NBIX Options History — April 2023

In April 2023, NBIX traded between $100.00 and $104.69. ATM implied volatility averaged 33.4%, placing in the 30.9% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 13.4% (HV 20d: 20.0%). Max pain ranged from $100.00 to $100.00. Net GEX was positive for 7 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 1.04.

Notable Days

  • 2023-04-21: Highest Volume — 814 contracts
  • 2023-04-27: Largest IV spike — 43.0% change
  • 2023-04-27: Highest IV Rank — 69.8%
  • 2023-04-27: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$102.98$100.00$104.69$100.52$100.03
Max Pain$100.00$100.00$100.00$100.00$100.00
ATM IV33.4%24.4%48.0%29.1%44.2%
Expected Move9.0%7.0%13.8%8.4%12.7%
HV 20d20.0%18.5%21.7%21.3%19.1%
HV 60d23.2%21.1%34.4%34.4%21.5%
IV Rank30.9%6.8%69.8%19.5%59.7%
IV Percentile31.0%0.4%93.3%7.5%81.3%
Term Structure-3.1%-12.7%6.5%-3.4%-12.7%
VWIV35.1%29.3%44.7%31.8%44.7%
Skew 25d12.7%1.0%21.2%7.5%8.7%
Skew 10d18.2%-4.2%35.0%20.3%18.2%
Call IV 25d29.5%26.3%41.4%26.6%41.4%
Put IV 25d42.2%28.6%56.8%34.1%50.1%
Bid-Ask Spread %92.6784.78105.5699.8489.91
Gamma HHI0.200.140.260.160.25
Net GEX-73.3K-516.0K170.5K-115.1K-516.0K
Net DEX972.9K-2.5M9.0M3.1M9.0M
Net VEX-73.3K-79.3K-67.7K-74.4K-76.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.040.0010.060.0010.06
Total Volume91.05318143199
Total OI5,964.7895,6066,3065,7846,306

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$100.52$100.0029.1%8.4%21.3%19.5%0.0%7.5%-3.4%-115.1K3.1M-74.4K0.0099.84N/AN/A302,2363,548
2023-04-04$100.00$100.0030.0%8.6%19.7%21.9%0.0%1.6%2.7%-124.0K3.4M-74.2K0.0098.65N/AN/A402,2353,548
2023-04-05$102.02$100.0036.5%10.5%20.7%39.2%0.0%21.2%-0.8%-41.7K1.5M-75.1K0.00105.56N/AN/A1602,2393,548
2023-04-06$104.48$100.0035.0%8.6%21.6%35.1%31.8%19.2%2.9%-38.6K-926.2K-78.0K0.0891.51N/AN/A1212,2373,548
2023-04-10$103.24$100.0042.5%7.9%21.7%55.0%29.3%11.7%1.2%-86.5K626.2K-74.5K0.0789.40N/AN/A1512,2553,548
2023-04-11$103.16$100.0041.6%7.3%21.2%52.7%29.8%13.8%-0.8%-92.5K653.0K-71.9K0.0591.96N/AN/A206112,2643,547
2023-04-12$103.59$100.0026.4%7.6%21.2%12.1%44.3%6.4%1.5%127.9K-2.0M-74.6K0.0090.16N/AN/A012,4683,557
2023-04-13$103.92$100.0024.4%7.0%20.2%6.8%31.1%9.3%6.5%101.4K-1.1M-70.5K0.1799.72N/AN/A2342,4683,558
2023-04-14$102.57$100.0028.7%8.2%21.2%18.2%30.7%17.2%0.7%-393157.2K-71.2K0.0094.45N/AN/A2002,4593,562
2023-04-17$104.31$100.0025.8%7.4%21.6%10.7%29.4%1.0%2.1%143.5K-2.5M-68.1K0.1790.95N/AN/A612,4763,562
2023-04-18$103.77$100.0026.2%7.5%19.7%11.8%39.6%14.8%-1.4%118.7K-1.2M-67.7K0.1492.24N/AN/A1422,4803,562
2023-04-19$104.69$100.0029.3%8.4%19.3%20.0%32.2%19.2%-2.7%151.0K-2.1M-71.0K0.6290.58N/AN/A1382,5023,562
2023-04-20$104.50$100.0028.1%8.1%19.0%16.9%36.1%16.2%-5.4%170.5K-2.3M-68.3K0.0890.23N/AN/A242202,5073,562
2023-04-21$104.34$100.0033.6%9.6%18.9%31.4%41.3%15.7%-6.8%154.6K-2.1M-70.1K5.9693.45N/AN/A1176972,5803,571
2023-04-24$103.67$100.0036.2%10.4%18.5%38.4%32.0%11.3%-8.8%-147.0K441.8K-74.8K0.9685.67N/AN/A23222,5093,097
2023-04-25$102.64$100.0035.5%10.2%19.0%36.4%34.0%11.9%-12.2%-245.8K2.7M-73.9K0.1789.27N/AN/A612,5213,119
2023-04-26$102.75$100.0033.6%9.6%18.5%31.3%37.4%20.3%-11.5%-492.4K5.6M-79.3K0.0892.50N/AN/A1312,5243,770
2023-04-27$102.38$100.0048.0%13.8%18.6%69.8%37.0%13.9%-10.1%-461.3K5.5M-78.9K0.1784.78N/AN/A2442,5253,771
2023-04-28$100.03$100.0044.2%12.7%19.1%59.7%44.7%8.7%-12.7%-516.0K9.0M-76.7K10.0689.91N/AN/A181812,5313,775