Flow God
Options-Flow Commentary
Hims & Hers, a peptide and GLP-1 play, could make a big move this week because heavy short interest of 33.6% meets a very tight chart setup. After a big move up and a pullback, the stock sits on key longer-term levels and is riding its moving averages, tight enough to structure a trade at 5:1 reward to risk or better. It is a non-traditional setup for this style of trading. x.com
Hims & Hers is at a key support/resistance flip again, and technical risk now points to the upside after months of weakness. With 30% of the float short, the setup could produce a squeeze. x.com
Hims & Hers is uninvestable without trust in its management team, and there is absolutely no confidence in it. The stock looked overvalued at $60 before its steep fall; as a popular retail stock it could return to $60 or beyond, but distrust of management rules it out. x.com
Hims & Hers looks bullish after its first open-market insider buy in years, because insiders sell for various reasons but buy for only one. Per @himshouse, director David B. Wells, formerly Netflix's CFO, bought 48.4k shares for $1.2 million. A monthly close above $25 is all Hims & Hers needs. x.com
Hims & Hers should benefit as demand for peptides keeps growing faster than people anticipate. Earnings next week may bring some volatility. x.com
Hims & Hers missed earnings as expected and fell 13.5%, with heavier selling likely when the market opens. x.com
Upcoming peptide news should drive Hims & Hers higher, with room to $40 once it breaks $30. x.com
Hims & Hers' growth is on sale at a PEG of about 0.8 because last year's crash left the stock cheap. Revenue grew 40% to $753M last quarter and full-year guidance was raised to $3.3B; sub-1 PEGs are usually born from drawdowns like that. x.com
Hims & Hers is going through a major transition period with no growth, so it is not worth owning right now, even though the long-term view remains bullish. x.com
Hims & Hers is going higher after its report as growth comes back nicely. The EPS miss was mostly a legal contingency charge, a nothing burger, so shares should rise within weeks if not the next day. x.com x.com x.com