(GLD)
Max Pain By Strike
GLD trades at $335.42, pinned near the near-term max pain of $333 expiring Sep 15, 2025 (2 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($285-$334), indicating stable market expectations. Key magnetic zone at 310 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for GLD shows stable levels around 315.96, reflecting balanced market expectations. The 16% spread signals divergent expectations across timeframes. Most levels below 335.42 may cap rallies. Strong magnetic level at 310 (5 expirations). 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 15, 2025 | 333 | -2.42 (-0.72%) |
| Sep 17, 2025 | 333 | -2.42 (-0.72%) |
| Sep 19, 2025 | 305 | -30.42 (-9.07%) |
| Sep 22, 2025 | 333 | -2.42 (-0.72%) |
| Sep 24, 2025 | 334 | -1.42 (-0.42%) |
| Sep 26, 2025 | 322 | -13.42 (-4.00%) |
| Sep 30, 2025 | 310 | -25.42 (-7.58%) |
| Oct 3, 2025 | 327 | -8.42 (-2.51%) |
| Oct 10, 2025 | 326 | -9.42 (-2.81%) |
| Oct 17, 2025 | 320 | -15.42 (-4.60%) |
| Oct 24, 2025 | 328 | -7.42 (-2.21%) |
| Oct 31, 2025 | 333 | -2.42 (-0.72%) |
| Nov 21, 2025 | 313 | -22.42 (-6.68%) |
| Dec 19, 2025 | 315 | -20.42 (-6.09%) |
| Dec 31, 2025 | 305 | -30.42 (-9.07%) |
| Jan 16, 2026 | 285 | -50.42 (-15.03%) |
| Mar 20, 2026 | 310 | -25.42 (-7.58%) |
| Mar 31, 2026 | 310 | -25.42 (-7.58%) |
| May 15, 2026 | 310 | -25.42 (-7.58%) |
| Jun 18, 2026 | 300 | -35.42 (-10.56%) |
| Jun 30, 2026 | 311 | -24.42 (-7.28%) |
| Sep 18, 2026 | 310 | -25.42 (-7.58%) |
| Jan 15, 2027 | 295 | -40.42 (-12.05%) |
| Jun 17, 2027 | 315 | -20.42 (-6.09%) |