GS · expected move by expiry
The Goldman Sachs Group is priced to move 3.9% by 2026-Sep-04.
Options price a ±3.85% move (about $39.85) by 2026-Sep-04 (Fri), a range of 986.17 to 1065.87 from the last price of 1033.99. Max pain for that expiry is 1020.00.
GS
The Goldman Sachs Group, Inc.
Last
1033.99 -6.88 (-0.7%)
Next expiry move
±3.85% 6 days
Vol regime
Low
Put / call
2.69
Weekend
Fetched 2026-08-30, 02:46:41 AM ET
Fetched 2026-08-30, 02:46:41 AM ET
expected range last price 1033.99 max painAxis 903 to 1125, shared by every row
Expiry
Expected range (1 SD)
Expected move
Max pain
Odds inside
2026-Sep-04Fri, 6 days
986.17
1065.87
Expected move±3.85%±$39.85
Max pain1020.001.4% below last price
Odds of closing inside68%put/call 2.69
2026-Sep-11Fri, 13 days
963.09
1081.25
Expected move±5.71%±$59.08
Max pain1030.000.4% below last price
Odds of closing inside68%put/call 2.77
2026-Sep-18Fri, 20 days
944.21
1093.85
Expected move±7.24%±$74.82
Max pain985.004.7% below last price
Odds of closing inside68%put/call 1.34
2026-Sep-25Fri, 27 days
927.75
1104.81
Expected move±8.56%±$88.53
Max pain1025.000.9% below last price
Odds of closing inside68%put/call 1.14
2026-Oct-02Fri, 34 days
914.78
1113.46
Expected move±9.61%±$99.34
Max pain1040.000.6% above last price
Odds of closing inside68%put/call 1.46
Options flow, nearest expiry
Caution
Lean bearish - moderate negative flow Score -0.37 on a -1 to +1 scale.
Key levels from open interest
800.00 / 1040.00
Heaviest put open interest sits at 800.00 and heaviest call open interest at 1040.00. Price tends to gravitate toward large open interest into expiry.
Setup
Technical Breakout / Breakdown
Read from implied volatility, momentum and breakout signals across the chain. Descriptive, not a forecast.
Reading the GS expected move table
Each row is one expiry. The shaded band is the one-standard-deviation range the option chain implies for GS on that date: the market gives roughly a two-in-three chance that GS closes inside it and a one-in-three chance it closes outside. The black tick is the last traded price, 1033.99. The diamond is max pain, the strike where option holders would collect the least if the stock settled there.
The range widens with time because uncertainty compounds with the square root of time: the 2026-Oct-02 range (±9.61%) is wider than the 2026-Sep-04 range (±3.85%) even though the daily volatility behind both is the same. Read the methodology for the formulas, or the guide to what the expected move means in practice.
Figures are derived from delayed public option data and recalculated through the trading day. Nothing on this page is investment advice. Machine-readable version: /api/expected-move/GS.
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