HIMS Options History — May 2024

In May 2024, HIMS traded between $11.25 and $20.37. ATM implied volatility averaged 64.8%, placing in the 34.8% IV rank vs the trailing year. The 30-day expected move averaged 19.6%. IV traded below realized volatility by 13.0% (HV 20d: 77.8%). Max pain ranged from $11.00 to $15.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.36.

Notable Days

2024-05-20: Highest Volume — 210,823 contracts
2024-05-20: Largest IV spike — 63.3% change
2024-05-03: Highest IV Rank — 81.5%
2024-05-03: Largest Expected Move — 45.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$14.98	$11.25	$20.37	$12.66	$19.48
Max Pain	$13.07	$11.00	$15.50	$12.00	$15.50
ATM IV	64.8%	42.9%	113.5%	80.0%	73.9%
Expected Move	19.6%	13.9%	45.4%	28.6%	20.4%
HV 20d	77.8%	39.8%	116.7%	42.3%	116.7%
HV 60d	81.7%	77.0%	94.4%	80.2%	79.1%
IV Rank	34.8%	13.8%	81.5%	49.4%	43.5%
IV Percentile	56.6%	3.2%	98.4%	82.9%	77.4%
Term Structure	-3.1%	-38.9%	3.4%	-3.7%	-3.2%
VWIV	69.6%	48.8%	158.7%	100.0%	74.3%
Skew 25d	-2.4%	-16.7%	15.9%	-0.7%	-16.7%
Skew 10d	-3.6%	-35.0%	25.2%	15.1%	-24.9%
Call IV 25d	67.5%	35.2%	116.1%	81.3%	85.1%
Put IV 25d	65.1%	48.4%	117.8%	80.6%	68.3%
Bid-Ask Spread %	50.39	24.21	68.54	53.22	46.73
Gamma HHI	0.12	0.09	0.16	0.10	0.09
Net GEX	1.7M	633.1K	3.6M	840.9K	3.0M
Net DEX	-110.3M	-266.4M	-34.8M	-52.0M	-230.4M
Net VEX	-395.3K	-651.1K	-247.2K	-265.3K	-651.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.36	0.05	1.17	0.28	0.23
Total Volume	50,324.182	2,499	210,823	2,499	70,706
Total OI	194,236.909	129,755	285,887	129,755	285,887

