HIMS Options History — July 2025

In July 2025, HIMS traded between $47.35 and $66.23. ATM implied volatility averaged 102.2%, placing in the 54.5% IV rank vs the trailing year. The 30-day expected move averaged 30.3%. IV traded below realized volatility by 29.1% (HV 20d: 131.3%). Max pain ranged from $44.00 to $55.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.81.

Notable Days

2025-07-23: Highest Volume — 520,987 contracts
2025-07-07: Largest IV spike — 16.4% change
2025-07-31: Highest IV Rank — 63.5%
2025-07-31: Largest Expected Move — 36.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$53.02	$47.35	$66.23	$47.87	$66.23
Max Pain	$50.64	$44.00	$55.00	$44.00	$55.00
ATM IV	102.2%	93.0%	110.1%	94.5%	110.1%
Expected Move	30.3%	24.3%	36.7%	25.1%	36.7%
HV 20d	131.3%	71.9%	163.4%	161.4%	78.0%
HV 60d	125.7%	119.5%	131.8%	131.8%	119.5%
IV Rank	54.5%	44.1%	63.5%	45.8%	63.5%
IV Percentile	62.0%	43.3%	81.3%	44.8%	81.3%
Term Structure	-0.3%	-11.0%	13.4%	11.7%	-4.3%
VWIV	110.6%	88.8%	137.7%	93.0%	137.7%
Skew 25d	-2.0%	-14.2%	11.3%	-14.2%	11.3%
Skew 10d	2.1%	-13.0%	25.6%	-13.0%	25.6%
Call IV 25d	105.7%	94.7%	109.9%	109.6%	103.3%
Put IV 25d	103.7%	91.3%	114.6%	95.4%	114.6%
Bid-Ask Spread %	14.97	8.57	24.28	12.75	16.29
Gamma HHI	0.05	0.04	0.10	0.04	0.07
Net GEX	2.9M	-6.9M	14.6M	-3.7M	14.6M
Net DEX	-823.4M	-1.54B	-369.0M	-519.3M	-1.54B
Net VEX	-5.0M	-5.3M	-4.6M	-5.0M	-5.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.81	0.49	1.32	0.69	1.16
Total Volume	171,352.091	93,050	520,987	153,388	298,750
Total OI	941,857.318	765,293	1,024,278	952,868	999,531

