HIMS Options History — August 2025

In August 2025, HIMS traded between $42.11 and $63.44. ATM implied volatility averaged 77.2%, placing in the 25.4% IV rank vs the trailing year. The 30-day expected move averaged 22.3%. IV traded below realized volatility by 9.7% (HV 20d: 86.9%). Max pain ranged from $50.00 to $60.00. Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.84.

Notable Days

2025-08-05: Highest Volume — 600,065 contracts
2025-08-05: Largest IV drop — 16.5% change
2025-08-01: Highest IV Rank — 61.9%
2025-08-01: Largest Expected Move — 36.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$48.23	$42.11	$63.44	$62.14	$42.41
Max Pain	$54.67	$50.00	$60.00	$56.00	$50.00
ATM IV	77.2%	66.4%	108.7%	108.7%	67.7%
Expected Move	22.3%	19.2%	36.2%	36.2%	19.2%
HV 20d	86.9%	65.9%	102.0%	83.0%	65.9%
HV 60d	114.1%	111.5%	120.1%	115.6%	111.6%
IV Rank	25.4%	13.0%	61.9%	61.9%	13.0%
IV Percentile	20.8%	10.3%	78.6%	78.6%	10.3%
Term Structure	-0.3%	-6.5%	6.6%	-6.2%	0.2%
VWIV	81.8%	70.7%	131.5%	131.5%	77.6%
Skew 25d	-6.2%	-10.4%	3.1%	1.1%	-9.8%
Skew 10d	-12.5%	-47.4%	12.1%	-3.4%	-47.4%
Call IV 25d	83.7%	76.3%	110.3%	110.3%	77.1%
Put IV 25d	77.5%	66.1%	111.4%	111.4%	67.4%
Bid-Ask Spread %	23.86	16.51	32.56	21.80	20.42
Gamma HHI	0.07	0.05	0.11	0.05	0.07
Net GEX	-8.6M	-21.5M	3.6M	3.6M	-10.2M
Net DEX	-143.6M	-1.05B	195.5M	-1.05B	-20.6M
Net VEX	-4.8M	-5.2M	-4.4M	-5.2M	-4.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.84	0.42	1.74	1.45	0.81
Total Volume	186,952.381	97,481	600,065	204,795	141,164
Total OI	948,909.857	708,923	1,115,668	1,037,195	967,961

