NBIX Options History — August 2023

In August 2023, NBIX traded between $101.13 and $109.16. ATM implied volatility averaged 22.2%, placing in the 7.4% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded above realized volatility by 3.4% (HV 20d: 18.8%). Max pain ranged from $95.00 to $105.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 15 of 23 days. Put/call ratio averaged 0.57.

Notable Days

  • 2023-08-18: Highest Volume — 2,039 contracts
  • 2023-08-25: Largest IV spike — 50.9% change
  • 2023-08-25: Highest IV Rank — 16.6%
  • 2023-08-02: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$105.41$101.13$109.16$102.73$109.16
Max Pain$101.52$95.00$105.00$95.00$105.00
ATM IV22.2%14.6%27.3%25.4%21.0%
Expected Move6.4%4.2%7.7%7.3%6.0%
HV 20d18.8%14.5%21.7%16.5%21.1%
HV 60d20.0%19.2%21.2%20.2%19.3%
IV Rank7.4%0.0%16.6%9.5%14.4%
IV Percentile2.0%0.0%9.5%2.8%2.4%
Term Structure1.6%-3.3%15.0%-0.7%-1.4%
VWIV24.0%10.6%36.1%28.3%16.8%
Skew 25d0.7%-6.6%5.4%2.5%-6.6%
Skew 10d1.9%-9.0%6.6%4.3%-9.0%
Call IV 25d23.0%18.8%27.7%26.1%26.2%
Put IV 25d23.8%19.6%30.6%28.6%19.6%
Bid-Ask Spread %88.3178.31100.6989.36100.69
Gamma HHI0.400.300.650.340.35
Net GEX1.4M813.3K2.0M1.4M1.2M
Net DEX-29.8M-46.8M-21.2M-25.2M-30.5M
Net VEX-115.9K-130.7K-101.6K-121.0K-113.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.005.000.480.12
Total Volume258.65272,03917619
Total OI9,525.5227,95512,01110,0488,075

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$102.73$95.0025.4%7.3%16.5%9.5%28.3%2.5%-0.7%1.4M-25.2M-121.0K0.4889.36N/AN/A119575,9904,058
2023-08-02$103.74$95.0027.0%7.7%16.6%13.8%31.2%3.1%-2.4%1.4M-28.5M-121.4K0.0191.61N/AN/A31926,0384,056
2023-08-03$103.44$100.0020.9%7.1%16.6%0.0%24.0%-6.3%2.5%1.4M-29.4M-118.8K0.2784.83N/AN/A1136,0894,057
2023-08-04$101.54$100.0024.0%7.0%18.1%8.1%25.4%0.7%2.8%1.4M-23.7M-120.3K0.4582.51N/AN/A29136,0984,058
2023-08-07$101.13$100.0022.7%6.8%17.8%4.6%36.1%2.0%0.2%1.6M-24.1M-110.1K0.5288.21N/AN/A25136,1064,070
2023-08-08$101.38$100.0027.3%7.1%15.0%16.6%24.7%0.6%1.3%1.5M-21.2M-111.9K0.0878.31N/AN/A1216,1144,080
2023-08-09$101.46$100.0025.0%7.2%14.5%10.5%20.9%-0.8%0.2%1.5M-25.8M-108.4K0.0085.32N/AN/A2306,1204,080
2023-08-10$105.17$100.0025.1%7.2%18.3%10.7%29.1%-2.3%1.8%1.6M-35.9M-102.8K0.1890.34N/AN/A67126,1444,080
2023-08-11$105.03$100.0022.9%6.6%17.5%5.1%26.2%1.5%-2.8%1.7M-34.1M-104.3K0.5386.85N/AN/A6213286,1454,091
2023-08-14$105.50$100.0023.9%6.9%17.5%7.7%24.4%3.0%-3.3%1.8M-34.6M-106.7K2.6980.02N/AN/A16436,3164,375
2023-08-15$106.20$100.0022.2%6.4%17.2%3.2%27.4%0.8%2.4%1.6M-38.6M-105.3K0.3287.02N/AN/A63206,3214,431
2023-08-16$106.28$100.0023.9%6.9%17.3%7.8%25.1%-1.6%-1.1%1.8M-41.1M-101.6K0.0284.25N/AN/A16736,3324,431
2023-08-17$104.27$100.0023.0%6.6%19.1%5.3%30.4%1.6%-1.8%2.0M-33.5M-103.4K0.4081.81N/AN/A1,1634636,4724,434
2023-08-18$106.80$100.0021.6%6.2%20.5%1.7%21.8%-0.8%5.7%813.3K-46.8M-119.3K0.2488.87N/AN/A1,6503897,1164,895
2023-08-21$108.69$105.0019.9%5.7%21.0%0.0%21.2%2.2%0.1%1.2M-29.3M-121.1K0.4384.26N/AN/A122525,2142,741
2023-08-22$107.20$105.0021.3%6.1%21.7%3.6%21.5%1.1%-0.3%1.1M-24.9M-129.6K0.0094.85N/AN/A1805,2922,755
2023-08-23$107.75$105.0020.3%5.8%21.4%1.0%26.1%5.4%5.9%1.2M-26.5M-127.3K0.9695.07N/AN/A24235,2902,777
2023-08-24$107.41$105.0014.6%4.2%21.5%0.0%10.6%0.2%15.0%1.2M-27.3M-130.7K0.1791.52N/AN/A615,2902,777
2023-08-25$107.39$105.0022.1%6.3%21.2%16.6%22.6%2.0%1.8%1.2M-26.1M-128.4K5.0088.40N/AN/A2105,2892,777
2023-08-28$106.81$105.0017.9%5.1%21.0%7.3%20.3%3.5%8.9%1.2M-23.8M-122.4K0.2092.91N/AN/A2045,2892,777
2023-08-29$106.80$105.0021.3%6.1%20.8%14.9%20.9%3.0%0.3%1.3M-24.2M-123.4K0.1790.65N/AN/A615,2932,781
2023-08-30$108.50$105.0017.6%5.0%21.2%6.7%16.3%2.3%1.3%1.3M-29.6M-115.4K0.0093.50N/AN/A905,2912,782
2023-08-31$109.16$105.0021.0%6.0%21.1%14.4%16.8%-6.6%-1.4%1.2M-30.5M-113.2K0.12100.69N/AN/A1725,2932,782