RESTRUCTURE ANALYSIS: HIMS (Jan 21, 2028, 650d remaining)

Stock: $19.55 | Contracts: 10 | Current: 28C/65P/25P
Put Spread: 100% of max loss ($34,500) | LC Delta: 0.648
Generated: 2026-04-11 00:49:43

CURRENT POSITION

LegStrikeExpiryDTEQty MidIntrinsicTime ValDeltaUnrealized
HP$25.0PJan'28650d+10$11.600$5.450$6.150-0.337$615
LC$28.0CJan'28650d+10$7.550$0.000$7.5500.648$-77
SP$65.0PJan'28650d-10$46.950$45.450$1.500-0.701$-800

CONSIDER CCs FIRST (LC_ONLY)

Put SpreadEXHAUSTED (100% of max loss)
LC VitalityALIVE (delta 0.648)
SP DepthDEEP ITM (232%)
TimeSTRONG (650d remaining)
Break-Even$44 (2.2x stock)
StructureEFFICIENT (SS $44, most repairs increase SS)
CrossoverAI pick wins above $15 (0.8x stock)

Current Max Loss: $34,500 | Current Recovery: $44 | 1,990 candidates evaluated

AI TOP PICK

LC $5C / SP $65P / HP $25P (LC_ONLY)
Selected because it costs DR $9,850. ML increase +$9,850 (29%). recovery at $37 (1.9x stock). only changes LC (1-leg trade, simplest), and no dead zone (every dollar of upside generates P&L).
CostDR $9,850
ML Change+$9,850
Recovery$44 -> $37.2
Safe Strike$37.2
Delta13.2
Margin+$599

Close:

Sell 10x 28C @ $7.20

Open:

Buy 10x Jan 21 '28 $5C @ $17.05
P&L Scenarios (Current BE: $44 | Repair BE: $37)
StockChangeP&LDo NothingDiff
$0.20-99%$-44,350$-34,500$-9,850
$4.89-75%$-44,350$-34,500$-9,850
$5.00-74%$-44,350$-34,500$-9,850
$9.78-50%$-39,570$-34,500$-5,070
$15.64-20%$-33,710$-34,500$+790
$19.550%$-29,800$-34,500$+4,700
$24.4425%$-24,910$-34,500$+9,590
$25.0028%$-24,350$-34,500$+10,150
$28.0043%$-18,350$-31,500$+13,150
$29.3350%$-15,690$-28,840$+13,150
$37.18 ◀90%$3,850$-9,300$+13,150
$39.10100%$3,850$-9,300$+13,150
$48.88150%$23,410$10,260$+13,150
$58.65200%$42,950$29,800$+13,150
$65.00232%$55,650$42,500$+13,150
$78.20300%$68,850$55,700$+13,150
$97.75400%$88,400$75,250$+13,150

NOTES: