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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

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 Flow Report

Analysis based on market close June 26, 2026

Directional Theta Gang Flow Earnings Consensus

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

Flow Verdict

Confidence:

4 / 10

base 5; -1 GEX/flow contradict; -0.5 spot 3.4% from MP; +0.5 VIX 18

Watch next session: 925 gamma flip; 1100 Aug call activity; spot vs MP

Flow Summary

Net premium: +$59.6M bullish

P/C volume ratio: 1.40

P/C OI ratio: 1.04

Large call sweep on GS Aug 1100 suggests bullish speculation. Put volumes are declining and negative gamma indicates hedging pressure. Net premium positive but flow mixed. Confidence moderate at 4.

Notable Prints

GS 2026-08-21 $1100.00 Call

Vol: 2,648

OI: 484

Vol/OI: 5.5x

IV: 36.2%

Notional: ~$6.8M

Intent: Bullish speculation

Dual read: Covering short?

Read-through: Bullish on GS

GS 2026-07-02 $1000.00 Put

Vol: 477

OI: 113

Vol/OI: 4.2x

IV: 32.7%

Notional: ~$427K

Intent: Bearish bet

Dual read: Hedge

Read-through: Bearish near-term

GS 2026-07-02 $1100.00 Call

Vol: 531

OI: 145

Vol/OI: 3.7x

IV: 36.6%

Notional: ~$40K

Intent: Lottery ticket

Read-through: Speculative bullish

GS 2026-07-17 $870.00 Put

Vol: 425

OI: 130

Vol/OI: 3.3x

IV: 44.0%

Notional: ~$98K

Intent: Tail hedge

Dual read: Bearish speculation

Read-through: Fear of downside

GS 2026-07-10 $980.00 Put

Vol: 739

OI: 233

Vol/OI: 3.2x

IV: 33.7%

Notional: ~$606K

Intent: Bearish position

Dual read: Rolling

Read-through: Continued bearish

Institutional Positioning

Call additions: Large OTM call buys Aug 21 $1100C, Jul 2 $1100C, Jun 26 $1080C, Jul 31 $1165C.

Put additions: Put accumulation Jul 2 $1000P, Jul 10 $980P, Jun 26 $1040P, Jul 17 $870P, Jul 2 $750P.

GEX/DEX consistency: GEX -$1.1M (short gamma) and DEX +9.8M shares (long delta) consistent with dealer short puts and calls.

OI clusters: Notable OI: $1100C (484), $1165C (106), $1000P (113), $980P (233), $1040P (180).

Hedging evidence: Concurrent call and put buys suggest collar/risk reversal; puts at $1000 and $870 show downside hedging.

Max pain context: Spot below MP ($1060-1080); gamma flip at $925. Upward pinning expected but negative gamma adds volatility.

Signal vs Noise

~Large OTM call volume is bullish signal.

~Put buying is hedging, not bearish.

~Negative gamma with positive DEX indicates dealer hedging may amplify moves.

Key Conclusions

📈Bullish call positioning despite mixed flow; supports upside bias.

⚠️Spot below max pain with negative gamma; expect volatility and possible pin to MP.

How to Use These Reports

This flow 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.