NBIS Options History — June 2025

In June 2025, NBIS traded between $35.76 and $54.97. ATM implied volatility averaged 86.9%, placing in the 25.8% IV rank vs the trailing year. The 30-day expected move averaged 24.6%. IV traded above realized volatility by 1.6% (HV 20d: 85.3%). Max pain ranged from $30.00 to $45.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.27.

Notable Days

  • 2025-06-05: Highest Volume — 305,596 contracts
  • 2025-06-05: Largest IV spike — 30.9% change
  • 2025-06-05: Highest IV Rank — 57.7%
  • 2025-06-05: Largest Expected Move — 29.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.05$35.76$54.97$35.76$54.97
Max Pain$39.75$30.00$45.00$30.00$45.00
ATM IV86.9%69.9%107.6%75.6%88.6%
Expected Move24.6%21.1%29.0%21.1%24.6%
HV 20d85.3%78.2%92.3%84.0%91.2%
HV 60d101.2%94.2%107.8%104.0%94.2%
IV Rank25.8%0.0%57.7%5.1%28.6%
IV Percentile16.2%0.0%70.9%1.5%21.3%
Term Structure2.5%-10.3%20.6%-10.3%0.2%
VWIV87.8%74.6%102.5%74.6%86.3%
Skew 25d-6.5%-16.3%0.9%-12.8%-2.6%
Skew 10d-11.6%-54.7%28.7%-16.9%-3.7%
Call IV 25d90.8%69.3%110.1%88.5%91.3%
Put IV 25d84.3%53.0%101.0%75.7%88.6%
Bid-Ask Spread %23.7612.2343.5438.3227.17
Gamma HHI0.090.070.120.070.09
Net GEX9.9M4.0M14.6M4.0M10.9M
Net DEX-772.8M-1.05B-293.2M-293.2M-899.1M
Net VEX-2.8M-3.2M-1.9M-1.9M-3.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.270.190.380.270.27
Total Volume77,908.4532,110305,59638,75763,808
Total OI423,365.15314,056498,316314,056406,203

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-06-02$35.76$30.0075.6%21.1%84.0%5.1%74.6%-12.8%-10.3%4.0M-293.2M-1.9M0.2738.32N/AN/A30,4298,328234,70679,350
2025-06-03$37.26$30.0069.9%21.3%80.2%0.0%75.5%-16.3%3.1%5.8M-363.8M-2.0M0.2743.54N/AN/A25,3136,797248,16683,882
2025-06-04$39.48$30.0082.2%23.4%80.9%18.8%83.2%-4.3%11.5%8.0M-476.6M-2.2M0.3831.79N/AN/A41,45715,626254,27585,487
2025-06-05$46.09$37.00107.6%29.0%90.1%57.7%102.5%-9.0%5.1%8.4M-795.3M-2.4M0.2312.23N/AN/A247,96857,628266,37793,411
2025-06-06$48.44$40.0089.7%26.2%90.5%30.2%92.4%-6.4%1.1%10.1M-923.1M-2.7M0.1913.65N/AN/A81,03815,334315,829115,487
2025-06-09$52.28$40.0093.7%26.5%91.3%36.4%96.4%-16.0%-1.7%11.0M-1.04B-2.7M0.2820.31N/AN/A139,86238,924292,878102,517
2025-06-10$52.34$40.0094.2%26.0%78.2%37.1%92.0%-9.6%-0.4%12.5M-1.05B-2.9M0.2224.21N/AN/A81,66918,275329,272122,043
2025-06-11$50.36$40.0086.9%25.3%78.5%26.1%91.9%-6.7%2.0%13.9M-959.5M-3.0M0.2320.77N/AN/A61,87814,082350,514129,350
2025-06-12$50.43$40.0087.1%25.7%78.6%26.4%91.9%-8.7%3.7%13.9M-954.1M-3.1M0.2122.57N/AN/A46,6819,930356,650136,597
2025-06-13$47.22$40.0087.4%25.4%83.7%26.7%91.0%-3.2%2.1%8.7M-740.0M-2.9M0.2920.10N/AN/A57,67416,749359,576138,740
2025-06-16$50.33$40.0087.7%25.1%84.9%27.2%89.3%-3.0%-2.8%11.5M-914.1M-3.0M0.3017.97N/AN/A46,82014,045326,652127,610
2025-06-17$48.12$40.0087.8%25.2%87.0%27.3%90.0%-4.3%3.3%9.6M-784.7M-3.0M0.2716.77N/AN/A28,3137,776334,232134,843
2025-06-18$48.38$41.0085.3%24.5%84.1%23.6%87.7%-4.6%2.6%10.4M-807.1M-3.0M0.2528.29N/AN/A40,51710,164338,910138,702
2025-06-20$47.91$42.0086.0%24.5%83.9%24.6%87.2%-4.1%1.7%6.1M-756.9M-3.0M0.2825.37N/AN/A40,59011,171341,117139,961
2025-06-23$47.59$42.0084.0%23.3%82.8%21.6%83.7%0.9%-9.6%7.4M-592.9M-2.9M0.2817.21N/AN/A37,65710,535276,755111,060
2025-06-24$51.06$43.0085.6%24.0%85.4%24.0%84.2%-4.5%3.5%10.0M-767.1M-3.1M0.3219.36N/AN/A58,17618,493285,016116,875
2025-06-25$48.55$45.0090.6%23.5%88.3%31.7%86.0%-8.8%8.4%8.8M-640.1M-3.0M0.2526.97N/AN/A40,20010,128292,593126,123
2025-06-26$52.94$45.0082.3%24.6%92.3%19.0%87.3%-4.7%20.6%13.1M-883.2M-3.2M0.2419.61N/AN/A47,63911,524300,548131,601
2025-06-27$51.47$45.0085.5%23.6%90.7%23.8%83.6%-2.1%5.2%14.6M-809.7M-3.1M0.3228.98N/AN/A34,01010,961307,437135,958
2025-06-30$54.97$45.0088.6%24.6%91.2%28.6%86.3%-2.6%0.2%10.9M-899.1M-3.2M0.2727.17N/AN/A50,44013,368281,952124,251