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
2025-08-01	$62.14	$56.00	108.7%	36.2%	83.0%	61.9%	131.5%	1.1%	-6.2%	3.6M	-1.05B	-5.2M	1.45	21.80	N/A	N/A	83,609	121,186	435,720	601,475
2025-08-04	$63.44	$50.00	103.9%	28.2%	83.1%	56.4%	101.2%	3.1%	0.4%	1.6M	-1.04B	-5.2M	1.74	26.13	N/A	N/A	98,147	170,501	379,204	526,903
2025-08-05	$56.33	$60.00	86.8%	24.5%	95.5%	37.0%	87.4%	-0.3%	6.6%	-13.2M	-309.3M	-4.9M	1.12	26.91	N/A	N/A	282,803	317,262	401,724	609,303
2025-08-06	$50.73	$60.00	85.1%	23.8%	102.0%	35.1%	84.2%	-1.1%	-3.9%	-21.5M	195.5M	-4.7M	1.20	24.06	N/A	N/A	156,156	187,545	437,444	628,168
2025-08-07	$51.07	$60.00	82.3%	23.6%	101.7%	31.9%	84.6%	-3.0%	0.5%	-18.3M	99.8M	-4.9M	0.62	21.62	N/A	N/A	107,128	66,793	463,696	641,882
2025-08-08	$51.67	$60.00	77.6%	22.7%	100.3%	26.6%	81.6%	2.8%	0.6%	-16.9M	-37.5M	-4.9M	0.69	23.27	N/A	N/A	120,191	83,423	475,930	639,738
2025-08-11	$50.08	$60.00	79.0%	23.0%	97.0%	28.3%	82.5%	-6.9%	1.0%	-13.8M	-46.2M	-4.7M	0.89	24.12	N/A	N/A	76,922	68,501	397,249	556,679
2025-08-12	$48.17	$60.00	74.2%	21.5%	97.5%	22.8%	78.4%	-9.4%	0.7%	-16.0M	62.3M	-4.6M	0.83	28.24	N/A	N/A	93,571	77,316	420,308	575,674
2025-08-13	$48.20	$60.00	74.8%	21.4%	96.9%	23.5%	78.9%	-4.5%	1.6%	-13.6M	16.9M	-4.7M	0.74	26.02	N/A	N/A	61,834	45,978	445,104	594,434
2025-08-14	$47.16	$55.00	70.1%	20.4%	96.4%	18.2%	76.1%	-7.5%	1.6%	-15.6M	76.7M	-4.6M	0.91	26.17	N/A	N/A	85,401	77,285	458,051	600,073
2025-08-15	$46.28	$55.00	68.3%	19.8%	96.5%	16.1%	73.3%	-9.6%	1.8%	-9.7M	16.2M	-4.6M	0.92	32.56	N/A	N/A	82,490	75,887	477,077	584,909
2025-08-18	$44.79	$55.00	66.4%	19.2%	95.0%	14.0%	70.7%	-10.2%	0.4%	-8.0M	-27.9M	-4.4M	0.98	23.79	N/A	N/A	77,240	75,767	342,792	366,131
2025-08-19	$42.11	$55.00	71.2%	20.2%	94.7%	19.4%	75.9%	-10.0%	-5.2%	-8.8M	125.8M	-4.4M	0.82	25.70	N/A	N/A	78,940	64,458	375,419	399,489
2025-08-20	$43.48	$52.00	72.7%	20.8%	76.0%	21.0%	75.4%	-7.9%	-1.1%	-7.1M	3.6M	-4.7M	0.66	24.01	N/A	N/A	78,677	52,179	398,907	414,802
2025-08-21	$43.91	$50.00	75.3%	21.6%	76.5%	21.9%	79.8%	-9.0%	-0.5%	-4.6M	-113.2M	-4.9M	0.42	18.55	N/A	N/A	107,067	44,529	428,154	422,172
2025-08-22	$44.47	$50.00	69.7%	20.2%	76.7%	15.4%	74.0%	-8.6%	-0.2%	-1.0M	-180.8M	-5.0M	0.45	23.80	N/A	N/A	134,300	60,419	455,641	438,169
2025-08-25	$43.16	$50.00	71.6%	20.6%	76.5%	17.5%	74.9%	-9.8%	0.7%	-4.0M	-104.2M	-4.8M	0.65	18.58	N/A	N/A	65,011	42,498	416,526	410,244
2025-08-26	$45.14	$50.00	72.9%	21.0%	77.6%	19.0%	76.1%	-8.3%	-6.5%	150.7K	-283.2M	-5.0M	0.52	21.23	N/A	N/A	101,847	52,754	439,134	426,335
2025-08-27	$44.13	$50.00	74.0%	21.3%	68.2%	20.3%	79.4%	-10.1%	-0.3%	-1.7M	-204.7M	-5.1M	0.57	27.59	N/A	N/A	71,203	40,537	470,440	448,160
2025-08-28	$44.06	$50.00	69.4%	20.0%	67.5%	15.0%	74.9%	-10.4%	1.1%	-2.2M	-195.0M	-5.1M	0.64	16.51	N/A	N/A	59,478	38,003	489,266	466,620
2025-08-29	$42.41	$50.00	67.7%	19.2%	65.9%	13.0%	77.6%	-9.8%	0.2%	-10.2M	-20.6M	-4.9M	0.81	20.42	N/A	N/A	78,166	62,998	501,489	466,472