Hims & Hers Health (HIMS) is a highly rated stock with high implied volatility, which means high option premiums. Selling a Nov. 21, 50-strike put would generate around $555 in premium with HIMS stock trading around 54.38. The put seller would have the obligation to purchase 100 shares of Hims & Hers Health stock at 50 if called upon to do so by the put buyer. The break-even price for the trade can be calculated by taking the strike price less the premium received, which in this case gives a break-even pric ...