GS Options History — October 2023

In October 2023, GS traded between $289.54 and $318.10. ATM implied volatility averaged 26.9%, placing in the 33.5% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 4.8% (HV 20d: 22.1%). Max pain ranged from $305.00 to $335.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 1.16.

Notable Days

  • 2023-10-18: Highest Volume — 101,219 contracts
  • 2023-10-03: Largest IV spike — 13.9% change
  • 2023-10-03: Highest IV Rank — 55.3%
  • 2023-10-03: Largest Expected Move — 10.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$305.72$289.54$318.10$318.10$303.53
Max Pain$317.27$305.00$335.00$335.00$305.00
ATM IV26.9%22.7%32.8%28.8%24.3%
Expected Move7.8%6.5%10.3%9.1%7.0%
HV 20d22.1%19.3%26.7%19.6%22.9%
HV 60d19.7%18.7%21.1%19.1%21.1%
IV Rank33.5%17.3%55.3%39.7%24.1%
IV Percentile64.0%25.8%88.1%73.0%46.4%
Term Structure-0.3%-1.0%1.3%-0.8%-0.3%
VWIV26.3%19.5%34.6%31.3%25.0%
Skew 25d5.1%4.4%5.9%5.4%5.1%
Skew 10d10.0%8.3%11.6%10.3%10.1%
Call IV 25d24.5%20.8%29.6%26.2%22.6%
Put IV 25d29.6%25.1%35.5%31.5%27.7%
Bid-Ask Spread %4.903.228.898.103.45
Gamma HHI0.080.050.320.050.05
Net GEX-38.8M-98.2M-8.4M-18.4M-8.4M
Net DEX1.10B685.4M1.70B685.4M859.2M
Net VEX-11.1M-11.9M-10.0M-11.9M-11.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.160.562.401.390.56
Total Volume33,882.13617,426101,21925,79118,356
Total OI317,972.682287,203354,311298,106305,193

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$318.10$335.0028.8%9.1%19.6%39.7%31.3%5.4%-0.8%-18.4M685.4M-11.9M1.398.1010,79414,997139,397158,709
2023-10-03$305.63$335.0032.8%10.3%23.8%55.3%34.6%5.9%-1.0%-43.8M1.28B-11.3M1.194.9222,26426,575143,668164,151
2023-10-04$308.71$330.0030.7%9.8%24.1%47.3%30.6%5.4%-1.0%-36.5M1.10B-11.7M2.025.6513,34526,967150,515168,300
2023-10-05$310.34$320.0030.6%8.4%24.2%46.9%27.6%5.3%-1.0%-27.6M972.7M-11.8M1.137.5011,30312,747153,851169,699
2023-10-06$313.12$320.0028.9%8.0%24.3%40.2%27.3%5.0%-0.9%-21.2M811.1M-11.9M0.778.8912,6129,740154,380171,323
2023-10-09$312.00$320.0029.4%8.2%24.3%42.1%29.0%4.9%-0.7%-24.6M893.2M-11.6M1.434.177,15810,268146,380166,614
2023-10-10$314.35$320.0027.8%7.7%23.2%35.7%27.1%5.0%-0.7%-16.1M754.9M-11.6M1.403.878,46811,855149,042168,512
2023-10-11$312.75$320.0027.2%7.6%22.4%33.4%26.7%4.9%-0.8%-30.6M865.7M-11.4M1.335.349,77113,039152,017173,292
2023-10-12$309.88$320.0027.4%7.7%19.3%34.3%27.8%4.8%-0.7%-50.0M1.05B-11.2M1.054.7712,61513,298154,385175,585
2023-10-13$309.06$320.0028.4%8.0%19.3%38.0%27.6%5.2%-0.7%-20.2M1.06B-11.2M0.774.6722,09616,937157,204176,505
2023-10-16$314.17$320.0025.4%7.2%20.5%28.9%25.6%4.6%-1.0%-19.2M778.1M-11.0M0.814.9323,43018,956149,903165,989
2023-10-17$308.53$320.0022.7%6.5%21.1%17.3%22.6%4.4%-0.5%-44.7M1.13B-10.6M0.875.2741,24335,682160,280175,617
2023-10-18$301.81$315.0024.9%7.1%21.7%26.7%21.4%5.0%-0.5%-64.5M1.45B-10.4M1.364.2942,85658,363167,841178,335
2023-10-19$298.71$315.0025.2%7.3%21.2%28.1%24.0%5.1%-0.6%-73.3M1.48B-10.6M1.154.0015,98518,354172,258178,717
2023-10-20$300.61$310.0025.1%7.2%21.6%27.4%24.9%5.0%-0.3%-98.2M1.34B-10.8M1.054.3415,11515,935173,952180,359
2023-10-23$299.84$310.0024.7%7.3%21.5%25.8%24.5%5.1%1.3%-40.3M1.21B-10.6M0.734.2411,8308,582128,710158,493
2023-10-24$299.97$310.0023.6%6.9%21.4%21.1%23.3%4.9%1.3%-36.6M1.19B-10.6M0.933.229,2588,590133,783160,510
2023-10-25$297.10$310.0025.1%7.3%21.4%27.5%19.5%5.2%1.2%-43.1M1.31B-10.5M2.403.2310,63825,483137,172162,794
2023-10-26$296.80$310.0025.9%7.5%20.6%31.2%25.8%5.2%1.2%-46.4M1.31B-10.6M1.383.978,61611,862138,848165,505
2023-10-27$289.54$310.0026.9%7.9%21.8%35.2%27.2%5.5%1.2%-67.7M1.70B-10.0M1.304.9314,38918,738141,005168,713
2023-10-30$301.28$305.0025.9%7.4%26.7%31.0%26.0%5.5%-0.3%-22.4M1.01B-10.8M0.574.0716,7809,517133,387164,506
2023-10-31$303.53$305.0024.3%7.0%22.9%24.1%25.0%5.1%-0.3%-8.4M859.2M-11.1M0.563.4511,7636,593138,092167,101