NBIX Options History — March 2023

In March 2023, NBIX traded between $93.80 and $101.45. ATM implied volatility averaged 30.8%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 13.5% (HV 20d: 17.4%). Max pain ranged from $95.00 to $100.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 28.92.

Notable Days

  • 2023-03-15: Highest Volume — 856 contracts
  • 2023-03-07: Largest IV spike — 38.7% change
  • 2023-03-07: Highest IV Rank — 44.6%
  • 2023-03-23: Largest Expected Move — 10.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$97.26$93.80$101.45$100.95$100.96
Max Pain$98.04$95.00$100.00$100.00$100.00
ATM IV30.8%21.8%38.5%32.3%26.4%
Expected Move8.6%6.3%10.2%9.3%7.6%
HV 20d17.4%12.3%24.6%24.6%21.5%
HV 60d34.7%34.1%35.7%35.7%34.9%
IV Rank23.4%0.0%44.6%21.2%12.1%
IV Percentile15.1%0.0%50.0%14.7%1.6%
Term Structure0.6%-8.1%10.4%-6.2%4.2%
VWIV31.4%24.4%38.0%31.3%24.4%
Skew 25d5.0%-3.7%9.3%5.5%6.7%
Skew 10d13.2%3.2%30.3%9.0%8.2%
Call IV 25d28.2%23.8%33.5%29.0%23.8%
Put IV 25d33.1%26.5%41.2%34.5%30.4%
Bid-Ask Spread %98.6488.31110.04104.3198.95
Gamma HHI0.220.170.300.280.23
Net GEX-304.2K-404.9K-89.3K-199.4K-89.3K
Net DEX7.4M2.2M11.2M4.6M2.2M
Net VEX-58.7K-74.6K-41.0K-49.1K-66.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio28.920.00504.0012.890.95
Total Volume177.3482856125619
Total OI4,1602,6925,1722,6925,172

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$100.95$100.0032.3%9.3%24.6%21.2%31.3%5.5%-6.2%-199.4K4.6M-49.1K12.89104.31N/AN/A91161,1801,512
2023-03-02$100.41$100.0026.7%7.7%24.5%4.9%38.0%-2.8%6.1%-300.8K6.2M-46.7K101.00107.28N/AN/A22021,1891,617
2023-03-03$101.45$100.0021.8%6.3%23.2%0.0%37.6%-1.1%10.4%-361.5K6.5M-49.1K0.25106.93N/AN/A411,1891,817
2023-03-06$100.56$100.0027.8%7.8%20.3%15.9%0.0%4.7%2.2%-364.6K6.5M-51.0K1.0088.31N/AN/A111,1901,818
2023-03-07$98.33$100.0038.5%7.8%13.7%44.6%33.4%2.6%2.8%-329.9K8.0M-46.3K0.1399.51N/AN/A4861,1901,818
2023-03-08$97.73$100.0029.9%8.4%12.9%21.5%27.1%5.7%-0.9%-385.9K8.7M-44.6K1.43100.25N/AN/A7101,2311,823
2023-03-09$96.92$100.0029.8%8.7%12.3%21.4%33.5%-3.7%1.6%-331.6K8.1M-46.8K0.29101.17N/AN/A2881,2321,824
2023-03-10$95.80$100.0032.3%8.9%12.6%27.9%34.8%9.3%-0.6%-310.7K9.0M-45.6K504.00103.06N/AN/A15041,2581,832
2023-03-13$94.97$100.0034.6%8.2%12.7%34.1%35.3%9.0%2.0%-404.9K10.7M-41.0K0.75110.04N/AN/A431,2592,333
2023-03-14$95.06$100.0032.0%8.3%12.6%27.2%28.9%4.7%5.2%-350.0K10.9M-41.6K1.1599.46N/AN/A3023481,2562,330
2023-03-15$93.80$100.0028.5%8.2%13.0%17.8%0.0%4.0%-3.2%-400.3K11.2M-54.1K0.54100.03N/AN/A5563001,5582,676
2023-03-16$94.20$100.0031.4%9.0%13.0%25.4%32.8%8.8%-0.4%-292.1K9.6M-66.2K2.2096.25N/AN/A20441,9322,849
2023-03-17$94.36$100.0028.8%8.3%13.2%18.5%37.8%9.0%2.7%-271.0K9.3M-67.4K25.1791.45N/AN/A246041,9322,849
2023-03-20$97.26$95.0031.6%9.0%18.0%26.0%29.7%6.9%2.8%-295.8K6.3M-74.6K0.0993.21N/AN/A9181,7963,217
2023-03-21$96.42$95.0031.8%9.1%18.0%26.7%28.0%6.4%-2.8%-290.1K6.5M-71.7K0.0693.07N/AN/A1611,8443,217
2023-03-22$95.75$95.0032.4%9.3%18.0%28.2%31.9%4.8%-4.5%-327.1K7.2M-71.6K0.3996.81N/AN/A2391,8583,218
2023-03-23$95.50$95.0035.4%10.2%18.0%36.2%33.7%2.3%-0.8%-323.4K7.5M-70.0K0.2091.87N/AN/A2551,8723,211
2023-03-24$97.28$95.0033.3%9.5%19.3%30.5%26.2%5.8%-8.1%-261.1K5.6M-72.2K1.1396.82N/AN/A16181,8713,216
2023-03-27$96.95$95.0033.1%9.5%19.3%30.0%33.1%7.2%-1.9%-288.8K6.4M-70.2K10.6794.16N/AN/A3321,8863,234
2023-03-28$96.13$95.0033.8%9.7%19.3%32.0%28.1%9.3%-0.9%-339.3K7.7M-66.2K0.0098.41N/AN/A1201,8863,229
2023-03-29$96.93$95.0030.0%8.6%18.9%21.8%26.2%8.3%-0.4%-272.6K6.5M-72.1K0.0098.43N/AN/A801,8973,229
2023-03-30$99.21$95.0027.1%7.8%20.9%14.0%27.1%1.4%4.1%-207.7K4.4M-65.9K1.0098.89N/AN/A20201,9043,229
2023-03-31$100.96$100.0026.4%7.6%21.5%12.1%24.4%6.7%4.2%-89.3K2.2M-66.5K0.9598.95N/AN/A3183011,9233,249