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GLD

SPDR Gold SharesClose $413.82EOD only
Max Pain
$415.00
Next expiry May 27, 2026
Expected Move
±$6.67
1.6% from close
Price Gap
+1.18
Distance to max pain
IV Rank
16
Low premium
P/C OI
0.58
Slightly call-heavy
Consensus
6.5/10
Range bias
Published snapshot: May 22, 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 22, 2026 close
GLD AI Consensus Report
Analysis based on market close May 26, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
6.0

out of 10

6 not 7 because flow's bearish put print directly conflicts with the pin thesis, reducing confidence; higher conviction would require alignment between flow and price structure.

Where Perspectives Agree

All personas see GLD pinned near $415 with dealer short-gamma support, favoring range-bound price action between $410 and $418.

Where They Diverge

Theta is bearish (long put spreads) but directional is neutral-bullish, while flow shows large ATM put buying at $413 that undermines the pin and directional thesis.

Top Trade
via theta

Sell Jun 12 $410/$415/$418 iron condor for $0.80 credit — profits from pin, defined risk.

Key Risk

Break below $410.42 triggers gamma selloff to $406, while break above $417.58 faces resistance at $415 max pain and may extend to $421.52.

How to Use These Reports
This ai consensus reflects the market close on May 26, 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.