NBIX Options History — February 2023

In February 2023, NBIX traded between $101.95 and $110.54. ATM implied volatility averaged 32.9%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 0.2% (HV 20d: 32.7%). Max pain ranged from $90.00 to $105.00. Net GEX was positive for 12 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 1.20.

Notable Days

  • 2023-02-07: Highest Volume — 575 contracts
  • 2023-02-02: Largest IV spike — 38.6% change
  • 2023-02-02: Highest IV Rank — 45.0%
  • 2023-02-02: Largest Expected Move — 11.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$104.14$101.95$110.54$110.54$102.75
Max Pain$102.63$90.00$105.00$100.00$100.00
ATM IV32.9%27.1%51.1%36.9%28.6%
Expected Move9.0%7.8%11.8%10.6%8.2%
HV 20d32.7%25.8%54.7%51.5%26.0%
HV 60d38.2%35.6%40.1%38.7%35.6%
IV Rank17.4%4.7%45.0%20.4%10.6%
IV Percentile19.0%1.6%92.1%30.2%3.6%
Term Structure-0.3%-11.7%5.7%-1.2%2.6%
VWIV32.6%16.3%61.9%40.4%36.8%
Skew 25d5.9%-1.9%11.8%2.1%7.6%
Skew 10d10.4%-3.6%22.4%20.3%12.4%
Call IV 25d29.7%21.9%36.7%36.4%31.9%
Put IV 25d35.5%28.4%47.0%38.5%39.5%
Bid-Ask Spread %100.4989.16109.01100.14109.01
Gamma HHI0.280.190.540.540.28
Net GEX162.2K-208.9K973.4K795.3K-202.4K
Net DEX2.0M-9.5M5.1M-3.4M5.1M
Net VEX-51.0K-63.5K-44.4K-54.4K-46.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.200.008.330.001.00
Total Volume164.21125751824
Total OI4,475.2112,5615,7924,1682,688

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$110.54$100.0036.9%10.6%51.5%20.4%40.4%2.1%-1.2%795.3K-3.4M-54.4K0.00100.14N/AN/A18203,207961
2023-02-02$107.30$90.0051.1%11.8%52.3%45.0%61.9%10.3%-11.7%576.0K-2.8M-52.8K0.1598.88N/AN/A441673,369962
2023-02-03$110.31$90.0049.1%10.8%52.6%41.6%35.3%4.2%0.1%973.4K-9.5M-63.5K0.0889.16N/AN/A384323,7721,017
2023-02-06$105.04$100.0032.7%8.5%54.7%13.3%32.8%-1.4%3.0%462.3K-619.5K-44.4K0.7995.37N/AN/A102814,0191,039
2023-02-07$103.33$105.0036.5%8.9%28.7%19.8%27.9%-1.9%3.6%362.7K692.7K-44.5K6.99103.78N/AN/A725034,0511,097
2023-02-08$104.25$105.0028.0%8.0%28.6%5.0%27.0%3.6%-0.4%292.7K1.5M-54.3K0.04101.51N/AN/A14364,0991,588
2023-02-09$103.94$105.0027.8%8.0%28.5%4.7%29.8%11.5%0.7%242.7K1.9M-52.9K8.33101.95N/AN/A9754,0821,589
2023-02-10$103.33$105.0030.8%8.8%28.4%16.7%0.0%4.6%2.5%194.1K3.0M-52.6K0.00105.01N/AN/A46004,0811,645
2023-02-13$103.48$105.0028.8%8.3%28.5%10.9%37.7%6.3%5.7%165.2K3.4M-50.2K0.75102.92N/AN/A24184,0801,645
2023-02-14$103.19$105.0031.6%9.0%28.5%19.0%0.0%9.3%4.1%164.0K3.2M-52.6K0.02103.47N/AN/A4814,0641,661
2023-02-15$103.69$105.0027.1%7.8%28.5%6.0%33.7%7.2%2.2%145.9K3.5M-50.7K0.7193.05N/AN/A24174,0751,661
2023-02-16$103.00$105.0029.6%8.5%27.9%13.2%37.1%-0.3%0.3%77.0K4.1M-49.1K0.03100.64N/AN/A24774,0611,668
2023-02-17$103.08$105.0028.5%8.2%27.6%10.0%23.0%5.1%1.4%-164.7K4.1M-51.3K1.38103.73N/AN/A13184,1031,689
2023-02-21$102.32$105.0030.5%8.8%26.0%16.1%29.2%4.6%-1.3%-202.6K4.3M-52.0K0.0499.21N/AN/A4921,0611,500
2023-02-22$102.38$105.0028.6%8.2%25.8%10.4%27.1%5.7%1.8%-205.8K4.7M-50.2K1.5099.32N/AN/A8121,1091,503
2023-02-23$101.95$105.0029.9%8.6%25.8%14.3%16.3%11.8%-6.7%-208.9K5.1M-48.9K1.00100.14N/AN/A111,1161,508
2023-02-24$102.59$105.0029.5%8.5%26.0%13.2%25.7%10.1%-1.3%-196.1K4.7M-49.0K0.00102.44N/AN/A201,1201,509
2023-02-27$102.28$105.0039.2%11.2%25.9%41.4%36.8%11.4%-11.1%-188.9K4.9M-48.8K0.0599.65N/AN/A6431,1211,509
2023-02-28$102.75$100.0028.6%8.2%26.0%10.6%0.0%7.6%2.6%-202.4K5.1M-46.2K1.00109.01N/AN/A221,1781,510