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GLD

SPDR Gold SharesClose $416.99EOD only
Max Pain
$418.00
Next expiry May 22, 2026
Expected Move
±$4.33
1.0% from close
Price Gap
+1.01
Distance to max pain
IV Rank
5
Low premium
P/C OI
0.58
Slightly call-heavy
Consensus
6.0/10
Range bias
Published snapshot: May 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
May 21, 2026 close
GLD AI Consensus Report
Analysis based on market close May 21, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
6.0

out of 10

6 not 5 because GEX and max pain alignment is robust; not 7 because flow's bearish signal introduces material risk of downside break.

Where Perspectives Agree

GLD is pinned near max pain at $418 with positive dealer gamma supporting a range-bound trade between $410 and $425.

Where They Diverge

Heavy institutional put buying ($294M net premium, P/C vol 1.01) signals bearish sentiment contradictory to the pin thesis — suggests hedging or directional bet against a rally above $425.

Top Trade
via theta

Sell 2026-06-18 $410/$425 strangle for net credit of $1.50 — profits from pin and time decay within defined probability.

Key Risk

Break below $412.66 invalidates the range pin — gamma flips negative and heavy put hedging accelerates decline toward $402.89 support.

How to Use These Reports
This ai consensus reflects the market close on May 21, 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.