NBIX Options History — March 2019

In March 2019, NBIX traded between $75.49 and $89.57. ATM implied volatility averaged 40.8%, placing in the 25.9% IV rank vs the trailing year. The 30-day expected move averaged 12.8%. IV traded above realized volatility by 5.3% (HV 20d: 35.6%). Max pain ranged from $80.00 to $80.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 0.70.

Notable Days

  • 2019-03-21: Highest Volume — 4,467 contracts
  • 2019-03-21: Largest IV spike — 16.6% change
  • 2019-03-26: Highest IV Rank — 37.2%
  • 2019-03-26: Largest Expected Move — 15.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$82.80$75.49$89.57$78.68$87.93
Max Pain$80.00$80.00$80.00$80.00$80.00
ATM IV40.8%34.9%48.6%34.9%44.9%
Expected Move12.8%10.0%15.0%10.0%14.6%
HV 20d35.6%32.0%39.7%34.5%37.0%
HV 60d43.9%39.9%50.6%50.2%40.8%
IV Rank25.9%16.7%37.2%19.0%30.8%
IV Percentile52.5%32.1%76.6%32.1%65.5%
Term Structure5.2%2.4%7.8%4.1%6.3%
VWIV44.5%35.4%52.8%35.4%51.1%
Skew 25d2.7%-3.4%5.2%1.8%0.5%
Skew 10d6.1%-8.0%17.5%9.1%1.6%
Call IV 25d40.2%34.2%51.6%34.2%45.3%
Put IV 25d42.9%36.0%48.2%36.0%45.8%
Bid-Ask Spread %62.1238.9272.9956.2664.59
Gamma HHI0.170.130.270.140.20
Net GEX1.1M547.4K2.0M964.2K1.4M
Net DEX-13.4M-30.7M8.2M-152.6K-30.4M
Net VEX-313.0K-367.8K-262.1K-287.9K-367.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.102.470.550.62
Total Volume992.0481804,467945677
Total OI24,546.61921,61726,64524,31326,645

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$78.68$80.0034.9%10.0%34.5%19.0%35.4%1.8%4.1%964.2K-152.6K-287.9K0.5556.26N/AN/A61133415,4808,833
2019-03-04$78.97$80.0037.7%10.8%34.6%23.5%36.6%4.3%4.5%1.0M-2.7M-293.5K0.3450.34N/AN/A1344615,6508,945
2019-03-05$77.46$80.0040.5%11.6%34.9%28.0%40.1%5.1%7.3%864.5K1.3M-280.0K0.5858.72N/AN/A21412515,7518,961
2019-03-06$75.49$80.0041.6%11.9%35.4%29.8%41.6%4.3%6.9%547.4K8.2M-262.1K1.1638.92N/AN/A65075315,7768,991
2019-03-07$77.04$80.0040.6%11.6%33.6%28.2%40.4%5.2%2.4%570.5K6.4M-267.2K0.4444.81N/AN/A56424615,3459,256
2019-03-08$76.74$80.0040.3%11.6%32.0%27.7%37.9%4.7%4.9%749.1K5.6M-263.0K0.4143.42N/AN/A68828315,3608,753
2019-03-11$79.58$80.0043.4%13.5%32.9%32.6%47.3%4.6%4.5%1.3M-4.9M-278.5K0.5261.39N/AN/A1417415,5668,812
2019-03-12$80.99$80.0042.2%13.4%33.3%30.7%45.2%2.1%4.3%1.6M-10.9M-287.7K0.2272.99N/AN/A3146815,6258,831
2019-03-13$83.74$80.0036.6%12.1%35.6%21.8%42.6%4.0%4.6%2.0M-23.5M-297.2K2.4768.64N/AN/A5011,23815,7218,802
2019-03-14$83.26$80.0036.8%12.4%35.7%17.1%46.6%3.1%7.6%1.6M-20.2M-308.0K0.3370.82N/AN/A43714415,8249,727
2019-03-15$84.04$80.0036.5%12.1%35.9%16.7%42.7%3.7%5.8%702.2K-20.4M-307.6K0.3669.48N/AN/A89231815,8999,913
2019-03-18$84.69$80.0038.5%13.2%36.0%20.1%42.9%3.7%7.8%796.2K-12.4M-312.0K0.1071.47N/AN/A3303312,8058,812
2019-03-19$86.97$80.0037.1%12.4%34.3%17.7%43.0%2.6%6.1%969.7K-21.2M-323.8K1.2365.97N/AN/A36044113,0338,835
2019-03-20$85.34$80.0036.9%12.6%33.7%17.3%43.7%3.5%6.5%835.2K-14.8M-313.3K1.3072.76N/AN/A29037713,0259,098
2019-03-21$89.57$80.0043.0%13.4%35.5%27.7%47.5%3.2%3.4%898.6K-30.7M-347.1K0.1665.76N/AN/A3,85261513,1019,328
2019-03-22$85.69$80.0042.3%13.3%39.7%26.4%47.8%3.6%4.2%1.2M-22.6M-347.2K0.4171.32N/AN/A1,34454815,2659,525
2019-03-25$85.11$80.0043.0%13.6%38.8%27.6%47.8%2.2%4.9%1.2M-19.5M-338.4K1.6264.78N/AN/A36258515,4139,767
2019-03-26$86.42$80.0048.6%15.0%38.7%37.2%52.8%-3.4%4.1%1.2M-26.1M-366.0K1.2663.56N/AN/A54368315,59010,216
2019-03-27$85.69$80.0045.6%14.5%38.9%32.1%51.2%-1.2%5.0%1.2M-21.4M-361.8K0.4262.75N/AN/A41817415,79810,757
2019-03-28$85.44$80.0046.2%14.5%36.0%33.1%51.2%-0.3%3.9%1.2M-20.5M-361.9K0.2465.78N/AN/A3448215,87310,772
2019-03-29$87.93$80.0044.9%14.6%37.0%30.8%51.1%0.5%6.3%1.4M-30.4M-367.8K0.6264.59N/AN/A41726015,85510,790