HIMS Options History — April 2025

In April 2025, HIMS traded between $25.42 and $34.91. ATM implied volatility averaged 112.9%, placing in the 70.4% IV rank vs the trailing year. The 30-day expected move averaged 34.4%. IV traded above realized volatility by 2.5% (HV 20d: 110.4%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.60.

Notable Days

2025-04-29: Highest Volume — 441,276 contracts
2025-04-03: Largest IV spike — 18.2% change
2025-04-07: Highest IV Rank — 88.0%
2025-04-29: Largest Expected Move — 41.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$28.24	$25.42	$34.91	$31.47	$33.01
Max Pain	$32.00	$30.00	$35.00	$35.00	$32.00
ATM IV	112.9%	93.0%	130.4%	104.1%	116.9%
Expected Move	34.4%	31.0%	41.7%	33.0%	39.0%
HV 20d	110.4%	97.9%	122.1%	114.5%	122.1%
HV 60d	132.7%	127.2%	138.9%	127.8%	138.9%
IV Rank	70.4%	50.3%	88.0%	61.5%	74.4%
IV Percentile	86.5%	59.9%	97.6%	79.0%	91.7%
Term Structure	0.3%	-18.8%	21.0%	11.8%	-2.5%
VWIV	118.2%	107.9%	151.2%	115.1%	134.5%
Skew 25d	18.8%	-9.6%	65.5%	4.3%	-8.5%
Skew 10d	13.2%	-41.1%	45.8%	11.7%	-28.3%
Call IV 25d	100.3%	54.2%	131.1%	103.4%	123.7%
Put IV 25d	119.2%	103.7%	149.6%	107.8%	115.3%
Bid-Ask Spread %	26.84	20.14	35.52	23.20	20.14
Gamma HHI	0.06	0.04	0.20	0.04	0.05
Net GEX	130.1K	-2.9M	5.1M	752.9K	3.4M
Net DEX	-2.0M	-510.5M	162.6M	-66.4M	-319.4M
Net VEX	-1.9M	-2.4M	-1.7M	-2.2M	-2.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.60	0.30	1.21	0.30	0.75
Total Volume	91,023.524	36,555	441,276	124,494	145,543
Total OI	548,906.476	477,277	617,727	532,697	617,727

Daily Data (21 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
2025-04-01	$31.47	$35.00	104.1%	33.0%	114.5%	61.5%	115.1%	4.3%	11.8%	752.9K	-66.4M	-2.2M	0.30	23.20	N/A	N/A	95,816	28,678	283,658	249,039
2025-04-02	$30.52	$35.00	93.0%	31.7%	114.6%	50.3%	110.4%	23.2%	21.0%	815.1K	-21.8M	-2.1M	0.41	24.10	N/A	N/A	39,532	16,172	305,556	256,507
2025-04-03	$28.06	$35.00	109.9%	33.1%	102.9%	67.3%	114.9%	9.3%	10.5%	-979.6K	95.9M	-1.9M	0.57	25.48	N/A	N/A	38,804	22,044	313,376	259,022
2025-04-04	$26.31	$35.00	117.9%	35.4%	102.5%	75.4%	120.2%	19.8%	8.7%	-1.7M	162.6M	-1.8M	0.74	25.09	N/A	N/A	62,489	46,504	320,490	260,675
2025-04-07	$27.34	$34.00	130.4%	37.1%	103.8%	88.0%	125.8%	20.6%	-2.6%	-605.0K	76.1M	-1.9M	0.67	24.48	N/A	N/A	41,515	27,700	280,096	247,229
2025-04-08	$25.68	$33.00	126.3%	38.0%	105.3%	83.8%	126.9%	25.8%	16.2%	-915.8K	132.0M	-1.7M	0.81	27.45	N/A	N/A	31,539	25,480	290,509	252,487
2025-04-09	$29.14	$32.00	110.6%	31.1%	116.6%	68.1%	108.3%	58.1%	-3.5%	118.1K	22.6M	-1.9M	0.37	31.04	N/A	N/A	51,047	19,135	297,608	257,720
2025-04-10	$26.44	$32.00	123.3%	35.2%	118.3%	80.8%	116.3%	-9.6%	-0.3%	-1.0M	127.5M	-1.8M	0.99	34.14	N/A	N/A	23,128	23,010	311,298	261,081
2025-04-11	$26.81	$32.00	111.1%	34.3%	117.8%	68.5%	115.9%	65.5%	17.7%	-2.5M	121.9M	-1.8M	0.70	35.52	N/A	N/A	29,005	20,297	315,553	269,401
2025-04-14	$28.35	$32.00	113.6%	32.4%	115.3%	71.1%	107.9%	20.5%	-4.9%	-1.1M	69.5M	-1.8M	0.43	34.01	N/A	N/A	25,553	11,002	293,010	255,884
2025-04-15	$29.36	$32.00	109.0%	31.1%	110.3%	66.4%	111.6%	18.6%	-9.9%	-395.5K	16.1M	-1.9M	1.21	32.03	N/A	N/A	30,144	36,452	304,468	255,458
2025-04-16	$26.32	$32.00	119.1%	34.1%	112.0%	76.6%	115.4%	20.3%	-4.1%	-1.5M	131.3M	-1.7M	0.94	30.40	N/A	N/A	34,749	32,553	312,879	264,848
2025-04-17	$27.07	$31.00	107.5%	31.0%	112.5%	65.0%	109.6%	18.8%	-3.3%	-2.9M	90.5M	-1.7M	0.45	32.07	N/A	N/A	60,240	26,863	315,396	262,020
2025-04-21	$25.75	$30.00	114.5%	34.3%	111.9%	72.0%	117.0%	17.9%	-5.0%	-229.0K	45.6M	-1.7M	0.61	20.83	N/A	N/A	33,960	20,672	264,485	212,792
2025-04-22	$25.42	$30.00	109.6%	33.2%	103.8%	67.1%	113.3%	20.3%	-18.8%	-295.1K	44.6M	-1.7M	0.43	23.78	N/A	N/A	39,640	17,190	279,399	221,163
2025-04-23	$26.63	$30.00	99.5%	32.5%	106.5%	56.8%	111.5%	58.5%	-4.3%	964.7K	-8.9M	-1.8M	0.42	23.65	N/A	N/A	41,502	17,524	294,302	224,035
2025-04-24	$28.10	$30.00	107.4%	32.8%	104.6%	64.9%	111.1%	10.2%	-2.6%	2.4M	-72.0M	-1.9M	0.51	22.79	N/A	N/A	36,886	18,747	297,764	224,597
2025-04-25	$27.93	$30.00	105.1%	32.7%	103.8%	62.5%	114.2%	9.6%	-7.4%	1.8M	-61.7M	-1.9M	0.48	23.96	N/A	N/A	46,832	22,530	304,252	230,167
2025-04-28	$28.52	$30.00	115.2%	37.9%	97.9%	72.7%	131.7%	0.2%	-3.7%	1.6M	-116.5M	-2.0M	0.32	27.70	N/A	N/A	98,408	31,333	290,369	214,743
2025-04-29	$34.91	$30.00	126.9%	41.7%	121.4%	84.4%	151.2%	-7.6%	-6.3%	5.1M	-510.5M	-2.4M	0.57	21.73	N/A	N/A	281,665	159,611	330,741	225,232
2025-04-30	$33.01	$32.00	116.9%	39.0%	122.1%	74.4%	134.5%	-8.5%	-2.5%	3.4M	-319.4M	-2.4M	0.75	20.14	N/A	N/A	83,395	62,148	352,764	264,963