NBIX Options History — June 2022

In June 2022, NBIX traded between $88.82 and $99.71. ATM implied volatility averaged 39.6%, placing in the 21.3% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 4.6% (HV 20d: 35.0%). Max pain ranged from $85.00 to $85.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.83.

Notable Days

2022-06-16: Highest Volume — 6,947 contracts
2022-06-27: Largest IV spike — 42.9% change
2022-06-21: Highest IV Rank — 32.6%
2022-06-21: Largest Expected Move — 13.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$95.12	$88.82	$99.71	$93.21	$97.57
Max Pain	$85.00	$85.00	$85.00	$85.00	$85.00
ATM IV	39.6%	28.8%	46.0%	41.9%	37.8%
Expected Move	11.3%	8.3%	13.2%	12.0%	10.8%
HV 20d	35.0%	20.3%	48.6%	48.5%	37.2%
HV 60d	34.7%	32.3%	37.3%	32.5%	36.9%
IV Rank	21.3%	2.5%	32.6%	25.3%	18.2%
IV Percentile	32.6%	0.4%	71.0%	45.2%	17.5%
Term Structure	2.6%	-2.9%	17.1%	1.2%	3.9%
VWIV	41.3%	26.2%	54.1%	50.2%	37.0%
Skew 25d	6.4%	-0.2%	14.4%	10.5%	6.4%
Skew 10d	7.4%	-15.4%	24.4%	9.5%	9.3%
Call IV 25d	38.2%	30.8%	44.3%	38.9%	37.0%
Put IV 25d	44.6%	37.8%	54.3%	49.4%	43.4%
Bid-Ask Spread %	78.32	66.46	95.45	82.95	95.45
Gamma HHI	0.48	0.30	0.75	0.61	0.36
Net GEX	2.6M	1.7M	4.3M	2.3M	2.4M
Net DEX	-52.1M	-87.7M	-22.4M	-41.1M	-58.3M
Net VEX	-189.9K	-213.9K	-162.7K	-201.0K	-181.8K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.83	0.11	1.73	1.46	1.40
Total Volume	2,260.429	1,099	6,947	2,132	1,099
Total OI	17,971.952	15,992	24,109	15,992	17,809

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-06-01	$93.21	$85.00	41.9%	12.0%	48.5%	25.3%	50.2%	10.5%	1.2%	2.3M	-41.1M	-201.0K	1.46	82.95	N/A	N/A	867	1,265	10,856	5,136
2022-06-02	$94.36	$85.00	40.9%	10.8%	48.6%	23.7%	43.2%	10.1%	2.3%	2.2M	-48.7M	-195.5K	1.61	66.46	N/A	N/A	791	1,270	10,886	5,136
2022-06-03	$95.69	$85.00	35.6%	11.3%	45.2%	14.3%	29.8%	7.6%	2.2%	1.8M	-58.3M	-187.2K	1.73	67.24	N/A	N/A	536	927	10,889	5,160
2022-06-06	$94.41	$85.00	41.5%	11.2%	37.8%	24.7%	44.2%	1.5%	0.8%	2.7M	-45.1M	-184.3K	1.16	68.05	N/A	N/A	798	927	10,891	5,169
2022-06-07	$95.57	$85.00	41.5%	10.5%	32.0%	24.8%	42.2%	3.7%	4.0%	2.7M	-50.2M	-184.9K	0.94	69.17	N/A	N/A	984	927	11,200	5,169
2022-06-08	$97.59	$85.00	35.8%	10.3%	20.3%	14.7%	40.1%	-0.2%	3.9%	2.5M	-61.9M	-180.5K	0.20	69.99	N/A	N/A	4,703	924	11,386	5,169
2022-06-09	$97.82	$85.00	35.9%	10.3%	20.5%	14.9%	26.2%	7.0%	3.6%	3.4M	-72.9M	-198.6K	0.94	74.47	N/A	N/A	977	922	14,448	5,166
2022-06-10	$94.63	$85.00	37.0%	10.6%	25.0%	16.8%	39.8%	3.4%	-2.9%	3.5M	-55.4M	-195.6K	0.69	71.95	N/A	N/A	975	677	14,309	5,183
2022-06-13	$91.46	$85.00	41.6%	11.9%	28.2%	24.9%	47.1%	5.3%	4.2%	3.2M	-36.6M	-182.2K	0.86	70.31	N/A	N/A	787	677	13,690	5,191
2022-06-14	$91.00	$85.00	38.9%	11.1%	28.3%	20.1%	39.0%	7.5%	4.8%	3.4M	-30.1M	-176.9K	0.86	74.79	N/A	N/A	783	677	13,684	5,191
2022-06-15	$93.04	$85.00	40.4%	11.6%	29.1%	22.8%	54.1%	1.7%	-1.8%	4.3M	-45.9M	-186.2K	0.57	76.69	N/A	N/A	1,196	677	14,014	5,191
2022-06-16	$88.82	$85.00	45.9%	13.1%	34.2%	32.3%	45.2%	11.5%	-1.2%	3.9M	-22.4M	-162.7K	0.11	85.80	N/A	N/A	6,254	693	13,876	5,191
2022-06-17	$93.13	$85.00	43.1%	12.4%	37.8%	27.5%	49.9%	11.6%	2.8%	1.7M	-87.7M	-213.9K	0.25	83.56	N/A	N/A	2,747	691	18,897	5,212
2022-06-21	$93.56	$85.00	46.0%	13.2%	37.8%	32.6%	48.4%	4.3%	-1.5%	2.1M	-41.3M	-209.0K	0.36	81.76	N/A	N/A	1,844	661	12,664	4,797
2022-06-22	$94.06	$85.00	42.0%	12.0%	37.8%	25.5%	43.3%	9.3%	3.5%	2.1M	-41.2M	-202.3K	0.49	82.46	N/A	N/A	1,356	660	12,759	4,799
2022-06-23	$97.65	$85.00	37.6%	10.8%	38.8%	17.9%	35.3%	5.3%	2.8%	2.3M	-54.7M	-200.8K	0.50	80.05	N/A	N/A	1,326	663	12,783	4,798
2022-06-24	$98.44	$85.00	28.8%	8.3%	37.3%	2.5%	35.8%	3.1%	17.1%	2.3M	-60.9M	-183.5K	0.51	91.75	N/A	N/A	1,331	685	12,789	4,803
2022-06-27	$99.71	$85.00	41.2%	11.8%	36.9%	24.1%	43.0%	14.4%	-0.4%	2.2M	-62.2M	-192.7K	0.73	88.60	N/A	N/A	947	696	12,802	4,818
2022-06-28	$97.59	$85.00	39.5%	11.3%	37.0%	21.2%	34.2%	7.7%	3.3%	2.3M	-56.7M	-188.0K	1.02	80.90	N/A	N/A	642	654	12,917	4,836
2022-06-29	$98.26	$85.00	38.5%	11.0%	37.0%	19.4%	39.6%	1.9%	1.3%	2.3M	-61.6M	-181.1K	1.09	82.35	N/A	N/A	600	653	12,914	4,833
2022-06-30	$97.57	$85.00	37.8%	10.8%	37.2%	18.2%	37.0%	6.4%	3.9%	2.4M	-58.3M	-181.8K	1.40	95.45	N/A	N/A	457	642	12,975	4,834