GDX $99.26 balanced levels as of 2026-09-04 · 16:25 ET (after hours)

$GDX

VANECK GOLD MINERS ETF

▼ -2.23   (-2.20%)
Snapshot $99.26 · · 2026-09-04 · 16:25 ET (after hours)

The Levels

Put Wall $85 held 5 sessions
Gamma Flip $99 +0.7% from flip — on the edge
Call Wall $100 active wall
spot $99.26

Regime balanced · no clear edge from positioning.

Each wall is the strike carrying the heaviest open interest within 15% of price, call above as resistance, put below as support, pooled across all listed expirations. It is a structural positioning level, not a single expiry pin. Max pain is tracked separately.

The Read

$GDX is in a neutral regime at heat 42, meaning dealer positioning neither amplifies nor damps moves significantly. The $85 call wall and the $70 put wall are both untested yesterday, leaving these levels open for action as dealers haven’t had to defend them yet. Spot sits 1.1% below the $76.24 flip, suggesting the next move up faces a key test at that level.

Where the market is positioned


Talk to the oracle

Ask Nĩr about $GDX.

Free. No login. Real dealer positioning on $GDX, scored over a year of outcomes.

IV percentile · 1y 35 · mid-range Put / call · OI · all expiries 1.57 · puts-heavy

Plays at the Walls

Covered Call

$107 · Oct 2 · 30Δ

$2.21 premium  ·  30%/yr annualized

Cash-Secured Put

$94.5 · Oct 2 · 31Δ

$2.49 premium  ·  36%/yr annualized

Not investment advice · Informational only


How our calls on $GDX have played out

Over the last 21 sessions · n=28

28 Walls Called
4 Held 80% 2 pinned · 2 rejected
1 Broke 20%
23 Untested

$100 call wall

held 3 sessions running

$100 call wall

broke 2.8% on 2026-08-21


Free alert

Set an alert on $GDX

We DM you when the $100 call wall or the $85 put wall breaks. No noise, just the break.

or sign in another way

Wall-break alerts arrive as a Discord DM. Pro gets them live, the instant the wall breaks.

Free alert

Set an alert on $GDX

We DM you when the $100 call wall or the $85 put wall breaks.

Alert set

$GDX alert is on

We'll DM you when the $100 call wall breaks. Rest easy.

manage your alerts →

Scored Levels


Implied vs Measured


Be the first to call it.
Signup required


The Discord

Two cards a day + the weekly accountability post, as they drop. Your invite unlocks the moment you subscribe, no cost, just an email.

Subscribe to unlock →

Subscribe · your way in

Drop your email: the weekly receipt, plus your Discord invite, instantly.