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
2025-07-01	$47.87	$44.00	94.5%	25.1%	161.4%	45.8%	93.0%	-14.2%	11.7%	-3.7M	-519.3M	-5.0M	0.69	12.75	N/A	N/A	90,902	62,486	467,888	484,980
2025-07-02	$47.35	$45.00	95.7%	24.3%	161.4%	47.1%	88.8%	-8.5%	13.4%	-5.4M	-467.7M	-5.0M	0.86	13.53	N/A	N/A	69,910	60,149	486,510	501,673
2025-07-03	$48.06	$50.00	93.0%	30.0%	161.5%	44.1%	107.6%	-3.4%	12.8%	-4.9M	-536.3M	-5.0M	0.66	24.28	N/A	N/A	60,261	39,666	489,984	516,537
2025-07-07	$48.45	$50.00	108.3%	30.6%	161.4%	61.4%	109.9%	-0.2%	-0.5%	-2.5M	-560.8M	-4.8M	0.84	15.01	N/A	N/A	67,682	57,049	439,053	464,135
2025-07-08	$48.87	$50.00	105.7%	30.5%	159.6%	58.4%	110.3%	-1.8%	-1.8%	-746.4K	-622.9M	-4.8M	0.66	11.51	N/A	N/A	81,126	53,147	454,651	482,733
2025-07-09	$51.27	$50.00	103.8%	29.7%	160.6%	56.3%	105.9%	6.5%	0.5%	6.3M	-834.8M	-4.9M	0.54	19.83	N/A	N/A	106,002	57,748	468,102	492,463
2025-07-10	$50.27	$50.00	100.0%	28.9%	160.5%	52.0%	103.9%	-3.3%	2.2%	5.7M	-759.0M	-4.8M	0.77	13.39	N/A	N/A	52,546	40,504	478,912	501,830
2025-07-11	$48.07	$50.00	97.8%	28.1%	160.5%	49.5%	101.0%	-7.3%	1.1%	-6.9M	-525.3M	-4.6M	0.68	12.06	N/A	N/A	96,463	65,784	485,504	507,694
2025-07-14	$51.98	$50.00	104.5%	29.9%	163.4%	57.0%	106.3%	-1.2%	-3.6%	5.1M	-864.7M	-4.7M	0.57	18.48	N/A	N/A	97,673	55,717	449,670	448,731
2025-07-15	$50.63	$50.00	102.6%	29.3%	163.3%	54.9%	104.8%	-3.4%	-3.0%	3.0M	-744.4M	-4.8M	0.82	14.13	N/A	N/A	55,526	45,522	472,412	467,421
2025-07-16	$52.01	$50.00	103.0%	29.5%	160.8%	55.4%	106.7%	-1.1%	-2.2%	8.5M	-892.9M	-4.8M	0.77	17.18	N/A	N/A	61,674	47,682	482,694	480,670
2025-07-17	$50.13	$50.00	101.7%	29.3%	161.2%	54.0%	105.7%	-3.9%	-2.1%	1.8M	-690.5M	-4.8M	0.76	16.81	N/A	N/A	66,828	50,984	490,104	498,995
2025-07-18	$50.44	$50.00	100.9%	29.3%	160.3%	53.0%	109.7%	-3.0%	-3.5%	1.8M	-767.3M	-4.9M	0.49	16.43	N/A	N/A	119,227	57,844	507,101	517,177
2025-07-21	$47.59	$50.00	95.4%	29.4%	160.1%	46.8%	107.3%	-7.6%	2.5%	-2.0M	-369.0M	-4.6M	0.90	12.81	N/A	N/A	67,447	61,012	374,651	390,642
2025-07-22	$50.25	$50.00	100.9%	29.9%	71.9%	53.0%	110.9%	-11.3%	-11.0%	1.6M	-562.5M	-4.9M	0.81	15.45	N/A	N/A	70,609	57,207	392,152	420,578
2025-07-23	$58.34	$50.00	108.5%	33.1%	87.4%	61.6%	123.9%	2.0%	-4.4%	9.8M	-1.23B	-5.1M	1.05	8.57	N/A	N/A	254,636	266,351	408,298	439,106
2025-07-24	$57.33	$50.00	102.8%	32.2%	86.8%	55.1%	117.7%	0.6%	0.9%	6.7M	-1.05B	-5.3M	1.32	13.31	N/A	N/A	64,942	85,545	432,101	554,007
2025-07-25	$57.73	$55.00	105.6%	31.7%	78.3%	58.3%	114.7%	8.0%	-2.7%	3.5M	-1.08B	-5.3M	0.86	20.41	N/A	N/A	162,226	139,531	436,293	569,534
2025-07-28	$58.11	$55.00	100.4%	31.1%	75.9%	52.4%	116.2%	-1.6%	-2.6%	2.7M	-912.2M	-5.1M	1.07	12.00	N/A	N/A	52,838	56,719	386,630	508,253
2025-07-29	$60.11	$55.00	106.1%	34.2%	76.5%	58.9%	124.3%	-1.7%	-4.9%	6.1M	-1.08B	-5.1M	0.80	9.80	N/A	N/A	65,318	52,553	400,244	524,212
2025-07-30	$65.42	$55.00	107.3%	34.8%	78.6%	60.3%	126.2%	1.3%	-5.8%	12.1M	-1.51B	-5.1M	0.74	15.26	N/A	N/A	168,690	125,270	410,456	536,549
2025-07-31	$66.23	$55.00	110.1%	36.7%	78.0%	63.5%	137.7%	11.3%	-4.3%	14.6M	-1.54B	-5.3M	1.16	16.29	N/A	N/A	138,515	160,235	434,161	565,370