Goldman Sachs S&P 500 Pre... (GPIX)
Goldman Sachs S&P 500 Premium Income ETF Max Pain By Strike
GPIX trades at $50.62, pinned near the near-term max pain of $51 expiring Sep 19, 2025 (29 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($1.5-$51), reflecting growing call interest at higher strikes. High dispersion in max pain levels suggests competing forces and potential volatility.
Goldman Sachs S&P 500 Premium Income ETF Max Pain By Expiry
Max pain for GPIX shows an upward trend from 1.5 to 51, suggesting bullish positioning in longer-dated options. The 132% spread signals divergent expectations across timeframes. Most levels below 50.62 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 | 51 | 0.38 (0.75%) |
| Oct 17, 2025 | 48 | -2.62 (-5.18%) |
| Dec 19, 2025 | 40 | -10.62 (-20.98%) |
| Jan 16, 2026 | 1.5 | -49.12 (-97.04%) |
| Mar 20, 2026 | 47 | -3.62 (-7.15%) |