Goldman Sachs Access Inve... (GIGB)
Goldman Sachs Access Investment Grade Corporate Bond ETF Max Pain By Strike
GIGB trades at $46.08, 9.7% above the near-term max pain of $42 expiring Sep 19, 2025 (29 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($41-$95), signaling increased put positioning or downside protection. Key magnetic zone at 42 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Goldman Sachs Access Investment Grade Corporate Bond ETF Max Pain By Expiry
Max pain for GIGB shows a downward trend from 95 to 41, indicating bearish sentiment or hedging activity. The 103% spread signals divergent expectations across timeframes. Most levels below 46.08 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 42 | -4.08 (-8.84%) |
| Oct 17, 2025 | 43 | -3.08 (-6.67%) |
| Nov 21, 2025 | 41 | -5.08 (-11.01%) |
| Dec 19, 2025 | 95 | 48.92 (106.19%) |
| Feb 20, 2026 | 42 | -4.08 (-8.84%) |