thetaOwl

GLD

SPDR Gold SharesClose $411.50EOD only
Max Pain
$420.00
Next expiry May 20, 2026
Expected Move
±$4.43
1.1% from close
Price Gap
+8.50
Distance to max pain
IV Rank
12
Low premium
P/C OI
0.57
Slightly call-heavy
Consensus
5.5/10
Range bias
Published snapshot: May 19, 2026 close
End-of-day snapshot

This page reflects GLD options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 19, 2026 close
Consensus-ledMay 19, 2026 close5.5/10 conviction

AI Consensus

Bias
Range
Neutral to slightly bullish
Best Fit
Defined risk

Iron Condor: Sell 2026-06-05 $402/$390 put spread and $424/$435 call spread for ~$2

Key Levels
420 / 412 / 416
Magnet / spot / breakout
Main Risk
Event sensitivity

Break below $400 support flips dealer gamma long, accelerating downside toward $360 gap fill

One-line synthesis

Range bias

Highest-conviction setup

Iron Condor: Sell 2026-06-05 $402/$390 put spread and $424/$435 call spread for ~$2

Main disagreement

Theta recommends bear put spreads expecting downside, while directional sees bullish drift to $420

Persona support grid

Earnings

Event premium and IV crush

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Contribution

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Full Report

Coverage for this persona has not published yet.

Not available yet
How to Use These Reports
This hub collects the active report lenses so you can compare how each persona reads the same market-close snapshot.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.