(AAAU)

AAAU trades at $32.98, 17.8% above the near-term max pain of $28 expiring Sep 19, 2025 (32 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($28-$31), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for AAAU shows a downward trend from 31 to 28, indicating bearish sentiment or hedging activity. The 10% spread signals divergent expectations across timeframes. Most levels below 32.98 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.