NBIX Options History — January 2024

In January 2024, NBIX traded between $130.99 and $142.38. ATM implied volatility averaged 32.4%, placing in the 50.3% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 7.7% (HV 20d: 24.7%). Max pain ranged from $100.00 to $135.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.56.

Notable Days

  • 2024-01-22: Highest Volume — 1,061 contracts
  • 2024-01-09: Largest IV drop — 24.4% change
  • 2024-01-30: Highest IV Rank — 62.5%
  • 2024-01-30: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$136.27$130.99$142.38$131.22$139.94
Max Pain$105.00$100.00$135.00$110.00$135.00
ATM IV32.4%26.1%37.0%30.3%36.7%
Expected Move9.4%8.5%10.6%8.7%10.5%
HV 20d24.7%15.6%29.4%29.3%16.5%
HV 60d27.2%25.9%28.0%28.0%26.0%
IV Rank50.3%33.5%62.5%44.7%61.7%
IV Percentile65.1%23.0%92.5%51.6%89.3%
Term Structure-2.8%-7.6%2.6%2.6%-7.1%
VWIV32.7%28.3%37.2%28.3%36.8%
Skew 25d0.1%-6.0%5.6%-2.1%1.5%
Skew 10d1.8%-2.7%4.2%0.2%2.8%
Call IV 25d33.7%29.3%46.1%33.6%36.9%
Put IV 25d33.8%30.6%40.1%31.5%38.4%
Bid-Ask Spread %80.6468.9296.3896.3882.86
Gamma HHI0.300.170.470.250.27
Net GEX1.2M695.2K1.8M1.1M959.8K
Net DEX-53.0M-63.4M-41.8M-53.4M-41.8M
Net VEX-109.6K-126.0K-88.9K-122.0K-119.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.012.950.350.15
Total Volume301.571551,061162121
Total OI10,1617,90811,24810,6549,788

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$131.22$110.0030.3%8.7%29.3%44.7%28.3%-2.1%2.6%1.1M-53.4M-122.0K0.3596.38N/AN/A120426,1304,524
2024-01-03$132.96$110.0036.8%10.5%29.3%61.8%34.1%-5.4%1.0%1.1M-57.3M-118.9K1.7791.69N/AN/A26466,2124,555
2024-01-04$133.62$100.0031.3%9.3%29.0%47.2%31.8%0.9%-2.9%1.2M-57.6M-118.7K0.2168.92N/AN/A76166,2044,570
2024-01-05$132.73$100.0031.1%9.8%29.4%46.6%32.5%5.6%-3.4%1.2M-55.2M-126.0K0.2976.76N/AN/A65196,2354,589
2024-01-08$133.55$100.0034.6%9.3%29.4%56.0%32.6%0.1%-3.7%1.2M-57.9M-110.7K0.1072.26N/AN/A5056,2224,594
2024-01-09$133.82$100.0026.1%9.0%28.0%33.5%32.3%2.4%-1.6%1.2M-57.1M-113.3K0.0674.21N/AN/A6846,2224,593
2024-01-10$131.87$100.0030.7%8.8%28.9%45.6%30.8%2.8%1.0%1.1M-54.5M-111.1K0.2185.17N/AN/A57126,2134,600
2024-01-11$130.99$100.0029.7%8.5%27.7%43.1%31.0%0.2%-0.4%1.1M-53.0M-115.5K0.0179.63N/AN/A15126,2224,611
2024-01-12$131.50$100.0030.0%8.6%27.7%43.7%30.0%1.6%-1.8%969.6K-53.2M-109.6K0.0177.78N/AN/A33236,1184,612
2024-01-16$132.36$100.0030.7%8.8%26.9%45.7%29.9%1.7%-1.4%695.2K-53.6M-96.9K0.0176.43N/AN/A77845,8504,611
2024-01-17$136.16$100.0030.9%8.9%27.4%46.1%31.4%-0.8%-3.7%1.4M-61.8M-95.4K0.0279.95N/AN/A33156,1574,617
2024-01-18$136.81$100.0032.7%9.4%27.3%50.9%31.8%2.5%-2.2%1.6M-63.0M-95.3K0.0379.39N/AN/A1,025296,3154,620
2024-01-19$136.88$100.0033.5%9.6%27.3%53.0%32.6%2.2%-2.5%1.8M-63.4M-101.1K0.0177.61N/AN/A29136,6104,638
2024-01-22$139.87$100.0032.5%9.3%27.6%50.5%33.2%0.1%-2.2%782.0K-43.1M-88.9K0.0180.08N/AN/A1,047144,1833,725
2024-01-23$139.83$100.0032.8%9.4%27.5%51.4%33.8%-1.5%-3.3%1.3M-47.3M-106.7K0.2081.18N/AN/A70145,0893,726
2024-01-24$140.22$100.0031.3%9.0%16.4%47.3%31.5%0.4%-3.1%1.4M-47.8M-104.1K2.7081.62N/AN/A1253385,0823,737
2024-01-25$140.67$105.0033.3%9.5%15.6%52.6%35.0%-0.1%-5.5%1.2M-47.4M-108.7K0.0184.37N/AN/A15425,1074,057
2024-01-26$142.31$105.0033.8%9.7%15.7%54.0%34.3%-1.5%-4.9%1.5M-49.9M-115.1K2.5581.52N/AN/A1423625,2184,058
2024-01-29$142.38$120.0035.3%10.1%15.8%57.9%36.0%-6.0%-5.3%1.1M-47.3M-116.8K0.0783.29N/AN/A9065,1854,402
2024-01-30$141.96$120.0037.0%10.6%15.8%62.5%37.2%-1.9%-7.6%1.1M-46.9M-108.7K2.9582.29N/AN/A732155,1744,406
2024-01-31$139.94$135.0036.7%10.5%16.5%61.7%36.8%1.5%-7.1%959.8K-41.8M-119.0K0.1582.86N/AN/A105165,1824,606