The options tape classified a multi-leg trade in GLD with $5.45M of traded premium.
What changed for $GLD?
This classification comes from the actual option-event tape, including the execution pattern and strategy type, rather than being inferred from end-of-day chain volume.
| Structure | 1 observed leg |
|---|---|
| Expiration | 2026-11-20 |
| Premium | $5.45M |
| First leg contracts | 3,000 |
| First leg price | $18.15 |
| First leg sentiment | BEARISH |
LOADING $GLD LIVE MARKET DATA
What does this $GLD signal not prove?
A classified trade does not reveal the trader’s full portfolio, hedge, or final intent. Multi-leg sentiment can differ by leg and should not be reduced to a single directional claim.
