NBIX Options History — February 2025

In February 2025, NBIX traded between $114.00 and $152.38. ATM implied volatility averaged 35.5%, placing in the 21.6% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded below realized volatility by 28.5% (HV 20d: 64.0%). Max pain ranged from $120.00 to $125.00. Net GEX was positive for 9 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 5.50.

Notable Days

  • 2025-02-14: Highest Volume — 6,100 contracts
  • 2025-02-11: Largest IV drop — 32.6% change
  • 2025-02-10: Highest IV Rank — 29.8%
  • 2025-02-04: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$124.44$114.00$152.38$150.38$117.26
Max Pain$123.42$120.00$125.00$125.00$125.00
ATM IV35.5%28.0%41.5%40.2%35.1%
Expected Move9.8%7.7%11.6%11.5%10.1%
HV 20d64.0%15.3%77.4%15.3%76.7%
HV 60d42.7%21.5%48.7%22.1%48.1%
IV Rank21.6%11.4%29.8%27.9%21.0%
IV Percentile65.5%27.8%84.5%81.3%66.7%
Term Structure-1.8%-12.9%6.4%-11.8%-1.4%
VWIV33.6%27.6%39.8%30.6%30.6%
Skew 25d0.2%-9.8%16.0%-9.5%8.9%
Skew 10d-5.3%-18.0%23.7%23.7%-10.5%
Call IV 25d32.0%21.5%41.8%39.1%21.7%
Put IV 25d32.2%21.4%40.6%29.6%30.6%
Bid-Ask Spread %92.5185.8499.1099.1095.00
Gamma HHI0.310.130.560.190.33
Net GEX-494.6K-2.5M814.0K332.5K20.0K
Net DEX4.9M-44.7M47.3M-37.2M91.6K
Net VEX-225.7K-300.7K-94.4K-115.5K-282.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.500.0492.850.090.80
Total Volume1,126.52696,100129
Total OI16,919.42111,20522,91311,20617,640

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$150.38$125.0040.2%11.5%15.3%27.9%30.6%-9.5%-11.8%332.5K-37.2M-115.5K0.0999.10N/AN/A1114,7066,500
2025-02-04$152.38$125.0040.6%11.6%15.6%28.5%39.8%0.6%-12.9%814.0K-44.7M-94.4K1.8494.91N/AN/A1152124,7066,499
2025-02-05$150.94$125.0039.5%11.3%15.9%27.0%38.4%-2.9%-6.7%684.6K-42.4M-98.4K0.0598.04N/AN/A7444,7746,706
2025-02-06$150.24$120.0040.0%9.1%16.2%27.7%32.1%-3.6%-3.5%443.9K-37.2M-114.6K0.6798.10N/AN/A1671124,8006,683
2025-02-07$121.94$120.0036.1%8.5%77.2%22.4%31.0%3.4%6.4%-2.3M26.6M-138.5K1.1293.18N/AN/A2,1122,3724,9676,794
2025-02-10$118.49$125.0041.5%9.0%77.2%29.8%33.9%1.5%1.6%-2.5M40.4M-165.1K0.5694.31N/AN/A1,0745986,2048,316
2025-02-11$116.83$120.0028.0%7.7%76.9%11.4%27.6%3.2%5.9%-2.1M46.2M-176.5K0.0792.93N/AN/A4,5713217,1028,868
2025-02-12$117.87$120.0030.3%8.7%77.1%14.5%31.3%3.2%4.8%-1.2M16.0M-289.5K1.8191.00N/AN/A14826811,5308,948
2025-02-13$116.91$120.0031.8%9.1%76.6%16.6%32.1%-9.8%2.7%-581.4K23.5M-269.8K0.1294.79N/AN/A2863411,6249,025
2025-02-14$115.13$120.0032.2%9.2%76.5%17.0%29.2%5.5%0.6%-371.0K26.8M-269.2K92.8590.92N/AN/A656,03511,6598,971
2025-02-18$114.00$125.0032.2%9.2%76.3%17.1%34.5%-4.9%1.3%-265.3K42.8M-266.0K0.0790.26N/AN/A4313011,67310,207
2025-02-19$114.03$125.0034.8%10.0%75.6%20.7%36.2%-7.2%-0.5%-532.0K47.3M-275.2K0.2090.11N/AN/A821612,02710,886
2025-02-20$116.88$125.0036.6%10.5%76.5%23.1%35.1%0.1%-4.2%-669.5K9.0M-291.2K1.6185.84N/AN/A33353511,7048,633
2025-02-21$120.31$125.0033.3%9.6%77.4%18.6%33.8%-2.0%-2.3%-1.5M-14.0M-300.7K0.1291.72N/AN/A2673311,9078,509
2025-02-24$119.50$125.0036.1%10.3%77.3%22.4%36.3%-4.9%-6.1%44.0K-12.6M-289.8K0.0587.59N/AN/A5739,9876,818
2025-02-25$116.53$125.0036.4%10.4%77.3%22.8%34.1%2.9%-3.2%210.1K363.7K-276.4K1.9987.04N/AN/A31061610,0446,819
2025-02-26$117.81$125.0035.3%10.1%77.2%21.3%35.9%16.0%-3.6%32.3K201.8K-291.0K0.0490.22N/AN/A78310,1677,423
2025-02-27$116.94$125.0034.1%9.8%77.1%19.7%36.3%4.2%-2.2%7.5K2.7M-283.7K0.4092.58N/AN/A15610,2207,423
2025-02-28$117.26$125.0035.1%10.1%76.7%21.0%30.6%8.9%-1.4%20.0K91.6K-282.8K0.8095.00N/AN/A5410,2227,418