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The three major U.S. stock indices closed higher on Monday, with the S&P 500 and Nasdaq hitting intraday record closes, as investors awaited the Federal Reserve's policy meeting later this week. Total options trading volume reached 56.76 million contracts. SoFi's stock price hit a new 52-week high, and its September 19th $28 call option surged 103%; Alphabet's market capitalization exceeded $3 trillion for the first time, and its September 19th $250 call option soared 500%. Options delta data showed that Tesla faced the most significant bearish pressure, with a net short delta equivalent to 1.1 million shares.
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Comments
Even so, I see meaningful potential. HIMS is expanding into new areas like low testosterone treatment, which could open steady revenue streams if executed well. The key will be management’s ability to tighten compliance, adjust messaging, and rebuild investor confidence. Healthcare is a tough, highly regulated sector, but those that adapt often emerge stronger.
In the short term I remain cautious, but I view this as a healthy test for the company’s resilience. If HIMS can show progress on compliance while scaling its new offerings, I believe the stock has room to rebound and reward patient investors.
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