HIMS Options History — December 2023

In December 2023, HIMS traded between $8.36 and $9.02. ATM implied volatility averaged 47.0%, placing in the 17.8% IV rank vs the trailing year. The 30-day expected move averaged 12.9%. IV traded above realized volatility by 4.4% (HV 20d: 42.6%). Max pain ranged from $6.00 to $7.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.29.

Notable Days

  • 2023-12-14: Highest Volume — 14,456 contracts
  • 2023-12-12: Largest IV drop — 24.8% change
  • 2023-12-11: Highest IV Rank — 28.8%
  • 2023-12-26: Largest Expected Move — 13.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.72$8.36$9.02$8.86$8.93
Max Pain$7.42$6.00$7.50$6.00$7.50
ATM IV47.0%44.0%58.5%46.0%45.0%
Expected Move12.9%12.3%13.5%13.2%12.9%
HV 20d42.6%33.3%64.4%64.4%33.3%
HV 60d46.9%45.8%48.3%46.4%47.2%
IV Rank17.8%14.9%28.8%16.8%15.9%
IV Percentile12.2%4.4%43.7%7.1%8.3%
Term Structure2.1%-1.1%5.2%-1.1%0.3%
VWIV45.3%44.0%47.8%46.9%44.4%
Skew 25d0.6%-6.8%6.0%0.1%-1.8%
Skew 10d5.5%-7.8%16.0%-1.7%4.1%
Call IV 25d45.9%40.5%51.5%51.5%43.8%
Put IV 25d46.5%37.1%52.0%51.6%42.0%
Bid-Ask Spread %15.075.1053.906.675.70
Gamma HHI0.220.190.260.190.26
Net GEX225.4K173.5K251.6K225.4K249.9K
Net DEX-24.2M-27.5M-20.2M-26.0M-26.6M
Net VEX-133.5K-140.9K-126.6K-140.7K-131.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.033.480.200.08
Total Volume2,15260814,4561,300932
Total OI98,564.6593,720102,32099,60097,378

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$8.86$6.0046.0%13.2%64.4%16.8%46.9%0.1%-1.1%225.4K-26.0M-140.7K0.206.67N/AN/A1,07922176,54623,054
2023-12-04$8.89$7.5049.8%12.7%61.7%20.4%45.1%1.9%2.9%219.3K-26.1M-140.4K0.078.44N/AN/A1,4709676,79723,133
2023-12-05$8.82$7.5049.1%12.9%58.9%19.8%44.5%2.5%2.1%228.3K-25.3M-138.3K0.1453.90N/AN/A1,17216077,14123,176
2023-12-06$8.89$7.5050.5%13.0%46.7%21.1%45.9%-1.6%2.7%224.9K-26.5M-140.9K0.2513.47N/AN/A1,66341677,06323,295
2023-12-07$8.64$7.5052.0%13.0%48.9%22.6%44.0%3.7%0.4%206.4K-22.9M-135.3K0.378.76N/AN/A1,05239377,29023,454
2023-12-08$8.66$7.5047.5%13.2%41.8%18.2%45.4%6.0%-0.2%220.0K-23.0M-135.7K0.119.61N/AN/A5636377,36123,729
2023-12-11$8.75$7.5058.5%12.8%41.6%28.8%44.5%-1.5%1.2%216.9K-24.2M-134.7K0.159.13N/AN/A5297977,48923,701
2023-12-12$8.46$7.5044.0%12.3%44.2%14.9%45.3%2.9%5.2%173.5K-20.2M-128.4K0.2414.12N/AN/A1,08726077,50123,717
2023-12-13$8.66$7.5044.5%12.8%41.5%15.4%44.8%1.1%0.4%208.2K-22.8M-132.7K0.1050.02N/AN/A1,22411777,58923,811
2023-12-14$8.71$7.5045.4%13.0%39.1%16.2%45.5%0.3%1.6%203.8K-23.7M-133.8K3.488.48N/AN/A3,22511,23178,47923,841
2023-12-15$8.48$7.5046.7%13.4%40.6%17.5%47.8%-1.1%1.2%208.8K-23.9M-126.6K0.109.53N/AN/A3,35135279,82319,327
2023-12-18$8.61$7.5045.0%12.9%38.1%15.9%45.7%-2.8%2.8%223.7K-22.9M-129.8K0.058.16N/AN/A1,5548475,54218,178
2023-12-19$8.79$7.5044.2%12.7%36.9%15.0%44.4%4.3%4.1%247.3K-24.7M-132.5K0.0412.32N/AN/A1,2055076,37618,240
2023-12-20$8.36$7.5046.7%13.4%41.2%17.5%47.1%-0.3%2.8%234.5K-20.4M-126.6K0.057.50N/AN/A2,63313876,65418,283
2023-12-21$8.59$7.5044.1%12.6%35.1%15.0%45.7%-1.0%4.4%232.5K-22.6M-128.7K0.0549.64N/AN/A1,7728076,76418,359
2023-12-22$8.59$7.5044.9%12.9%34.8%15.7%45.1%0.5%4.6%236.5K-23.1M-131.1K0.046.19N/AN/A7043177,99518,361
2023-12-26$8.71$7.5047.0%13.5%34.8%17.8%44.8%5.9%1.0%249.6K-24.9M-133.1K0.186.09N/AN/A1,25422578,94918,387
2023-12-27$8.89$7.5044.5%12.8%35.1%15.4%44.7%-6.8%4.3%247.8K-25.9M-132.7K0.048.49N/AN/A1,3965078,76718,466
2023-12-28$9.02$7.5045.2%13.0%33.6%16.1%44.3%-0.3%1.4%251.6K-27.5M-136.5K0.035.10N/AN/A1,0963378,76918,508
2023-12-29$8.93$7.5045.0%12.9%33.3%15.9%44.4%-1.8%0.3%249.9K-26.6M-131.8K0.085.70N/AN/A8617178,86618,512