$86.5 · Jul 10 · 30Δ
$1.76 premium · 30%/yr annualized
VANECK GOLD MINERS ETF
Free ward
We DM you the instant the $90 call wall or the $75 put wall breaks. No noise, just the break.
Wall-break alerts arrive as a Discord DM.
Free ward
We DM you the instant the $90 call wall or the $75 put wall breaks.
—
Warded
We'll DM you the moment the $90 call wall breaks. Rest easy.
The Read
$GDX is in a neutral regime at heat 40, which means dealer positioning neither amplifies nor dampens moves. The $90 call wall has fresh today after holding 68% of the time, while the $75 put wall also fresh today but holds 91% of the time dealers test it. Spot is 3.1% below the $83.11 flip, so a move up faces resistance at the call wall first.
Regime balanced — no clear edge from positioning.
Scored Levels
PROWhere the market is positioned
Risk-neutral, implied by options pricing — where the market is positioned, not a forecast.
Implied vs Measured
PRO$86.5 · Jul 10 · 30Δ
$1.76 premium · 30%/yr annualized
$75 · Jul 10 · 29Δ
$2.07 premium · 37%/yr annualized
Not investment advice · Informational only
Over the last 21 sessions · n=10
$75 put wall
broke 1.6% on 2026-06-10
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Dealer positioning, scored in public. Methodology + sample sizes always visible.
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