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GS

Goldman Sachs Group, Inc. (The)Close $1065.09EOD only
Max Pain
$1060.00
Next expiry Jun 26, 2026
Expected Move
±$18.28
1.7% from close
Price Gap
-5.09
Distance to max pain
IV Rank
12
Low premium
P/C OI
1.03
Balanced positioning
Consensus
7.5/10
Bullish tilt
Published snapshot: Jun 25, 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 25, 2026 close
GS Earnings Report
Analysis based on market close June 26, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

GS reports Jul 14, 100% beat rate. Flow bearish with heavy puts; spot below max pain. Caution advised.

Confidence:
4 / 10
base 5; -1 GEX/flow contradict; -0.5 spot 3.4% from MP; +0.5 VIX 18
Most important: 100% beat rate vs. heavy put flow and spot below MP
⚠️100% beat rate but heavy puts caution
📈Historical beat rate perfect

Regime Classification

Vol Regime
Normal
Gamma Regime
Trending
Flow Regime
Mixed
Spot vs MP
Below
Gamma flip: ~$925.00 — Approx — based on put OI concentration of 2,735 (9.3% below spot)

Earnings Overview

Next earnings: 2026-07-14 (18 days)explicit

Expected moves:

  • 2026-07-02 (6d): ±$34.72 (3.4%)
  • 2026-07-10 (14d): ±$50.20 (4.9%)
  • 2026-07-17 (21d): ±$69.93 (6.9%)

IV Setup

Term structure: Upward sloping: 3.4% (6d) to 6.9% (21d)

Crush estimate: Implied vol crush ~20-30% after event

Skew: Put skew elevated; heavy 7/2 $1000 and 7/10 $980 puts

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: N/A

Directional bias: Bullish (5/5 beats)

Key Levels

1$925.00 gamma flip
2EM guardrails: 1w $984.88/$1054.33
3Max pain pins: $1055 (2026-06-26); $1050 (2026-07-02); $1065 (2026-07-10)

Flow Highlights

7/2 $1000 put bought 477x (4.2x OI)

Downside hedging into earnings

8/21 $1100 call bought 2648x (5.5x OI)

Speculative bullish bet far out

Strategies

Bullish Call Diagonal
Sell 2026-07-17 $1020.00 call / buy 2026-08-21 $1000.00 call
Debit: $29.38-$35.91
Max loss: $35.91
Max gain: Variable
BE: Path-dependent
Trigger: Close if spot breaches $1000 or adjust if IV expands significantly.
100% beat rate and upward term structure support owning back-month call, selling front-month OTM call.
Outperforms: Expresses directional bullish edge while reducing theta cost via short front-month premium.
Underperforms: Loss of support or adverse vol term shift weakens thesis.

Risk Assessment

!Spot 3.4% below max pain increases pin risk
!Elevated put OI suggests hedging pressure
!VIX 18 but trending, may amplify moves

What to Watch

?Max pain $1050 (7/2) and $1065 (7/10)
?Gamma flip at $925 put OI concentration
?EM guardrails $985/$1054
How to Use These Reports
This earnings reflects the market close on June 26, 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.