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GS Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure

Analyze the complete GS options chain including strike-level open interest, real-time implied volatility (IV), max pain levels, gamma exposure, dealer positioning, and options flow trends. This dashboard provides data-driven insights for traders building directional or hedging strategies around GS.

Latest Data: 2026-02-06 (EDT)
Max Pain Price
905
Exp: 2026-02-06
Gamma Flip
932.50
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.899
Shows put vs call positioning
IV Skew
-2.08
Put–call IV difference
Max Pain Price Volatility
σ = 5.40
medium volatility
Confidence 85%

Near-Term Options-Derived Market Structure

NEUTRAL OUTLOOK

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a high-confidence neutral environment. Dealer positioning and volatility suppression suggest a stable range-bound setup rather than a directional move. Options Chian

On the put side, the bearish positioning looks mainly like hedging. This reflects caution and short-term protection rather than a true bearish call. Confidence: 100%

Current DPI is 0.638(strong-bullish). Bullish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions are moderately choppy. Structural constraints from options positioning are relatively light. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-02-20 options expiry. 100% confidence

The support levels for GS are at 920.13, 907.19, and 868.20, while the resistance levels are at 937.37, 950.31, and 989.30. The pivot point, a key reference price for traders, is at 905.00.

Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)

Expiry 2026-02-06 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is bullish (0.50), pin strength 0.90.


Based on same-day expiring options (0DTE), the ATM straddle implies an 1.03% standardized 1-day equivalent move, serving as an intraday volatility reference.


The implied intraday range is approximately 917.42 973.61 , corresponding to +4.83% / -1.22% .

Estimated using ATM implied volatility, OTM option flow, and dealer hedging conditions to capture the market-implied price range.


Bullish flow suggests upside interest toward 1001.45 (7.83% above spot).

Bearish positioning points to downside pressure toward 912.94 (1.70% below spot).


Options flow strength: 0.79 (0–1 scale). ATM Strike: 927.50, Call: 1.59, Put: 7.95, Straddle Cost: 9.54.


Price moves may extend once a direction forms. The short-term gamma flip is near 935.19 , with intermediate positioning around 932.50 . The mid-term gamma flip remains near 933.08.