thetaOwl

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 22, 2026

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

Conviction
6.5

out of 10

6.5 not 8 because of the conflict between Theta's bearish premium flow and Flow's bullish call flow, and uncertainty from missing price data.

Where Perspectives Agree

Range-bound with pinning near $418, supported by dealer positive gamma and call flow, with defined-risk strategies favored.

Where They Diverge

Theta reports negative net premium indicating bearish flow divergence, while Flow highlights bullish call volume and low put/call ratio, creating a conflict in flow interpretation.

Top Trade
via theta

Sell 2026-06-12 iron condor: $401/$400 put wing and $418/$419 call wing for credit — profits from pin near $418, defined risk.

Key Risk

Break below $401 triggers dealer hedging and stop-losses, accelerating to $390 next support.

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