Moderately bullish activity in Hims and Hers Health with shares up 1.66%

Moderately bullish activity in Hims and Hers Health (HIMS), with shares up 52c, or 1.66%, near $32.12. Options volume running well above average with 43k contracts traded and calls leading puts for a put/call ratio of 0.91, compared to a typical level near 0.57. Implied volatility (IV30) dropped 0.11 near 94.75,and above the 52wk median, suggesting an expected daily move of $1.92. Put-call skew flattened, suggesting a modestly bullish tone.The company will report earnings after the close today. Option markets are pricing in a 50% probability of a move greater than 15.52% or $4.98.