NBIS Options History — April 2025

In April 2025, NBIS traded between $19.82 and $24.45. ATM implied volatility averaged 102.5%. The 30-day expected move averaged 30.0%. IV traded below realized volatility by 21.6% (HV 20d: 124.0%). Max pain ranged from $27.00 to $30.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.48.

Notable Days

  • 2025-04-04: Highest Volume — 72,305 contracts
  • 2025-04-10: Largest IV spike — 16.6% change
  • 2025-04-04: Largest Expected Move — 36.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.09$19.82$24.45$22.55$22.49
Max Pain$28.14$27.00$30.00$30.00$27.00
ATM IV102.5%88.7%125.2%99.0%90.7%
Expected Move30.0%24.8%36.5%28.8%24.8%
HV 20d124.0%108.7%137.0%119.3%108.7%
HV 60d141.2%113.7%154.5%146.6%113.7%
Term Structure-1.6%-6.6%11.0%2.8%-3.2%
VWIV102.8%83.6%125.7%99.2%83.6%
Skew 25d15.7%-17.8%63.4%6.4%11.2%
Skew 10d20.1%-17.0%58.6%25.6%19.7%
Call IV 25d91.2%60.3%116.3%84.6%84.5%
Put IV 25d106.9%76.1%138.7%91.0%95.7%
Bid-Ask Spread %36.2324.1151.5730.2132.92
Gamma HHI0.060.040.200.060.06
Net GEX1.6M-1.6M3.8M1.2M1.9M
Net DEX-26.4M-104.6M48.9M8.0M-37.1M
Net VEX-984.4K-1.2M-849.4K-1.0M-935.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.480.101.840.290.34
Total Volume33,042.0959,55572,30557,75228,738
Total OI382,799.381332,818453,388404,624374,900

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$22.55$30.0099.0%28.8%119.3%0.0%99.2%6.4%2.8%1.2M8.0M-1.0M0.2930.21N/AN/A44,62013,132275,601129,023
2025-04-02$24.45$30.00100.4%29.8%123.5%0.0%103.0%15.2%-1.3%3.4M-79.9M-1.2M0.3524.11N/AN/A43,81615,299290,513131,800
2025-04-03$21.63$30.00104.2%31.0%124.8%0.0%109.2%5.7%11.0%590.3K28.5M-1.0M0.6427.10N/AN/A30,77819,827304,337138,857
2025-04-04$20.37$30.00119.7%36.5%125.3%0.0%125.7%22.3%-6.2%-1.6M48.9M-969.8K1.8435.06N/AN/A25,42246,883309,005144,383
2025-04-07$20.79$30.00125.2%36.1%124.6%0.0%123.3%43.1%-3.8%904.7K-139.8K-983.6K0.2937.75N/AN/A27,1557,763255,178114,843
2025-04-08$19.82$30.00121.3%34.9%125.1%0.0%116.2%63.4%-1.8%584.0K27.2M-882.5K0.4539.71N/AN/A19,8768,850262,088117,223
2025-04-09$23.40$29.00104.8%29.1%133.6%0.0%105.0%35.8%-0.2%2.2M-50.0M-1.1M0.5334.34N/AN/A44,22223,296263,176118,602
2025-04-10$20.77$28.00122.2%34.3%137.0%0.0%111.1%22.4%-3.7%1.1M-893.5K-973.3K0.2743.42N/AN/A15,3734,153278,311116,341
2025-04-11$21.59$28.00113.7%33.0%132.5%0.0%114.2%21.3%1.9%1.6M-19.7M-1.0M0.4536.10N/AN/A12,2675,475282,452115,393
2025-04-14$20.90$28.00103.8%29.8%132.6%0.0%101.1%13.4%-3.4%821.2K2.7M-907.0K0.2736.17N/AN/A18,1534,876266,550108,503
2025-04-15$21.30$28.0099.0%28.4%130.0%0.0%95.3%14.5%-6.6%921.9K-7.3M-900.1K0.2547.54N/AN/A9,6372,448268,267107,676
2025-04-16$20.86$27.00102.8%29.5%127.0%0.0%98.8%14.9%-3.1%687.0K545.5K-867.6K0.2739.39N/AN/A10,1172,771271,421108,086
2025-04-17$21.47$27.0099.4%28.7%126.5%0.0%104.9%12.9%-3.3%1.2M-20.9M-915.5K1.3951.57N/AN/A10,71814,860275,263107,267
2025-04-21$20.56$27.0099.7%29.3%126.6%0.0%98.5%-17.8%1.7%697.5K-3.0M-849.4K0.2642.41N/AN/A11,3842,925232,358100,460
2025-04-22$21.67$27.0096.3%29.7%123.4%0.0%96.8%-5.0%-1.1%1.4M-25.1M-905.6K0.3934.49N/AN/A18,6437,274237,990101,793
2025-04-23$22.80$27.0093.0%27.1%123.9%0.0%98.7%17.7%0.0%2.4M-52.0M-945.2K0.2924.21N/AN/A39,41211,581242,560105,931
2025-04-24$24.37$27.0088.9%25.8%121.0%0.0%91.3%7.7%-4.2%3.8M-104.6M-1.0M0.1033.89N/AN/A42,6324,219252,550110,065
2025-04-25$24.18$27.0089.5%26.9%120.2%0.0%91.3%7.7%-5.8%3.8M-103.6M-1.1M0.1537.92N/AN/A15,8402,396280,727105,960
2025-04-28$24.11$27.0089.8%27.9%110.2%0.0%96.8%8.8%-1.3%2.9M-87.8M-1.1M1.0235.77N/AN/A8,6438,855264,75796,905
2025-04-29$23.83$27.0088.7%27.9%108.7%0.0%95.8%7.5%-2.5%2.9M-77.3M-1.1M0.2336.79N/AN/A7,7691,786267,397104,275
2025-04-30$22.49$27.0090.7%24.8%108.7%0.0%83.6%11.2%-3.2%1.9M-37.1M-935.8K0.3432.92N/AN/A21,4347,304270,085104,815