Investors with a lot of money to spend have taken a bullish stance on Hims & Hers Health HIMS.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with HIMS, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 17 uncommon options trades for Hims & Hers Health.
This isn't normal.
The overall sentiment of these big-money traders is split between 47% bullish and 29%, bearish.
Out of all of the special options we uncovered, 5 are puts, for a total amount of $219,978, and 12 are calls, for a total amount of $781,205.
What's The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $17.0 to $30.0 for Hims & Hers Health during the past quarter.
Volume & Open Interest Trends
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Hims & Hers Health's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Hims & Hers Health's whale activity within a strike price range from $17.0 to $30.0 in the last 30 days.
Hims & Hers Health Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HIMS | CALL | TRADE | BULLISH | 05/16/25 | $3.9 | $3.75 | $3.9 | $30.00 | $139.2K | 1.1K | 384 |
| HIMS | CALL | SWEEP | BULLISH | 02/21/25 | $3.95 | $3.9 | $3.95 | $25.00 | $130.3K | 3.3K | 648 |
| HIMS | PUT | SWEEP | BEARISH | 01/17/25 | $2.93 | $2.76 | $2.8 | $27.00 | $86.3K | 5.4K | 787 |
| HIMS | CALL | SWEEP | BEARISH | 07/18/25 | $5.4 | $5.25 | $5.4 | $30.00 | $75.6K | 3.1K | 230 |
| HIMS | CALL | SWEEP | NEUTRAL | 07/18/25 | $4.85 | $4.75 | $4.75 | $30.00 | $66.5K | 3.1K | 491 |
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.
Having examined the options trading patterns of Hims & Hers Health, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Hims & Hers Health's Current Market Status
- Trading volume stands at 6,096,821, with HIMS's price down by -1.89%, positioned at $24.93.
- RSI indicators show the stock to be may be approaching oversold.
- Earnings announcement expected in 42 days.
What The Experts Say On Hims & Hers Health
In the last month, 5 experts released ratings on this stock with an average target price of $31.4.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Consistent in their evaluation, an analyst from Needham keeps a Buy rating on Hims & Hers Health with a target price of $31. * In a cautious move, an analyst from Morgan Stanley downgraded its rating to Overweight, setting a price target of $42. * In a cautious move, an analyst from Citigroup downgraded its rating to Sell, setting a price target of $25. * In a cautious move, an analyst from BTIG downgraded its rating to Buy, setting a price target of $35. * Maintaining their stance, an analyst from Piper Sandler continues to hold a Neutral rating for Hims & Hers Health, targeting a price of $24.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Hims & Hers Health options trades with real-time alerts from Benzinga Pro.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
