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GLD

SPDR Gold SharesClose $429.57EOD only
Max Pain
$441.00
Next expiry Apr 22, 2026
Expected Move
±$6.19
1.4% from close
Price Gap
+11.43
Distance to max pain
IV Rank
26
Middle-high premium
P/C OI
0.54
Slightly call-heavy
Consensus
5.5/10
Neutral tilt
Published snapshot: Apr 21, 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 21, 2026 close
GLD AI Consensus Report
Analysis based on market close April 22, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
5.5

out of 10

5.5 because on-chain dealer gamma and concentrated strikes support the pin, but conviction is limited by missing theta/flow inputs and the ever-present macro/vol spike tail risk that can rapidly negate positioning.

Where Perspectives Agree

Market is pinned near $439 with dealer positive-gamma and concentrated short-call positioning creating a stable near-term magnet and mild upside bias to $442–$445 if risk assets remain supported.

Where They Diverge

No direct persona contradictions in the provided directional note, but missing theta and flow reports create informational gaps; absent flow could reveal institutional accumulation that would overturn the pin thesis if present.

Top Trade
via theta

Sell May 08 $439 call / buy Jun 18 $450 call for ~ $0.60 credit (diagonal), capturing front-month decay while staying long longer-dated upside.

Key Risk

Break and close below $435 with a sustained move through $434 triggers dealer gamma flip and stop cascade, removing the pin and accelerating downside toward $430 support.

How to Use These Reports
This ai consensus reflects the market close on April 22, 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.