NBIX Options History — February 2024

In February 2024, NBIX traded between $130.57 and $142.72. ATM implied volatility averaged 30.3%, placing in the 47.4% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 6.8% (HV 20d: 23.5%). Max pain ranged from $130.00 to $140.00. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.97.

Notable Days

  • 2024-02-16: Highest Volume — 1,778 contracts
  • 2024-02-07: Largest IV drop — 44.5% change
  • 2024-02-06: Highest IV Rank — 92.1%
  • 2024-02-02: Largest Expected Move — 9.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$135.15$130.57$142.72$142.57$131.55
Max Pain$134.50$130.00$140.00$140.00$135.00
ATM IV30.3%25.1%46.3%36.6%30.3%
Expected Move8.1%7.2%9.8%8.2%8.7%
HV 20d23.5%17.0%26.7%17.0%26.7%
HV 60d25.0%24.4%26.3%26.0%25.1%
IV Rank47.4%33.5%92.1%61.4%48.6%
IV Percentile46.1%17.5%98.8%88.5%53.2%
Term Structure-0.4%-5.4%3.1%-0.8%-3.8%
VWIV28.4%25.4%33.2%30.0%26.7%
Skew 25d1.8%-0.9%4.0%0.5%4.0%
Skew 10d3.2%-10.8%16.8%0.9%10.1%
Call IV 25d27.9%24.8%32.9%29.7%26.3%
Put IV 25d29.7%27.3%34.7%30.2%30.4%
Bid-Ask Spread %84.7168.70103.9670.1892.68
Gamma HHI0.250.200.310.300.20
Net GEX317.7K-565.7K1.2M1.1M-79.7K
Net DEX-27.1M-49.2M-15.5M-48.0M-15.9M
Net VEX-112.4K-129.5K-99.6K-107.0K-129.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.004.560.120.35
Total Volume346.45461,77846600
Total OI9,388.957,39010,9119,8338,690

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$142.57$140.0036.6%8.2%17.0%61.4%30.0%0.5%-0.8%1.1M-48.0M-107.0K0.1270.18N/AN/A4155,2114,622
2024-02-02$142.13$140.0039.0%9.8%17.2%67.7%30.4%-0.9%-5.4%1.0M-47.5M-102.2K0.0075.63N/AN/A22215,2334,627
2024-02-05$141.66$140.0042.6%9.1%17.0%77.5%33.1%1.1%-2.6%1.1M-46.4M-106.4K0.1568.70N/AN/A109165,3174,628
2024-02-06$142.72$140.0046.3%8.4%17.0%92.1%28.8%1.8%3.1%1.2M-49.2M-99.6K0.2073.49N/AN/A292575,3274,628
2024-02-07$136.68$140.0025.7%7.4%23.7%35.3%28.7%1.8%-1.5%899.9K-37.5M-101.0K2.94103.96N/AN/A1594685,3794,656
2024-02-08$134.33$140.0025.2%7.2%24.0%33.9%25.4%1.7%1.0%52.9K-28.0M-110.4K4.5686.89N/AN/A542465,3565,097
2024-02-09$132.06$140.0026.6%7.6%24.7%37.9%26.2%1.1%1.3%-187.8K-21.2M-115.9K1.1882.62N/AN/A33395,3645,302
2024-02-12$130.62$140.0026.5%7.6%25.0%37.5%26.5%0.8%0.9%-283.4K-17.5M-110.5K1.4083.54N/AN/A65915,3645,301
2024-02-13$133.98$130.0026.5%7.6%26.5%37.5%28.5%2.1%1.7%-231.5K-24.6M-111.5K0.9183.56N/AN/A1281175,3995,333
2024-02-14$132.18$135.0026.8%7.7%24.8%38.5%27.1%2.3%0.8%-424.6K-21.3M-110.2K0.7684.27N/AN/A41315,4325,433
2024-02-15$133.51$130.0025.1%7.2%25.1%33.5%25.8%2.9%1.6%-565.7K-22.5M-110.4K0.7388.94N/AN/A44325,4485,455
2024-02-16$132.87$130.0028.1%8.1%25.1%42.3%29.0%1.8%-0.7%242.4K-17.2M-111.5K3.2181.58N/AN/A4221,3565,4485,463
2024-02-20$132.28$130.0028.8%8.3%23.6%44.3%28.5%2.5%-0.9%184.7K-18.1M-116.9K0.0983.31N/AN/A358323,2934,097
2024-02-21$130.57$130.0027.8%8.0%23.8%41.2%27.9%3.8%-1.0%101.9K-15.5M-122.8K0.2390.86N/AN/A337793,5104,124
2024-02-22$133.58$130.0030.8%8.8%25.5%50.0%33.2%3.9%-1.3%253.2K-20.0M-118.6K0.2987.34N/AN/A56163,4924,195
2024-02-23$133.70$130.0026.1%7.5%25.5%36.4%26.9%1.1%-0.2%326.6K-20.4M-118.7K0.0687.16N/AN/A13583,5414,204
2024-02-26$134.99$130.0025.9%7.4%25.3%35.9%26.9%2.1%1.4%474.8K-22.9M-112.7K0.4789.05N/AN/A43203,5624,201
2024-02-27$136.44$130.0031.8%9.1%25.7%53.0%29.0%1.6%-2.7%523.5K-24.9M-107.6K0.1388.91N/AN/A510663,5644,219
2024-02-28$134.60$130.0028.7%8.2%26.1%43.9%28.7%0.3%1.6%577.8K-23.3M-123.6K1.6791.64N/AN/A2253753,9824,282
2024-02-29$131.55$135.0030.3%8.7%26.7%48.6%26.7%4.0%-3.8%-79.7K-15.9M-129.5K0.3592.68N/AN/A4451554,0424,648