NBIX Options History — October 2018

In October 2018, NBIX traded between $101.69 and $124.44. ATM implied volatility averaged 49.3%, placing in the 70.0% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 11.1% (HV 20d: 38.2%). Max pain ranged from $95.00 to $120.00. Net GEX was positive for 6 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 0.86.

Notable Days

  • 2018-10-09: Highest Volume — 4,276 contracts
  • 2018-10-10: Largest IV spike — 17.9% change
  • 2018-10-29: Highest IV Rank — 100.0%
  • 2018-10-29: Largest Expected Move — 18.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$111.14$101.69$124.44$124.44$107.86
Max Pain$103.70$95.00$120.00$115.00$105.00
ATM IV49.3%32.5%64.7%32.5%61.1%
Expected Move14.4%9.3%18.5%9.3%17.5%
HV 20d38.2%32.2%45.7%32.2%45.6%
HV 60d39.4%33.8%42.0%38.0%34.8%
IV Rank70.0%26.0%100.0%26.0%91.4%
IV Percentile80.0%17.1%100.0%17.1%99.2%
Term Structure-4.6%-13.4%6.2%6.2%-12.1%
VWIV50.4%33.2%64.7%33.2%61.4%
Skew 25d4.8%1.2%8.1%1.2%6.6%
Skew 10d9.9%3.3%17.5%3.3%14.3%
Call IV 25d48.3%32.4%60.0%32.4%59.7%
Put IV 25d53.1%33.6%67.9%33.6%66.2%
Bid-Ask Spread %34.4917.9863.7863.7838.21
Gamma HHI0.130.090.150.150.12
Net GEX-101.5K-583.5K1.1M1.1M-85.9K
Net DEX-4.8M-38.7M12.7M-38.7M-2.9M
Net VEX-260.9K-285.9K-232.1K-232.1K-281.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.860.361.920.920.36
Total Volume2,758.3912,0824,2762,5942,606
Total OI18,220.43515,30020,38215,30018,914

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-10-01$124.44$115.0032.5%9.3%32.2%26.0%33.2%1.2%6.2%1.1M-38.7M-232.1K0.9263.78N/AN/A1,3511,2437,7367,564
2018-10-02$119.22$120.0035.5%10.2%34.9%34.3%35.2%3.9%3.8%543.2K-23.4M-232.9K1.1427.35N/AN/A9721,1107,9248,010
2018-10-03$119.01$120.0034.3%9.8%32.8%31.0%34.5%2.5%5.9%524.3K-23.0M-240.3K1.0331.93N/AN/A1,0241,0598,1548,080
2018-10-04$113.54$95.0036.6%11.7%36.5%37.1%41.8%3.1%-0.6%177.5K-9.6M-234.6K1.0425.44N/AN/A1,1121,1598,3538,111
2018-10-05$115.75$95.0036.8%12.3%34.5%37.8%43.0%3.2%-1.1%300.7K-16.0M-248.7K1.1926.39N/AN/A1,0621,2628,6848,270
2018-10-08$111.47$100.0042.4%13.5%36.7%53.1%46.9%3.9%-1.3%-8.9K-4.0M-248.7K1.3534.19N/AN/A1,6452,2288,6758,591
2018-10-09$109.16$100.0042.8%14.0%35.9%53.9%52.2%5.0%-3.2%-223.3K3.3M-242.9K1.9233.47N/AN/A1,4652,8118,7999,004
2018-10-10$106.70$100.0050.4%14.5%36.1%74.8%51.4%4.5%-4.4%-583.5K12.7M-254.7K1.2837.01N/AN/A1,2751,6338,65010,299
2018-10-11$108.17$100.0050.3%14.4%36.8%74.6%50.5%4.7%-3.6%-553.9K8.8M-254.2K0.8441.25N/AN/A1,3701,1528,54110,370
2018-10-12$111.00$100.0050.4%14.4%37.9%74.7%51.4%4.6%-2.2%-478.0K2.0M-274.2K0.6035.34N/AN/A1,6621,0028,79210,505
2018-10-15$110.97$100.0052.0%14.9%37.8%79.2%52.3%2.5%-5.2%-440.6K2.0M-275.9K0.6633.89N/AN/A1,4479559,13410,567
2018-10-16$114.00$100.0049.3%14.1%38.3%71.8%51.2%5.2%-4.1%-283.7K-8.6M-271.6K0.8745.32N/AN/A1,4341,2529,18710,547
2018-10-17$114.85$100.0049.7%14.2%37.2%72.7%50.8%5.0%-5.8%-380.0K-10.7M-276.4K1.0221.01N/AN/A1,2541,2839,33010,793
2018-10-18$114.53$100.0050.8%14.6%35.5%75.8%52.1%6.3%-6.1%-509.8K-9.8M-275.4K0.9739.67N/AN/A1,2161,1779,43410,843
2018-10-19$112.63$100.0050.2%14.4%35.8%74.1%51.3%4.7%-5.8%3.5K-4.0M-270.9K0.7525.79N/AN/A2,0631,5489,51110,871
2018-10-22$109.29$105.0053.2%15.3%36.4%82.4%51.9%5.7%-6.7%-118.3K-3.1M-268.5K0.7821.42N/AN/A1,1759198,0749,252
2018-10-23$108.68$105.0053.5%15.3%35.6%83.1%51.1%4.9%-7.0%-127.8K-2.7M-269.5K0.7417.98N/AN/A1,2479208,3279,276
2018-10-24$101.69$105.0059.0%16.9%41.5%98.0%54.2%7.2%-10.1%-462.7K11.5M-252.6K0.7452.54N/AN/A1,2289078,3529,308
2018-10-25$106.36$105.0056.1%16.1%45.7%90.4%56.6%5.7%-7.0%-255.3K2.0M-263.3K0.3724.05N/AN/A2,6319738,4059,306
2018-10-26$107.35$105.0058.7%16.8%45.1%97.4%59.2%6.0%-8.6%-68.9K-2.2M-285.9K0.3841.24N/AN/A2,6981,0239,2709,509
2018-10-29$103.85$105.0064.7%18.5%45.6%100.0%64.7%8.1%-13.4%-238.7K4.8M-268.8K0.3956.76N/AN/A2,5569859,2789,586
2018-10-30$105.70$105.0062.9%18.0%44.7%95.8%62.2%7.0%-12.8%-178.5K1.4M-276.6K0.5419.28N/AN/A1,5238269,2679,617
2018-10-31$107.86$105.0061.1%17.5%45.6%91.4%61.4%6.6%-12.1%-85.9K-2.9M-281.4K0.3638.21N/AN/A1,9236839,2639,651