Spotlight on Hims & Hers Health: Analyzing the Surge in Options Activity

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Financial giants have made a conspicuous bearish move on Hims & Hers Health. Our analysis of options history for Hims & Hers Health HIMS revealed 9 unusual trades.

Delving into the details, we found 11% of traders were bullish, while 66% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $139,520, and 5 were calls, valued at $233,968.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $15.0 and $37.0 for Hims & Hers Health, spanning the last three months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. 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 trades within a strike price range from $15.0 to $37.0 in the last 30 days.

Hims & Hers Health Option Activity Analysis: Last 30 Days

Options Call Chart

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
HIMS CALL TRADE BEARISH 01/17/25 $3.0 $2.85 $2.9 $28.00 $72.7K 3.2K 12
HIMS CALL SWEEP NEUTRAL 02/21/25 $5.8 $5.6 $5.6 $27.00 $56.0K 793 210
HIMS CALL SWEEP BEARISH 02/21/25 $2.25 $2.2 $2.2 $35.00 $44.0K 3.8K 294
HIMS PUT SWEEP BEARISH 02/21/25 $4.1 $4.0 $4.14 $30.00 $40.9K 478 1.5K
HIMS PUT SWEEP BEARISH 02/21/25 $4.2 $4.0 $4.16 $30.00 $39.9K 478 1.2K

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 4,915,986, the price of HIMS is down by -0.18%, reaching $28.1.
  • Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
  • Next earnings report is scheduled for 60 days from now.

Professional Analyst Ratings for Hims & Hers Health

In the last month, 2 experts released ratings on this stock with an average target price of $40.0.

Turn $1000 into $1270 in just 20 days?

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 Morgan Stanley downgraded its rating to Overweight, setting a price target of $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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