HIMS: collect $270 (2.45%) premium from these sold put with strike at $55.
Contract expires in 2 weeks on 15th Aug.
Sold at a time when HIMS opened almost 13% lower than previous day after missing revenue earnings announced the day before.
The stock however rallied hard and at some point was higher than even previous day closing only to get slammed down back to close at $55.52 and 12.36% lower for the day.
Poor timing and get caught in the volatility so the puts were close to be in the money now.
Trade setup can go either way, so I'll hold this till near expiration and manage from there depending on how it goes.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 1.35 2Lot(s) | -- Closed |
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- DeltaDrift·2025-08-06TOPNice premium in 2 weeks[Happy]1Report
- moonzo·2025-08-06TOPManaging puts can be tricky1Report
