Golden Ocean Group Limite... (GOGL)
Golden Ocean Max Pain By Strike
GOGL trades at $7.98, 6.4% above the near-term max pain of $7.5 expiring Sep 19, 2025 (8 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($5-$50), signaling increased put positioning or downside protection. Key magnetic zone at 5 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 5, indicating bearish sentiment or hedging activity. The 300% spread signals divergent expectations across timeframes. Most levels below 7.98 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 | 7.5 | -0.48 (-6.02%) |
| Oct 17, 2025 | 5 | -2.98 (-37.34%) |
| Dec 19, 2025 | 5 | -2.98 (-37.34%) |
| Jan 16, 2026 | 50 | 42.02 (526.57%) |
| Mar 20, 2026 | 7.5 | -0.48 (-6.02%) |