Super Bowl Stock Pick

This is a link to a sixty second super bowl commercial for HIMS which will air sometime during tonight's game:

HIMS Super Bowl Spot

An estimated 125 million viewers will see this one minute commercial. In addition, next week the senate will vote to confirm RFK Jr. for Secretary of Health and Human Resources, ushering in another week long news cycle essentially focusing national attention on the business model of HIMS. 

The only question is how far and for har long can the stock run on this news pump? To shed some light, let's take a look at the chart and some back of the envelope calculations. 

HIMS

This EW structure is targeting the mid to upper $50's to a completed Wave 5, about a 30% pop from current pricing. In terms of options, the returns are more generous. 

Feb 21st

Mar 21st

For either expiration we are looking for 3X to 5X returns. 

 

A Super Bowl ad about weight loss drugs takes on America's 'broken' health care system. Health experts and 2 senators aren't happy about it.