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GLD

SPDR Gold SharesClose $396.24EOD only
Max Pain
$411.00
Next expiry Jun 8, 2026
Expected Move
±$3.35
0.8% from close
Price Gap
+14.76
Distance to max pain
IV Rank
46
Middle-high premium
P/C OI
0.55
Slightly call-heavy
Consensus
7.0/10
Bearish tilt
Published snapshot: Jun 5, 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
Jun 5, 2026 close
GLD AI Consensus Report
Analysis based on market close June 8, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
5.5

out of 10

5.5 not higher because the conflict between bullish directional/theta and bearish flow is unresolved—both sides have high confidence (8/10), making any directional bias unreliable.

Where Perspectives Agree

Short gamma regime with low volatility creates pinning potential near max pain at $403, but bearish flow undermines upside conviction.

Where They Diverge

Flow's bearish thesis (heavy put buying, negative premium) directly contradicts directional and theta's bullish bias (target $403-$411, short put spreads).

Top Trade
via theta

Sell 2026-07-02 $395/$390 put credit spread and $400/$405 call credit spread (iron condor) for approximately $0.50 credit per side.

Key Risk

Break below $383 support confirms bearish flow and invalidates bullish pin thesis, accelerating decline toward $350.

How to Use These Reports
This ai consensus reflects the market close on June 8, 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.