(GLD)
Max Pain By Strike
GLD trades at $306.76, pinned near the near-term max pain of $308 expiring Aug 18, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($275-$311), indicating stable market expectations. Key magnetic zone at 308 where 5 expirations converge.
Max Pain By Expiry
Max pain for GLD shows stable levels around 301.38, reflecting balanced market expectations. The 12% spread signals divergent expectations across timeframes. Levels distributed around 306.76. Strong magnetic level at 308 (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 |
|---|---|---|
| Aug 18, 2025 | 308 | 1.24 (0.40%) |
| Aug 20, 2025 | 308 | 1.24 (0.40%) |
| Aug 22, 2025 | 308 | 1.24 (0.40%) |
| Aug 25, 2025 | 309 | 2.24 (0.73%) |
| Aug 27, 2025 | 307 | 0.24 (0.08%) |
| Aug 29, 2025 | 308 | 1.24 (0.40%) |
| Sep 5, 2025 | 306 | -0.76 (-0.25%) |
| Sep 12, 2025 | 308 | 1.24 (0.40%) |
| Sep 19, 2025 | 295 | -11.76 (-3.84%) |
| Sep 26, 2025 | 306 | -0.76 (-0.25%) |
| Sep 30, 2025 | 291 | -15.76 (-5.14%) |
| Oct 17, 2025 | 305 | -1.76 (-0.58%) |
| Nov 21, 2025 | 309 | 2.24 (0.73%) |
| Dec 19, 2025 | 295 | -11.76 (-3.84%) |
| Dec 31, 2025 | 300 | -6.76 (-2.21%) |
| Jan 16, 2026 | 275 | -31.76 (-10.35%) |
| Mar 20, 2026 | 309 | 2.24 (0.73%) |
| Mar 31, 2026 | 310 | 3.24 (1.05%) |
| May 15, 2026 | 305 | -1.76 (-0.58%) |
| Jun 18, 2026 | 300 | -6.76 (-2.21%) |
| Jun 30, 2026 | 311 | 4.24 (1.38%) |
| Sep 18, 2026 | 275 | -31.76 (-10.35%) |
| Jan 15, 2027 | 280 | -26.76 (-8.72%) |
| Jun 17, 2027 | 305 | -1.76 (-0.58%) |