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GS

Goldman Sachs Group, Inc. (The)Close $1076.91EOD only
Max Pain
$1055.00
Next expiry Jun 26, 2026
Expected Move
±$25.80
2.4% from close
Price Gap
-21.91
Distance to max pain
IV Rank
11
Low premium
P/C OI
1.02
Balanced positioning
Consensus
7.5/10
Bullish tilt
Published snapshot: Jun 24, 2026 close
End-of-day snapshot

This page reflects GS options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jun 24, 2026 close
GS Earnings Report
Analysis based on market close June 25, 2026
DirectionalTheta GangFlowEarningsConsensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Earnings Verdict

High confidence setup: GEX pinning, positive flow, and 100% historical beat rate. IV contango and gamma floor at $925 support bullish outlook.

Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 spot 0.5% from MP; +0.5 VIX 19
Most important: Gamma pinning near $1060 max pain with $1048 support; call wall at $1150-$1440 caps near-term upside. Net premium $162M with slight put bias.
📌Gamma pinning at $1060 max pain with strong call OI walls; neutral to bullish bias.
✅100% beat rate over last 5 quarters supports positive sentiment.
⚠️Slight put skew in flow (PC ratio 1.14) warrants caution on downside.

Regime Classification

Vol Regime
Normal
Gamma Regime
Pinning
Flow Regime
Mixed
Spot vs MP
At
Gamma flip: ~$925.00 — Approx — based on put OI concentration of 2,735 (13.2% below spot)

Earnings Overview

Next earnings: 2026-07-14 (19 days)explicit

Expected moves:

  • 2026-06-26 (1d): ±$18.27 (1.7%)
  • 2026-07-02 (7d): ±$41.25 (3.9%)
  • 2026-07-10 (15d): ±$54.95 (5.2%)

IV Setup

Term structure: Contango: expected moves 1.7%/3.9%/5.2% for 1d/7d/15d.

Crush estimate: Large crush typical post-earnings; pre-event IV elevated.

Skew: Put/call OI 1.03, volume 1.14, slight put skew but pinning dominates.

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: Not available; implied moves moderate relative to history.

Directional bias: Bullish, 100% beat rate (5/5) and positive flow alignment.

Key Levels

1$925.00 gamma flip
2EM guardrails: 2d $1046.81/$1083.36; 1w $1023.84/$1106.34
3Max pain pins: $1060 (2026-06-26); $1048 (2026-07-02); $1060 (2026-07-10)

Flow Highlights

High vol/oi ratio on $1300 Call (2027-03-19): 297 vol vs 131 OI.

Potential long-dated bullish positioning or spread.

Unusual activity on $1047.5 Put (expiring 6/26): 326 vol vs 174 OI.

Hedging or pinning trade near max pain $1060.

Strategies

Short Strangle on GS
Sell 2026-07-17 $1000.00 put + sell $1140.00 call
Credit: $22.77-$27.83
Max loss: Unlimited
Max gain: $27.83
BE: 972.17 / 1167.83
Trigger: Monitor $925 put floor; consider closing if spot approaches $1140 call wall.
Only eligible candidate; high confidence due to 100% beat rate, IV contango, and gamma pinning near $1060 max pain.
Outperforms: Captures time decay and IV crush; limited risk within $1000-$1140 range.
Underperforms: Break outside short strikes invalidates short-vol thesis.

Risk Assessment

!Gamma flip if spot breaks below $925 put floor.
!IV crush post-earnings could reduce long option value.
!Earnings miss risk despite high beat rate.

What to Watch

?$1060 max pain and $1048 support for pinning
?$1083 resistance and $1150 call wall
?Put floor at $925 and $1010 support
How to Use These Reports
This earnings reflects the market close on June 25, 2026.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.