Hims & Hers Health Unusual Options Activity For August 13
Portfolio Pulse from Benzinga Insights
Financial giants have made a bearish move on Hims & Hers Health (NYSE:HIMS) with 62% of options trades showing bearish tendencies. The major market movers are focusing on a price band between $11.0 and $30.0. The stock is currently trading at $16.18, up by 1.31%, with an average analyst price target of $21.33.
August 13, 2024 | 3:47 pm
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Hims & Hers Health has seen a significant bearish move in options trading, with 62% of trades being bearish. The stock is currently trading at $16.18, up by 1.31%. Analysts have an average price target of $21.33.
The significant bearish sentiment in options trading suggests that investors are expecting a decline in Hims & Hers Health's stock price. Despite the current price increase, the bearish options activity and mixed analyst ratings indicate potential short-term downward pressure.
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