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Hims and Hers Health put volume heavy and directionally bearish

Bearish flow noted in Hims and Hers Health with 3,052 puts trading, or 1.5x expected. Most active are Oct-24 14 puts and Nov-24 24 calls, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 2.44, while ATM IV is up over 1 point on the day. Earnings are expected on November 4th.

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