NBIX Options History — July 2023

In July 2023, NBIX traded between $93.77 and $102.63. ATM implied volatility averaged 30.5%, placing in the 23.2% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 12.4% (HV 20d: 18.1%). Max pain ranged from $95.00 to $95.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 4.05.

Notable Days

  • 2023-07-07: Highest Volume — 2,232 contracts
  • 2023-07-05: Largest IV drop — 16.5% change
  • 2023-07-26: Highest IV Rank — 35.7%
  • 2023-07-26: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$97.73$93.77$102.63$94.53$101.70
Max Pain$95.00$95.00$95.00$95.00$95.00
ATM IV30.5%24.3%35.2%29.8%34.7%
Expected Move9.0%7.1%10.1%8.5%9.9%
HV 20d18.1%15.5%21.9%21.9%16.4%
HV 60d23.5%21.5%24.2%23.7%21.5%
IV Rank23.2%6.6%35.7%21.2%34.2%
IV Percentile25.3%0.4%54.8%15.1%50.8%
Term Structure-0.2%-5.3%10.6%4.9%-4.7%
VWIV32.5%26.3%40.9%28.8%34.6%
Skew 25d3.3%-3.0%7.5%7.5%1.6%
Skew 10d7.4%0.1%18.3%16.6%4.3%
Call IV 25d31.7%24.2%40.1%27.4%35.6%
Put IV 25d34.9%30.4%40.7%34.9%37.1%
Bid-Ask Spread %83.5076.2889.1486.7379.66
Gamma HHI0.220.200.260.210.26
Net GEX784.4K346.7K1.0M495.3K1.0M
Net DEX-11.6M-23.5M845.9K-2.5M-21.5M
Net VEX-131.8K-145.8K-122.0K-145.8K-129.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.050.0042.762.501.33
Total Volume260.672,2327105
Total OI10,023.69,74010,63110,2129,983

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$94.53$95.0029.8%8.5%21.9%21.2%28.8%7.5%4.9%495.3K-2.5M-145.8K2.5086.73N/AN/A255,9684,244
2023-07-05$94.68$95.0024.9%7.1%21.3%8.1%26.3%7.5%10.6%528.3K-1.5M-140.6K2.5085.80N/AN/A30755,9704,249
2023-07-06$94.41$95.0027.3%9.7%20.0%14.5%36.2%7.4%-3.3%475.9K-1.6M-139.4K6.9176.28N/AN/A342355,9984,283
2023-07-07$93.77$95.0024.3%7.9%17.7%6.6%29.2%2.6%2.3%346.7K845.9K-137.1K42.7681.08N/AN/A512,1816,0294,477
2023-07-10$95.23$95.0024.9%8.6%18.2%8.1%30.2%3.3%0.2%709.8K-5.2M-129.2K0.1784.00N/AN/A616,0733,781
2023-07-11$97.99$95.0027.9%9.4%20.5%16.2%33.2%4.0%-3.1%848.9K-12.9M-135.6K0.0785.47N/AN/A4336,0733,782
2023-07-12$97.15$95.0030.3%8.7%20.8%22.6%30.3%1.0%-0.2%858.8K-11.6M-130.4K0.3682.69N/AN/A1456,0943,782
2023-07-13$96.34$95.0029.8%8.6%20.1%21.3%30.7%1.2%2.8%788.1K-8.4M-125.4K0.4282.41N/AN/A1986,0963,786
2023-07-14$95.31$95.0029.5%8.5%20.0%20.4%30.0%2.1%1.0%758.8K-5.4M-123.3K1.1481.50N/AN/A28326,1013,792
2023-07-17$96.00$95.0031.4%9.0%17.5%25.6%31.2%2.0%0.7%791.8K-8.0M-122.5K0.0081.82N/AN/A9006,1353,814
2023-07-18$97.30$95.0032.6%9.3%17.4%28.7%31.6%2.7%-1.5%904.7K-12.3M-124.7K0.0083.72N/AN/A9006,1473,814
2023-07-19$97.80$95.0031.7%9.1%17.3%26.4%0.0%6.5%0.6%945.2K-14.0M-124.2K0.0089.14N/AN/A2706,1183,814
2023-07-20$98.12$95.0031.8%9.1%16.9%26.5%0.0%5.1%0.0%1.0M-14.8M-122.0K0.5585.43N/AN/A6683686,1413,814
2023-07-21$98.87$95.0030.2%8.7%16.6%22.4%30.7%3.0%-0.1%732.2K-17.4M-133.6K0.0086.79N/AN/A44026,4524,179
2023-07-24$99.81$95.0031.8%9.1%16.7%26.7%33.7%3.3%-2.9%843.7K-16.0M-133.1K19.2280.89N/AN/A183465,9053,835
2023-07-25$101.05$95.0034.0%9.7%16.9%32.4%34.3%2.5%-3.0%873.8K-18.3M-135.2K0.1279.10N/AN/A1725,9134,002
2023-07-26$100.46$95.0035.2%10.1%15.5%35.7%37.7%-0.7%-4.3%840.4K-17.4M-136.9K2.6084.38N/AN/A10265,9274,002
2023-07-27$101.37$95.0033.7%9.7%15.5%31.6%40.9%-3.0%1.9%922.7K-20.4M-134.3K0.0687.10N/AN/A3625,9354,002
2023-07-28$102.63$95.0034.7%9.9%15.8%34.3%36.1%5.9%-5.3%978.9K-23.5M-133.5K0.2585.99N/AN/A155385,9614,001
2023-07-31$101.70$95.0034.7%9.9%16.4%34.2%34.6%1.6%-4.7%1.0M-21.5M-129.3K1.3379.66N/AN/A45605,9634,020