GS Options History — April 2024

In April 2024, GS traded between $389.00 and $430.49. ATM implied volatility averaged 23.3%, placing in the 39.4% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded below realized volatility by 1.1% (HV 20d: 24.3%). Max pain ranged from $380.00 to $405.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.88.

Notable Days

  • 2024-04-15: Highest Volume — 80,776 contracts
  • 2024-04-15: Largest IV drop — 9.0% change
  • 2024-04-12: Highest IV Rank — 60.3%
  • 2024-04-03: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$410.82$389.00$430.49$413.37$427.18
Max Pain$395.00$380.00$405.00$380.00$405.00
ATM IV23.3%20.4%26.6%23.7%21.7%
Expected Move6.7%5.8%7.7%7.3%6.2%
HV 20d24.3%21.2%28.1%21.2%25.2%
HV 60d20.4%18.6%22.0%18.6%22.0%
IV Rank39.4%21.2%60.3%42.3%29.7%
IV Percentile58.7%21.4%92.1%66.3%41.3%
Term Structure-0.3%-2.1%1.5%-0.3%1.5%
VWIV23.6%20.8%26.9%25.8%22.0%
Skew 25d1.9%1.4%2.6%1.4%1.9%
Skew 10d4.3%3.5%5.3%3.6%4.0%
Call IV 25d22.5%19.4%25.9%23.1%20.8%
Put IV 25d24.4%21.2%27.8%24.6%22.7%
Bid-Ask Spread %24.1510.0937.5237.5216.19
Gamma HHI0.070.050.110.070.06
Net GEX78.8M7.0M119.8M93.9M86.0M
Net DEX-2.24B-3.21B-839.9M-2.54B-2.78B
Net VEX-14.0M-14.8M-13.3M-13.9M-13.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.561.560.860.99
Total Volume30,413.511,94980,77622,51012,541
Total OI300,955.636270,643334,972283,472299,469

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$413.37$380.0023.7%7.3%21.2%42.3%25.8%1.4%-0.3%93.9M-2.54B-13.9M0.8637.5212,13410,376133,250150,222
2024-04-02$410.43$380.0024.2%7.5%21.4%45.5%26.5%1.5%-0.5%84.1M-2.29B-14.5M1.4935.928,77813,079137,534153,048
2024-04-03$413.59$380.0024.4%7.7%21.4%46.5%26.9%1.4%-0.6%98.3M-2.56B-14.2M0.6519.0713,8409,039139,792157,749
2024-04-04$406.43$395.0025.6%7.1%22.5%54.3%24.9%1.8%-2.1%57.7M-2.01B-14.8M0.8120.4013,01610,560142,392158,593
2024-04-05$407.95$395.0024.8%6.9%22.4%49.4%24.6%1.5%-0.6%31.9M-2.09B-14.5M0.7521.3814,61610,956142,918160,191
2024-04-08$411.12$395.0025.8%7.0%22.4%55.3%24.5%1.5%-1.9%83.3M-2.35B-14.0M0.7222.576,9504,999135,347153,848
2024-04-09$409.61$395.0025.5%7.0%22.4%53.4%25.6%1.6%-0.8%77.8M-2.26B-13.9M0.5618.788,7684,878136,586155,243
2024-04-10$400.06$395.0026.2%7.3%24.3%58.1%25.7%1.7%-0.6%50.6M-1.62B-14.4M0.8014.5313,15110,522139,917156,690
2024-04-11$399.32$395.0025.8%7.3%24.0%55.6%25.6%1.7%-0.5%51.3M-1.57B-14.1M0.6125.4216,2599,915142,678160,028
2024-04-12$389.00$395.0026.6%7.5%25.4%60.3%26.0%2.0%-0.7%7.0M-839.9M-14.1M0.7617.5426,68620,213147,128163,535
2024-04-15$400.85$395.0024.1%6.9%27.5%45.0%24.1%2.0%-0.3%73.9M-1.82B-13.8M0.7231.1947,03433,742139,816160,483
2024-04-16$397.31$395.0023.1%6.6%27.7%38.6%23.1%2.4%-0.2%55.2M-1.48B-14.1M0.7832.3217,68613,735149,916168,363
2024-04-17$404.27$395.0022.6%6.5%28.1%35.3%22.9%2.4%-0.2%93.1M-2.06B-14.1M1.0433.9019,59320,420151,606170,898
2024-04-18$404.19$395.0021.6%6.2%27.5%29.0%22.0%2.3%-0.2%81.8M-2.02B-14.2M0.6319.3316,96010,667152,717178,212
2024-04-19$403.50$395.0021.7%6.2%22.4%29.2%22.5%2.4%-0.1%58.8M-2.00B-14.2M1.1323.8513,95715,839155,553179,419
2024-04-22$416.75$395.0021.7%6.3%24.6%29.4%22.2%2.6%0.4%89.5M-2.37B-13.8M0.8321.5123,74419,765124,628146,015
2024-04-23$423.69$395.0020.5%5.9%25.1%21.7%21.7%1.7%0.4%117.7M-2.88B-13.6M0.8330.2225,85221,426132,026152,206
2024-04-24$422.20$400.0020.4%5.9%25.1%21.3%20.8%2.0%0.5%118.4M-2.83B-13.7M1.1223.149,47210,582137,139159,032
2024-04-25$419.16$405.0020.4%5.9%24.7%21.2%20.9%2.0%0.5%104.3M-2.59B-13.9M1.5633.2010,63516,557137,950161,937
2024-04-26$427.47$405.0020.5%5.8%25.5%21.8%20.9%1.8%0.6%119.8M-3.21B-13.3M0.8823.1920,78318,252139,004166,689
2024-04-29$430.49$405.0021.0%6.0%25.1%25.0%21.0%1.9%-0.2%100.3M-3.03B-13.6M0.9510.0915,97715,143132,356158,901
2024-04-30$427.18$405.0021.7%6.2%25.2%29.7%22.0%1.9%1.5%86.0M-2.78B-13.8M0.9916.196,2876,254135,567163,902