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GLD

SPDR Gold SharesClose $440.08EOD only

Max Pain

$435.00

Next expiry Apr 17, 2026

Expected Move

±$3.97

0.9% from close

Price Gap

-5.08

Distance to max pain

IV Rank

Middle-high premium

P/C OI

0.55

Slightly call-heavy

Consensus

5.5/10

Consensus signal

Published snapshot: Apr 16, 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

Apr 16, 2026 close

GLD AI Consensus Report

Analysis based on market close April 17, 2026

Directional Theta Gang Flow Earnings Consensus

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

Conviction

6.0

out of 10

6 because dealer gamma and rich theta align for a pin/income trade but mixed flow and tail macro/event risk (no earnings but macro shocks) can rapidly invalidate positioning, so conviction is positive but not high.

Where Perspectives Agree

Consensus is mildly bullish/pinned around current mid-range with dealer gamma supporting a consolidation/pin and premium-rich environment that favors defined-risk, income-enabled bullish exposure rather than naked directional longs.

Where They Diverge

Flow shows mixed institutional activity—some accumulation but also large outsized offers—that conflicts with a clean bullish continuation (flow could supply liquidity to drive a sustained sell-off); theta wants short premium while directional still recommends long call exposure, creating tension on position sizing and time‑frame.

Top Trade

via theta

Sell May 1 2026 $450/$455 call spread for ~credit (defined-risk bearish-to-neutral income), expected credit ~$0.40–$0.70.

Key Risk

Break below $430 on strong selling (flow-initiated stop cascade) flips dealer gamma long to neutral/long removal and accelerates downside toward $420 gap — this level/trigger would invalidate the pin/income thesis.

Read the AI Analyst Consensus for GLD for 2026-04-17. This synthesis report combines directional, theta, flow, and earnings perspectives into one conviction view with setup, trigger, and invalidation context.