HIMS: Collect 2.55% premium on this cash secured put with strike at $43.
Contract expires in 3 weeks on 25th July.
Continue to chase after alight reversal from its major drop on 23rd June.
HIMS had now testing to close the gap though still resisted. Consolidating with potential to break out higher especially if the final damage from its partnership separations with NVO impacts less than expected.
The end results of those earning impact could influence the price action in both direction so for now, I'm betting on the upside.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 1.11 1Lot(s) | -- Closed |
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- DeltaDrift·07-09After the major drop on June 23rd, it looks like HIMS is attempting a reversal[Victory]LikeReport
- zinglee·07-09That’s a smart move! Watching its earnings impact closely will be key to your strategy.LikeReport