Bullish option flow detected in Hims and Hers Health with 27,227 calls trading, 7x expected, and implied vol increasing over 8 points to 79.87%. Feb-25 20 calls and Oct-24 21 calls are the most active options, with total volume in those strikes near 7,300 contracts. The Put/Call Ratio is 0.58. Earnings are expected on November 4th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HIMS:
- Hims and Hers Health call volume above normal and directionally bullish
- Hims & Hers to offer GLP-1 subscriptions for $99 a month to certain groups
- Hims & Hers price target lowered to $20 from $24 at BofA
- Unusually active option classes on open September 10th
- Hims & Hers files automatic mixed securities shelf