Smart Money Is Betting Big In HIMS Options
Portfolio Pulse from Benzinga Insights
Investors are taking a bearish stance on Hims & Hers Health (NYSE:HIMS) as significant options activity is observed. The sentiment is split with 42% bullish and 50% bearish, with a focus on a price range of $10.0 to $30.0. The stock is currently down 13.78% at $19.18, and analysts have a consensus target price of $24.0.

October 30, 2024 | 6:15 pm
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Significant options activity on Hims & Hers Health indicates a bearish sentiment among big-money investors, with 50% of trades being bearish. The stock is currently down 13.78% at $19.18, and analysts have a target price of $24.0.
The article highlights significant bearish options activity for HIMS, with 50% of trades being bearish. This suggests a negative short-term outlook. The stock is down 13.78%, indicating market reaction to this sentiment. Analysts' target price of $24.0 suggests potential recovery, but the immediate impact is likely negative.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100