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GLD

SPDR Gold SharesClose $408.49EOD only
Max Pain
$417.00
Next expiry May 29, 2026
Expected Move
±$5.69
1.4% from close
Price Gap
+8.51
Distance to max pain
IV Rank
9
Low premium
P/C OI
0.54
Slightly call-heavy
Consensus
6.0/10
Range bias
Published snapshot: May 27, 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 27, 2026 close
GLD AI Consensus Report
Analysis based on market close April 13, 2026
DirectionalTheta GangFlowEarningsConsensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

You are viewing an older report from April 13, 2026. A newer ai consensus report is available for May 26, 2026.

View latest report
Conviction
6.0

out of 10

Score 6 because structural pinning (GEX/MP ladder) gives a reliable center to trade around, but conviction is limited by opposing institutional selling, mixed flow, and near‑term expiry compression risk — any of which can rapidly break the pin and invalidate short‑premium approaches.

Where Perspectives Agree

Consensus view is a dealer‑pinned/neutrally biased setup centered in the $433–$436 area — position flows and GEX concentrate probability there making a mean‑reversion magnet rather than a committed trend trade.

Where They Diverge

Flow and institutional metrics conflict with the pin: while dealer gamma and MP ladders support pinning, net premium selling and mixed flow signals imply large selling pressure that could produce directional bursts and IV repricing; theta wants to monetize the pin by selling premium, but earnings/term‑structure or concentrated institutional selling could force IV spikes that undermine short premium strategies.

Top Trade
via theta

Sell Apr 20 433/428 put spread for ~ $0.45 credit (defined‑risk, tactical income against the pin).

Key Risk

A sustained break and close below $428.82 removes dealer gamma support and triggers a stop‑cascade — downside would accelerate toward the $415 structural support, invalidating the pin and short‑premium constructions.

How to Use These Reports
This ai consensus reflects the market close on April 13, 2026.
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.