(IAU)
Max Pain By Strike
IAU trades at $62.97, pinned near the near-term max pain of $63 expiring Aug 22, 2025 (1 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($46-$63), indicating stable market expectations. Key magnetic zone at 63 where 5 expirations converge.
Max Pain By Expiry
Max pain for IAU shows stable levels around 59.36, reflecting balanced market expectations. The 29% spread signals divergent expectations across timeframes. Levels distributed around 62.97. Strong magnetic level at 63 (5 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 22, 2025 | 63 | 0.03 (0.05%) |
| Aug 29, 2025 | 63 | 0.03 (0.05%) |
| Sep 5, 2025 | 63 | 0.03 (0.05%) |
| Sep 12, 2025 | 63 | 0.03 (0.05%) |
| Sep 19, 2025 | 62 | -0.97 (-1.53%) |
| Sep 26, 2025 | 63 | 0.03 (0.05%) |
| Oct 17, 2025 | 57 | -5.97 (-9.47%) |
| Jan 16, 2026 | 59 | -3.97 (-6.30%) |
| Apr 17, 2026 | 58 | -4.97 (-7.89%) |
| May 15, 2026 | 56 | -6.97 (-11.06%) |
| Jan 15, 2027 | 46 | -16.97 (-26.94%) |