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GS

Goldman Sachs Group, Inc. (The)Close $936.36EOD only
Max Pain
$960.00
Next expiry Sep 25, 2026
Expected Move
±$17.98
1.9% from close
Price Gap
+23.64
Distance to max pain
IV Rank
3
Low premium
P/C OI
1.02
Balanced positioning
Consensus
4.0/10
Range bias
Published snapshot: Sep 23, 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
Sep 23, 2026 close
GS Theta Report
Analysis based on market close June 25, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 25, 2026. A newer theta report is available for June 26, 2026.

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Theta Verdict

Attractiveness9 / 10
Sizing: Aggressive
Primary: Short Put Spread
Invalidation: Spot breaks below $1060 support or VIX spikes above 25
Confidence:
6 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 spot 0.5% from MP; +0.5 VIX 19

IV Environment

IV Regime
Normal
IV vs VIX
Avg IV 40.75% vs VIX 18.89, IV elevated relative to VIX
Favorable?
Yes

Term structure: Near-term puts very rich (1d put 97% vs call 55%), skew steep; longer tenors flatter

⚠️Front-month put IV extreme at 97%

Pin Risk Assessment

Spot vs MP: At

GEX regime: Pinning ($+5.4M)

Gamma flip: ~$925.00 — Approx — based on put OI concentration of 2,735 (13.2% below spot)

OI concentrations: Max pain $1060 Jun26, $1048 Jul02, $1060 Jul10; $1150-1440 call wall

Verdict: Potential pin risk at $1060; high put OI at $925 (gamma flip)

Premium Opportunities

Risk Alerts

!High put skew in nearest expiration
!Spot near max pain, watch for pin action
How to Use These Reports
This theta 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.