Neurocrine Biosciences Stock Options

NBIX Stock  USD 153.29  2.61  1.73%   
Neurocrine Biosciences' latest option contracts expiring on March 21st 2025 are carrying combined implied volatility of 0.59 with a put-to-call open interest ratio of 1.46 over 50 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on March 21st 2025.

Open Interest Against March 21st 2025 Option Contracts

Neurocrine Biosciences option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Neurocrine Biosciences' lending market. For example, when Neurocrine Biosciences' puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Neurocrine Biosciences, he or she must hedge the risk by shorting Neurocrine Biosciences stock over its option's life.
The chart above shows Neurocrine Biosciences' distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Neurocrine Biosciences' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Neurocrine Biosciences' option, there is no secondary market available for investors to trade.

In The Money vs. Out of Money Option Contracts on Neurocrine Biosciences

Analyzing Neurocrine Biosciences' in-the-money options over time can help investors to take a profitable long position in Neurocrine Biosciences regardless of its overall volatility. This is especially true when Neurocrine Biosciences' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Neurocrine Biosciences' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Neurocrine Biosciences' stock while costing only a fraction of its price.

Neurocrine Biosciences In The Money Call Balance

When Neurocrine Biosciences' strike price is surpassing the current stock price, the option contract against Neurocrine Biosciences stock is said to be in the money. When it comes to buying Neurocrine Biosciences' options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Neurocrine Biosciences are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Neurocrine Current Options Market Mood

Neurocrine Biosciences' open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Neurocrine Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Unfortunately, most Neurocrine Biosciences' options investors are not very successful. Neurocrine Biosciences' option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Neurocrine contract

Base on the Rule 16, the options market is currently suggesting that Neurocrine Biosciences will have an average daily up or down price movement of about 0.0369% per day over the life of the 2025-03-21 option contract. With Neurocrine Biosciences trading at USD 153.29, that is roughly USD 0.0565. If you think that the market is fully incorporating Neurocrine Biosciences' daily price movement you should consider buying Neurocrine Biosciences options at the current volatility level of 0.59%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Neurocrine Biosciences options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Neurocrine calls. Remember, the seller must deliver Neurocrine Biosciences stock to the call owner when a call is exercised.

Neurocrine Biosciences Option Chain

When Neurocrine Biosciences' strike price is surpassing the current stock price, the option contract against Neurocrine Biosciences stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Neurocrine Biosciences' option chain is a display of a range of information that helps investors for ways to trade options on Neurocrine. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Neurocrine. It also shows strike prices and maturity days for a Neurocrine Biosciences against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
NBIX250321C000950001195.056.5 - 61.431.8In
Call
NBIX250321C0010000011100.052.0 - 56.547.0In
Call
NBIX250321C001050005105.046.9 - 51.514.0In
Call
NBIX250321C001100008110.042.2 - 46.521.07In
Call
NBIX250321C0011500033115.036.5 - 41.426.5In
Call
NBIX250321C0012000048120.032.1 - 36.519.59In
Call
NBIX250321C0012500025125.027.1 - 31.522.0In
Call
NBIX250321C0013000059130.022.5 - 27.016.6In
Call
NBIX250321C0013500025135.019.7 - 22.520.39In
Call
NBIX250321C0014000061140.015.6 - 18.512.0In
Call
NBIX250321C00145000276145.010.3 - 14.511.7In
Call
NBIX250321C0015000027150.06.9 - 11.58.3In
Call
NBIX250321C001550007155.04.6 - 9.04.4Out
Call
NBIX250321C0016000041160.03.6 - 4.94.3Out
Call
NBIX250321C0016500031165.00.55 - 3.32.5Out
Call
NBIX250321C0017000023170.00.1 - 2.452.24Out
Call
NBIX250321C001750003175.00.0 - 4.81.58Out
Call
NBIX250321C001800003180.00.0 - 4.81.86Out
Call
NBIX250321C001850000185.00.0 - 4.84.8Out
Call
NBIX250321C001900001190.00.0 - 4.810.1Out
Call
NBIX250321C001950000195.00.0 - 4.84.8Out
Call
NBIX250321C002000001200.00.05 - 4.98.2Out
Call
NBIX250321C002100000210.00.0 - 4.88.0Out
Call
NBIX250321C002200002220.00.0 - 4.84.29Out
Call
NBIX250321C002300000230.00.0 - 4.84.8Out
 Put
NBIX250321P000700001170.00.0 - 4.80.8Out
 Put
NBIX250321P00075000175.00.0 - 4.80.5Out
 Put
NBIX250321P000800001080.00.0 - 4.81.15Out
 Put
NBIX250321P000850002685.00.0 - 4.81.45Out
 Put
NBIX250321P00090000790.00.0 - 4.81.8Out
 Put
NBIX250321P00095000995.00.0 - 4.81.7Out
 Put
NBIX250321P001000003100.00.0 - 4.82.5Out
 Put
NBIX250321P0010500012105.00.0 - 4.81.25Out
 Put
NBIX250321P00110000201110.00.0 - 4.81.7Out
 Put
NBIX250321P0011500059115.00.0 - 4.81.5Out
 Put
NBIX250321P00120000593120.00.0 - 4.82.6Out
 Put
NBIX250321P0012500083125.00.0 - 4.77.1Out
 Put
NBIX250321P001300005130.00.0 - 4.83.2Out
 Put
NBIX250321P001350002135.00.0 - 4.82.16Out
 Put
NBIX250321P001400001140.00.0 - 4.72.77Out
 Put
NBIX250321P001700000170.015.5 - 20.315.5In
 Put
NBIX250321P001750000175.020.2 - 24.820.2In
 Put
NBIX250321P001800000180.024.5 - 29.324.5In
 Put
NBIX250321P001850000185.029.5 - 34.429.5In
 Put
NBIX250321P001900000190.034.5 - 39.034.5In
 Put
NBIX250321P001950000195.039.2 - 44.039.2In
 Put
NBIX250321P002000000200.044.5 - 49.044.5In
 Put
NBIX250321P002100000210.054.5 - 59.054.5In
 Put
NBIX250321P002200000220.064.5 - 69.064.5In
 Put
NBIX250321P002300000230.074.5 - 79.074.5In

Neurocrine Biosciences Market Cap Over Time

   Market Cap   
       Timeline  

Neurocrine Total Stockholder Equity

Total Stockholder Equity

2.7 Billion

At this time, Neurocrine Biosciences' Total Stockholder Equity is fairly stable compared to the past year.

Neurocrine Biosciences Corporate Management

Julie CookeChief People OfficerProfile
Matthew AbernethyChief OfficerProfile
Eric BenevichChief Commercial OfficerProfile
Darin LippoldtChief Legal OfficerProfile
Jude OnyiaChief OfficerProfile
Dimitri GrigoriadisChief Research OfficerProfile
Kyle GanoChief Business Development OfficerProfile

Additional Tools for Neurocrine Stock Analysis

When running Neurocrine Biosciences' price analysis, check to measure Neurocrine Biosciences' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Neurocrine Biosciences is operating at the current time. Most of Neurocrine Biosciences' value examination focuses on studying past and present price action to predict the probability of Neurocrine Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neurocrine Biosciences' price. Additionally, you may evaluate how the addition of Neurocrine Biosciences to your portfolios can decrease your overall portfolio volatility.