NBIX Options History — May 2022

In May 2022, NBIX traded between $75.82 and $92.96. ATM implied volatility averaged 43.9%, placing in the 30.1% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 3.6% (HV 20d: 40.3%). Max pain ranged from $80.00 to $90.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 1.18.

Notable Days

  • 2022-05-20: Highest Volume — 11,325 contracts
  • 2022-05-06: Largest IV spike — 43.0% change
  • 2022-05-03: Highest IV Rank — 57.0%
  • 2022-05-03: Largest Expected Move — 16.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$85.79$75.82$92.96$90.66$92.96
Max Pain$86.67$80.00$90.00$90.00$85.00
ATM IV43.9%32.1%57.4%46.7%38.9%
Expected Move12.4%10.1%16.4%13.4%11.2%
HV 20d40.3%20.3%49.3%21.9%49.3%
HV 60d32.5%29.1%33.8%29.1%32.5%
IV Rank30.1%13.5%57.0%40.1%20.2%
IV Percentile50.0%2.0%90.9%73.0%25.8%
Term Structure0.5%-15.3%5.9%-5.1%5.9%
VWIV47.9%38.8%70.5%70.5%62.1%
Skew 25d7.8%-3.8%22.0%20.6%22.0%
Skew 10d11.6%-8.9%30.7%15.7%18.0%
Call IV 25d42.2%36.7%50.8%50.8%41.1%
Put IV 25d50.0%34.0%71.4%71.4%63.1%
Bid-Ask Spread %82.8970.7395.3585.1595.35
Gamma HHI0.520.260.790.400.60
Net GEX1.2M-685.0K2.4M1.1M2.2M
Net DEX3.4M-40.5M41.1M-10.2M-40.5M
Net VEX-156.0K-213.0K-114.1K-175.6K-203.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.180.423.910.602.10
Total Volume3,809.3331,81911,3251,9011,866
Total OI25,28813,18032,41023,26815,952

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$90.66$90.0046.7%13.4%21.9%40.1%70.5%20.6%-5.1%1.1M-10.2M-175.6K0.6085.15N/AN/A1,18971211,44611,822
2022-05-03$88.71$90.0057.4%16.4%20.4%57.0%54.3%9.6%-15.3%993.7K-4.8M-166.1K1.5381.43N/AN/A3,2354,95311,44911,988
2022-05-04$88.46$90.0037.0%10.6%20.3%24.7%49.7%6.7%3.9%1.1M-1.6M-176.2K3.9192.83N/AN/A1,1994,69412,26014,049
2022-05-05$84.53$80.0032.1%12.0%23.6%17.0%44.8%2.1%5.7%286.3K18.9M-144.2K0.4281.39N/AN/A6,2162,64113,38913,851
2022-05-06$79.32$80.0046.0%13.1%30.7%32.5%45.9%8.3%-2.2%-329.3K33.5M-137.1K2.1185.61N/AN/A1,2222,58315,56113,842
2022-05-09$75.82$90.0057.0%13.1%31.0%51.8%43.2%10.9%-0.2%-685.0K41.1M-121.7K0.6389.97N/AN/A1,19875317,58513,736
2022-05-10$82.03$90.0057.4%12.9%45.1%52.6%49.0%14.4%-1.0%794.3K18.9M-149.7K0.4684.33N/AN/A1,28459217,57613,742
2022-05-11$82.75$85.0043.5%12.5%45.5%28.2%45.6%1.3%3.8%1.1M12.1M-160.4K0.4978.16N/AN/A1,21960017,64913,744
2022-05-12$82.47$85.0047.6%13.7%45.1%35.5%50.1%3.8%-0.3%465.5K24.9M-124.3K0.5170.73N/AN/A1,21962017,65413,744
2022-05-13$84.29$85.0045.4%13.0%46.3%31.4%49.3%11.0%5.1%1.9M11.5M-135.7K0.5173.64N/AN/A1,21261817,65413,764
2022-05-16$84.94$85.0048.1%13.8%46.2%36.2%42.2%13.7%-1.9%2.4M6.8M-128.0K0.4982.28N/AN/A1,27662017,66413,763
2022-05-17$85.43$85.0041.5%11.9%46.2%24.7%51.2%14.9%2.0%1.8M13.7M-114.1K1.1490.71N/AN/A1,6981,94017,71613,763
2022-05-18$85.27$85.0046.4%13.3%46.0%33.3%47.3%4.7%1.7%998.7K15.2M-117.3K1.1479.84N/AN/A1,7071,94718,13613,516
2022-05-19$85.56$90.0044.7%12.8%45.6%30.4%43.1%2.5%-1.3%1.2M14.7M-115.7K0.8479.41N/AN/A3,8633,24718,14513,470
2022-05-20$85.81$90.0038.8%11.1%45.4%20.0%40.6%7.9%4.4%-495.9K9.5M-137.0K0.4684.74N/AN/A7,7753,55018,70113,709
2022-05-23$86.40$90.0040.0%11.5%45.5%22.0%44.4%4.3%1.4%1.6M-9.8M-186.3K1.6174.10N/AN/A7521,2118,4064,774
2022-05-24$85.10$90.0038.4%11.0%45.6%19.2%44.9%-3.8%2.3%1.4M-5.9M-178.5K1.5579.80N/AN/A7881,2188,4964,779
2022-05-25$88.23$85.0038.2%11.0%47.8%19.0%40.0%4.6%-1.9%1.9M-14.8M-188.8K1.2277.12N/AN/A1,2861,5638,5214,779
2022-05-26$90.18$85.0035.1%10.1%48.5%13.5%38.8%-3.7%5.9%2.3M-23.5M-202.8K0.7886.21N/AN/A1,9711,5459,2995,125
2022-05-27$92.70$85.0040.6%11.6%49.3%23.2%48.9%7.0%-2.6%2.2M-38.8M-213.0K2.3487.97N/AN/A6621,55210,7055,124
2022-05-31$92.96$85.0038.9%11.2%49.3%20.2%62.1%22.0%5.9%2.2M-40.5M-203.3K2.1095.35N/AN/A6011,26510,8285,124