HIMS Weekly Options Trade Plan 2025-06-20

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HIMS Weekly Analysis Summary (2025-06-20)

HIMS Weekly Options Trade Analysis Summary

1. Technical Analysis Synthesis

Current Price: $61.07, trading above key moving averages (MAs) on the daily chart but facing bearish signals on the 5-minute chart. Moving Averages: The price is above the daily 10-period EMA ($57.78) but has recently shown bearish movement in the short-term 5-minute EMA (10-EMA at $61.28). RSI Readings: Daily RSI at 64.99 suggests nearing overbought territory, while the 5-minute RSI at 45.96 indicates weak momentum. MACD Analysis: Negative MACD histogram on the 5-minute suggests potential bearish momentum intraday. Support/Resistance: Immediate resistance at $61.67 with significant support at $60.00 and max pain level at $58.00.

2. Market Sentiment Integration

VIX Data: Elevated at 20.31, indicating increased volatility which may lead to aggressive trading behavior. Recent News: Positive sentiments due to a significant stock price increase (85.1%) but risk exists from profit-taking at highs. Options Chain: Strong liquidity with open interest at relevant strike prices, particularly for puts close to the max pain level ($58.00).

3. Directional Determination Overall sentiment leans Moderately Bearish based on: