HIMS Options History — September 2023

In September 2023, HIMS traded between $6.04 and $6.92. ATM implied volatility averaged 44.0%, placing in the 13.6% IV rank vs the trailing year. The 30-day expected move averaged 13.0%. IV traded above realized volatility by 17.4% (HV 20d: 26.6%). Max pain ranged from $7.00 to $7.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 0.40.

Notable Days

  • 2023-09-08: Highest Volume — 2,132 contracts
  • 2023-09-08: Largest IV drop — 41.9% change
  • 2023-09-26: Highest IV Rank — 19.7%
  • 2023-09-26: Largest Expected Move — 13.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.41$6.04$6.92$6.88$6.31
Max Pain$7.00$7.00$7.00$7.00$7.00
ATM IV44.0%28.4%48.9%42.8%46.9%
Expected Move13.0%12.0%13.7%12.3%13.4%
HV 20d26.6%21.2%38.2%38.2%21.2%
HV 60d40.8%37.0%42.5%42.3%37.0%
IV Rank13.6%0.0%19.7%2.7%18.7%
IV Percentile3.6%0.0%7.5%1.2%6.3%
Term Structure13.9%2.8%17.4%2.8%12.2%
VWIV44.7%40.5%49.4%42.8%45.0%
Skew 25d-1.5%-10.0%8.1%-2.4%-1.3%
Skew 10d0.2%-12.4%14.5%-1.6%1.1%
Call IV 25d44.7%37.2%49.7%37.7%45.5%
Put IV 25d43.2%35.3%49.7%35.3%44.1%
Bid-Ask Spread %17.036.5263.528.809.59
Gamma HHI0.150.140.160.140.15
Net GEX61.9K45.7K85.3K84.5K59.8K
Net DEX-3.4M-6.1M-1.8M-5.9M-3.5M
Net VEX-107.0K-121.8K-97.8K-121.8K-105.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.400.081.480.080.18
Total Volume1,046.94342,1321,309513
Total OI94,917.8590,85498,95894,59695,543

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$6.88$7.0042.8%12.3%38.2%2.7%42.8%-2.4%2.8%84.5K-5.9M-121.8K0.088.80N/AN/A1,2129770,20424,392
2023-09-05$6.92$7.0048.5%13.6%38.1%9.3%46.8%4.6%13.6%85.3K-6.1M-121.2K0.2610.09N/AN/A75219370,34024,423
2023-09-06$6.88$7.0043.7%13.0%28.2%3.7%45.8%2.0%12.8%85.0K-6.0M-121.8K0.5712.37N/AN/A40223070,89124,557
2023-09-07$6.75$7.0048.9%13.1%28.7%9.8%44.7%-3.3%13.3%77.9K-5.3M-117.0K0.4111.23N/AN/A40616871,15524,598
2023-09-08$6.58$7.0028.4%12.8%29.0%0.0%45.4%2.1%11.1%67.8K-3.8M-110.6K0.129.31N/AN/A1,90322971,13224,540
2023-09-11$6.54$7.0034.6%12.7%28.8%6.2%46.4%1.9%14.3%71.0K-3.8M-110.8K0.307.34N/AN/A39712072,43324,566
2023-09-12$6.46$7.0042.7%13.4%28.8%14.5%44.4%8.1%12.4%61.2K-3.2M-109.4K0.148.02N/AN/A1,15815872,51624,551
2023-09-13$6.38$7.0042.8%12.3%28.4%14.6%43.8%-3.1%16.4%51.5K-2.5M-104.9K0.888.47N/AN/A67059173,16624,575
2023-09-14$6.33$7.0047.1%13.5%27.7%19.0%43.7%0.3%13.1%51.4K-2.0M-100.2K1.487.93N/AN/A45968173,36924,784
2023-09-15$6.28$7.0044.5%12.7%27.0%16.3%44.0%-3.9%17.4%54.1K-2.0M-102.2K0.2214.30N/AN/A1,72137373,71425,244
2023-09-18$6.38$7.0047.3%13.6%27.7%19.2%43.8%5.3%15.4%60.6K-3.2M-105.5K0.369.88N/AN/A84830267,19023,664
2023-09-19$6.25$7.0044.0%12.6%26.0%15.8%41.1%0.5%16.5%57.5K-2.8M-101.8K0.837.95N/AN/A45938367,59523,815
2023-09-20$6.22$7.0041.8%12.0%23.3%13.6%40.5%-0.5%17.2%59.0K-2.9M-102.4K0.887.64N/AN/A46541067,80523,806
2023-09-21$6.12$7.0045.2%12.9%21.8%17.0%46.0%-7.8%16.0%54.4K-2.1M-98.1K0.539.00N/AN/A1,24966468,05224,155
2023-09-22$6.04$7.0044.4%12.7%21.6%16.2%42.9%-10.0%16.6%45.7K-1.8M-97.8K0.1663.11N/AN/A5068368,80524,747
2023-09-25$6.13$7.0046.3%13.3%22.0%18.2%49.4%-8.3%16.2%50.1K-2.4M-101.9K0.0854.87N/AN/A1,1929969,17924,802
2023-09-26$6.19$7.0047.8%13.7%22.4%19.7%46.9%-4.4%13.8%52.9K-2.6M-102.2K0.2763.52N/AN/A3419369,74124,869
2023-09-27$6.21$7.0046.0%13.2%21.6%17.9%46.4%-4.1%16.8%52.9K-3.0M-102.3K0.156.52N/AN/A4767369,89624,695
2023-09-28$6.29$7.0047.0%13.5%22.5%18.9%44.6%-5.0%10.5%56.4K-3.2M-103.2K0.1610.69N/AN/A74212070,15724,691
2023-09-29$6.31$7.0046.9%13.4%21.2%18.7%45.0%-1.3%12.2%59.8K-3.5M-105.7K0.189.59N/AN/A4338070,75424,789