Whales with a lot of money to spend have taken a noticeably bullish stance on Hims & Hers Health.
Looking at options history for Hims & Hers Health HIMS we detected 18 trades.
If we consider the specifics of each trade, it is accurate to state that 38% of the investors opened trades with bullish expectations and 38% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $190,885 and 14, calls, for a total amount of $717,577.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $20.0 to $40.0 for Hims & Hers Health over the last 3 months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Hims & Hers Health options trades today is 3348.53 with a total volume of 3,552.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Hims & Hers Health's big money trades within a strike price range of $20.0 to $40.0 over the last 30 days.
Hims & Hers Health Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HIMS | CALL | SWEEP | BULLISH | 05/16/25 | $8.4 | $8.2 | $8.4 | $32.00 | $167.8K | 756 | 4 |
| HIMS | CALL | SWEEP | NEUTRAL | 01/17/25 | $3.2 | $3.1 | $3.15 | $35.00 | $81.4K | 10.0K | 502 |
| HIMS | CALL | SWEEP | BEARISH | 12/20/24 | $7.0 | $6.9 | $6.9 | $25.00 | $60.0K | 4.0K | 134 |
| HIMS | PUT | TRADE | BEARISH | 12/20/24 | $2.95 | $2.8 | $2.9 | $33.00 | $58.0K | 261 | 404 |
| HIMS | CALL | SWEEP | BULLISH | 01/17/25 | $2.8 | $2.6 | $2.8 | $35.00 | $56.0K | 10.0K | 780 |
About Hims & Hers Health
Hims & Hers Health Inc is a multi-specialty telehealth platform that connects consumers to licensed healthcare professionals, enabling them to access high-quality medical care for numerous conditions related to mental health, sexual health, dermatology, primary care, and more.
Following our analysis of the options activities associated with Hims & Hers Health, we pivot to a closer look at the company's own performance.
Where Is Hims & Hers Health Standing Right Now?
- With a volume of 9,060,598, the price of HIMS is up 1.63% at $31.76.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 69 days.
What The Experts Say On Hims & Hers Health
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $36.0.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * In a cautious move, an analyst from TD Cowen downgraded its rating to Buy, setting a price target of $28. * An analyst from Morgan Stanley has revised its rating downward to Overweight, adjusting the price target to $42. * Maintaining their stance, an analyst from Canaccord Genuity continues to hold a Buy rating for Hims & Hers Health, targeting a price of $38.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Hims & Hers Health, Benzinga Pro gives you real-time options trades alerts.
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