Moderately bullish activity in Hims and Hers Health with shares down 2.75%

Moderately bullish activity in Hims and Hers Health (HIMS), with shares down $1.52 near $53.98. Options volume roughly in line with average with 147k contracts traded and calls leading puts for a put/call ratio of 0.51, compared to a typical level near 0.61. Implied volatility (IV30) is higher by 1.9 points near 81.86,in the bottom quartile of the past year, suggesting an expected daily move of $2.78. Put-call skew flattened, suggesting a modestly bullish tone.