NBIX Options History — June 2023

In June 2023, NBIX traded between $91.28 and $98.66. ATM implied volatility averaged 34.6%, placing in the 34.1% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 11.4% (HV 20d: 23.2%). Max pain ranged from $95.00 to $95.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 1.21.

Notable Days

  • 2023-06-16: Highest Volume — 1,389 contracts
  • 2023-06-12: Largest IV spike — 63.5% change
  • 2023-06-12: Highest IV Rank — 67.6%
  • 2023-06-01: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$95.14$91.28$98.66$91.28$94.48
Max Pain$95.00$95.00$95.00$95.00$95.00
ATM IV34.6%28.3%47.1%38.8%33.0%
Expected Move9.3%8.0%11.1%11.1%9.5%
HV 20d23.2%20.8%24.9%24.1%22.2%
HV 60d24.3%23.3%24.8%23.3%24.1%
IV Rank34.1%17.2%67.6%45.4%29.7%
IV Percentile40.8%7.9%94.0%64.7%32.9%
Term Structure4.3%-5.8%9.1%-1.0%9.0%
VWIV32.1%25.9%41.2%29.8%29.5%
Skew 25d12.2%4.3%24.5%24.5%5.7%
Skew 10d17.0%6.9%32.4%32.4%6.9%
Call IV 25d28.8%24.7%34.9%28.3%27.8%
Put IV 25d41.0%32.8%52.8%52.8%33.5%
Bid-Ask Spread %89.4281.42100.63100.6386.50
Gamma HHI0.240.210.300.300.22
Net GEX372.2K46.7K630.3K46.7K484.0K
Net DEX-3.0M-12.4M5.8M5.8M-3.4M
Net VEX-132.9K-153.7K-107.5K-107.5K-143.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.210.008.620.005.28
Total Volume182.71431,389255333
Total OI8,8417,6029,9747,6029,974

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$91.28$95.0038.8%11.1%24.1%45.4%29.8%24.5%-1.0%46.7K5.8M-107.5K0.00100.63N/AN/A25503,8793,723
2023-06-02$92.35$95.0036.6%10.5%21.6%39.5%37.8%19.1%-5.8%149.3K3.8M-113.5K8.6296.58N/AN/A423624,0593,723
2023-06-05$93.81$95.0032.2%8.2%21.5%27.6%41.2%14.2%7.3%252.3K1.9M-122.5K0.1285.32N/AN/A143174,1043,923
2023-06-06$95.72$95.0039.9%9.5%22.9%48.1%28.4%8.8%2.1%345.3K-2.4M-126.1K0.2490.48N/AN/A71174,1753,940
2023-06-07$93.23$95.0031.7%9.1%24.6%26.2%31.0%4.3%4.1%300.6K2.7M-122.5K1.0085.96N/AN/A28284,2443,956
2023-06-08$94.11$95.0041.6%8.3%24.9%52.9%29.3%11.3%7.3%354.3K869.7K-122.0K0.0287.16N/AN/A4914,3043,982
2023-06-09$93.39$95.0028.8%8.7%24.9%18.7%32.1%10.7%5.7%316.5K2.0M-122.5K0.4890.42N/AN/A48234,3673,983
2023-06-12$93.56$95.0047.1%8.0%24.6%67.6%25.9%10.1%9.1%366.2K1.7M-120.5K0.6583.49N/AN/A55364,4154,004
2023-06-13$95.37$95.0037.0%9.9%24.7%40.3%0.0%11.1%1.9%458.8K-1.5M-121.6K0.3888.47N/AN/A53204,4674,039
2023-06-14$94.27$95.0031.9%9.1%20.8%26.9%32.2%8.1%3.9%348.5K432.9K-120.5K0.3288.74N/AN/A44144,5104,059
2023-06-15$96.92$95.0034.1%9.8%22.8%32.8%32.3%11.3%3.6%630.3K-5.7M-123.4K0.0490.06N/AN/A4724,5504,071
2023-06-16$98.31$95.0031.4%9.0%22.9%25.5%32.0%21.3%0.1%223.5K-10.4M-136.8K0.0091.87N/AN/A1,38725,4284,073
2023-06-20$97.58$95.0034.4%9.8%22.9%33.4%35.2%6.9%2.0%388.9K-8.3M-148.7K0.4689.90N/AN/A63295,1823,840
2023-06-21$98.66$95.0028.3%8.1%23.0%17.2%32.2%13.4%7.0%494.6K-12.4M-153.7K1.6786.33N/AN/A355,4303,869
2023-06-22$97.63$95.0031.9%9.1%23.5%26.8%28.8%18.8%1.1%441.6K-9.8M-147.9K2.0089.35N/AN/A125,4323,874
2023-06-23$97.07$95.0036.9%10.6%23.2%40.3%0.0%17.1%4.1%433.1K-9.0M-149.5K2.0092.42N/AN/A11225,4343,876
2023-06-26$96.41$95.0033.0%9.5%23.3%29.7%31.4%11.7%7.8%410.7K-6.5M-143.7K0.0190.45N/AN/A33325,4443,897
2023-06-27$94.75$95.0034.9%10.0%24.1%34.8%33.2%11.6%5.0%434.4K-4.4M-147.8K0.0890.27N/AN/A139115,7933,898
2023-06-28$94.44$95.0033.6%9.6%22.8%31.4%34.7%8.8%8.5%452.8K-4.4M-150.5K0.6092.04N/AN/A535,9593,909
2023-06-29$94.57$95.0029.5%8.5%22.8%20.5%31.9%8.2%6.9%483.1K-3.9M-146.7K1.4381.42N/AN/A54775,9623,910
2023-06-30$94.48$95.0033.0%9.5%22.2%29.7%29.5%5.7%9.0%484.0K-3.4M-143.0K5.2886.50N/AN/A532806,0083,966