Notable Monday Option Activity: PFGC, GRPN, HIMS

Groupon (GRPN) and Hims & Hers Health (HIMS) experienced significantly elevated options trading volume, indicating heightened investor interest and potential directional bets. GRPN's options volume reached 90.7% of its average daily share trading, with notable activity in the November 2025 $25 strike call options suggesting bullish speculation. Similarly, HIMS saw options volume at 84.1% of its average daily share trading, driven by substantial interest in the November 2025 $40 strike put options, potentially signaling bearish sentiment or hedging activity.

Analysis

Groupon (GRPN) experienced exceptionally high options trading volume, with 11,200 contracts traded, representing 90.7% of its average daily share volume. A significant portion of this activity focused on the November 2025 $25 strike call options, where 3,834 contracts were exchanged, indicating a notable bullish speculative interest or directional bet on GRPN's future performance.

Similarly, Hims & Hers Health (HIMS) also saw elevated options volume, totaling 237,079 contracts, which accounted for 84.1% of its average daily share trading volume. The most active contract was the November 2025 $40 strike put option, with 18,933 contracts traded, suggesting either a bearish outlook or hedging activity against existing long positions in HIMS.

The substantial options activity for both GRPN and HIMS, particularly the concentration in specific long-dated strikes, points to heightened investor attention and potentially divergent expectations for these companies. This level of derivatives trading, significantly outpacing typical share volumes, often signals anticipated volatility or a potential shift in underlying stock price momentum, warranting closer examination of company-specific catalysts.

Key Decisions for Investors

• Investors should monitor GRPN for fundamental developments or news that could validate the bullish sentiment implied by the high volume in long-dated call options.
• Evaluate HIMS for any emerging negative catalysts or shifts in market perception that might be driving the significant put option activity, which could indicate hedging or bearish positioning.
• Consider the elevated options volume relative to average share trading as a technical signal of increased investor interest and potential for heightened volatility in both GRPN and HIMS.