(IAU)
Max Pain By Strike
IAU trades at $62.94, pinned near the near-term max pain of $62 expiring Aug 15, 2025 (-1 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($46-$63.5), indicating stable market expectations. Key magnetic zone at 63 where 3 expirations converge.
Max Pain By Expiry
Max pain for IAU shows stable levels around 58.88, reflecting balanced market expectations. The 30% spread signals divergent expectations across timeframes. Levels distributed around 62.94. Strong magnetic level at 63 (3 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 15, 2025 | 62 | -0.94 (-1.49%) |
| Aug 22, 2025 | 63 | 0.06 (0.10%) |
| Aug 29, 2025 | 63 | 0.06 (0.10%) |
| Sep 5, 2025 | 63 | 0.06 (0.10%) |
| Sep 12, 2025 | 61 | -1.94 (-3.08%) |
| Sep 19, 2025 | 62 | -0.94 (-1.49%) |
| Sep 26, 2025 | 63.5 | 0.56 (0.89%) |
| Oct 17, 2025 | 57 | -5.94 (-9.44%) |
| Jan 16, 2026 | 59 | -3.94 (-6.26%) |
| Apr 17, 2026 | 51 | -11.94 (-18.97%) |
| May 15, 2026 | 56 | -6.94 (-11.03%) |
| Jan 15, 2027 | 46 | -16.94 (-26.91%) |