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GLD

SPDR Gold SharesClose $432.93EOD only
Max Pain
$431.00
Next expiry May 13, 2026
Expected Move
±$4.68
1.1% from close
Price Gap
-1.93
Distance to max pain
IV Rank
49
Middle-high premium
P/C OI
0.57
Slightly call-heavy
Consensus
6.0/10
Range bias
Published snapshot: May 12, 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 12, 2026 close
GLD AI Consensus Report
Analysis based on market close May 13, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
7.0

out of 10

7 not 8 because early expiry today adds gamma risk and flow mixed with -$171M net premium, capping conviction despite strong pinning signals.

Where Perspectives Agree

All personas converge on GLD pinning to max pain $431 with dealer gamma support, favoring neutral-to-slightly-bullish drift into expiry.

Where They Diverge

Flow shows institutional call buying for next week (433C) alongside put hedging, but this merely reflects positioning for different timeframes—no direct contradiction.

Top Trade
via theta

Sell 2026-05-29 $414/$413 put credit spread for $0.50 credit — defined risk, profits from pin at $431, max profit if above $414.

Key Risk

Break below $424 flips dealer gamma long to short, accelerating drop to $410 support; break above $437 triggers bullish breakout to $445.

How to Use These Reports
This ai consensus reflects the market close on May 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.