Options Skew Analytics

GS option chain

Strikes around the forward, as they were quoted at the close

Data as of 23 September 2026 (end of day)

2026-09-25(2 days)ATM 34.09%±23.69skew +0.14
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$46.05$52.25—$890.00—————
06$41.25$47.70—$895.00—————
532$37.60$40.75—$900.0036.18%$0.45$0.73571262
8130$31.60$37.65—$905.0036.17%$0.80$1.09335149
0135$26.60$33.20—$910.0034.69%$1.05$1.48328302
216$22.40$28.70—$915.0034.32%$1.63$2.1370692
4613$18.70$23.55—$920.0033.92%$2.39$3.05903308
1133$15.15$19.75—$925.0033.43%$3.30$4.35514242
2456$12.50$16.25—$930.0033.96%$4.90$6.15315177
2743$10.50$12.45—$935.0034.61%$6.65$8.7064491
234100$8.00$9.9534.00%$940.00—$8.65$11.15428104
17581$5.80$7.4033.30%$945.00—$11.70$14.3030323
245440$4.15$5.4033.08%$950.00—$14.40$17.301,02747
106349$2.87$4.0033.30%$955.00—$18.15$21.0037211
937321$2.20$2.6333.51%$960.00—$22.00$25.851588
179754$1.22$1.7732.64%$965.00—$25.70$30.2511729
251333$0.96$1.3334.18%$970.00—$29.30$35.6519136
318413$0.60$0.7533.52%$975.00—$37.15$40.051033
363531$0.37$0.5534.19%$980.00—$40.70$44.9518724
—————$985.00—$45.75$49.551773
—————$990.00—$51.35$54.5518813

Forward $939.07. The 25-delta put carries +0.14 volatility points over the 25-delta call.

2026-10-02(9 days)ATM 31.00%±45.70skew -0.22
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
9013$51.60$55.65—$890.0032.76%$3.20$4.101727
06$47.50$52.05—$895.0032.16%$3.45$5.1024620
1933$43.40$47.55—$900.0032.29%$4.75$5.85204235
02$39.45$43.10—$905.0032.67%$5.70$7.501216
107$35.75$39.80—$910.0031.49%$6.95$7.7510223
041$31.35$36.70—$915.0031.92%$7.95$10.10756
1659$27.75$32.30—$920.0031.14%$8.95$11.6023272
2014$25.50$29.35—$925.0031.64%$12.00$12.806314
2622$22.10$25.70—$930.0031.57%$13.70$15.15161560
2749$20.05$23.15—$935.0030.87%$15.15$17.4513318
3622$16.60$18.6031.01%$940.00—$17.45$20.3015917
2172$14.90$17.6532.66%$945.00—$19.50$22.55188135
225161$13.45$15.2532.94%$950.00—$22.95$26.1515051
2667$10.80$13.8032.66%$955.00—$25.80$30.1049132
5977$9.60$11.2032.29%$960.00—$28.85$33.4011328
65111$7.90$9.3531.77%$965.00—$32.20$35.4510225
22121$6.35$8.2031.71%$970.00—$35.15$39.1522717
58107$5.30$7.3532.17%$975.00—$39.60$44.801506
13687$4.55$5.4531.43%$980.00—$42.75$48.8516818
556$3.60$4.8531.65%$985.00—$46.85$52.75725
15126$3.15$4.1032.07%$990.00—$51.10$57.602238

Forward $938.72. The 25-delta put carries -0.22 volatility points over the 25-delta call.

2026-10-09(16 days)ATM 31.12%±61.26skew +1.29
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
208$54.00$59.80—$890.0031.84%$6.30$7.70576
02$50.35$55.45—$895.0031.87%$7.40$8.907287
08$46.55$51.95—$900.0031.88%$8.90$9.9530583
172$43.00$47.85—$905.0031.19%$9.40$11.3520793
023$39.55$44.40—$910.0031.89%$11.00$13.75726
2320$36.45$41.30—$915.0032.08%$12.80$15.60904
218$34.50$37.40—$920.0030.93%$13.45$16.951075
414$30.60$35.45—$925.0031.72%$16.10$19.45592
4528$27.90$32.25—$930.0030.84%$18.10$20.4013413
32100$25.25$28.50—$935.0031.77%$20.15$24.401176
113172$23.25$25.80—$940.0031.10%$22.40$26.0511625
718$20.40$24.0031.14%$945.00—$24.75$28.701061
21137$18.70$21.2531.11%$950.00—$27.75$30.802166
232$16.75$18.9030.97%$955.00—$30.50$35.601170
628$14.20$17.1030.58%$960.00—$33.05$36.9516210
1039$13.30$15.3531.13%$965.00—$36.55$40.25872
060$11.80$13.4530.98%$970.00—$39.95$43.90614
2325$10.50$11.7530.91%$975.00—$43.50$48.60847
1755$8.70$10.6530.70%$980.00—$46.90$53.351020
929$7.60$9.2530.60%$985.00—$50.55$55.25465
2945$6.40$8.2030.49%$990.00—$54.35$60.903127

Forward $940.30. The 25-delta put carries +1.29 volatility points over the 25-delta call.

