STKd 100% Bitcoin & 100% ... (BTGD)
STKd 100% Bitcoin & 100% Gold ETF Max Pain By Strike
BTGD trades at $38.37, 4.1% below the near-term max pain of $40 expiring Sep 19, 2025 (31 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($26-$40), reflecting growing call interest at higher strikes. High dispersion in max pain levels suggests competing forces and potential volatility.
STKd 100% Bitcoin & 100% Gold ETF Max Pain By Expiry
Max pain for BTGD shows an upward trend from 26 to 40, suggesting bullish positioning in longer-dated options. The 44% spread signals divergent expectations across timeframes. Most levels below 38.37 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 | 40 | 1.63 (4.26%) |
| Oct 17, 2025 | 30 | -8.37 (-21.80%) |
| Nov 21, 2025 | 32 | -6.37 (-16.59%) |
| Feb 20, 2026 | 26 | -12.37 (-32.23%) |