GS Options History — February 2022

In February 2022, GS traded between $338.68 and $374.71. ATM implied volatility averaged 30.1%, placing in the 56.4% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded below realized volatility by 0.8% (HV 20d: 30.9%). Max pain ranged from $355.00 to $370.00. Net GEX was positive for 9 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 1.10.

Notable Days

2022-02-04: Highest Volume — 65,659 contracts
2022-02-28: Largest IV spike — 14.1% change
2022-02-23: Highest IV Rank — 86.5%
2022-02-28: Largest Expected Move — 10.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$357.70	$338.68	$374.71	$364.16	$340.73
Max Pain	$366.05	$355.00	$370.00	$355.00	$365.00
ATM IV	30.1%	25.0%	34.6%	28.3%	34.4%
Expected Move	8.8%	7.3%	10.5%	8.3%	10.5%
HV 20d	30.9%	22.7%	37.7%	37.7%	29.3%
HV 60d	31.1%	30.5%	31.7%	30.8%	31.7%
IV Rank	56.4%	21.8%	86.5%	44.2%	85.3%
IV Percentile	76.7%	27.4%	97.6%	65.5%	97.2%
Term Structure	-0.0%	-1.1%	0.5%	-0.2%	0.2%
VWIV	32.1%	25.9%	42.4%	31.3%	37.1%
Skew 25d	6.5%	4.8%	8.2%	5.8%	7.6%
Skew 10d	13.5%	9.2%	16.8%	13.2%	16.0%
Call IV 25d	28.2%	23.8%	31.9%	26.8%	31.9%
Put IV 25d	34.7%	28.6%	40.0%	32.7%	39.5%
Bid-Ask Spread %	34.77	14.65	44.58	14.65	28.20
Gamma HHI	0.06	0.04	0.21	0.05	0.05
Net GEX	3.6M	-49.4M	91.2M	34.5M	-25.4M
Net DEX	138.2M	-871.4M	1.04B	-333.6M	846.7M
Net VEX	-13.2M	-13.9M	-12.2M	-13.6M	-12.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.10	0.70	1.66	0.70	0.81
Total Volume	37,065.053	23,055	65,659	52,097	40,228
Total OI	309,061.158	255,091	336,472	311,418	271,971

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2022-02-01	$364.16	$355.00	28.3%	8.3%	37.7%	44.2%	31.3%	5.8%	-0.2%	34.5M	-333.6M	-13.6M	0.70	14.65	30,734	21,363	142,763	168,655
2022-02-02	$362.78	$360.00	28.0%	8.3%	35.1%	42.2%	42.4%	5.9%	-0.2%	29.3M	-188.3M	-13.7M	1.35	26.32	17,347	23,414	146,264	174,881
2022-02-03	$359.14	$370.00	31.8%	8.9%	34.5%	67.3%	30.9%	6.8%	-1.1%	13.8M	11.4M	-13.9M	0.90	35.58	19,691	17,757	146,776	185,318
2022-02-04	$369.64	$365.00	28.2%	8.2%	36.6%	43.5%	30.9%	5.9%	-0.0%	91.2M	-718.4M	-13.7M	1.29	30.14	28,663	36,996	148,222	187,821
2022-02-07	$368.40	$365.00	28.1%	8.1%	36.5%	43.0%	28.5%	6.3%	0.2%	24.7M	-409.2M	-13.6M	0.97	35.69	18,375	17,916	140,020	169,861
2022-02-08	$369.83	$370.00	27.0%	7.9%	36.6%	35.4%	29.2%	5.3%	0.5%	39.8M	-511.7M	-13.6M	0.89	33.77	17,916	15,911	144,827	171,877
2022-02-09	$374.71	$370.00	25.0%	7.3%	36.7%	21.8%	25.9%	4.8%	0.4%	66.1M	-871.4M	-13.4M	0.80	35.28	19,860	15,908	148,091	174,170
2022-02-10	$369.62	$370.00	28.3%	8.2%	35.4%	44.3%	28.8%	5.6%	0.1%	42.2M	-496.9M	-13.8M	1.03	39.89	16,533	17,070	149,221	177,283
2022-02-11	$362.71	$370.00	31.0%	8.9%	35.8%	62.1%	32.4%	6.6%	-0.1%	-9.9M	59.5M	-13.8M	1.64	40.47	14,622	24,017	149,527	181,992
2022-02-14	$359.83	$370.00	32.3%	9.2%	34.7%	70.7%	33.8%	6.9%	-0.6%	-12.0M	205.7M	-13.4M	1.30	42.19	14,939	19,479	139,428	173,358
2022-02-15	$363.09	$365.00	28.7%	8.3%	23.6%	47.0%	30.6%	6.0%	0.1%	1.2M	-4.0M	-13.1M	1.15	40.41	10,736	12,319	142,626	176,752
2022-02-16	$360.72	$365.00	27.7%	7.9%	22.7%	40.2%	29.3%	5.6%	0.4%	-6.0M	139.3M	-12.9M	1.20	44.58	11,608	13,968	145,325	178,667
2022-02-17	$349.45	$370.00	31.1%	8.9%	25.6%	62.6%	31.8%	7.3%	0.0%	-43.0M	788.6M	-12.6M	0.98	40.08	18,694	18,394	146,732	181,050
2022-02-18	$347.08	$365.00	31.7%	9.1%	24.7%	66.9%	32.3%	7.4%	-0.6%	-49.4M	902.0M	-12.6M	1.66	38.71	17,048	28,328	150,998	185,474
2022-02-22	$344.95	$365.00	32.7%	9.6%	24.6%	73.7%	33.1%	7.1%	-0.1%	-32.1M	771.2M	-12.2M	0.85	36.87	12,926	10,987	112,939	142,152
2022-02-23	$340.67	$365.00	34.6%	10.1%	24.9%	86.5%	36.1%	8.2%	-0.3%	-36.1M	934.0M	-12.3M	1.40	21.60	11,595	16,265	116,824	145,356
2022-02-24	$338.68	$365.00	33.3%	10.1%	25.0%	77.7%	34.9%	7.7%	0.1%	-45.1M	1.04B	-12.3M	1.30	41.90	16,257	21,142	120,144	150,675
2022-02-25	$350.02	$365.00	30.1%	8.7%	27.7%	56.5%	30.6%	7.2%	0.3%	-15.9M	457.3M	-12.8M	0.72	34.19	20,427	14,803	125,029	159,093
2022-02-28	$340.73	$365.00	34.4%	10.5%	29.3%	85.3%	37.1%	7.6%	0.2%	-25.4M	846.7M	-12.6M	0.81	28.20	22,237	17,991	120,832	151,139