HIMS Options History — March 2024

In March 2024, HIMS traded between $13.11 and $16.70. ATM implied volatility averaged 57.0%, placing in the 27.4% IV rank vs the trailing year. The 30-day expected move averaged 15.7%. IV traded below realized volatility by 51.2% (HV 20d: 108.3%). Max pain ranged from $10.00 to $14.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.20.

Notable Days

  • 2024-03-04: Highest Volume — 29,400 contracts
  • 2024-03-04: Largest IV spike — 40.8% change
  • 2024-03-11: Highest IV Rank — 40.5%
  • 2024-03-04: Largest Expected Move — 17.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.12$13.11$16.70$13.11$15.50
Max Pain$12.95$10.00$14.00$10.00$14.00
ATM IV57.0%48.7%70.7%48.7%53.4%
Expected Move15.7%14.0%17.5%14.0%15.1%
HV 20d108.3%61.7%119.2%114.0%61.7%
HV 60d79.5%75.6%80.8%75.6%79.9%
IV Rank27.4%19.4%40.5%19.4%23.9%
IV Percentile50.0%20.6%75.0%20.6%45.6%
Term Structure9.0%-1.0%15.7%0.3%1.1%
VWIV55.5%49.7%62.0%49.7%52.3%
Skew 25d-3.1%-6.0%-1.5%-2.1%-2.0%
Skew 10d-6.1%-14.9%3.3%-9.2%-3.8%
Call IV 25d58.1%52.4%65.3%52.4%55.8%
Put IV 25d55.0%50.2%62.5%50.2%53.8%
Bid-Ask Spread %51.2535.2364.2046.8149.34
Gamma HHI0.160.110.250.160.11
Net GEX893.9K665.9K1.2M854.6K964.0K
Net DEX-82.8M-97.6M-65.0M-65.0M-74.8M
Net VEX-243.1K-282.4K-172.6K-172.6K-277.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.070.410.390.41
Total Volume9,357.354,48229,4005,6176,252
Total OI103,603.888,388119,12792,476105,290

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$13.11$10.0048.7%14.0%114.0%19.4%49.7%-2.1%0.3%854.6K-65.0M-172.6K0.3946.81N/AN/A4,0491,56875,58516,891
2024-03-04$14.73$11.0068.6%17.5%118.4%38.4%62.0%-2.8%10.8%792.9K-86.0M-173.7K0.0756.12N/AN/A27,4721,92875,72817,411
2024-03-05$14.23$11.0066.2%17.0%119.2%36.2%59.5%-2.9%12.8%889.4K-81.0M-193.8K0.2462.18N/AN/A18,8374,51781,62417,959
2024-03-06$14.00$13.0065.7%17.0%117.5%35.7%60.5%-3.0%11.4%809.1K-76.9M-218.4K0.1764.20N/AN/A10,0711,70884,91321,460
2024-03-07$14.39$13.0064.5%16.8%117.3%34.5%59.8%-4.5%11.2%902.8K-84.3M-228.1K0.1553.22N/AN/A6,8371,01188,85621,963
2024-03-08$14.29$13.0056.0%16.6%117.2%26.4%58.3%-4.5%9.1%930.3K-83.1M-236.1K0.1152.68N/AN/A5,16056590,91622,520
2024-03-11$14.61$13.0070.7%16.2%117.1%40.5%58.0%-4.9%14.4%978.1K-88.6M-234.7K0.0953.27N/AN/A7,65469991,08922,619
2024-03-12$14.66$13.0059.5%15.3%117.1%29.7%54.9%-4.2%15.6%1.1M-89.8M-236.0K0.1457.19N/AN/A5,81179893,02022,748
2024-03-13$15.14$13.0054.6%15.7%114.2%25.1%55.0%-6.0%12.4%1.2M-97.6M-242.2K0.1152.82N/AN/A11,4701,29893,36922,892
2024-03-14$14.39$13.0053.8%15.4%116.5%24.3%54.7%-1.6%15.7%931.1K-85.2M-247.3K0.1256.69N/AN/A6,15771895,47123,144
2024-03-15$14.57$13.0052.8%15.1%116.5%23.3%53.1%-1.5%14.5%665.9K-86.7M-249.3K0.1261.91N/AN/A4,01147195,65123,476
2024-03-18$15.68$13.0053.2%15.3%117.8%23.7%53.7%-2.3%13.8%725.4K-75.0M-254.8K0.2353.09N/AN/A7,6781,74573,29215,096
2024-03-19$15.59$13.0053.2%15.3%115.2%23.7%54.1%-1.9%14.1%731.2K-73.6M-252.7K0.3235.23N/AN/A4,3291,37873,84015,625
2024-03-20$16.49$13.0053.0%15.2%114.6%23.5%55.1%-2.5%15.6%766.7K-84.9M-258.4K0.1041.19N/AN/A14,0911,41374,84915,604
2024-03-21$16.70$14.0055.0%15.4%114.5%25.5%55.1%-1.5%7.3%869.8K-90.1M-269.8K0.2039.15N/AN/A5,0601,03279,39215,857
2024-03-22$16.36$14.0053.6%15.4%115.7%24.1%53.8%-2.9%-0.9%952.8K-86.7M-276.6K0.3443.56N/AN/A3,5811,21681,69815,740
2024-03-25$16.31$14.0053.8%15.4%115.2%24.3%54.8%-5.5%-0.3%974.7K-87.1M-278.5K0.2546.94N/AN/A5,3351,34583,43316,209
2024-03-26$15.93$14.0053.8%15.3%62.7%24.3%53.6%-2.4%-1.0%955.2K-81.7M-282.4K0.3350.94N/AN/A4,0521,33285,76416,935
2024-03-27$15.68$14.0050.7%14.6%62.6%21.3%51.7%-2.6%2.4%935.1K-77.7M-279.1K0.1448.57N/AN/A3,94355586,44917,698
2024-03-28$15.50$14.0053.4%15.1%61.7%23.9%52.3%-2.0%1.1%964.0K-74.8M-277.5K0.4149.34N/AN/A4,4191,83387,39617,894