Moderately bullish activity in Hims and Hers Health with shares up 3.78%

Moderately bullish activity in Hims and Hers Health (HIMS), with shares up 87c, or 3.78%, near $23.91. Options volume relatively light with 58k contracts traded and calls leading puts for a put/call ratio of 0.42, compared to a typical level near 0.44. Implied volatility (IV30) dropped 3.91 near 72.89,in the bottom quartile of the past year, suggesting an expected daily move of $1.10. Put-call skew flattened, suggesting a modestly bullish tone.