Strategy Shares - Strateg... (GOLY)
Strategy Shares - Strategy Shares Gold-Hedged Bond ETF Max Pain By Strike
GOLY trades at $30.19, 58.9% above the near-term max pain of $19 expiring Sep 19, 2025 (20 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($16-$19), signaling increased put positioning or downside protection. Key magnetic zone at 19 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Strategy Shares - Strategy Shares Gold-Hedged Bond ETF Max Pain By Expiry
Max pain for GOLY shows a downward trend from 19 to 16, indicating bearish sentiment or hedging activity. The 17% spread signals divergent expectations across timeframes. Most levels below 30.19 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 | 19 | -11.19 (-37.07%) |
| Oct 17, 2025 | 16 | -14.19 (-47.00%) |
| Jan 16, 2026 | 18 | -12.19 (-40.38%) |
| Apr 17, 2026 | 19 | -11.19 (-37.07%) |