HIMS:
- Hims & Hers (HIMS) Faces Legal Storm Post Novo Nordisk Breakup
- With Hims & Hers Health Stock (HIMS) Up 108%, Let’s Look at Who Owns It
- Is Hims & Hers (HIMS) Stock a Buy After the Recent Pullback? Here’s What Analysts Say
- Hims & Hers app downloads negative y/y in June, says Morgan Stanley
- Hims & Hers Health: Hold Rating Amidst Declining App Downloads and Slowing Web Traffic Growth