Option traders moderately bearish in Hims and Hers Health (HIMS), with shares down 80c near $29.48. Options volume relatively light with 63k contracts traded and calls leading puts for a put/call ratio of 0.4, compared to a typical level near 0.63. Implied volatility (IV30) is higher by 0.7 points near 83.91,and below the 52wk median, suggesting an expected daily move of $1.56. Put-call skew steepened, indicating increased demand for downside protection.
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