Golden Ocean Group Limite... (GOGL)
Golden Ocean Max Pain By Strike
GOGL trades at $8.02, 6.9% above the near-term max pain of $7.5 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$50), signaling increased put positioning or downside protection. Key magnetic zone at 8 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Golden Ocean Max Pain By Expiry
Max pain for GOGL shows a downward trend from 50 to 2.5, indicating bearish sentiment or hedging activity. The 345% spread signals divergent expectations across timeframes. Levels distributed around 8.02. 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 15, 2025 | 7.5 | -0.52 (-6.43%) |
| Sep 19, 2025 | 7.5 | -0.52 (-6.43%) |
| Oct 17, 2025 | 2.5 | -5.52 (-68.81%) |
| Dec 19, 2025 | 5 | -3.02 (-37.62%) |
| Jan 16, 2026 | 50 | 41.98 (523.83%) |
| Mar 20, 2026 | 10 | 1.98 (24.77%) |