Mixed options sentiment in Hims and Hers Health (HIMS), with shares up $5.17, or 9.56%, near $59.19. Options volume roughly in line with average with 154k contracts traded and calls leading puts for a put/call ratio of 0.38, compared to a typical level near 0.79. Implied volatility (IV30) dropped 3.8 near 112.22,in the top quartile of the past year, suggesting an expected daily move of $4.18. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Hims and Hers Health (HIMS) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HIMS:
- Hims & Hers’ menopause offering expands addressable market, says BofA
- Hims & Hers launches menopause and perimenopause specialty
- Option traders moderately bearish in Hims and Hers Health with shares down 1.29%
- Mixed options sentiment in Hims and Hers Health with shares up 1.3%
- Option traders moderately bearish in Hims and Hers Health with shares down 5.36%