GS Options History — August 2025

In August 2025, GS traded between $709.37 and $751.16. ATM implied volatility averaged 24.9%, placing in the 10.4% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded above realized volatility by 4.1% (HV 20d: 20.9%). Max pain ranged from $620.00 to $705.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 1.03.

Notable Days

  • 2025-08-28: Highest Volume — 144,399 contracts
  • 2025-08-04: Largest IV drop — 9.4% change
  • 2025-08-01: Highest IV Rank — 17.7%
  • 2025-08-01: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$732.11$709.37$751.16$709.37$744.76
Max Pain$643.33$620.00$705.00$665.00$705.00
ATM IV24.9%23.7%28.5%28.5%24.2%
Expected Move7.2%6.8%8.1%8.1%6.9%
HV 20d20.9%17.5%24.2%19.2%22.4%
HV 60d21.1%20.0%22.5%22.1%21.2%
IV Rank10.4%7.8%17.7%17.7%8.4%
IV Percentile33.9%23.8%62.7%62.7%26.2%
Term Structure0.2%-0.9%0.6%-0.9%0.3%
VWIV26.0%23.9%29.9%29.9%25.3%
Skew 25d3.3%2.5%4.6%4.6%2.9%
Skew 10d7.3%5.4%10.7%10.7%6.5%
Call IV 25d23.8%22.7%26.9%26.9%23.0%
Put IV 25d27.1%25.5%31.5%31.5%25.9%
Bid-Ask Spread %10.405.5044.368.537.01
Gamma HHI0.040.030.060.040.05
Net GEX86.5M-4.5M217.5M-4.5M65.8M
Net DEX-4.29B-5.26B-3.10B-3.61B-3.91B
Net VEX-22.9M-24.0M-22.1M-24.0M-23.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.071.801.561.03
Total Volume29,790.28610,509144,39937,10326,535
Total OI269,762.095248,412290,320282,332274,103

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-08-01$709.37$665.0028.5%8.1%19.2%17.7%29.9%4.6%-0.9%-4.5M-3.61B-24.0M1.568.5314,49022,613136,834145,498
2025-08-04$726.11$620.0025.8%7.4%19.6%12.3%27.9%3.8%0.3%82.9M-4.39B-22.9M1.086.777,9708,636123,976136,002
2025-08-05$721.61$620.0026.1%7.5%18.8%13.0%27.2%3.9%-0.1%71.8M-4.17B-23.0M1.187.589,03910,663125,960138,751
2025-08-06$725.77$620.0024.9%7.3%18.8%10.4%26.1%3.4%0.1%109.7M-4.40B-23.2M1.3511.506,0488,193129,378142,362
2025-08-07$721.04$620.0025.5%7.4%18.1%11.7%26.4%3.7%0.1%61.6M-4.06B-23.4M1.367.707,48310,177131,025144,999
2025-08-08$721.97$620.0024.3%7.1%17.8%9.3%25.4%3.4%0.1%46.8M-4.16B-22.8M1.137.3411,17412,591132,325146,593
2025-08-11$719.58$620.0024.7%7.1%17.5%10.1%27.1%3.4%0.2%57.7M-4.00B-22.1M1.696.985,1628,704124,105138,371
2025-08-12$742.86$630.0023.7%6.9%20.0%8.2%25.4%2.9%0.2%125.2M-5.12B-22.1M0.9210.7325,26723,197125,629141,874
2025-08-13$743.67$640.0024.5%7.1%20.0%9.7%26.4%3.3%0.4%118.2M-5.09B-22.7M0.987.8411,90211,719132,167147,610
2025-08-14$746.00$640.0024.4%7.1%19.9%9.5%25.5%3.1%0.5%137.7M-5.26B-22.9M1.507.097,53911,324135,280151,137
2025-08-15$731.57$640.0024.3%7.1%21.4%9.2%24.7%3.4%0.6%4.1M-4.37B-22.8M0.8222.4117,35814,262136,589153,731
2025-08-18$730.64$645.0024.4%7.0%21.4%9.5%25.5%3.4%0.2%64.8M-3.87B-22.8M0.886.936,5715,764119,384129,028
2025-08-19$721.15$650.0025.1%7.2%21.9%10.8%26.8%3.3%0.1%35.7M-3.43B-22.9M1.806.796,19611,135121,666131,267
2025-08-20$721.50$650.0025.6%7.3%20.4%11.8%25.8%3.8%0.1%28.7M-3.42B-23.0M1.208.589,63511,594123,536135,930
2025-08-21$715.42$650.0026.1%7.5%20.6%12.8%26.3%4.0%-0.1%-365.2K-3.10B-23.2M1.2114.044,7475,762125,825139,443
2025-08-22$742.45$650.0024.0%6.9%24.2%7.9%25.0%2.8%0.2%147.4M-4.68B-22.5M0.519.5929,27114,823126,488139,897
2025-08-25$739.91$650.0024.2%6.9%24.1%8.4%24.8%2.6%0.3%109.2M-4.28B-22.7M0.505.5517,6788,839125,953130,280
2025-08-26$747.19$655.0024.8%7.1%24.1%9.5%25.7%2.8%0.2%155.4M-4.71B-22.8M0.635.5010,5466,605132,987133,576
2025-08-27$751.16$660.0024.7%7.1%24.0%9.4%26.1%2.6%0.3%180.3M-4.99B-22.9M0.3244.3630,3049,681136,691136,052
2025-08-28$750.56$660.0023.9%6.8%24.0%7.8%23.9%2.5%0.3%217.5M-5.03B-23.1M0.075.64134,9349,465143,003139,699
2025-08-29$744.76$705.0024.2%6.9%22.4%8.4%25.3%2.9%0.3%65.8M-3.91B-23.8M1.037.0113,06113,474132,951141,152