CBOE: GDE · Real-Time Price · USD
48.45
0.01 (0.02%)
At close: Aug 20, 2025, 3:00 PM

Max Pain By Strike

GDE trades at $48.45, 7.7% above the near-term max pain of $45 expiring Sep 19, 2025 (29 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($33-$45), signaling increased put positioning or downside protection. Key magnetic zone at 45 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max Pain By Expiry

Max pain for GDE shows a downward trend from 45 to 33, indicating bearish sentiment or hedging activity. The 29% spread signals divergent expectations across timeframes. Most levels below 48.45 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 45 -3.45 (-7.12%)
Oct 17, 2025 33 -15.45 (-31.89%)
Jan 16, 2026 44 -4.45 (-9.18%)
Apr 17, 2026 45 -3.45 (-7.12%)