GS Options History — March 2026

In March 2026, GS traded between $781.42 and $871.25. ATM implied volatility averaged 40.5%, placing in the 38.2% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 1.0% (HV 20d: 39.5%). Max pain ranged from $850.00 to $885.00. Net GEX was positive for 5 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 1.01.

Notable Days

2026-03-12: Highest Volume — 110,218 contracts
2026-03-12: Largest IV spike — 11.4% change
2026-03-30: Highest IV Rank — 49.8%
2026-03-12: Largest Expected Move — 14.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$824.11	$781.42	$871.25	$862.50	$843.22
Max Pain	$862.95	$850.00	$885.00	$875.00	$850.00
ATM IV	40.5%	34.8%	46.0%	39.0%	41.0%
Expected Move	12.0%	10.5%	14.9%	11.9%	11.8%
HV 20d	39.5%	31.5%	43.3%	41.3%	35.7%
HV 60d	34.0%	32.6%	35.5%	33.0%	35.5%
IV Rank	38.2%	25.9%	49.8%	34.9%	39.3%
IV Percentile	94.5%	86.9%	98.0%	95.2%	92.5%
Term Structure	-0.3%	-2.8%	2.2%	-1.6%	0.0%
VWIV	42.5%	38.1%	50.2%	40.1%	47.0%
Skew 25d	8.1%	6.1%	9.6%	6.1%	8.9%
Skew 10d	14.8%	11.5%	19.6%	11.5%	15.9%
Call IV 25d	36.8%	32.0%	41.5%	35.9%	37.3%
Put IV 25d	44.9%	39.1%	50.3%	42.1%	46.2%
Bid-Ask Spread %	27.78	12.05	46.27	42.66	14.74
Gamma HHI	0.03	0.02	0.14	0.02	0.02
Net GEX	-35.7M	-133.4M	48.9M	-23.3M	48.9M
Net DEX	-956.5M	-2.56B	1.19B	-1.96B	-2.56B
Net VEX	-49.2M	-51.7M	-46.7M	-48.5M	-51.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.01	0.53	2.14	1.02	0.81
Total Volume	43,447.818	17,069	110,218	48,726	32,533
Total OI	375,822.273	332,975	412,770	332,975	373,924

Daily Data (22 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
2026-03-02	$862.50	$875.00	39.0%	11.9%	41.3%	34.9%	40.1%	6.1%	-1.6%	-23.3M	-1.96B	-48.5M	1.02	42.66	24,109	24,617	160,323	172,652
2026-03-03	$862.43	$870.00	38.7%	11.6%	41.1%	34.4%	41.5%	8.1%	-2.8%	-22.7M	-2.02B	-48.8M	1.05	44.95	21,801	22,846	166,852	177,656
2026-03-04	$871.25	$870.00	34.8%	10.5%	41.4%	25.9%	38.1%	7.1%	-0.9%	-224.3K	-2.55B	-49.2M	0.73	46.27	20,050	14,586	173,338	183,307
2026-03-05	$833.26	$885.00	37.0%	11.0%	43.3%	30.7%	38.2%	8.3%	0.8%	-85.2M	-471.7M	-48.2M	1.50	43.07	26,800	40,108	178,529	187,236
2026-03-06	$819.93	$880.00	41.0%	11.9%	42.7%	39.2%	42.6%	8.7%	-0.5%	-133.4M	81.2M	-48.6M	1.21	39.78	24,808	30,110	185,953	193,078
2026-03-09	$832.63	$880.00	39.1%	11.6%	39.7%	35.2%	42.5%	9.6%	1.1%	-43.2M	-816.7M	-48.9M	0.98	43.72	22,294	21,868	175,151	186,004
2026-03-10	$834.75	$875.00	38.0%	11.4%	39.1%	33.0%	40.1%	9.4%	1.7%	-29.9M	-1.13B	-48.8M	0.79	38.40	18,230	14,435	181,181	189,384
2026-03-11	$825.38	$875.00	37.6%	11.3%	38.9%	32.0%	40.1%	7.0%	1.8%	-52.0M	-522.6M	-48.4M	0.93	35.65	18,812	17,446	186,896	192,715
2026-03-12	$789.69	$870.00	41.9%	14.9%	41.0%	41.1%	43.9%	6.5%	1.8%	-100.9M	1.19B	-46.7M	2.14	16.57	35,148	75,070	191,094	195,735
2026-03-13	$781.42	$860.00	41.9%	13.4%	39.5%	41.2%	42.9%	7.1%	2.2%	-120.3M	1.16B	-47.4M	1.71	22.16	20,457	35,024	203,827	198,260
2026-03-16	$793.56	$860.00	40.8%	11.8%	40.3%	38.8%	41.8%	7.6%	-1.1%	-61.4M	357.7M	-47.9M	0.75	15.87	22,190	16,633	193,858	188,454
2026-03-17	$808.44	$860.00	38.7%	11.0%	40.5%	34.4%	39.5%	7.3%	-0.3%	-38.6M	-348.5M	-48.4M	0.87	25.38	18,881	16,490	201,533	191,474
2026-03-18	$803.60	$860.00	40.6%	11.7%	39.7%	38.4%	40.7%	7.8%	-1.6%	-43.8M	-300.7M	-47.9M	0.53	34.12	18,231	9,736	204,141	193,918
2026-03-19	$811.83	$860.00	40.7%	11.6%	40.0%	38.6%	41.6%	7.6%	0.4%	-24.7M	-743.9M	-49.0M	1.54	22.57	26,219	40,313	207,841	194,278
2026-03-20	$809.61	$855.00	43.2%	12.3%	39.8%	43.9%	43.6%	8.3%	-1.4%	4.7M	-938.9M	-49.6M	0.77	24.24	25,726	19,754	216,115	196,655
2026-03-23	$835.99	$850.00	40.8%	11.8%	41.0%	38.9%	42.4%	8.6%	-1.0%	18.2M	-2.17B	-50.5M	0.70	19.49	25,134	17,645	186,825	164,257
2026-03-24	$838.69	$850.00	41.2%	11.9%	40.8%	39.7%	44.7%	9.5%	-1.7%	24.2M	-2.25B	-50.9M	0.74	19.11	18,367	13,516	193,255	169,606
2026-03-25	$841.54	$850.00	40.8%	11.8%	40.0%	38.8%	42.5%	8.8%	-1.0%	30.6M	-2.36B	-51.5M	0.67	12.05	17,926	11,974	198,193	173,042
2026-03-26	$821.42	$850.00	43.1%	12.3%	40.2%	43.7%	44.0%	8.4%	-0.4%	-9.1M	-1.45B	-50.7M	0.98	16.20	14,657	14,360	206,690	176,535
2026-03-27	$802.01	$850.00	45.4%	12.9%	31.5%	48.5%	48.1%	8.7%	-1.7%	-104.0M	-466.7M	-49.9M	1.06	18.28	14,470	15,409	209,511	179,307
2026-03-30	$807.32	$850.00	46.0%	13.2%	31.6%	49.8%	50.2%	9.0%	-0.5%	-19.4M	-767.4M	-50.3M	0.73	15.82	9,857	7,212	200,321	169,186
2026-03-31	$843.22	$850.00	41.0%	11.8%	35.7%	39.3%	47.0%	8.9%	0.0%	48.9M	-2.56B	-51.7M	0.81	14.74	17,989	14,544	203,502	170,422