Whales with a lot of money to spend have taken a noticeably bullish stance on Hims & Hers Health ( HIMS ).

Looking at options history for Hims & Hers Health ( HIMS ) we detected 12 trades.

If we consider the specifics of each trade, it is accurate to state that 58% of the investors opened trades with bullish expectations and 41% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $56,370 and 10, calls, for a total amount of $1,326,341.

Predicted Price Range

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $3.0 and $60.0 for Hims & Hers Health ( HIMS ), spanning the last three months.

Insights into Volume & Open Interest

In today's trading context, the average open interest for options of Hims & Hers Health ( HIMS ) stands at 1735.67, with a total volume reaching 1,252.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Hims & Hers Health ( HIMS ), situated within the strike price corridor from $3.0 to $60.0, throughout the last 30 days.

Hims & Hers Health Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:

About Hims & Hers Health

Hims & Hers Health Inc ( HIMS ) 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, haircare and more.

After a thorough review of the options trading surrounding Hims & Hers Health ( HIMS ), we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Present Market Standing of Hims & Hers Health

Trading volume stands at 4,420,543, with HIMS's price down by -1.84%, positioned at $55.29.

RSI indicators show the stock to be is currently neutral between overbought and oversold.

Earnings announcement expected in 56 days.

Expert Opinions on Hims & Hers Health

1 market experts have recently issued ratings for this stock, with a consensus target price of $65.0.

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* An analyst from Needham persists with their Buy rating on Hims & Hers Health ( HIMS ), maintaining a target price of $65.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Hims & Hers Health ( HIMS ) options trades with real-time alerts from Benzinga Pro.