HIMS Options History — May 2023

In May 2023, HIMS traded between $8.79 and $12.04. ATM implied volatility averaged 69.9%, placing in the 32.8% IV rank vs the trailing year. The 30-day expected move averaged 18.7%. IV traded above realized volatility by 10.6% (HV 20d: 59.3%). Max pain ranged from $9.00 to $11.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.38.

Notable Days

  • 2023-05-08: Highest Volume — 19,278 contracts
  • 2023-05-09: Largest IV drop — 47.3% change
  • 2023-05-08: Highest IV Rank — 91.0%
  • 2023-05-03: Largest Expected Move — 27.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.42$8.79$12.04$12.04$8.93
Max Pain$10.09$9.00$11.00$9.00$10.00
ATM IV69.9%55.6%122.7%94.0%56.6%
Expected Move18.7%15.9%27.3%26.9%16.2%
HV 20d59.3%52.1%70.0%58.1%52.1%
HV 60d65.5%57.1%68.5%68.5%57.1%
IV Rank32.8%17.1%91.0%59.2%18.3%
IV Percentile30.0%2.8%98.8%84.9%4.4%
Term Structure-1.9%-22.0%10.6%-20.8%-1.3%
VWIV66.0%55.3%98.6%94.3%58.0%
Skew 25d3.5%-2.9%7.8%3.5%2.8%
Skew 10d5.8%-23.2%18.4%11.8%5.0%
Call IV 25d65.1%53.2%97.5%95.7%59.3%
Put IV 25d68.6%56.1%102.4%99.2%62.1%
Bid-Ask Spread %20.1710.4444.8712.8913.37
Gamma HHI0.180.130.270.170.15
Net GEX288.0K60.6K497.2K404.9K99.8K
Net DEX-20.5M-35.9M-6.3M-35.2M-7.7M
Net VEX-101.9K-110.0K-87.4K-100.2K-108.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.052.170.090.38
Total Volume3,605.40928519,2783,619567
Total OI71,244.54552,00589,04061,29463,956

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$12.04$9.0094.0%26.9%58.1%59.2%94.3%3.5%-20.8%404.9K-35.2M-100.2K0.0912.89N/AN/A3,33428548,71212,582
2023-05-02$11.66$9.0093.9%26.9%58.5%59.1%98.6%3.3%-17.0%429.5K-33.2M-101.5K0.2518.35N/AN/A1,09627750,35712,535
2023-05-03$11.88$9.0095.2%27.3%56.8%60.6%96.4%5.0%-22.0%440.3K-34.9M-100.9K0.0717.74N/AN/A6294350,40912,699
2023-05-04$11.71$11.00102.5%22.1%56.7%68.6%77.6%3.6%-5.4%432.8K-33.5M-99.6K0.4118.80N/AN/A2028350,70612,731
2023-05-05$12.02$11.00102.7%21.5%57.0%68.8%75.6%2.1%-6.5%462.8K-35.9M-100.3K0.5426.61N/AN/A1,35572650,80712,736
2023-05-08$11.80$11.00122.7%23.4%57.5%91.0%81.4%7.8%-8.1%429.9K-34.4M-99.4K0.1630.65N/AN/A16,6402,63851,27613,192
2023-05-09$10.59$11.0064.6%16.8%69.9%26.8%59.3%2.2%5.9%417.7K-23.1M-87.4K1.1432.07N/AN/A7,9999,10260,89614,727
2023-05-10$10.77$11.0056.8%16.3%70.0%18.4%59.3%4.2%7.3%482.4K-23.1M-108.9K0.2119.93N/AN/A1,90040063,65021,583
2023-05-11$10.57$10.0057.2%16.4%68.8%18.9%58.9%5.7%8.0%409.0K-21.3M-106.1K0.1023.29N/AN/A1,63116963,95321,753
2023-05-12$10.86$10.0055.6%15.9%68.0%17.1%57.5%5.2%10.6%497.2K-23.7M-106.5K0.2928.33N/AN/A2,37468364,46021,672
2023-05-15$10.77$10.0058.1%16.6%67.9%19.9%58.8%0.8%5.0%439.6K-22.6M-106.0K0.0614.59N/AN/A1,94211465,43622,069
2023-05-16$10.50$10.0057.9%16.6%59.3%19.7%58.4%6.2%7.2%260.7K-19.8M-103.5K0.3321.53N/AN/A1,32343765,24822,091
2023-05-17$10.59$10.0057.5%16.5%59.0%19.3%58.1%4.7%4.5%295.7K-20.5M-104.5K0.2924.17N/AN/A1,81552165,52722,214
2023-05-18$10.27$10.0057.2%16.4%59.4%18.9%56.8%4.9%-0.9%209.6K-17.5M-99.7K0.4516.71N/AN/A1,70476165,49822,405
2023-05-19$9.82$10.0056.8%16.3%55.9%18.5%56.8%0.6%-1.4%114.4K-13.3M-95.0K0.2510.44N/AN/A2,28657066,15922,881
2023-05-22$9.48$10.0058.0%16.6%55.8%19.8%57.4%3.3%1.0%113.4K-11.0M-91.6K0.4544.87N/AN/A2,22299236,75315,252
2023-05-23$9.21$10.0059.3%17.0%54.5%21.3%58.7%5.9%-2.9%96.0K-9.4M-98.3K2.1716.33N/AN/A1,5393,34138,53417,639
2023-05-24$8.79$10.0058.4%16.7%56.0%20.3%58.1%0.9%-0.7%60.6K-6.3M-103.0K0.3212.31N/AN/A2,13667939,06720,801
2023-05-25$9.04$10.0056.4%16.2%55.5%18.0%57.4%2.7%0.7%76.3K-8.1M-110.0K0.3214.24N/AN/A66321140,20020,832
2023-05-26$9.11$10.0055.6%15.9%55.9%17.1%55.3%-2.9%-1.5%86.4K-8.6M-107.7K0.0613.84N/AN/A7344140,56120,904
2023-05-30$8.91$10.0059.9%17.2%52.1%21.9%59.2%4.9%-3.8%77.7K-7.3M-104.2K0.0512.69N/AN/A3,01514040,99120,926
2023-05-31$8.93$10.0056.6%16.2%52.1%18.3%58.0%2.8%-1.3%99.8K-7.7M-108.2K0.3813.37N/AN/A41115642,97120,985