2026-10-16(23 days)ATM 34.69%±82.00skew +1.19
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
066$63.05$66.40—$890.0035.76%$12.60$13.7562596
118$59.70$62.80—$895.0035.80%$13.90$15.4043721
10221$55.20$59.85—$900.0036.10%$16.00$16.90801236
414$52.10$55.45—$905.0035.92%$16.75$19.2014812
8138$49.15$51.95—$910.0035.62%$18.30$20.7040756
128$45.95$49.05—$915.0035.15%$20.25$21.7024131
064$41.60$46.15—$920.0035.26%$22.55$23.6023766
065$39.40$42.65—$925.0035.30%$24.75$25.703689
4059$36.50$40.50—$930.0035.12%$26.65$27.9540291
3025$34.95$37.30—$935.0035.43%$29.60$30.30178108
77252$32.35$34.95—$940.0034.89%$30.90$32.9531966
24231$29.70$32.4534.69%$945.00—$33.80$35.7055215
153345$27.80$29.7534.66%$950.00—$36.05$38.6555710
15105$25.50$27.7034.63%$955.00—$38.70$41.503011
56189$22.85$24.7033.77%$960.00—$42.90$44.054291
20103$20.90$22.9033.80%$965.00—$46.40$47.0531224
11572$19.65$22.0534.63%$970.00—$49.55$50.5038917
3111$17.75$19.2533.89%$975.00—$52.55$53.602882
45285$16.40$18.1034.26%$980.00—$55.25$57.7540213
15172$15.40$16.9034.71%$985.00—$57.60$61.503390
32268$13.60$15.7034.57%$990.00—$60.55$66.0015218

Forward $941.73. The 25-delta put carries +1.19 volatility points over the 25-delta call.

2026-10-23(30 days)ATM 34.27%±92.46skew +1.19
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$64.30$69.95—$890.0034.51%$15.15$17.102181
02$61.50$66.30—$895.0034.39%$16.45$18.70403
38$57.25$62.90—$900.0033.93%$17.60$20.0011935
08$53.95$59.50—$905.0033.88%$18.80$22.203114
46$50.55$56.95—$910.0033.95%$21.20$23.6514710
1027$47.45$53.15—$915.0034.43%$22.30$27.45390
07$44.95$50.15—$920.0034.15%$24.90$28.454460
022$41.95$47.05—$925.0033.62%$26.70$29.90316
36$40.55$44.65—$930.0033.65%$29.85$31.403188
016$38.15$41.70—$935.0034.05%$32.80$34.1029123
4637$34.15$39.05—$940.0033.64%$34.05$37.004850
917$32.95$36.9034.29%$945.00—$36.10$41.65552
643$30.10$34.2533.83%$950.00—$38.80$42.05677
09$28.10$31.7533.73%$955.00—$41.25$45.15851
739$26.05$30.7034.20%$960.00—$44.15$48.60550
1422$23.70$27.6533.48%$965.00—$47.25$51.25517
10532$22.95$26.1034.14%$970.00—$50.35$54.45274
514$20.85$24.6034.09%$975.00—$53.45$57.75350
3686$19.10$23.3034.21%$980.00—$56.50$60.30170
1220$17.25$21.1033.74%$985.00—$59.40$63.4090
27142$15.90$18.7533.33%$990.00—$64.20$66.95194

Forward $941.08. The 25-delta put carries +1.19 volatility points over the 25-delta call.

2026-10-30(37 days)ATM 33.47%±100.42skew +1.69
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
07$69.05$73.40—$890.0034.36%$17.75$20.25665
21$66.35$70.10—$895.0034.08%$18.70$22.00561
09$62.85$67.15—$900.0034.20%$20.30$24.104614
22$59.50$64.05—$905.0034.62%$22.45$26.502112
05$54.70$61.20—$910.0034.28%$23.30$28.752120
07$52.10$57.55—$915.0034.38%$25.55$30.75100
22$49.60$54.75—$920.0033.87%$27.00$32.35122
09$45.55$51.95—$925.0033.69%$29.45$33.90390
366$43.10$49.10—$930.0033.48%$31.40$36.05512
421$43.00$46.05—$935.0034.20%$34.45$39.50154
1069$38.75$43.75—$940.0033.61%$36.30$41.25828
6992$36.10$41.2533.45%$945.00—$38.60$44.75140
2637$34.60$38.2533.48%$950.00—$42.00$45.90343
27$31.60$36.8533.47%$955.00—$44.15$50.45350
224$29.15$33.9532.98%$960.00—$47.35$52.053411
09$27.25$31.6032.86%$965.00—$50.25$55.002810
18$24.85$31.0533.23%$970.00—$53.05$58.60200
14$23.85$27.8032.95%$975.00—$56.45$61.20180
010$22.50$26.4033.25%$980.00—$59.20$64.50141
218$20.25$24.1532.70%$985.00—$62.80$68.00242
015$18.75$22.5032.66%$990.00—$66.15$71.60151

