BIIB Options
Biogen Inc. Options Chain, Implied Volatility & Greeks
Comprehensive options market data for Biogen Inc. (BIIB). Explore implied volatility patterns, options chain liquidity, gamma exposure levels, and key market metrics.
BIIB Options at a Glance
What's Covered in This Guide
1 About Biogen Inc. (BIIB)
Biogen Inc. trades on NASDAQ. Options on BIIB are actively traded by retail and institutional investors.
Company Profile
Key Dates
BIIB is an actively traded options name in the Biotechnology space.
2 BIIB Options Market Overview
BIIB options offer moderate liquidity for traders seeking exposure to Biotechnology.
Liquidity Assessment: Moderate
BIIB options provide moderate liquidity for most trading strategies.
3 BIIB Volatility Profile
BIIB implied volatility reflects market expectations for Biogen Inc. price movement.
Earnings Impact
IV typically increases before earnings and contracts afterward (IV crush).
Historical Volatility vs IV
Compare IV to historical volatility to assess option pricing relative to realized moves.
Term Structure
Term structure varies with market conditions and upcoming events.
BIIB Gamma Exposure (GEX)
Gamma Exposure (GEX) analysis for BIIB shows how dealer hedging may impact price behavior.
Typical GEX Profile: GEX profile varies based on market conditions and option positioning.
Key Levels: Major put and call walls at round number strikes may act as support/resistance.
Dealer Hedging: Dealer hedging activity can influence price behavior at key gamma levels.
4 Common BIIB Options Strategies
These are strategies commonly used by traders on BIIB options, based on typical market characteristics. This is not investment advice.
Used by BIIB traders for volatility exposure. Moderate liquidity supports efficient execution.
Used by BIIB traders for directional exposure. Moderate liquidity supports efficient execution.
Used by BIIB traders for neutral exposure. Moderate liquidity supports efficient execution.
Used by BIIB traders for volatility exposure. Moderate liquidity supports efficient execution.
Used by BIIB traders for precision exposure. Moderate liquidity supports efficient execution.
Key Considerations for BIIB Options
- BIIB options liquidity: Moderate - affects execution quality
- IV range: 40% - 100% - important for premium selling strategies
- Earnings events can significantly impact IV and option prices
- Consider position sizing based on underlying volatility
- Weekly options available for short-term strategies
- LEAPS available for longer-term positioning
Frequently Asked Questions: BIIB Options
What are BIIB options?
BIIB options are derivative contracts that give you the right to buy (call) or sell (put) Biogen Inc. shares at a specific price before expiration.
How do I analyze BIIB implied volatility?
BIIB IV typically ranges from 40% - 55% during quiet periods to 75% - 100% around earnings and major events. Compare current IV to historical ranges to assess relative value.
What is the typical bid-ask spread for BIIB options?
BIIB options have moderate liquidity with typical spreads varying by strike and expiration. ATM options generally have tighter spreads.
When does BIIB report earnings?
Biogen Inc. typically reports earnings quarterly. Check the earnings calendar for exact dates as IV tends to increase before announcements.
What strategies work best for BIIB options?
Popular BIIB strategies include straddles, vertical spreads, and iron condors. Strategy selection depends on market outlook and risk tolerance.
What is the best time to trade BIIB options?
The most liquid trading hours for BIIB options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.
How do I calculate BIIB option Greeks?
Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for BIIB options across all strikes and expirations.
What happens to BIIB options at expiration?
In-the-money BIIB options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.
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BIIB Analytics
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