Some rich people and big investors think that the company Hims & Hers Health will go up or down in price soon. They have bought options, which are a special way of betting on the price of a stock. They are spending a lot of money on these bets, and they are usually right about what will happen to the price. So, people who follow the stock market are paying attention to what these rich people and big investors are doing, because they might know something that others don't. Read from source...
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- Hims & Hers Health: Investors with a lot of money to spend have taken a bullish stance on Hims & Hers Health HIMS.
- Retail traders should know that we noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
- Today, Benzinga's options scanner spotted 8 uncommon options trades for Hims & Hers Health.
- The overall sentiment of these big-money traders is split between 62% bullish and 25%, bearish.
- Out of all of the special options we uncovered, 2 are puts, for a total amount of $67,550, and 6 are calls, for a total amount of $1,223,475.
- Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $10.0 to $35.0 for Hims & Hers Health over the recent three months.
- The volume and open interest development show that the liquidity and investor interest in Hims & Hers Health's options at specified strike prices are high.
- Hims & Hers Health's current market status is that the price is down -1.22% at $21.45, with an RSI hinting that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 6 days.
- What the experts say on Hims & Hers Health: 3 market experts have recently issued ratings for this stock, with a consensus target price of $22.0.
Summary:
- Hims & Hers Health has seen uncommon options trades from big-money investors, indicating a bullish stance on the stock.
- The options trades show a split sentiment of 62% bullish and 25% bearish, with a total amount of $1,223,475.
- The significant investors are aiming for a price territory of $10.0 to $35.0 for Hims & Hers Health over the recent three months.
- The stock's current market status is down -1.22% at $21.45, with an RSI neutral between overbought and oversold.
- Next earnings are expected to be released in 6 days.
- Market experts have a consensus target price of $22.0 for the stock.