NBIX Options History — March 2021

In March 2021, NBIX traded between $88.18 and $109.28. ATM implied volatility averaged 50.3%, placing in the 37.4% IV rank vs the trailing year. The 30-day expected move averaged 13.7%. IV traded above realized volatility by 0.5% (HV 20d: 49.8%). Max pain ranged from $100.00 to $105.00. Net GEX was positive for 7 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 1.00.

Notable Days

  • 2021-03-02: Highest Volume — 4,276 contracts
  • 2021-03-23: Largest IV spike — 45.4% change
  • 2021-03-09: Highest IV Rank — 75.0%
  • 2021-03-01: Largest Expected Move — 17.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$94.68$88.18$109.28$109.28$97.92
Max Pain$104.13$100.00$105.00$105.00$100.00
ATM IV50.3%34.7%71.2%59.4%40.4%
Expected Move13.7%9.9%17.0%17.0%11.6%
HV 20d49.8%38.6%65.0%38.6%59.9%
HV 60d47.5%41.8%53.9%41.8%53.9%
IV Rank37.4%7.3%75.0%52.6%21.2%
IV Percentile58.4%0.4%96.8%88.9%11.5%
Term Structure0.9%-13.9%10.1%-8.3%10.1%
VWIV49.0%37.4%59.6%59.6%37.5%
Skew 25d-0.1%-12.6%11.7%2.1%0.8%
Skew 10d0.6%-17.9%17.9%10.2%-8.9%
Call IV 25d50.0%35.7%61.9%61.9%39.9%
Put IV 25d49.9%40.2%64.0%64.0%40.7%
Bid-Ask Spread %82.7871.3991.4878.4291.48
Gamma HHI0.160.110.300.300.12
Net GEX-68.4K-479.8K1.1M1.1M348.2K
Net DEX16.3M-18.0M27.1M-18.0M7.0M
Net VEX-173.6K-241.0K-132.3K-241.0K-205.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.036.000.490.24
Total Volume633.522294,27633062
Total OI14,809.08712,54316,29115,92016,291

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$109.28$105.0059.4%17.0%38.6%52.6%59.6%2.1%-8.3%1.1M-18.0M-241.0K0.4978.42N/AN/A2221089,5736,347
2021-03-02$101.57$105.0048.9%14.0%45.3%32.7%42.3%-4.9%-13.9%448.5K7.0M-204.7K0.0389.83N/AN/A4,1411359,6876,395
2021-03-03$95.11$105.0051.0%14.6%41.3%36.7%53.7%-3.4%0.3%-156.0K17.4M-186.5K1.0587.39N/AN/A3163337,8236,455
2021-03-04$92.85$105.0050.1%13.3%41.6%35.0%52.9%11.7%7.2%-244.3K21.9M-173.4K2.6484.96N/AN/A421117,9316,586
2021-03-05$93.71$105.0069.3%16.1%41.7%71.5%59.4%4.6%-1.6%-201.6K19.9M-179.8K3.2577.51N/AN/A441437,9296,572
2021-03-08$89.07$105.0070.1%13.4%42.6%72.8%48.1%-2.4%4.9%-344.9K27.1M-151.3K1.4283.12N/AN/A43617,9636,628
2021-03-09$91.60$105.0071.2%15.3%44.7%75.0%56.5%-4.4%0.6%-350.8K24.7M-161.9K0.3171.39N/AN/A3741177,9666,664
2021-03-10$90.49$105.0053.4%15.3%44.6%41.3%50.3%-2.9%-5.1%-382.0K26.4M-152.5K0.8172.86N/AN/A16137,8306,667
2021-03-11$94.66$105.0052.6%15.1%47.5%39.8%51.0%6.0%-6.2%-338.7K20.4M-170.7K0.4879.47N/AN/A5272537,9836,676
2021-03-12$96.21$105.0048.9%14.0%47.9%32.8%52.0%-0.1%-3.7%-305.1K18.5M-177.9K0.0776.96N/AN/A4538,4886,921
2021-03-15$96.37$105.0052.0%14.9%47.9%38.5%53.8%-5.8%-1.7%-239.6K17.7M-171.4K0.4975.74N/AN/A77388,5176,922
2021-03-16$94.94$105.0051.6%14.8%48.0%37.9%51.6%-2.4%-5.6%-348.8K20.8M-163.2K0.6579.13N/AN/A57378,5356,923
2021-03-17$93.09$105.0050.7%14.5%46.7%36.1%55.4%0.2%-1.2%-386.7K22.8M-158.9K0.8982.77N/AN/A27248,5736,910
2021-03-18$89.31$105.0045.6%13.1%47.9%26.3%47.3%-12.6%4.5%-479.8K26.1M-144.1K6.0087.16N/AN/A15908,5816,730
2021-03-19$91.49$105.0044.0%12.6%49.5%27.2%57.4%-5.9%1.9%-220.5K23.6M-144.6K0.2882.89N/AN/A2,1666168,5846,703
2021-03-22$92.02$105.0034.7%9.9%49.8%7.3%37.4%3.7%8.9%-229.1K19.5M-140.0K0.1787.96N/AN/A94166,8855,658
2021-03-23$88.32$105.0050.4%14.5%51.0%45.7%48.5%-2.1%-0.1%-196.6K22.0M-132.3K0.8388.37N/AN/A65546,9355,678
2021-03-24$88.18$105.0043.6%12.5%50.7%29.1%47.5%0.8%3.8%-224.2K22.8M-133.0K1.2686.24N/AN/A53676,9545,731
2021-03-25$97.94$105.0038.3%11.0%65.0%16.0%37.8%4.1%7.7%60.6K10.0M-168.7K0.2979.73N/AN/A2,0235816,9845,717
2021-03-26$98.47$100.0037.0%10.6%64.4%12.9%38.6%9.3%6.0%285.0K6.4M-208.8K0.5485.53N/AN/A3461868,6576,995
2021-03-29$100.42$100.0048.8%14.0%65.0%41.7%46.8%-0.1%6.6%580.7K-1.3M-223.2K0.3386.46N/AN/A3721248,8797,066
2021-03-30$94.70$100.0043.9%12.6%63.1%29.6%41.8%1.9%5.3%241.7K11.3M-199.9K0.5788.50N/AN/A2131219,0147,103
2021-03-31$97.92$100.0040.4%11.6%59.9%21.2%37.5%0.8%10.1%348.2K7.0M-205.7K0.2491.48N/AN/A50129,0927,199