NBIX Options History — December 2023

In December 2023, NBIX traded between $116.62 and $132.60. ATM implied volatility averaged 29.3%, placing in the 37.6% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 3.7% (HV 20d: 25.6%). Max pain ranged from $105.00 to $110.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.46.

Notable Days

  • 2023-12-22: Highest Volume — 1,468 contracts
  • 2023-12-07: Largest IV spike — 40.0% change
  • 2023-12-04: Highest IV Rank — 51.0%
  • 2023-12-01: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$122.73$116.62$132.60$116.84$132.41
Max Pain$108.50$105.00$110.00$105.00$110.00
ATM IV29.3%23.3%36.9%33.0%28.1%
Expected Move7.7%6.6%9.5%9.5%8.1%
HV 20d25.6%19.8%30.6%30.6%28.8%
HV 60d27.2%25.5%29.3%28.9%28.9%
IV Rank37.6%26.0%51.0%42.6%38.8%
IV Percentile41.4%11.9%84.1%64.7%35.3%
Term Structure2.2%-4.4%5.7%-2.0%1.2%
VWIV26.2%20.0%30.1%30.1%30.1%
Skew 25d2.3%-5.3%8.5%7.8%3.5%
Skew 10d1.6%-9.2%21.1%-9.1%-4.9%
Call IV 25d26.7%17.5%32.9%30.3%29.8%
Put IV 25d29.0%22.5%38.1%38.1%33.2%
Bid-Ask Spread %92.0980.81107.04107.0485.89
Gamma HHI0.270.170.460.220.26
Net GEX883.2K536.4K1.2M933.9K1.1M
Net DEX-40.9M-55.9M-27.8M-32.8M-55.4M
Net VEX-117.1K-131.8K-91.8K-114.9K-120.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.460.001.840.010.17
Total Volume385.9321,46879143
Total OI10,494.58,35212,28810,77410,625

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$116.84$105.0033.0%9.5%30.6%42.6%30.1%7.8%-2.0%933.9K-32.8M-114.9K0.01107.04N/AN/A7814,8335,941
2023-12-04$116.62$105.0036.9%6.7%30.3%51.0%22.3%8.5%3.5%1.0M-33.4M-108.3K1.84101.94N/AN/A951754,8715,941
2023-12-05$118.59$105.0032.6%7.5%30.6%41.7%24.1%8.4%-1.6%977.6K-34.2M-110.5K0.03104.19N/AN/A3114,8996,111
2023-12-06$119.46$105.0026.3%7.2%29.3%27.8%25.9%-0.0%-0.4%1.1M-40.5M-91.8K0.1499.03N/AN/A239344,8906,111
2023-12-07$119.97$105.0036.8%6.6%28.9%50.8%21.2%-5.3%5.0%965.9K-39.9M-109.4K0.4091.88N/AN/A7523024,9746,139
2023-12-08$117.71$105.0025.9%7.7%27.7%27.0%27.0%3.4%2.3%1.2M-36.5M-131.8K1.3592.06N/AN/A1922605,3566,439
2023-12-11$118.79$110.0035.6%8.1%21.5%48.2%27.1%6.4%2.9%1.1M-39.2M-127.8K1.5689.92N/AN/A1352105,4106,654
2023-12-12$122.35$110.0036.6%7.5%21.9%50.3%27.5%1.7%5.7%951.6K-48.4M-118.3K0.9690.42N/AN/A1841765,4916,562
2023-12-13$123.28$110.0027.8%8.0%21.3%31.1%28.9%2.1%-0.3%930.1K-48.6M-116.2K0.0792.75N/AN/A7555,5036,737
2023-12-14$121.55$110.0027.9%8.0%21.5%31.4%28.1%1.0%1.6%912.4K-45.6M-125.2K0.3288.87N/AN/A103335,5126,740
2023-12-15$120.03$110.0027.6%7.9%19.9%37.5%24.5%-2.4%4.8%1.0M-41.6M-127.6K0.4091.87N/AN/A7212905,5176,771
2023-12-18$119.84$110.0025.9%7.4%20.0%32.9%24.8%1.7%4.2%573.3K-27.8M-130.7K0.7390.61N/AN/A30224,2404,112
2023-12-19$121.19$110.0025.1%7.2%20.1%30.8%25.0%1.9%3.7%589.2K-31.1M-124.5K0.1589.61N/AN/A4674,2504,123
2023-12-20$120.69$110.0023.3%6.7%20.4%26.0%21.9%6.8%5.2%759.3K-30.5M-127.3K0.0095.98N/AN/A4304,4324,129
2023-12-21$120.52$110.0026.5%7.6%19.8%34.4%25.9%0.4%3.4%689.5K-30.3M-127.8K0.6488.83N/AN/A22144,4484,158
2023-12-22$128.82$110.0024.3%7.0%29.8%28.7%20.0%0.6%1.1%596.9K-44.7M-92.6K0.2990.75N/AN/A1,1423264,4474,163
2023-12-26$131.13$110.0025.1%7.2%30.0%30.7%29.5%-1.0%5.6%536.4K-49.1M-113.5K0.1084.92N/AN/A304314,8434,476
2023-12-27$132.26$110.0029.0%8.3%29.5%41.2%29.9%-0.7%2.0%563.5K-52.5M-100.7K0.0280.81N/AN/A1,308225,0174,494
2023-12-28$132.60$110.0031.9%9.1%29.6%48.8%29.5%0.9%-4.4%1.1M-55.9M-122.1K0.0984.38N/AN/A153136,0284,503
2023-12-29$132.41$110.0028.1%8.1%28.8%38.8%30.1%3.5%1.2%1.1M-55.4M-120.5K0.1785.89N/AN/A122216,1144,511