HIMS Options History — November 2025

In November 2025, HIMS traded between $33.80 and $44.06. ATM implied volatility averaged 80.4%, placing in the 18.4% IV rank vs the trailing year. The 30-day expected move averaged 23.6%. IV traded above realized volatility by 10.5% (HV 20d: 69.9%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 4 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.65.

Notable Days

  • 2025-11-04: Highest Volume — 340,054 contracts
  • 2025-11-04: Largest IV drop — 13.2% change
  • 2025-11-03: Highest IV Rank — 44.8%
  • 2025-11-03: Largest Expected Move — 32.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.69$33.80$44.06$44.06$39.73
Max Pain$47.32$45.00$50.00$50.00$45.00
ATM IV80.4%69.4%100.5%100.5%69.4%
Expected Move23.6%20.6%32.4%32.4%20.6%
HV 20d69.9%42.7%98.5%98.5%65.5%
HV 60d81.6%80.1%84.5%80.5%82.5%
IV Rank18.4%3.9%44.8%44.8%3.9%
IV Percentile14.2%1.2%51.6%51.6%1.2%
Term Structure-0.8%-5.3%4.7%-1.2%-0.5%
VWIV85.6%73.8%119.2%119.2%73.8%
Skew 25d-2.8%-12.2%5.3%-12.2%0.2%
Skew 10d-5.8%-22.0%19.0%-22.0%3.1%
Call IV 25d83.3%69.9%109.9%109.9%69.9%
Put IV 25d80.5%67.5%97.7%97.7%70.1%
Bid-Ask Spread %24.1115.3138.0619.0616.18
Gamma HHI0.090.040.300.040.16
Net GEX-7.1M-25.7M12.8M-2.9M12.8M
Net DEX119.9M-334.7M437.9M-154.1M-334.7M
Net VEX-4.9M-5.7M-4.3M-5.7M-4.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.351.001.000.44
Total Volume165,36464,592340,054301,03884,203
Total OI1,148,240.474933,6951,344,5121,064,7461,022,299

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$44.06$50.00100.5%32.4%98.5%44.8%119.2%-12.2%-1.2%-2.9M-154.1M-5.7M1.0019.06N/AN/A150,850150,188505,017559,729
2025-11-04$42.84$48.0087.2%27.0%94.3%27.4%98.1%-9.9%-0.2%-9.4M12.4M-5.6M0.7938.06N/AN/A189,605150,449577,072628,808
2025-11-05$43.95$48.0085.2%25.0%95.0%24.7%93.3%-3.2%-4.6%-8.9M-63.6M-5.7M0.9429.54N/AN/A90,12584,848593,148652,259
2025-11-06$41.88$50.0083.5%24.4%95.7%22.5%88.1%-7.7%0.9%-24.2M228.0M-5.4M0.9825.59N/AN/A168,426164,948605,618674,845
2025-11-07$40.67$50.0079.1%23.7%93.9%16.7%85.8%-3.8%0.2%-25.7M311.1M-5.3M0.9323.93N/AN/A107,993100,094643,352701,160
2025-11-10$41.01$50.0081.0%22.9%94.0%19.2%82.7%-4.5%-1.3%-6.4M44.6M-5.2M0.5223.52N/AN/A81,50441,986538,364588,712
2025-11-11$40.02$50.0076.3%22.5%94.0%13.0%81.8%-3.5%4.7%-8.0M127.0M-5.1M0.7423.51N/AN/A101,55075,153568,483605,353
2025-11-12$38.77$50.0078.0%22.5%63.0%15.2%84.1%-3.9%-0.8%-8.4M209.5M-5.0M0.6327.49N/AN/A79,71550,089597,174606,560
2025-11-13$36.11$48.0080.1%23.2%61.6%18.0%83.7%-5.2%0.8%-15.8M437.9M-4.7M0.6319.05N/AN/A175,747111,263622,784618,324
2025-11-14$36.91$46.0081.8%23.2%42.7%20.2%82.8%-1.1%-3.6%-17.6M326.4M-4.7M0.5128.78N/AN/A122,41661,975650,792613,951
2025-11-17$35.05$46.0084.0%24.0%44.4%23.1%87.2%-1.7%-3.8%-6.1M330.9M-4.4M0.5419.87N/AN/A81,62344,394560,029545,216
2025-11-18$36.42$46.0083.1%23.8%48.7%21.9%86.1%-1.2%-5.3%-4.5M237.1M-4.7M0.5127.11N/AN/A58,69029,784580,009559,801
2025-11-19$35.62$46.0081.0%23.2%47.4%19.2%82.4%-2.1%-2.3%-5.0M275.9M-4.6M0.5821.80N/AN/A45,40626,228595,076564,126
2025-11-20$33.80$46.0082.8%23.8%48.0%21.5%81.7%1.6%-0.5%-6.9M377.6M-4.3M0.7129.32N/AN/A67,02747,665601,415563,675
2025-11-21$34.53$45.0078.2%22.8%48.5%15.5%85.9%0.6%-3.1%-6.8M277.2M-4.4M0.7020.12N/AN/A82,13557,239615,901554,067
2025-11-24$38.05$45.0074.2%21.6%63.3%10.2%77.6%5.3%4.3%5.3K-101.0M-4.7M0.3925.58N/AN/A78,77830,521477,232456,463
2025-11-25$37.11$45.0071.4%21.7%63.4%6.5%78.1%2.9%2.6%2.0M-63.1M-4.6M0.4415.31N/AN/A44,87419,718512,881465,106
2025-11-26$38.53$45.0070.9%20.7%65.7%5.9%74.8%-3.0%-1.5%6.0M-201.3M-4.8M0.3524.34N/AN/A62,57222,135522,354469,414
2025-11-28$39.73$45.0069.4%20.6%65.5%3.9%73.8%0.2%-0.5%12.8M-334.7M-4.9M0.4416.18N/AN/A58,60225,601544,516477,783