Option traders moderately bearish in Hims and Hers Health (HIMS), with shares down 66c near $18.71. Options volume relatively light with 87k contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 0.45. Implied volatility (IV30) is higher by 0.8 points near 85.32,and below the 52wk median, suggesting an expected daily move of $1.01. Put-call skew steepened, indicating increased demand for downside protection.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HIMS:
- Hims & Hers price target lowered to $23 from $25 at TD Cowen
- Buy Rating on Hims & Hers: Undervalued Growth Leveraging Novo Nordisk GLP-1 Partnership and Scale Advantages
- HIMS Stock Slides after Wegovy Subscription Launch; BofA Sees 31% Drop in GLP-1 Franchise
- Private Markets: OpenAI raises additional $10B funding
- Hims & Hers GLP-1 subscription fee slightly higher than expected, says BofA