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Hims and Hers Health put volume heavy and directionally bearish

Bearish flow noted in Hims and Hers Health with 4,810 puts trading, or 1.6x expected. Most active are Jan-25 11 puts and Jan-25 15 puts, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 1.59, while ATM IV is up over 1 point on the day. Earnings are expected on November 4th.

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