GS Options History — March 2024

In March 2024, GS traded between $385.17 and $417.77. ATM implied volatility averaged 22.8%, placing in the 24.7% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 5.3% (HV 20d: 17.5%). Max pain ranged from $370.00 to $385.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.50.

Notable Days

2024-03-21: Highest Volume — 92,495 contracts
2024-03-04: Largest IV spike — 10.0% change
2024-03-27: Highest IV Rank — 34.2%
2024-03-06: Largest Expected Move — 7.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$395.58	$385.17	$417.77	$388.92	$417.77
Max Pain	$372.00	$370.00	$385.00	$385.00	$380.00
ATM IV	22.8%	21.0%	23.7%	21.2%	22.6%
Expected Move	6.9%	6.1%	7.1%	6.1%	6.7%
HV 20d	17.5%	10.4%	21.3%	20.1%	20.6%
HV 60d	18.3%	15.2%	20.9%	20.9%	18.6%
IV Rank	24.7%	15.8%	34.2%	16.6%	32.7%
IV Percentile	51.5%	29.4%	64.7%	32.1%	50.4%
Term Structure	0.3%	-2.9%	3.3%	-0.3%	-0.4%
VWIV	24.2%	21.7%	24.9%	21.7%	23.7%
Skew 25d	1.2%	0.9%	1.8%	1.7%	1.0%
Skew 10d	3.2%	2.3%	4.3%	4.3%	2.3%
Call IV 25d	22.4%	20.8%	23.9%	20.8%	22.3%
Put IV 25d	23.7%	22.2%	25.5%	22.5%	23.3%
Bid-Ask Spread %	24.71	6.08	42.11	6.08	23.56
Gamma HHI	0.07	0.05	0.14	0.07	0.14
Net GEX	86.6M	32.7M	161.6M	92.1M	156.3M
Net DEX	-1.82B	-3.15B	-1.15B	-1.35B	-3.15B
Net VEX	-14.5M	-15.2M	-13.5M	-14.9M	-13.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.50	0.28	0.70	0.62	0.55
Total Volume	35,814.4	18,493	92,495	29,267	41,154
Total OI	300,188.05	260,066	326,082	319,154	295,355

Daily Data (20 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
2024-03-01	$388.92	$385.00	21.2%	6.1%	20.1%	16.6%	21.7%	1.7%	-0.3%	92.1M	-1.35B	-14.9M	0.62	6.08	18,038	11,229	144,407	174,747
2024-03-04	$392.28	$370.00	23.4%	7.0%	20.2%	25.1%	24.3%	0.9%	-2.9%	93.4M	-1.74B	-14.8M	0.30	23.03	33,045	9,828	132,150	162,940
2024-03-05	$391.11	$370.00	22.5%	7.1%	19.9%	21.7%	24.3%	1.1%	0.6%	89.2M	-1.63B	-15.1M	0.39	28.27	38,947	15,077	138,031	166,318
2024-03-06	$389.85	$370.00	22.9%	7.1%	19.9%	23.4%	24.9%	1.5%	0.6%	79.8M	-1.54B	-15.0M	0.39	23.03	27,009	10,589	143,321	172,707
2024-03-07	$388.61	$370.00	22.8%	7.1%	19.9%	22.7%	24.9%	1.1%	-0.3%	65.9M	-1.42B	-15.2M	0.55	34.69	18,159	9,972	147,133	176,008
2024-03-08	$387.68	$370.00	22.5%	7.0%	19.8%	21.6%	24.8%	1.1%	0.5%	32.7M	-1.32B	-14.9M	0.38	33.82	31,419	11,969	149,450	176,632
2024-03-11	$386.20	$370.00	23.0%	7.1%	19.9%	23.6%	24.9%	1.5%	1.0%	55.5M	-1.27B	-14.5M	0.70	37.33	11,798	8,318	137,997	166,718
2024-03-12	$387.06	$370.00	21.5%	6.9%	18.2%	17.5%	24.6%	1.2%	2.5%	63.2M	-1.31B	-14.5M	0.57	24.73	15,733	8,971	140,507	169,792
2024-03-13	$391.95	$370.00	21.0%	6.9%	11.7%	15.8%	24.4%	1.2%	3.3%	103.5M	-1.69B	-14.8M	0.53	25.26	20,836	11,117	141,137	173,510
2024-03-14	$386.99	$370.00	22.4%	7.0%	12.7%	21.4%	24.8%	1.6%	2.1%	54.6M	-1.23B	-14.5M	0.45	12.55	23,277	10,499	144,911	174,643
2024-03-15	$386.85	$370.00	22.6%	7.0%	10.4%	22.2%	24.5%	1.4%	2.7%	39.2M	-1.21B	-14.5M	0.69	18.33	15,820	10,924	147,380	175,329
2024-03-18	$385.17	$370.00	23.5%	6.9%	10.5%	25.7%	24.3%	1.8%	-0.7%	41.7M	-1.15B	-14.1M	0.49	17.89	12,416	6,077	120,291	139,775
2024-03-19	$388.76	$370.00	23.5%	6.8%	11.0%	25.8%	24.0%	1.5%	-0.7%	65.2M	-1.39B	-14.1M	0.51	19.44	15,414	7,784	124,199	143,122
2024-03-20	$395.85	$370.00	23.2%	6.6%	12.2%	27.3%	23.8%	1.2%	-0.7%	106.9M	-1.88B	-14.3M	0.57	25.33	17,623	10,032	129,222	146,057
2024-03-21	$413.58	$370.00	23.7%	6.8%	19.5%	30.0%	24.1%	0.9%	-0.7%	115.3M	-3.08B	-13.5M	0.50	42.11	61,837	30,658	133,420	147,353
2024-03-22	$406.81	$370.00	23.0%	6.6%	20.6%	26.8%	23.3%	0.9%	0.1%	90.3M	-2.58B	-14.5M	0.50	23.15	36,309	18,207	144,571	156,521
2024-03-25	$405.23	$375.00	23.6%	6.9%	20.7%	29.4%	24.3%	1.1%	-0.2%	103.3M	-2.25B	-14.3M	0.28	14.36	25,803	7,162	136,329	147,662
2024-03-26	$407.19	$375.00	23.5%	7.0%	20.7%	29.7%	24.4%	1.2%	-0.2%	122.2M	-2.39B	-14.4M	0.47	28.59	14,796	7,026	140,922	149,976
2024-03-27	$413.76	$375.00	22.9%	6.8%	21.3%	34.2%	24.0%	1.1%	-0.3%	161.6M	-2.87B	-13.9M	0.46	32.60	21,534	9,882	141,537	151,681
2024-03-28	$417.77	$380.00	22.6%	6.7%	20.6%	32.7%	23.7%	1.0%	-0.4%	156.3M	-3.15B	-13.5M	0.55	23.56	26,547	14,607	141,333	154,022