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HIMS Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure

Analyze the complete HIMS options chain including strike-level open interest, real-time implied volatility (IV), max pain levels, gamma exposure, dealer positioning, and options flow trends. This dashboard provides data-driven insights for traders building directional or hedging strategies around HIMS.

Latest Data: 2026-08-28 (EDT)
Max Pain Price
33.5
Exp: 2026-08-28
Gamma Flip
29.57
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.815
Shows put vs call positioning
IV Skew
-10.34
Put–call IV difference
Max Pain Price Volatility
σ = 7.27
medium volatility
Confidence 50%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options data shows a moderate bullish tilt. There is some directional support, though momentum remains limited. Options Chian

On the put side, the bearish positioning looks mainly like hedging. This reflects caution and short-term protection rather than a true bearish call. Confidence: 100%

Current DPI is 0.333(bearish). Bearish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions are elevated, implying wider and less stable price swings. Options constraints exert a moderate influence on price behavior. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-09-18 options expiry. 100% confidence

The support levels for HIMS are at 28.15, 27.11, and 20.56, while the resistance levels are at 29.53, 30.57, and 37.12. The pivot point, a key reference price for traders, is at 33.50.

Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)

Expiry 2026-08-28 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is bearish (-0.50), pin strength 0.70.


Based on same-day expiring options (0DTE), the ATM straddle implies an 1.27% standardized 1-day equivalent move, serving as an intraday volatility reference.


The implied intraday range is approximately 27.37 32.25 , corresponding to +11.84% / -5.09% .

Estimated using ATM implied volatility, OTM option flow, and dealer hedging conditions to capture the market-implied price range.


Bullish flow suggests upside interest toward 35.02 (21.43% above spot).

Bearish positioning points to downside pressure toward 26.29 (8.86% below spot).


Options flow strength: 0.57 (0–1 scale). ATM Strike: 29.00, Call: 0.05, Put: 0.32, Straddle Cost: 0.36.


Price moves may extend once a direction forms. The short-term gamma flip is near 29.75 , with intermediate positioning around 29.57 . The mid-term gamma flip remains near 29.51.