Hims & Hers Health, Inc.
Long

New position HIMS

112
I have traded this stock in the past and have been waiting for a dip. My plan is to sell covered-calls on this stock. I bought my first LEAP call today at a nice discount and am prepped to average down to the red dashed line if this occurs. I updated weekly fib extensions. The daily stochastic RSI is bottoming, but the weekly is peaking. If we reach around 25 $ on a base this would be forming a huge cup and handle.

Strategy:

2026 LEAP calls ~1k each
15$ strikes, plan to exercise these in two years time
Hopefully by then they will be paid off with premium and the stock will be well above 15$
This is my cash flow strategy for most of my accounts now

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