GS Options History — April 2019

In April 2019, GS traded between $196.57 and $207.58. ATM implied volatility averaged 23.1%, placing in the 25.4% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 0.8% (HV 20d: 22.3%). Max pain ranged from $190.00 to $200.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.69.

Notable Days

  • 2019-04-12: Highest Volume — 103,528 contracts
  • 2019-04-15: Largest IV drop — 17.4% change
  • 2019-04-10: Highest IV Rank — 38.4%
  • 2019-04-11: Largest Expected Move — 7.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$202.82$196.57$207.58$196.57$205.59
Max Pain$195.24$190.00$200.00$190.00$195.00
ATM IV23.1%19.4%27.4%24.6%19.7%
Expected Move6.5%5.6%7.5%6.9%5.7%
HV 20d22.3%21.0%25.4%21.0%22.7%
HV 60d23.2%19.2%27.8%27.8%20.4%
IV Rank25.4%14.2%38.4%29.9%15.1%
IV Percentile51.7%24.6%80.6%65.9%27.4%
Term Structure-0.5%-1.7%0.4%-0.5%-0.0%
VWIV22.8%19.1%26.6%24.4%19.4%
Skew 25d3.3%2.8%4.0%3.6%3.1%
Skew 10d6.5%5.1%8.2%7.8%5.7%
Call IV 25d21.6%17.9%26.0%23.2%18.1%
Put IV 25d24.9%20.8%29.8%26.8%21.2%
Bid-Ask Spread %5.794.178.314.338.31
Gamma HHI0.120.070.380.070.10
Net GEX33.5M-12.1M112.3M16.8M35.2M
Net DEX-350.4M-895.3M7.6M-27.9M-372.1M
Net VEX-8.0M-8.5M-7.6M-8.3M-7.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.361.100.620.71
Total Volume37,211.47616,313103,52832,15822,445
Total OI318,742262,246368,814316,260284,488

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-04-01$196.57$190.0024.6%6.9%21.0%29.9%24.4%3.6%-0.5%16.8M-27.9M-8.3M0.624.3319,86012,298145,543170,717
2019-04-02$197.04$190.0024.9%7.0%21.0%30.7%23.9%3.5%-0.4%21.7M-69.8M-8.4M0.635.2810,0146,299149,623174,874
2019-04-03$200.60$195.0025.2%6.9%21.8%31.6%24.2%3.4%-0.6%41.9M-371.9M-8.4M0.706.0016,41511,544151,562176,831
2019-04-04$202.54$195.0025.6%6.9%21.5%32.8%24.8%3.7%-0.7%51.8M-523.2M-8.5M0.644.9323,27614,967153,502181,828
2019-04-05$202.48$195.0025.2%7.1%21.2%31.7%24.8%3.7%-0.6%107.2M-507.5M-8.5M0.764.3414,92311,310156,052185,300
2019-04-08$202.42$195.0025.6%7.3%21.1%32.8%25.3%3.6%-0.0%31.9M-385.0M-8.3M0.914.488,7437,949146,128177,100
2019-04-09$200.57$195.0027.0%7.4%21.5%37.0%26.4%3.8%-0.9%20.1M-234.8M-8.4M0.734.1710,8717,977149,470180,072
2019-04-10$203.10$195.0027.4%7.4%21.8%38.4%26.2%4.0%-1.6%35.3M-445.5M-8.3M0.604.5514,7058,881151,245182,447
2019-04-11$203.62$195.0027.2%7.5%21.8%37.8%26.0%3.9%-1.4%46.0M-488.0M-8.2M0.364.9426,8089,525154,449184,584
2019-04-12$207.58$195.0027.2%7.5%22.7%37.7%26.6%3.8%-1.7%112.3M-895.3M-8.2M0.477.2670,64432,884158,298187,005
2019-04-15$200.23$195.0022.4%6.4%25.3%23.4%22.2%3.1%-0.1%12.4M-118.0M-7.8M0.796.3750,71940,031158,442185,301
2019-04-16$201.84$195.0020.4%5.9%25.4%17.2%20.6%3.0%-0.3%19.7M-240.8M-7.7M1.106.1330,44833,382162,738193,129
2019-04-17$206.74$195.0020.4%5.8%23.6%17.0%20.5%2.9%-0.4%54.3M-751.3M-7.8M0.918.1932,16429,365166,697200,475
2019-04-18$206.01$195.0019.4%5.6%23.7%14.2%19.1%2.9%0.4%26.9M-710.1M-7.8M0.574.7424,38314,000167,809201,005
2019-04-22$204.99$200.0019.7%5.6%21.3%14.9%19.6%2.8%-0.3%25.4M-261.7M-7.6M0.665.369,9626,605118,510143,736
2019-04-23$204.29$200.0019.6%5.6%21.3%14.6%20.2%3.0%-0.2%20.1M-212.9M-7.6M0.586.4313,3687,720121,592146,330
2019-04-24$201.07$200.0021.0%6.0%22.3%19.0%21.8%3.1%-0.3%693.0K7.6M-7.6M1.027.4222,26622,758125,381148,789
2019-04-25$202.19$195.0021.4%6.1%22.3%20.0%21.6%3.1%-0.4%-880.7K-106.1M-7.9M0.725.4813,8619,974130,404156,335
2019-04-26$202.35$195.0020.7%5.9%22.3%17.9%20.7%2.8%-0.1%-12.1M-129.0M-7.8M0.587.6714,6788,531133,895157,813
2019-04-29$207.41$195.0020.9%6.0%23.6%18.7%21.1%3.4%-0.2%36.1M-515.2M-7.8M0.445.1924,23210,656124,993149,090
2019-04-30$205.59$195.0019.7%5.7%22.7%15.1%19.4%3.1%-0.0%35.2M-372.1M-7.9M0.718.3113,1049,341131,220153,268