HIMS is a trending stock. While it's a popular among traders now as this company seems to be on a right track to be a big growth stock, thus the high valuation in this stock even though the company has yet to turn profitable.
This reminded me of Palantir, PLTR was trending below $20 before the company started to report profits, and when it did, the share price just kept rising. In less than 2 years the stock has gone up a few fold.
This May happen to stock like HIMS, thus playing a lottery here, selling CSP on this coming earning report, the share price will likely has a big swing in either direction, if it heads higher, the contract will become worthless and keeping the premium collected. If the share price tank, if it hovers around my strike will then take assignment otherwise will roll it further down and out if share price gone way down my strike.
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- Mortimer Arthur·07-23TOPRealistically the stock is way oversold from the novo news and now just being held down by shorts. Hoping for a good pop up soon.1Report
- Valerie Archibald·07-23TOPThis stock is becoming too weak now, it is exhausted after several swings, there is a high risk for the next days. 😉1Report
- 年年虎·07-22谢谢分享LikeReport
- 年年虎·07-22谢谢分享LikeReport