HIMS Options History — January 2025

In January 2025, HIMS traded between $24.89 and $37.50. ATM implied volatility averaged 89.6%, placing in the 52.5% IV rank vs the trailing year. The 30-day expected move averaged 24.2%. IV traded above realized volatility by 15.5% (HV 20d: 74.1%). Max pain ranged from $23.00 to $30.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.84.

Notable Days

  • 2025-01-31: Highest Volume — 163,398 contracts
  • 2025-01-27: Largest IV spike — 14.6% change
  • 2025-01-31: Highest IV Rank — 71.7%
  • 2025-01-10: Largest Expected Move — 27.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.87$24.89$37.50$24.89$37.50
Max Pain$28.60$23.00$30.00$23.00$30.00
ATM IV89.6%80.8%106.7%87.0%106.7%
Expected Move24.2%22.0%27.2%26.6%24.5%
HV 20d74.1%60.2%82.8%81.2%66.9%
HV 60d119.9%113.7%122.9%122.5%115.3%
IV Rank52.5%42.6%71.7%49.6%71.7%
IV Percentile68.3%54.4%90.9%66.7%90.9%
Term Structure2.7%-3.9%20.6%2.0%-2.6%
VWIV85.3%76.8%95.7%92.8%86.9%
Skew 25d2.2%-7.1%45.0%2.4%-7.1%
Skew 10d10.2%-10.1%50.3%4.3%2.0%
Call IV 25d88.4%52.5%108.3%86.2%108.3%
Put IV 25d90.6%77.8%102.4%88.6%101.2%
Bid-Ask Spread %21.009.8935.3313.4230.44
Gamma HHI0.080.050.220.070.08
Net GEX2.2M-872.9K6.0M-774.8K3.8M
Net DEX-243.6M-559.2M-109.7M-109.7M-559.2M
Net VEX-1.4M-1.5M-1.3M-1.3M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.361.610.600.98
Total Volume57,886.631,584163,39836,595163,398
Total OI442,504.2335,716520,848478,536423,913

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$24.89$23.0087.0%26.6%81.2%49.6%92.8%2.4%2.0%-774.8K-109.7M-1.3M0.6013.42N/AN/A22,88513,710263,962214,574
2025-01-03$26.70$23.0086.9%25.5%82.8%49.4%89.1%1.4%-2.1%164.2K-216.0M-1.3M0.889.89N/AN/A20,90318,421271,047219,438
2025-01-06$26.68$30.0087.1%25.2%81.5%49.7%89.6%-1.7%2.9%1.4M-208.4M-1.3M0.8815.05N/AN/A25,93522,817257,292201,707
2025-01-07$27.35$30.0089.6%25.4%76.7%52.6%89.3%-0.7%-2.4%1.7M-246.8M-1.3M0.5621.65N/AN/A20,29011,294265,321211,508
2025-01-08$25.73$30.0092.9%26.4%78.2%56.2%93.6%-0.9%-2.0%158.6K-153.9M-1.3M1.1015.44N/AN/A27,40230,184270,514215,340
2025-01-10$25.29$29.0095.1%27.2%74.8%58.7%95.7%45.0%0.8%-872.9K-110.8M-1.3M0.9820.64N/AN/A37,26336,703276,434234,095
2025-01-13$25.66$29.0090.0%26.0%75.2%53.0%91.9%-0.5%0.7%-56.4K-141.3M-1.3M0.6519.18N/AN/A26,08316,878263,280221,137
2025-01-14$25.70$29.0083.4%25.0%75.1%45.5%88.2%2.3%-2.2%-36.4K-139.8M-1.3M1.0420.17N/AN/A16,15416,860268,963225,240
2025-01-15$27.66$29.0082.9%23.7%80.3%45.0%83.6%-1.5%-2.0%1.9M-260.0M-1.3M0.6235.33N/AN/A27,55917,046272,735230,146
2025-01-16$28.46$29.0080.8%23.1%79.3%42.6%81.8%-0.6%0.5%3.4M-313.1M-1.3M0.8724.43N/AN/A21,50718,726279,885231,848
2025-01-17$27.62$29.0082.0%23.4%79.5%44.0%82.3%-1.3%-0.6%6.0M-263.4M-1.3M0.8320.09N/AN/A54,57045,032285,771235,077
2025-01-21$29.79$29.0082.8%23.7%77.1%44.9%83.8%-1.7%16.1%2.7M-232.8M-1.4M0.6818.38N/AN/A49,23833,315191,310144,406
2025-01-22$29.45$29.0081.8%23.4%70.2%43.7%83.3%-1.8%15.4%2.7M-211.4M-1.4M1.1824.03N/AN/A27,03031,980202,468152,765
2025-01-23$30.71$29.0082.8%23.1%71.1%44.9%82.6%-2.1%20.6%3.5M-263.5M-1.4M0.6617.08N/AN/A29,86219,761207,272170,066
2025-01-24$31.27$29.0084.0%22.1%69.2%46.2%77.1%0.7%18.6%4.8M-298.0M-1.4M0.5925.93N/AN/A37,84522,169214,248177,584
2025-01-27$30.49$29.0096.3%23.0%69.9%60.0%79.7%9.4%-2.6%2.5M-234.3M-1.4M1.1617.05N/AN/A19,07022,058206,501163,727
2025-01-28$31.39$29.0098.0%22.4%69.9%61.9%78.7%0.9%-3.9%3.0M-267.8M-1.4M0.3623.59N/AN/A27,1299,663209,976172,707
2025-01-29$31.71$29.00100.2%22.3%62.3%64.5%78.2%2.1%-2.1%3.6M-279.3M-1.5M1.6117.99N/AN/A12,79020,612214,860174,425
2025-01-30$33.38$29.00101.1%22.0%60.2%65.5%76.8%-0.3%-1.5%5.1M-362.6M-1.5M0.5330.21N/AN/A54,75628,834217,427191,115
2025-01-31$37.50$30.00106.7%24.5%66.9%71.7%86.9%-7.1%-2.6%3.8M-559.2M-1.5M0.9830.44N/AN/A82,54480,854227,100196,813