The options tape classified a multi-leg trade in GLD with $34.78M 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 | 2 observed legs |
|---|---|
| Expiration | 2026-12-18 |
| Premium | $34.78M |
| First leg contracts | 53,018 |
| First leg price | $4.70 |
| First leg sentiment | NEUTRAL |
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.