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-05-01	$12.66	$12.00	80.0%	28.6%	42.3%	49.4%	100.0%	-0.7%	-3.7%	840.9K	-52.0M	-265.3K	0.28	53.22	N/A	N/A	1,946	553	107,529	22,226
2024-05-02	$12.18	$12.00	85.2%	32.6%	39.8%	54.3%	113.8%	4.5%	-4.1%	737.0K	-44.8M	-258.2K	1.17	49.72	N/A	N/A	3,944	4,622	107,737	22,373
2024-05-03	$11.25	$12.00	113.5%	45.4%	47.0%	81.5%	158.7%	1.7%	-4.9%	633.1K	-34.8M	-247.2K	0.66	24.21	N/A	N/A	19,020	12,619	109,389	24,981
2024-05-06	$11.68	$12.00	105.6%	25.5%	48.6%	73.9%	89.1%	6.6%	-38.9%	758.1K	-44.6M	-259.7K	0.50	39.35	N/A	N/A	36,970	18,361	115,741	30,069
2024-05-07	$12.34	$11.00	42.9%	14.4%	53.9%	13.8%	50.6%	15.9%	-0.9%	1.2M	-53.8M	-264.8K	0.33	47.31	N/A	N/A	42,353	14,028	130,780	43,261
2024-05-08	$12.07	$12.00	47.0%	13.9%	54.0%	17.8%	50.0%	-1.9%	3.4%	1.0M	-43.3M	-259.2K	0.54	64.47	N/A	N/A	17,716	9,636	133,611	42,034
2024-05-09	$12.91	$12.00	49.0%	14.3%	60.4%	19.7%	49.6%	-0.7%	0.8%	1.5M	-69.8M	-302.5K	0.21	61.16	N/A	N/A	20,463	4,303	140,518	45,428
2024-05-10	$12.29	$12.00	48.7%	13.9%	60.8%	19.4%	49.5%	-0.5%	-0.8%	908.7K	-50.4M	-294.6K	0.38	68.54	N/A	N/A	7,554	2,870	140,004	45,923
2024-05-13	$12.89	$12.00	49.5%	14.0%	61.2%	20.1%	48.8%	-0.1%	-1.0%	1.2M	-57.4M	-302.0K	0.16	61.92	N/A	N/A	9,709	1,588	118,965	31,716
2024-05-14	$13.84	$12.00	55.5%	15.2%	64.5%	25.9%	54.6%	-1.9%	-2.5%	1.4M	-80.1M	-331.6K	0.05	54.84	N/A	N/A	41,500	2,265	120,866	32,494
2024-05-15	$13.77	$12.00	54.9%	15.2%	63.5%	25.4%	53.2%	-0.8%	-2.0%	1.9M	-85.7M	-354.0K	0.13	50.02	N/A	N/A	12,472	1,567	140,791	32,887
2024-05-16	$14.09	$12.00	51.9%	14.6%	63.8%	22.4%	52.0%	-1.5%	-1.0%	2.2M	-95.6M	-365.0K	0.10	52.91	N/A	N/A	13,040	1,337	145,254	33,704
2024-05-17	$14.57	$12.00	51.9%	14.3%	61.4%	22.5%	50.7%	-1.1%	-2.0%	2.4M	-111.5M	-394.0K	0.10	58.50	N/A	N/A	26,092	2,627	152,460	34,123
2024-05-20	$18.34	$12.00	84.8%	23.8%	99.2%	54.0%	85.7%	-9.3%	-5.4%	1.6M	-181.9M	-458.7K	0.29	36.05	N/A	N/A	163,031	47,792	135,999	25,369
2024-05-21	$17.61	$15.00	57.8%	16.5%	101.4%	28.1%	62.0%	-4.9%	1.4%	2.0M	-154.8M	-504.2K	0.37	38.48	N/A	N/A	49,843	18,348	176,348	53,619
2024-05-22	$16.24	$15.00	53.1%	15.2%	107.1%	23.6%	56.3%	-4.4%	0.9%	1.3M	-107.6M	-486.1K	0.38	54.38	N/A	N/A	42,235	16,145	187,728	56,418
2024-05-23	$15.77	$15.00	53.6%	15.4%	108.0%	24.1%	54.8%	-6.1%	0.1%	1.0M	-91.5M	-462.5K	0.77	51.77	N/A	N/A	18,697	14,473	190,177	57,465
2024-05-24	$16.77	$15.00	55.6%	15.9%	109.4%	26.0%	57.6%	-5.4%	1.2%	2.1M	-129.5M	-505.5K	0.27	57.31	N/A	N/A	32,856	8,938	194,293	61,872
2024-05-28	$19.04	$15.00	66.8%	20.4%	116.2%	36.7%	71.4%	-9.7%	-0.9%	2.6M	-209.3M	-542.8K	0.48	44.78	N/A	N/A	79,347	37,699	173,418	50,711
2024-05-29	$19.45	$15.00	66.8%	19.5%	116.1%	36.8%	68.0%	-7.5%	-1.9%	3.2M	-232.2M	-589.8K	0.25	47.00	N/A	N/A	40,943	10,264	193,383	63,077
2024-05-30	$20.37	$15.00	77.7%	22.8%	116.2%	47.2%	80.4%	-8.6%	-1.7%	3.6M	-266.4M	-597.1K	0.17	46.01	N/A	N/A	107,994	18,666	196,853	65,731
2024-05-31	$19.48	$15.50	73.9%	20.4%	116.7%	43.5%	74.3%	-16.7%	-3.2%	3.0M	-230.4M	-651.1K	0.23	46.73	N/A	N/A	57,332	13,374	213,169	72,718