What move does the options market price into Goldman Sachs's report?

Implied ±9.7%, either direction · provisional.

How often does Goldman Sachs move more than the options market prices?

2 of the last 5 reports moved at least as far as the implied move.

GSNYSESecurity Brokers, Dealers & Flotation Companies

Goldman Sachs Group Inc (GS) earnings date, market-implied expected move, and options open interest by expiry

887.59

−40.14 · −4.33%

post 894.94 +0.83%

Closed19:52 ET

Open915.93Volume2.2MMkt cap$260.5BP/E12.99Div yield2.01%

Day880.56 – 921.9435%52-wk739.46 – 1,148.3738%

Goldman Sachs Group Inc

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±9.7%implied · straddle

807.38981.72

spot 894.55exp Jan 15ATM strike 895ATM straddle 102.55IV 31%

Oct 30 closeprovisional

Expected move

Inputs

Next report

Jan 14

before open · in 75 days

est.Q4 FY26

Calendar

Next report

Last report

−0.23%

vs ±3.5% implied · ×0.07

shaded = implied · ▲▼ = realized

Oct 13 '26 · confirmed

Implied vs realized

Linked news

1dAAPL · customerMidterms, Apple earnings, jobs report. Wall Street faces a big week ahead just as investors dump tech
1dCBOE · customerCboe Global Markets posts Q3 net income $428.2 million, diluted EPS $4.08
2dRPT · customerRithm Property Trust posts Q3 net income $3,110 thousand, common net $1,822 thousand

News

Largest filed tie

13F top-10 QoQ

+0.74%

shares held · 10 largest managers

13F · Jun 30 '26123d lag

3,182 managers

Top fund weight

11.53%

GS weight · DIA

N-PORTJul 31 '26

12 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Goldman Sachs (GS) is expected to report on Jan 14 before open (estimated date).

Implied vs realized

8 reports

2 of 5≥ implied

avg implied: ±3.6%
avg realized: ±3.6%

Jan 15 '25Jan 15 '25confirmed—▲+6.02%—

Apr 14 '25Apr 14 '25confirmed—▲+1.93%—

Jul 16 '25Jul 16 '25confirmed—▲+0.90%—

Q3 FY25Oct 14 '25confirmed±3.7%▼−2.04%×0.55

Jan 15 '26Jan 15 '26confirmed±3.0%▲+4.63%×1.53

Q1 FY26Apr 13 '26confirmed±3.8%▼−1.87%×0.50

Q2 FY26Jul 14 '26confirmed±3.8%▲+9.00%×2.39

Oct 13 '26Oct 13 '26confirmed±3.5%▼−0.23%×0.07

quarterimplied−10%0+10%realized×

Oct '26±3.5%▼−0.23%×0.07

Q2 FY26±3.8%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 10 expiries · Oct 29 close

1.14OI · 10 expiries · Oct 29 closeP/C open interest · Jan 15 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

4 nearer expiries

5,716+42%Nov 66d1.065,379+17%1.06

2,314+6%Nov 1313d1.082,152+3%1.08

23,453+3%Nov 2020d1.0023,5290%1.00

1,077+22%Nov 2727d1.37787+31%1.37

487+18%Dec 434d3.78129+68%3.78

33,071+4%Dec 1848d1.0531,373+4%1.05

report · Jan 14 · before open · est.

ExpiryPutsCallsP/C

4 nearer expiries

Nov 66d5,716+42%5,379+17%1.06

Nov 1313d2,314+6%2,152+3%1.08

Nov 2020d23,453+3%23,529

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±9.7%

Funds 4

DIA±1.1%

XLF±0.4%

VIG±0.1%

VTV±0.1%

Suppliers 1

VSXY±6.3%×0.65

Customers 4

FWRD±9.4%×0.96

HOG±4.1%×0.42

AAPL±3.4%×0.34

Dashed = straddle · × = co-movement · max 501dMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

32.59%as filednet margin · revenue +18.06% QoQ · +39.46% YoY

Revenue$20.3B+18.06%

Pre-tax income$8.6B+32.02%

Net income$6.6B32.59%+17.73%

Tax$1.9B+126.05%

Source: SEC filings · standardized · QE Jun 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 19:45 ET

Intraday

Event sensitivity

PPI ×1.32· ±1.7% vs ±1.3% · 11 releases

eventrelease day|move|up · n×base

PPIproducer prices±1.7%6 of 11×1.32

CPIconsumer prices±1.6%7 of 11×1.25

FOMCrate decision±1.5%14 of 25×1.12

PCEpersonal income & outlays±1.3%10 of 20×0.98

GDPgross domestic product±1.2%11 of 20×0.91

NFPjobs report±1.1%6 of 10×0.86

CPROFcorporate profits±1.1%6 of 12×0.80

Bar = avg |move| to ±2% · tick = ±1.3% avg day · ×base = |move| ÷ ±1.3% · min 6 releases

Earnings history

EPS 20.98 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Jul 14 '26 · confirmed	20.98	—
Q1 FY26	Apr 13 '26 · confirmed	17.55	—
Q3 FY25	Oct 14 '25 · confirmed	12.25	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod