CBOE: GDE · Real-Time Price · USD
49.11
-0.36 (-0.73%)
At close: Aug 15, 2025, 3:00 PM

Max Pain By Strike

GDE trades at $49.11, 9.1% above the near-term max pain of $45 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($33-$46), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max Pain By Expiry

Max pain for GDE shows a downward trend from 46 to 33, indicating bearish sentiment or hedging activity. The 31% spread signals divergent expectations across timeframes. Most levels below 49.11 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 45 -4.11 (-8.38%)
Oct 17, 2025 33 -16.11 (-32.81%)
Jan 16, 2026 44 -5.11 (-10.41%)
Apr 17, 2026 46 -3.11 (-6.34%)