Hims and Hers Health Shares Rise 11.29%
Moderately bullish activity in Hims and Hers Health (HIMS), with shares up $2.65, or 11.29%, near $26.12. Options volume nearly triple the daily average with 301k contracts traded and calls leading puts for a put/call ratio of 0.48, compared to a typical level near 0.53. Implied volatility (IV30) is higher by 4.3 points near 101.45,and above the 52wk median, suggesting an expected daily move of $1.67. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Neutral at BofA.
