ReflationCurrent RegimeDay 7as of 2026-04-17

HIMS

$30.57
IV30: 114.9%Rank: 69Regime: Reflation

Research & Monitoring

Squeeze:62FIREScan: 2026-04-24
F1 Net GEXNF2 Put WallNF5 Squeeze PressureNF8 Term BackwardationPF9 Reversal TriggerP
Draft — Unreviewed
HIMSDraft
2026-03-14

HIMS FIRE: triple Core + F9 trigger, dealers max short gamma at 0th pctile, cascade through 27 strikes

HIMS is Hims & Hers Health, a mid-cap DTC telehealth/wellness company; net dealer GEX at the 0th percentile with persistent short gamma, a put trampoline at 24.0-24.5, and call OI cascade through 26-27 create a fully loaded reflexive squeeze setup. F9 price reclaim just fired. This is a retail-heavy options name where the customer-buys/dealer-sells assumption is highly reliable. Stock has collapsed from 64 to ~25 over 3 months — a massive drawdown that has loaded put gamma below spot and stacked call OI above. IV30d at 99.5% is elevated but the squeeze mechanics are about direction, not vol cheapness. The gex_flip_strike is null, which reduces target precision and caps conviction slightly, but the 0th percentile GEX reading and 100th percentile call OI above spot are extraordinary readings.

IV Rank
VRP
Term
F4neutral
Skew-
Catalystcheck calendar
long_calllong

Target the 27 strike (peak call OI, 9.2% above spot) in the Apr 10-17 expiry cycle. This is the exact strike where dealer delta-hedging cascade concentrates. At ~0.15 delta, a move to 27 delivers 3-5x; a move through...

Entry: Enter on any pullback to 24.0-24.5 (put wall / trampoline zone) or on a decisive close above 25.50 (first call OI strike above spot). The F9 price reclaim just fired — price is...

Risk: gex_flip_strike is null — no ceiling identified means the squeeze range is unbounded on paper but undefined in practice. If spot breaks b...

long_calllong

Higher-delta, longer-dated alternative targeting the 26 strike (5.1% above spot) in the Apr 17-May 1 cycle. This strike has 13,466 weighted call OI — nearly identical to the 27 peak. The extra DTE buys time for the sq...

Entry: Same as primary: enter on trampoline bounce at 24.0-24.5 or breakout above 25.50. Prefer this structure if uncertain on timing since the weak F9 trigger means the move may take...

Risk: May 1 and May 15 expiries show earnings effect in vol surface (10.8% implied earnings move). If earnings fall within the DTE window, you...

IV Rank: 75IV30d: 99.5%Regime: ReflationScore: 69

Whale Episodes

Stored episode summaries for this symbol

Open monitor →

No whale episodes stored for HIMS.

IV 30d

114.9%

IV 60d

102.0%

IV 90d

99.7%

HV 20d

96.2%

IV Rank

69

IV-HV Spread

18.7%

Term Slope

-0.06

Structure

Backwrd

Skew (Slope)

-1.33

RV Forecast

95.0%

IV Term Structure

7d
94.6%
30d
114.9%
60d
102.0%
90d
99.7%
180d
99.6%
365d
97.0%

Historical Volatility Cone

Percentile bands (5/25/50/75/95th) with current HV highlighted

IV & HV Time Series

MARKET CLOSED
IV 30d
IV 60d
HV 20d
HIMS Price (right axis)
IV Rank

Vol Surface

25d (OTM put)
40d
ATM
60d
75d (OTM call)
Cal Vol

Skew Profile

Current: -1.33Pctile: 29th25/75: -1.4 / 0.1
Strike Slope (skew)
Curvature (smile)
Mean

Positioning

Call OI: 332,137Put OI: 141,056P/C: 0.42Max GEX: $30

Open Interest by Strike

Call OI
Put OI
Spot

Gamma Exposure (GEX) by Strike

Positive GEX (support)
Negative GEX (resistance)