TRU-SENTIMENT · DeltaNeutral
NBIX Trading Analysis - 09/25/2026 12:04 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
NBIX (Neurocrine Biosciences Inc) at $137.33. True Sentiment Bullish, delta 40-60 call 94% / put 6%, call $3,558,850 vs put $239,110. RSI 17.2.
- Symbol
- NBIX
- Price
- $137.33
- Article bias (separate from True Sentiment)
- bearish
- Conviction
- medium
- Published
- 2026-09-25 12:04:00 ET
- Author
- DeltaNeutral staff
TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)
True Sentiment Analysis (Delta 40-60 Options):Overall options flow sentiment: Bullish
Call vs Put dollar volume: Calls account for 93.7% of the total dollar volume, while puts account for 6.3%.
Pure directional positioning suggests that traders are expecting the stock price to increase in the near term.
Key Statistics: NBIX
Fundamental Snapshot
Valuation
| P/E (Trailing) | 20.37 |
| P/E (Forward) | N/A |
| PEG Ratio | N/A |
| Price/Book | 11.68 |
Profitability
| EPS (Trailing) | $6.82 |
| EPS (Forward) | N/A |
| ROE | 19.10% |
| Net Margin | 20.91% |
Financial Health
| Revenue (TTM) | $3.37B |
| Debt/Equity | 0.45 |
| Free Cash Flow | N/A |
| Rev Growth | N/A |
Analyst Consensus
📈 Analysis
News Headlines & Context:
Recent news headlines for NBIX include:
- Neurocrine Biosciences Announces Second Quarter 2026 Financial Results and Provides Corporate Update
- Neurocrine Biosciences' Ingrezza Continues to Show Promise in Treating Tardive Dyskinesia
- Neurocrine Biosciences to Present at the 2026 Cantor Fitzgerald Global Healthcare Conference
These headlines suggest that NBIX has been experiencing significant developments in their financials and product pipeline, which could impact the stock's performance.
Fundamental Analysis:
Based on the provided fundamentals data:
- Revenue: $3,373,900,000
- Trailing EPS: $6.82
- Trailing P/E: 20.37
- Debt/Equity: 0.45
- ROE: 19.10%
The company's revenue and EPS indicate a stable financial position. The P/E ratio suggests that the stock may be fairly valued. The debt/equity ratio and ROE indicate a relatively healthy balance sheet and profitability.
Current Market Position:
Current price: $137.38
Recent price action: The stock has been trending downward, with a recent low of $137.11 and a high of $138.94.
Intraday momentum: The minute bars show a slight increase in price with low volume.
Technical Analysis:
Technical Indicators
SMA trends: The 5-day SMA is $140.40, the 20-day SMA is $150.83, and the 50-day SMA is $158.94. The stock is currently below all three SMAs.
RSI: The RSI is 17.16, indicating oversold conditions.
MACD: The MACD is -5.29, indicating a bearish signal.
Bollinger Bands: The middle band is $150.83, the upper band is $164.39, and the lower band is $137.26. The stock is currently near the lower band.
True Sentiment Analysis (Delta 40-60 Options):
Overall options flow sentiment: Bullish
Call vs Put dollar volume: Calls account for 93.7% of the total dollar volume, while puts account for 6.3%.
Pure directional positioning suggests that traders are expecting the stock price to increase in the near term.
Key Price Levels (observational only):
Support levels: $137.11, $137.26 (Bollinger Band lower bound)
Resistance levels: $140.63, $150.83 (20-day SMA)
25-Day Price Forecast:
Based on current trends and indicators, NBIX is projected for $134.56 to $141.23.
The forecast is based on the current SMA trends, RSI momentum, MACD signals, and recent volatility (ATR).
Defined Risk Strategy Recommendations:
Based on the price forecast and optionchain data, here are three recommended defined risk strategies:
- Bull Call Spread: Buy 130C and sell 135C
- Bear Put Spread: Buy 135P and sell 130P
- Iron Condor: Buy 130P and 140C, sell 135P and 135C
These strategies align with the projected price range and offer a defined risk/reward profile.
Risk Factors:
- Technical warning signs: oversold RSI, bearish MACD
- Sentiment divergences: bullish options flow vs bearish technicals
- Volatility and ATR considerations: recent price swings
These factors could impact the stock's performance and should be considered when evaluating the trade idea.
Summary & Conviction Level:
Overall bias: bearish
Conviction level: medium
One-line trade idea: Consider defined risk strategies to capitalize on potential price movements in NBIX.
View NBIX Options Chain