NBIX Options History — January 2019

In January 2019, NBIX traded between $69.53 and $91.30. ATM implied volatility averaged 47.9%, placing in the 39.8% IV rank vs the trailing year. The 30-day expected move averaged 13.5%. IV traded below realized volatility by 7.6% (HV 20d: 55.5%). Max pain ranged from $70.00 to $85.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.64.

Notable Days

  • 2019-01-08: Highest Volume — 2,339 contracts
  • 2019-01-22: Largest IV spike — 11.3% change
  • 2019-01-03: Highest IV Rank — 59.2%
  • 2019-01-02: Largest Expected Move — 16.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$85.04$69.53$91.30$69.53$87.94
Max Pain$74.05$70.00$85.00$75.00$85.00
ATM IV47.9%40.5%60.1%58.7%44.4%
Expected Move13.5%11.6%16.8%16.8%11.6%
HV 20d55.5%47.0%75.0%59.8%47.0%
HV 60d61.9%57.9%63.6%58.2%60.7%
IV Rank39.8%27.9%59.2%56.9%34.1%
IV Percentile71.5%47.2%94.0%92.1%63.5%
Term Structure-2.9%-6.1%0.9%-2.2%0.9%
VWIV47.8%40.7%60.2%60.2%47.7%
Skew 25d4.3%3.0%5.8%3.1%4.1%
Skew 10d10.5%2.9%23.3%8.7%10.7%
Call IV 25d45.3%38.8%58.3%58.3%38.8%
Put IV 25d49.7%42.3%61.4%61.4%42.9%
Bid-Ask Spread %54.9544.5270.1370.1357.32
Gamma HHI0.200.140.280.190.16
Net GEX1.4M499.1K1.9M559.6K1.9M
Net DEX-48.0M-82.8M4.6M3.9M-56.6M
Net VEX-269.4K-299.5K-215.7K-215.7K-279.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.141.781.781.62
Total Volume1,365.7621472,3391,2971,025
Total OI26,141.1922,52329,42424,22426,828

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$69.53$75.0058.7%16.8%59.8%56.9%60.2%3.1%-2.2%559.6K3.9M-215.7K1.7870.13N/AN/A46683115,6268,598
2019-01-03$69.76$70.0060.1%16.0%59.4%59.2%55.0%5.6%-3.3%499.1K4.6M-218.9K0.3150.04N/AN/A43413515,8219,221
2019-01-04$74.17$70.0055.5%14.9%64.7%51.9%51.3%4.1%-2.6%811.0K-9.4M-240.1K0.1756.63N/AN/A5859815,8369,402
2019-01-07$81.37$70.0054.1%15.0%73.7%49.6%53.1%4.7%-3.8%1.2M-34.3M-250.7K1.1462.95N/AN/A41046915,6879,443
2019-01-08$84.63$70.0050.7%14.1%74.9%44.3%51.8%4.8%-2.4%1.3M-45.4M-255.9K0.2255.52N/AN/A1,92541415,9579,457
2019-01-09$85.53$70.0047.2%13.5%74.8%38.7%47.3%4.6%-2.0%1.4M-50.6M-268.8K0.2857.97N/AN/A1,53042916,5779,672
2019-01-10$84.43$70.0047.1%13.5%75.0%38.4%48.3%3.0%-2.5%1.5M-47.6M-263.8K0.9658.82N/AN/A78875616,7529,686
2019-01-11$86.65$75.0045.9%13.2%50.2%36.6%47.8%3.9%-1.0%1.5M-55.9M-275.9K1.2357.49N/AN/A54567316,92210,028
2019-01-14$85.29$75.0047.7%13.7%50.5%39.4%46.9%3.9%-4.3%1.5M-50.1M-263.8K0.3063.72N/AN/A1,24337116,94910,035
2019-01-15$87.72$75.0043.8%12.5%49.0%33.2%43.7%3.1%-1.6%1.6M-62.0M-271.3K0.1965.22N/AN/A1,33925417,52110,249
2019-01-16$88.10$75.0042.9%12.3%49.0%31.7%47.8%5.8%-1.3%1.8M-65.7M-282.3K1.0956.93N/AN/A72479018,38510,376
2019-01-17$88.78$75.0042.8%12.3%48.8%31.6%44.1%4.4%-1.4%1.9M-69.8M-281.0K0.3857.35N/AN/A65024618,41410,915
2019-01-18$91.30$75.0040.5%11.6%49.1%27.9%40.7%3.5%0.7%1.2M-82.8M-276.0K0.3355.07N/AN/A73424518,52510,899
2019-01-22$91.03$75.0045.0%12.9%48.1%35.2%43.7%4.8%-3.9%1.3M-59.0M-278.2K0.2655.16N/AN/A1,66543515,3107,213
2019-01-23$89.31$75.0047.8%13.7%49.1%39.6%44.1%4.4%-5.0%1.6M-55.4M-299.5K0.3347.31N/AN/A1,33444617,0827,574
2019-01-24$88.53$75.0045.3%13.0%48.1%35.6%43.8%4.6%-4.5%1.6M-55.7M-294.3K0.3345.33N/AN/A1,61953817,1747,720
2019-01-25$90.30$75.0044.9%12.9%47.9%35.0%45.4%4.0%-4.2%1.7M-63.0M-297.0K0.4845.60N/AN/A1,21557817,6457,756
2019-01-28$88.74$75.0047.6%13.6%48.9%39.2%50.7%5.5%-5.8%1.7M-56.9M-286.5K0.1445.83N/AN/A1291817,6367,786
2019-01-29$85.74$75.0047.6%13.7%49.3%39.3%46.4%4.4%-6.1%1.8M-45.0M-277.1K0.7844.52N/AN/A83065017,7917,796
2019-01-30$87.07$75.0046.5%13.3%48.4%37.6%44.5%4.9%-4.7%1.9M-52.1M-281.6K1.0345.01N/AN/A54856718,3078,394
2019-01-31$87.94$85.0044.4%11.6%47.0%34.1%47.7%4.1%0.9%1.9M-56.6M-279.1K1.6257.32N/AN/A39163418,4238,405