Bullish option flow detected in Hims and Hers Health with 15,308 calls trading, 1.7x expected, and implied vol increasing over 3 points to 82.16%. Aug-24 23 calls and Aug-24 19 calls are the most active options, with total volume in those strikes near 9,600 contracts. The Put/Call Ratio is 0.25. Earnings are expected on August 5th.
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Read More on HIMS:
- Hims and Hers Health call volume above normal and directionally bullish
- Hims & Hers price target raised to $26 from $22 at BofA
- Hims & Hers price target raised to $22 from $17.25 at BofA
- Unusually active option classes on open May 31st
- Hims & Hers price target raised to $26 from $24 at Seaport Research