Option Greeks measure how an option's price responds to changes in the stock price (delta and gamma), time (theta), implied volatility (vega), and interest rates (rho).

Gamma, theta, and vega are largest for strikes near the Goldman Sachs stock price and shrink for strikes far above or below it. Theta grows as expiration gets closer, while vega is larger for expirations further out. Call delta runs from 0 to 1 and put delta from -1 to 0, near 0.50 and -0.50 at the money, and roughly estimates the chance that an option finishes in the money.

Goldman Sachs IV rank is 32, so implied volatility is in the lower part of its one-year range. Higher implied volatility raises option premiums and daily time decay (theta), and spreads delta and gamma across a wider range of strikes. Over the past year, 30-day implied volatility ranged from 24.9% to 45.9%. See the GS implied volatility history for a longer view.

Across all open Goldman Sachs options on Nov 4, 2026, net gamma exposure was $120.43M and net delta exposure was $4.04B per 1% move in the stock. The GS gamma exposure chart shows where that gamma sits by strike.

Goldman Sachs is a storied financial institution, founded in 1869 and best known for its role as a leading global investment bank.