NBIX Options History — January 2025

In January 2025, NBIX traded between $137.11 and $152.81. ATM implied volatility averaged 32.8%, placing in the 17.9% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 14.0% (HV 20d: 18.7%). Max pain ranged from $115.00 to $125.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.27.

Notable Days

  • 2025-01-06: Highest Volume — 4,386 contracts
  • 2025-01-14: Largest IV drop — 39.7% change
  • 2025-01-13: Highest IV Rank — 29.8%
  • 2025-01-31: Largest Expected Move — 10.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$144.31$137.11$152.81$137.15$152.56
Max Pain$124.50$115.00$125.00$125.00$125.00
ATM IV32.8%21.6%41.5%26.8%37.7%
Expected Move9.1%6.2%10.8%7.7%10.8%
HV 20d18.7%13.5%23.7%23.4%13.5%
HV 60d26.4%22.1%27.4%27.4%22.1%
IV Rank17.9%2.7%29.8%9.7%24.6%
IV Percentile54.0%1.6%83.7%21.0%78.2%
Term Structure-0.0%-8.7%13.2%13.2%-8.7%
VWIV31.7%24.0%40.7%29.8%34.3%
Skew 25d1.3%-13.7%14.8%7.6%-0.3%
Skew 10d-4.2%-15.4%5.3%-1.0%4.9%
Call IV 25d31.7%20.8%41.7%21.7%32.3%
Put IV 25d33.0%27.0%41.9%29.3%32.0%
Bid-Ask Spread %94.5187.99104.42104.4298.06
Gamma HHI0.280.150.630.160.18
Net GEX1.1M74.6K4.8M520.7K351.8K
Net DEX-36.7M-53.8M-25.8M-26.1M-40.2M
Net VEX-129.0K-173.9K-101.4K-115.9K-112.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.270.000.890.270.08
Total Volume790.95274,38615278
Total OI11,812.357,89516,0687,89511,187

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$137.15$125.0026.8%7.7%23.4%9.7%29.8%7.6%13.2%520.7K-26.1M-115.9K0.27104.42N/AN/A120324,3283,567
2025-01-03$138.03$125.0021.6%6.2%23.3%2.7%26.0%11.8%11.0%649.2K-29.5M-104.5K0.50104.16N/AN/A1894,3953,576
2025-01-06$137.11$115.0029.0%8.4%23.2%12.7%28.8%-0.7%-1.7%632.6K-28.3M-103.9K0.8594.06N/AN/A2,3702,0164,4093,573
2025-01-07$137.24$125.0037.0%7.9%22.9%23.6%30.8%-2.2%0.2%1.5M-31.3M-143.1K0.8987.99N/AN/A1,7421,5506,7105,585
2025-01-08$138.92$125.0030.4%9.1%23.1%14.7%32.1%-3.5%-1.2%2.4M-35.4M-169.4K0.5791.38N/AN/A3482008,3187,077
2025-01-10$140.88$125.0038.8%9.7%23.4%26.1%33.7%2.5%-3.2%3.5M-53.8M-173.9K0.0690.12N/AN/A374248,5717,274
2025-01-13$142.32$125.0041.5%8.9%23.2%29.8%30.8%2.9%1.3%4.8M-50.8M-159.1K0.0692.72N/AN/A3,4851948,7897,279
2025-01-14$140.20$125.0025.0%8.8%23.6%7.3%26.9%14.8%-1.0%456.2K-25.8M-157.5K0.1193.49N/AN/A240275,8567,467
2025-01-15$142.42$125.0030.2%8.7%23.7%14.4%30.4%-0.1%0.1%1.1M-36.7M-131.1K0.1594.85N/AN/A148225,7367,477
2025-01-16$142.41$125.0030.7%8.8%16.7%15.1%31.9%2.3%3.4%1.2M-36.6M-131.5K0.0088.05N/AN/A72025,8677,485
2025-01-17$143.22$125.0031.2%8.9%15.2%15.7%29.0%9.3%2.7%74.6K-36.0M-136.2K0.2891.38N/AN/A1,1003046,0667,486
2025-01-21$146.05$125.0031.1%8.9%14.9%15.7%33.9%-3.5%-0.1%276.8K-31.4M-140.3K0.0191.67N/AN/A9814,4846,466
2025-01-22$146.81$125.0032.4%9.3%14.9%17.4%27.5%-6.3%-1.2%231.6K-30.6M-142.8K0.0992.96N/AN/A120114,5266,467
2025-01-23$148.36$125.0031.7%9.1%15.0%16.4%32.9%3.4%-3.3%543.9K-37.5M-118.3K0.8589.24N/AN/A33284,5246,474
2025-01-24$148.69$125.0034.5%9.9%15.0%20.3%32.8%-2.2%-4.5%554.6K-38.6M-113.0K0.1492.33N/AN/A2944,5196,464
2025-01-27$149.02$125.0036.3%10.4%15.0%22.7%40.7%-4.9%-2.8%591.6K-40.4M-106.4K0.5098.12N/AN/A40204,5286,469
2025-01-28$151.19$125.0036.0%10.3%15.2%22.3%24.0%2.3%1.2%554.1K-41.9M-102.2K0.0799.96N/AN/A8864,5486,489
2025-01-29$150.75$125.0036.6%10.5%15.4%23.2%40.7%-13.7%-3.0%496.6K-39.2M-116.7K0.0097.98N/AN/A8304,5876,493
2025-01-30$152.81$125.0036.7%10.5%14.3%23.2%36.5%5.9%-2.9%691.9K-44.9M-101.4K0.0197.31N/AN/A13414,6386,493
2025-01-31$152.56$125.0037.7%10.8%13.5%24.6%34.3%-0.3%-8.7%351.8K-40.2M-112.9K0.0898.06N/AN/A7264,6936,494