HIMS Options History — February 2023

In February 2023, HIMS traded between $7.75 and $11.16. ATM implied volatility averaged 79.5%, placing in the 43.2% IV rank vs the trailing year. The 30-day expected move averaged 23.5%. IV traded above realized volatility by 13.3% (HV 20d: 66.2%). Max pain ranged from $6.00 to $8.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 0.27.

Notable Days

  • 2023-02-28: Highest Volume — 17,509 contracts
  • 2023-02-28: Largest IV drop — 40.6% change
  • 2023-02-27: Highest IV Rank — 72.0%
  • 2023-02-27: Largest Expected Move — 30.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.22$7.75$11.16$8.11$11.16
Max Pain$7.21$6.00$8.00$6.00$8.00
ATM IV79.5%58.1%105.6%60.3%62.8%
Expected Move23.5%17.3%30.3%17.3%18.0%
HV 20d66.2%61.2%78.3%63.3%78.3%
HV 60d57.8%55.0%65.9%65.9%61.3%
IV Rank43.2%19.5%72.0%21.9%24.7%
IV Percentile50.4%4.4%94.4%7.9%12.7%
Term Structure-9.7%-26.5%9.6%9.6%-4.0%
VWIV83.0%57.7%107.9%57.7%65.1%
Skew 25d0.5%-4.1%6.3%5.4%-3.3%
Skew 10d4.5%-35.2%42.0%11.7%-1.6%
Call IV 25d84.8%53.9%109.5%53.9%66.7%
Put IV 25d85.3%59.3%107.4%59.3%63.5%
Bid-Ask Spread %35.8213.4862.9162.9113.48
Gamma HHI0.210.150.280.230.19
Net GEX322.5K216.0K451.2K216.0K431.0K
Net DEX-22.7M-33.7M-14.0M-14.6M-33.7M
Net VEX-74.1K-85.8K-57.4K-57.4K-85.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.270.021.560.130.25
Total Volume3,555.89568917,50999717,509
Total OI49,378.10541,04355,73941,04353,834

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$8.11$6.0060.3%17.3%63.3%21.9%57.7%5.4%9.6%216.0K-14.6M-57.4K0.1362.91N/AN/A88611135,1295,914
2023-02-02$8.29$7.0058.1%20.7%62.8%19.5%72.1%5.8%-4.3%231.8K-15.4M-58.8K0.0220.38N/AN/A2,8695635,3285,991
2023-02-03$7.88$7.0064.9%21.7%61.2%27.0%73.2%6.3%-6.6%219.9K-14.3M-58.7K0.0543.64N/AN/A3,31917937,3845,966
2023-02-06$7.75$7.0065.0%21.6%61.7%27.1%74.7%4.8%-4.8%237.0K-14.0M-58.9K0.0558.21N/AN/A7323340,1506,082
2023-02-07$8.43$7.0065.8%22.2%65.9%28.0%74.7%3.8%-4.2%320.9K-18.3M-64.4K0.0222.74N/AN/A7,60512740,4726,100
2023-02-08$8.41$7.0077.4%22.2%65.2%40.9%78.1%-0.9%-4.7%371.6K-19.5M-71.4K0.2525.20N/AN/A86321647,5466,111
2023-02-09$9.14$7.0079.3%22.7%69.9%43.0%81.0%1.1%-5.7%451.2K-25.0M-77.1K0.2632.63N/AN/A4,5861,20847,5296,287
2023-02-10$9.57$7.0081.0%23.2%70.1%44.8%82.8%1.9%-6.4%403.9K-27.1M-80.3K0.0436.15N/AN/A4,85420646,4267,204
2023-02-13$9.52$7.0083.5%23.9%67.0%47.6%85.5%-2.1%-9.3%410.7K-26.5M-78.5K0.2132.63N/AN/A1,08622746,9357,245
2023-02-14$9.89$7.0082.5%23.6%67.5%46.5%85.0%-1.8%-10.1%444.0K-29.1M-79.6K0.1823.96N/AN/A1,04519246,9237,350
2023-02-15$9.98$7.0081.4%23.3%67.4%45.3%83.8%2.9%-7.9%441.1K-29.7M-82.0K0.3026.22N/AN/A56116846,9677,478
2023-02-16$9.64$7.0085.5%24.5%67.2%49.8%86.5%-4.1%-9.3%419.8K-27.3M-78.6K0.0850.89N/AN/A3,01424446,8767,589
2023-02-17$9.64$7.0087.0%24.9%64.6%51.4%88.2%-2.0%-15.5%246.5K-27.2M-80.6K0.0942.29N/AN/A2,63224748,0307,709
2023-02-21$9.38$7.0091.7%26.3%64.9%56.7%93.9%-0.4%-16.2%254.0K-21.0M-76.8K0.2849.04N/AN/A72920339,3626,114
2023-02-22$9.27$8.0092.2%26.4%65.4%57.2%94.5%-3.6%-21.2%245.9K-20.5M-77.5K0.8153.89N/AN/A42934939,3836,214
2023-02-23$9.68$8.0095.6%27.4%65.2%61.0%97.4%-0.8%-18.8%257.2K-22.7M-80.1K1.5641.73N/AN/A26942039,6016,562
2023-02-24$9.70$8.0090.9%26.1%65.3%55.8%94.4%-1.5%-19.0%260.2K-22.5M-80.5K0.2525.49N/AN/A94924039,7526,938
2023-02-27$9.66$8.00105.6%30.3%65.1%72.0%107.9%-2.1%-26.5%264.4K-22.9M-80.1K0.2319.08N/AN/A7,4661,73340,7276,976
2023-02-28$11.16$8.0062.8%18.0%78.3%24.7%65.1%-3.3%-4.0%431.0K-33.7M-85.8K0.2513.48N/AN/A13,9853,52445,2508,584