GS Options History — August 2023

In August 2023, GS traded between $319.19 and $357.18. ATM implied volatility averaged 22.4%, placing in the 13.1% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 4.5% (HV 20d: 17.9%). Max pain ranged from $330.00 to $342.50. Net GEX was positive for 13 of 23 trading days. Term structure was in contango for 18 of 23 days. Put/call ratio averaged 1.02.

Notable Days

2023-08-29: Highest Volume — 82,580 contracts
2023-08-02: Largest IV spike — 12.2% change
2023-08-17: Highest IV Rank — 24.5%
2023-08-17: Largest Expected Move — 7.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$335.36	$319.19	$357.18	$357.18	$327.23
Max Pain	$335.65	$330.00	$342.50	$342.50	$330.00
ATM IV	22.4%	19.8%	25.2%	20.1%	20.5%
Expected Move	6.3%	5.2%	7.2%	5.2%	5.5%
HV 20d	17.9%	13.5%	21.5%	21.3%	16.8%
HV 60d	21.4%	20.5%	22.0%	21.5%	20.5%
IV Rank	13.1%	2.9%	24.5%	4.0%	5.8%
IV Percentile	19.1%	0.8%	49.6%	2.8%	7.5%
Term Structure	0.0%	-0.8%	0.4%	-0.7%	0.3%
VWIV	22.1%	18.1%	25.5%	18.7%	19.1%
Skew 25d	3.9%	3.1%	4.4%	3.5%	3.6%
Skew 10d	7.3%	5.9%	8.5%	6.4%	7.3%
Call IV 25d	20.9%	18.6%	23.6%	18.8%	18.6%
Put IV 25d	24.8%	22.2%	27.8%	22.2%	22.2%
Bid-Ask Spread %	5.87	3.40	10.44	5.22	3.40
Gamma HHI	0.07	0.04	0.24	0.06	0.04
Net GEX	5.5M	-68.0M	68.3M	47.7M	-3.3M
Net DEX	5.4M	-1.29B	756.6M	-1.29B	355.8M
Net VEX	-13.5M	-14.8M	-12.3M	-14.5M	-12.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.02	0.15	2.77	0.99	1.51
Total Volume	24,110.391	10,610	82,580	13,213	15,189
Total OI	331,396.391	312,642	354,291	324,527	327,282

Daily Data (23 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
2023-08-01	$357.18	$342.50	20.1%	5.2%	21.3%	4.0%	18.7%	3.5%	-0.7%	47.7M	-1.29B	-14.5M	0.99	5.22	6,645	6,568	143,937	180,590
2023-08-02	$351.34	$342.50	22.5%	6.0%	20.9%	13.7%	21.5%	4.1%	-0.8%	21.0M	-834.0M	-14.7M	1.11	5.03	9,550	10,647	145,681	181,455
2023-08-03	$353.40	$335.00	21.9%	6.1%	18.4%	11.4%	22.1%	3.9%	-0.7%	29.2M	-994.8M	-14.8M	1.07	7.74	7,868	8,405	147,863	183,722
2023-08-04	$352.89	$335.00	21.6%	6.1%	18.5%	10.1%	21.9%	4.1%	-0.7%	14.5M	-947.5M	-14.8M	0.78	4.94	13,214	10,304	149,552	185,790
2023-08-07	$355.66	$335.00	21.2%	6.0%	18.5%	8.5%	21.7%	4.1%	0.1%	53.1M	-1.14B	-14.4M	0.88	6.70	5,653	4,957	142,630	177,766
2023-08-08	$348.82	$340.00	22.0%	6.3%	20.5%	11.6%	22.6%	4.4%	0.1%	20.1M	-633.5M	-14.5M	1.20	10.44	11,221	13,415	145,029	179,643
2023-08-09	$343.41	$340.00	22.7%	6.5%	20.9%	14.4%	23.4%	4.4%	-0.0%	-6.7M	-235.4M	-14.4M	0.95	8.59	6,561	6,251	146,479	183,422
2023-08-10	$340.14	$340.00	22.9%	6.5%	21.3%	15.0%	22.6%	3.8%	0.0%	-24.5M	-18.6M	-14.4M	1.05	7.72	6,761	7,076	148,460	183,709
2023-08-11	$340.83	$340.00	21.9%	6.3%	21.0%	11.2%	22.4%	3.6%	0.1%	-33.0M	-78.9M	-14.1M	1.33	6.72	8,678	11,546	149,169	184,692
2023-08-14	$337.49	$340.00	22.3%	6.4%	21.5%	12.6%	22.0%	3.7%	0.2%	-17.0M	41.3M	-13.7M	0.71	6.54	9,197	6,511	144,865	180,333
2023-08-15	$332.03	$340.00	23.8%	6.8%	19.9%	19.0%	23.7%	4.2%	0.1%	-30.1M	380.9M	-13.6M	1.30	6.51	8,711	11,308	147,339	182,019
2023-08-16	$329.46	$335.00	24.1%	6.9%	19.2%	20.2%	24.4%	4.1%	0.2%	-34.6M	487.4M	-13.5M	1.45	5.89	7,676	11,112	149,227	183,381
2023-08-17	$326.19	$335.00	25.2%	7.2%	16.7%	24.5%	24.3%	4.3%	0.2%	-41.3M	638.2M	-13.3M	1.32	8.59	9,388	12,384	151,220	182,990
2023-08-18	$324.52	$335.00	24.1%	6.9%	16.2%	19.9%	24.0%	4.0%	0.4%	-68.0M	756.6M	-13.0M	1.24	6.36	11,056	13,721	152,922	184,161
2023-08-21	$322.98	$335.00	23.5%	6.7%	13.6%	17.4%	23.5%	4.1%	0.1%	-37.2M	729.8M	-12.7M	0.45	4.56	27,749	12,509	136,997	175,645
2023-08-22	$319.19	$335.00	24.1%	6.8%	13.5%	20.0%	25.5%	4.2%	0.1%	12.1M	714.5M	-12.8M	0.99	5.81	11,711	11,611	155,654	177,947
2023-08-23	$322.44	$330.00	23.4%	6.4%	14.2%	17.2%	22.9%	3.9%	0.2%	32.5M	453.6M	-12.9M	0.56	3.46	14,583	8,124	160,197	182,656
2023-08-24	$320.80	$330.00	23.7%	6.6%	14.2%	18.4%	22.9%	3.8%	0.1%	44.0M	555.1M	-12.8M	0.53	4.03	19,594	10,418	164,926	183,231
2023-08-25	$321.04	$330.00	21.8%	6.0%	14.3%	10.7%	20.8%	3.5%	0.3%	68.3M	571.0M	-12.5M	0.37	4.64	27,258	10,075	167,437	186,854
2023-08-28	$325.75	$330.00	21.3%	5.8%	15.5%	8.8%	20.4%	3.6%	0.3%	23.6M	346.8M	-12.3M	0.65	3.98	10,711	7,001	146,445	180,316
2023-08-29	$332.47	$330.00	20.2%	5.4%	17.5%	4.5%	18.1%	3.1%	0.1%	52.6M	-120.3M	-12.5M	0.15	3.90	71,868	10,712	148,384	182,676
2023-08-30	$328.12	$335.00	19.8%	5.5%	17.2%	2.9%	18.9%	3.6%	0.2%	2.5M	387.6M	-12.6M	2.77	4.22	7,704	21,338	141,226	186,198
2023-08-31	$327.23	$330.00	20.5%	5.5%	16.8%	5.8%	19.1%	3.6%	0.3%	-3.3M	355.8M	-12.5M	1.51	3.40	6,040	9,149	143,425	183,857