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Moderately bullish activity in Hims and Hers Health with shares up 5.59%

Moderately bullish activity in Hims and Hers Health (HIMS), with shares up $3.06, or 5.59%, near $57.94. Options volume running well above average with 111k contracts traded and calls leading puts for a put/call ratio of 0.36, compared to a typical level near 0.65. Implied volatility (IV30) is higher by 0.8 points near 89.28,and below the 52wk median, suggesting an expected daily move of $3.26. Put-call skew steepened, indicating increased demand for downside protection.

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