NBIX Unusual Options Activity - Neurocrine Biosciences

AI summary

On February 20, 2026, Neurocrine Biosciences, Inc. (NBIX) experienced notable options activity with a significant put transaction. A single print was recorded for a put option with a strike price of $145, expiring on the same date. The premium for this transaction was $810,000, indicating a substantial commitment to this position. The volume-to-open interest ratio for this trade was 2.0, suggesting that the volume of this transaction was double the existing open interest for this strike. This activity marks the only active day for NBIX options in the past 30 days, highlighting a potentially isolated event in the options market for this stock. The absence of call activity during this period further emphasizes the focus on put options. Overall, this transaction reflects a notable interest in the downside potential for NBIX at this strike price and expiration date.

AI-generated summary