Forward $942.48. The 25-delta put carries +1.69 volatility points over the 25-delta call.

2026-11-20(58 days)ATM 33.83%±127.34
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
028$75.05$81.40—$895.0033.79%$27.10$29.652383
230$72.40$78.10—$900.0034.60%$30.10$32.6053476
220$68.60$74.35—$905.0034.22%$32.25$33.3512614
251$66.70$71.05—$910.0033.87%$32.70$36.0013331
314$64.55$68.25—$915.0034.24%$35.85$38.152612
475$62.05$65.10—$920.0033.98%$37.40$40.2540610
270$58.50$62.25—$925.0034.29%$40.70$42.401003
1897$56.30$60.20—$930.0033.77%$41.20$45.101292
683$53.10$56.90—$935.0034.36%$45.10$47.8017219
1697$51.50$53.65—$940.0033.98%$47.85$48.9529931
558$48.65$51.3533.72%$945.00—$48.90$52.307321
888$45.80$49.7533.77%$950.00—$50.85$54.401304
69199$44.90$46.4533.86%$955.00—$55.35$57.35637
7142$41.65$45.5533.91%$960.00—$55.55$60.001701
11140$39.30$42.0533.34%$965.00—$61.25$62.7575012
8117$36.65$40.7533.35%$970.00—$63.90$66.056556
270$35.20$38.6033.43%$975.00—$65.50$71.0021222
0111$33.35$36.8033.45%$980.00—$69.95$72.751151
689$31.85$34.5533.39%$985.00—$71.95$76.106116
1126$29.95$33.2533.46%$990.00—$73.95$78.552290
2114$27.55$31.6033.19%$995.00—$77.30$82.55660

Forward $944.40. Not enough surviving quotes on both wings to measure the skew here.

2026-12-18(86 days)ATM 33.38%±152.86
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
079$84.35$88.80—$895.0033.64%$36.80$39.90870
2332$80.10$86.75—$900.0033.14%$38.10$41.001,56629
064$78.40$82.45—$905.0033.22%$40.00$43.55952
159$74.05$80.50—$910.0033.31%$42.40$45.80760
252$71.55$76.70—$915.0033.54%$44.25$49.20980
0321$68.95$75.00—$920.0033.68%$47.70$50.85129116
874$66.70$71.35—$925.0033.73%$50.60$52.85302393
7126$64.05$67.95—$930.0032.91%$51.00$54.407472
041$62.20$66.40—$935.0033.68%$54.85$58.30694
9425$60.00$63.30—$940.0033.32%$55.80$61.20558
557$56.50$61.3533.05%$945.00—$57.50$63.7512722
6226$54.25$59.1033.05%$950.00—$60.35$66.65830
6075$54.15$56.0033.39%$955.00—$63.65$69.35570
5785$51.20$54.6033.36%$960.00—$68.55$72.1510716
11174$49.15$52.3533.32%$965.00—$69.45$75.1011735
25174$45.55$50.2532.85%$970.00—$73.10$77.3516710
085$43.55$48.2032.81%$975.00—$75.55$81.10905
5359$43.45$45.7533.15%$980.00—$80.20$83.751209
123$40.80$44.3533.04%$985.00—$80.55$87.20440
1137$37.85$42.5032.68%$990.00—$84.25$90.85410
039$36.10$40.7032.65%$995.00—$86.25$93.9510244

Forward $943.28. Not enough surviving quotes on both wings to measure the skew here.

How to read this

Calls on the left, puts on the right, the strike between them — the layout every chain uses. Each block is one expiration, and the heading carries its days to expiry, the at-the-money implied volatility, and the one-standard-deviation move that volatility implies over that time.

Only the 21 strikes nearest the forward are stored, which is the part of the board that carries the volume. The shaded side is in the money: below the forward for calls, above it for puts.

Implied volatility is shown on the out-of-the-money side only. An in-the-money option is nearly all intrinsic value quoted on a wide market, so a volatility solved from it would look authoritative and mean very little. The price is still shown, because the price is real; the blank is deliberate.