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Posted by
Two Blokes Apr 28 -
Filed in
Stock
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2 views
Hims & Hers boasts excellent underlying performance, but the stock's current valuation remains uncomfortably high. Despite a 40% drop in stock price, shares are not yet a value, and selling put options offers a better risk/reward. Selling the August, $18-strike put options yields 27.7% annualized, providing a robust yield, and a potentially stronger entry point at a more attractive valuation.
