NBIX Options History — May 2024

In May 2024, NBIX traded between $134.91 and $143.83. ATM implied volatility averaged 27.9%, placing in the 42.7% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded below realized volatility by 3.2% (HV 20d: 31.1%). Max pain ranged from $130.00 to $130.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.75.

Notable Days

  • 2024-05-17: Highest Volume — 965 contracts
  • 2024-05-15: Largest IV drop — 22.7% change
  • 2024-05-01: Highest IV Rank — 60.7%
  • 2024-05-01: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$139.62$134.91$143.83$143.83$135.54
Max Pain$130.00$130.00$130.00$130.00$130.00
ATM IV27.9%22.8%34.0%34.0%27.6%
Expected Move7.6%6.5%9.7%9.7%7.9%
HV 20d31.1%25.7%34.6%31.2%25.7%
HV 60d26.4%25.6%27.5%27.2%27.2%
IV Rank42.7%27.5%60.7%60.7%41.9%
IV Percentile37.0%8.7%74.6%74.6%36.1%
Term Structure2.0%-2.1%6.8%-1.1%-2.1%
VWIV27.2%24.2%34.4%33.2%28.8%
Skew 25d1.2%-7.5%6.7%0.7%2.9%
Skew 10d1.0%-12.8%9.3%-2.2%7.8%
Call IV 25d26.8%22.4%34.0%34.0%25.4%
Put IV 25d28.0%17.0%36.8%34.7%28.3%
Bid-Ask Spread %91.0982.4399.7691.9099.76
Gamma HHI0.230.150.340.240.16
Net GEX2.2M954.4K4.0M3.0M1.0M
Net DEX-45.4M-68.3M-27.2M-68.3M-30.3M
Net VEX-265.7K-296.8K-238.1K-247.4K-290.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.750.015.055.051.87
Total Volume399.22759965920135
Total OI16,267.81813,47019,03215,86915,285

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$143.83$130.0034.0%9.7%31.2%60.7%33.2%0.7%-1.1%3.0M-68.3M-247.4K5.0591.90N/AN/A15276810,1245,745
2024-05-02$141.14$130.0033.1%9.5%32.0%58.1%34.4%3.6%-2.1%2.4M-54.0M-261.1K0.6392.48N/AN/A57136210,1406,292
2024-05-03$140.72$130.0028.8%8.3%31.6%45.5%29.8%2.3%-0.3%2.8M-53.2M-262.4K0.1690.00N/AN/A2544010,5086,588
2024-05-06$142.08$130.0033.4%8.1%31.7%59.0%28.8%0.7%3.9%3.0M-58.2M-256.1K0.1582.74N/AN/A1862810,5996,597
2024-05-07$143.56$130.0030.6%7.7%31.9%50.6%26.3%-2.0%3.6%3.6M-65.3M-253.8K0.3382.43N/AN/A30510010,7176,596
2024-05-08$138.68$130.0032.0%7.6%34.4%54.9%26.5%-0.2%3.3%2.3M-44.9M-253.2K0.1988.18N/AN/A5159910,9186,740
2024-05-09$139.41$130.0027.5%7.2%34.1%41.5%25.2%-3.9%4.2%2.8M-47.4M-254.8K0.0890.75N/AN/A1981611,0886,815
2024-05-10$136.73$130.0031.1%7.1%34.5%52.2%24.5%-7.5%6.8%1.7M-36.2M-248.4K0.0691.07N/AN/A1731111,2096,812
2024-05-13$135.61$130.0028.1%7.3%33.6%43.4%25.9%1.0%4.4%954.4K-31.1M-238.1K1.6682.61N/AN/A11118411,1096,815
2024-05-14$138.25$130.0030.8%7.3%33.9%51.4%25.9%0.1%3.8%2.0M-39.8M-249.0K0.2888.50N/AN/A802211,1786,928
2024-05-15$141.20$130.0023.8%6.8%34.6%30.5%24.3%3.1%4.6%3.3M-50.9M-246.3K0.0188.37N/AN/A7911011,1906,934
2024-05-16$141.72$130.0024.3%7.0%34.2%31.9%26.1%-1.1%2.7%4.0M-56.4M-265.3K0.0991.51N/AN/A3853511,8156,936
2024-05-17$140.82$130.0023.9%6.8%34.2%30.7%24.2%1.4%2.6%3.1M-50.9M-257.0K0.3488.31N/AN/A72024512,1026,930
2024-05-20$141.00$130.0022.8%6.5%34.1%27.5%24.7%1.3%1.7%1.6M-43.3M-270.7K0.1394.18N/AN/A142197,9725,498
2024-05-21$139.81$130.0024.7%7.1%28.2%33.3%24.5%6.3%-0.7%1.5M-40.9M-274.0K3.8093.22N/AN/A461758,0715,513
2024-05-22$139.02$130.0026.9%7.7%27.7%39.6%27.7%6.7%-0.5%1.4M-38.1M-273.7K0.2295.07N/AN/A64148,0975,668
2024-05-23$140.20$130.0024.5%7.0%27.4%32.5%26.8%1.5%3.7%1.4M-40.2M-276.0K0.1297.88N/AN/A606748,1175,676
2024-05-24$140.09$130.0024.2%6.9%27.1%31.8%24.6%3.2%1.8%1.6M-43.0M-295.3K0.0893.88N/AN/A6458,6675,738
2024-05-28$140.99$130.0024.9%7.1%25.7%33.7%27.7%1.8%3.8%1.7M-45.8M-294.6K0.2893.85N/AN/A46138,7085,737
2024-05-29$134.91$130.0029.1%8.4%30.2%46.4%28.3%4.2%1.3%1.1M-27.2M-280.2K0.8593.37N/AN/A5174418,7185,750
2024-05-30$136.34$130.0027.8%8.0%26.3%42.4%29.5%0.0%-1.0%1.2M-34.5M-296.8K0.0593.84N/AN/A5839,1916,061
2024-05-31$135.54$130.0027.6%7.9%25.7%41.9%28.8%2.9%-2.1%1.0M-30.3M-290.4K1.8799.76N/AN/A47889,2256,060