Neurocrine Biosciences In... (NBIX)
Neurocrine Biosciences Max Pain By Strike
NBIX trades at $132.85, 2.2% above the near-term max pain of $130 expiring Aug 15, 2025 (-1 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($75-$130), signaling increased put positioning or downside protection. Key magnetic zone at 130 where 3 expirations converge.
Neurocrine Biosciences Max Pain By Expiry
Max pain for NBIX shows a downward trend from 130 to 75, indicating bearish sentiment or hedging activity. The 47% spread signals divergent expectations across timeframes. Most levels below 132.85 may cap rallies. Strong magnetic level at 130 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 15, 2025 | 130 | -2.85 (-2.15%) |
| Sep 19, 2025 | 130 | -2.85 (-2.15%) |
| Oct 17, 2025 | 75 | -57.85 (-43.55%) |
| Nov 21, 2025 | 120 | -12.85 (-9.67%) |
| Dec 19, 2025 | 115 | -17.85 (-13.44%) |
| Feb 20, 2026 | 130 | -2.85 (-2.15%) |