Financial giants have made a conspicuous bearish move on Hims & Hers Health. Our analysis of options history for Hims & Hers Health HIMS revealed 8 unusual trades.
Delving into the details, we found 37% of traders were bullish, while 62% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $313,000, and 4 were calls, valued at $186,050.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $11.0 and $30.0 for Hims & Hers Health, spanning the last three months.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Hims & Hers Health options trades today is 839.57 with a total volume of 4,821.00.
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 $11.0 to $30.0 over the last 30 days.
Hims & Hers Health Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HIMS | PUT | SWEEP | BEARISH | 01/17/25 | $0.85 | $0.8 | $0.84 | $11.00 | $117.8K | 142 | 3.0K |
| HIMS | PUT | SWEEP | BEARISH | 01/17/25 | $5.4 | $5.1 | $5.4 | $20.00 | $107.9K | 653 | 200 |
| HIMS | CALL | TRADE | BULLISH | 07/18/25 | $3.4 | $3.3 | $3.4 | $20.00 | $55.0K | 753 | 162 |
| HIMS | CALL | TRADE | BEARISH | 01/16/26 | $2.65 | $2.6 | $2.6 | $30.00 | $52.0K | 991 | 208 |
| HIMS | PUT | SWEEP | BEARISH | 01/17/25 | $2.35 | $2.3 | $2.35 | $15.00 | $47.0K | 1.6K | 900 |
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.
In light of the recent options history for Hims & Hers Health, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is Hims & Hers Health Standing Right Now?
- With a trading volume of 3,006,014, the price of HIMS is up by 1.31%, reaching $16.18.
- Current RSI values indicate that the stock is may be oversold.
- Next earnings report is scheduled for 83 days from now.
What The Experts Say On Hims & Hers Health
A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $21.333333333333332.
- Maintaining their stance, an analyst from Truist Securities continues to hold a Hold rating for Hims & Hers Health, targeting a price of $23.
- An analyst from Deutsche Bank has decided to maintain their Hold rating on Hims & Hers Health, which currently sits at a price target of $23.
- An analyst from Piper Sandler has revised its rating downward to Neutral, adjusting the price target to $18.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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