HIMS Options History — March 2022

In March 2022, HIMS traded between $3.88 and $5.36. ATM implied volatility averaged 87.3%, placing in the 51.1% IV rank vs the trailing year. The 30-day expected move averaged 26.5%. IV traded below realized volatility by 10.9% (HV 20d: 98.2%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 0.88.

Notable Days

  • 2022-03-14: Highest Volume — 4,878 contracts
  • 2022-03-07: Largest IV spike — 23.0% change
  • 2022-03-07: Highest IV Rank — 71.7%
  • 2022-03-11: Largest Expected Move — 33.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.87$3.88$5.36$5.04$5.36
Max Pain$4.02$2.50$5.00$2.50$5.00
ATM IV87.3%72.8%114.0%95.4%81.3%
Expected Move26.5%23.4%33.2%27.3%23.4%
HV 20d98.2%82.6%114.6%82.6%95.6%
HV 60d84.7%79.9%87.9%79.9%86.1%
IV Rank51.1%34.7%71.7%52.0%45.9%
IV Percentile66.9%33.3%96.8%85.3%53.6%
Term Structure0.6%-9.7%11.4%-9.7%0.8%
VWIV92.1%79.9%116.1%95.4%81.1%
Skew 25d-6.4%-21.6%9.4%-12.2%-3.8%
Skew 10d-7.4%-34.7%31.2%-29.4%2.0%
Call IV 25d87.2%79.0%97.9%93.2%81.0%
Put IV 25d80.8%66.8%102.9%81.0%77.2%
Bid-Ask Spread %18.728.0840.929.8914.62
Gamma HHI0.220.180.400.230.21
Net GEX70.6K40.0K120.4K83.0K74.7K
Net DEX-7.1M-9.1M-4.3M-8.7M-7.8M
Net VEX-55.8K-63.3K-43.1K-60.7K-60.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.262.501.510.90
Total Volume2,079.5656484,8782,345648
Total OI48,961.30445,00052,18749,86547,149

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$5.04$2.5095.4%27.3%82.6%52.0%95.4%-12.2%-9.7%83.0K-8.7M-60.7K1.519.89N/AN/A9341,41144,1275,738
2022-03-02$5.24$2.5088.3%25.3%83.6%44.4%88.2%-8.1%-0.2%88.8K-9.0M-63.3K0.7910.86N/AN/A1,9261,52344,2865,838
2022-03-03$4.88$2.5093.5%26.8%86.7%50.0%93.5%-11.9%0.9%75.3K-7.5M-57.3K2.0214.34N/AN/A7731,56544,2315,995
2022-03-04$4.60$2.5092.7%26.6%85.0%49.1%92.6%-20.0%-2.3%67.5K-6.4M-54.6K0.5912.23N/AN/A2,6781,58744,3786,031
2022-03-07$4.32$2.50114.0%32.7%87.9%71.7%113.9%-17.5%-8.5%59.9K-5.7M-49.8K0.5014.10N/AN/A2,7251,36744,4406,087
2022-03-08$4.31$2.5097.8%32.7%86.1%66.7%114.4%9.4%-8.1%60.4K-5.5M-49.6K0.9515.47N/AN/A1,3581,28543,8196,073
2022-03-09$4.72$2.5090.9%29.3%92.4%58.6%102.2%8.6%-4.5%73.2K-6.9M-53.8K1.3913.25N/AN/A8681,20343,9816,043
2022-03-10$4.49$2.5092.2%31.0%91.3%60.3%108.5%-21.6%-5.2%65.8K-6.0M-49.8K2.5014.39N/AN/A4811,20444,0136,047
2022-03-11$4.51$2.5091.7%33.2%91.3%59.7%116.1%6.4%-1.1%67.1K-6.2M-51.5K1.8415.22N/AN/A6901,27244,0316,048
2022-03-14$3.88$5.0094.3%27.2%104.4%63.1%96.3%-5.9%-0.7%40.0K-4.3M-43.1K0.488.08N/AN/A3,3001,57844,2606,125
2022-03-15$4.33$5.0094.1%25.8%112.2%62.8%88.2%8.9%-4.1%49.9K-5.4M-49.1K1.0340.92N/AN/A1,7791,83145,6386,412
2022-03-16$4.51$5.0092.7%26.1%109.9%61.0%89.5%-20.7%-1.8%54.3K-6.1M-51.0K0.4028.68N/AN/A1,03240945,6756,409
2022-03-17$4.93$5.0088.9%25.2%114.6%55.9%86.1%-14.1%-0.7%120.4K-7.8M-57.5K0.4410.81N/AN/A93941345,7336,454
2022-03-18$5.05$5.0080.3%24.2%111.6%44.7%89.0%-9.3%4.1%65.7K-9.1M-58.5K0.2631.60N/AN/A1,92050545,6106,470
2022-03-21$4.97$5.0083.4%25.1%111.0%48.7%86.1%-11.6%4.2%66.5K-6.7M-56.6K0.4129.34N/AN/A1,13046239,3075,693
2022-03-22$5.29$5.0077.1%24.2%111.7%40.5%81.2%-2.5%7.4%76.2K-7.5M-59.6K0.718.36N/AN/A91764839,6215,785
2022-03-23$5.30$5.0078.8%23.9%102.0%42.6%83.4%-9.2%4.0%71.4K-7.9M-60.1K0.7210.26N/AN/A49735739,8466,074
2022-03-24$5.24$5.0075.9%23.8%100.8%38.8%81.4%-4.7%7.6%70.4K-7.7M-59.3K0.5229.08N/AN/A69836039,9656,104
2022-03-25$5.16$5.0072.8%23.5%99.8%34.7%79.9%0.2%9.5%70.2K-7.3M-58.6K0.5110.53N/AN/A45723440,2206,137
2022-03-28$5.15$5.0075.6%24.2%99.7%38.5%86.1%-7.0%11.4%70.8K-7.2M-58.5K0.4630.59N/AN/A60327940,3086,172
2022-03-29$5.36$5.0076.0%23.8%100.1%39.0%79.9%1.9%7.6%77.4K-7.9M-60.4K0.3628.98N/AN/A82429740,4526,238
2022-03-30$5.32$5.0081.0%24.3%99.3%45.5%84.6%-3.2%4.2%75.3K-8.0M-60.5K0.9628.86N/AN/A44042340,7866,261
2022-03-31$5.36$5.0081.3%23.4%95.6%45.9%81.1%-3.8%0.8%74.7K-7.8M-60.3K0.9014.62N/AN/A34130740,7616,388