GLND max pain

From the closing options book · October 20, 2026 · updated after every close

GLND's max pain for the October 23, 2026 expiration was 3 at the October 20, 2026 close, −3.2% from GLND's 3.10 close. Max pain is the price at which option holders' total intrinsic value at expiry would be smallest.

3
Max pain
Oct 23 expiry
3.10
Close
−3.2% to max pain
1.79
Put/call OI
0.47
Put/call volume

GLND close vs max pain, last 20 sessions

SessionCloseMax painGap
Oct 203.103−3.2%
Oct 193.023.5+15.9%
Oct 163.123.5+12.2%
Oct 153.454+15.9%
Oct 143.904+2.6%
Oct 132.212.5+13.1%
Oct 122.312.5+8.2%
Oct 92.513+19.5%
Oct 82.613+15.2%
Oct 72.713+10.7%
Oct 63.003.5+16.7%
Oct 53.714+7.8%
Oct 23.734+7.2%
Sep 171.211−17.4%
Sep 161.201−16.7%
Sep 151.201−16.7%
Sep 141.221−18.0%
Sep 111.221−18.0%
Jul 162.312−13.4%
Jul 152.362−15.3%

The session before, max pain sat at 3.5.

Open interest within 45 days stood at 1,990 calls and 3,557 puts, a put/call ratio of 1.79. On the day, 474 calls and 222 puts traded.

Max pain is a property of the open-interest book, not a forecast: price has no obligation to finish there, and on most days it does not. It is most useful as a reference for where the expiring book is balanced.

These are the October 20, 2026 closing numbers. Members see GLND's map move live all session.

Common questions

What is GLND's max pain?

3 for the October 23, 2026 expiration, from open interest at the October 20, 2026 close.

What is GLND's put/call ratio?

By open interest 1.79; by volume 0.47 on October 20, 2026.

Does GLND close at max pain?

Not reliably. Max pain describes where the expiring options book is balanced; it is a reference level, not a prediction.

Compare: max pain on other tickers

Measured from the closing options book and rebuilt after every close. Nothing on this page is live. Levels are where dealer hedging is concentrated, not targets or forecasts. Not investment advice.