SPDR Gold Shares (GLD)
SPDR Gold Shares Max Pain By Strike
GLD trades at $310.54, pinned near the near-term max pain of $308 expiring Aug 25, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($275-$310), indicating stable market expectations. Key magnetic zone at 300 where 4 expirations converge.
SPDR Gold Shares Max Pain By Expiry
Max pain for GLD shows stable levels around 301.57, reflecting balanced market expectations. The 12% spread signals divergent expectations across timeframes. Most levels below 310.54 may cap rallies. Strong magnetic level at 300 (4 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 25, 2025 | 308 | -2.54 (-0.82%) |
| Aug 27, 2025 | 307 | -3.54 (-1.14%) |
| Aug 29, 2025 | 308 | -2.54 (-0.82%) |
| Sep 3, 2025 | 307 | -3.54 (-1.14%) |
| Sep 5, 2025 | 306 | -4.54 (-1.46%) |
| Sep 12, 2025 | 307 | -3.54 (-1.14%) |
| Sep 19, 2025 | 300 | -10.54 (-3.39%) |
| Sep 26, 2025 | 306 | -4.54 (-1.46%) |
| Sep 30, 2025 | 291 | -19.54 (-6.29%) |
| Oct 3, 2025 | 300 | -10.54 (-3.39%) |
| Oct 17, 2025 | 306 | -4.54 (-1.46%) |
| Nov 21, 2025 | 308 | -2.54 (-0.82%) |
| Dec 19, 2025 | 299 | -11.54 (-3.72%) |
| Dec 31, 2025 | 300 | -10.54 (-3.39%) |
| Jan 16, 2026 | 275 | -35.54 (-11.44%) |
| Mar 20, 2026 | 306 | -4.54 (-1.46%) |
| Mar 31, 2026 | 307 | -3.54 (-1.14%) |
| May 15, 2026 | 310 | -0.54 (-0.17%) |
| Jun 18, 2026 | 300 | -10.54 (-3.39%) |
| Jun 30, 2026 | 310 | -0.54 (-0.17%) |
| Sep 18, 2026 | 290 | -20.54 (-6.61%) |
| Jan 15, 2027 | 280 | -30.54 (-9.83%) |
| Jun 17, 2027 | 305 | -5.54 (-1.78%) |