Bulls: Bet on a Rebound for This Telehealth Stock

Telehealth stock Hims & Hers Health Inc (NYSE:HIMS) nabbed an all-time high last week after a push above $30, which happens to be three times its 2019 initial public offering (IPO) price. The peak was followed by a sharp pullback, which may have been exaggerated by an unwinding of long positions associated with expiring November call open interest (OI) and delta-hedge selling related to heavy out-of-the-money OI in 11/22 through standard December options. There is plenty of support lingering below to captur ...