GDX $88.53 balanced levels as of 2026-10-12 · 16:24 ET (after hours)

$GDX

VANECK GOLD MINERS ETF

▼ -0.75   (-0.84%)
Snapshot $88.53 · -1.1% below flip · balanced 2026-10-12 · 16:24 ET (after hours)

The Levels

Put Wall $80 held 5 sessions
Gamma Flip $90 -1.1% from flip — on the edge
Call Wall $100 active wall
spot $88.53

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

Next session: balanced gamma. GDX tends to range between $80 and $100 without a catalyst.

Where the market is positioned


Talk to the oracle

Ask Nĩr about $GDX.

Free. No login. Real dealer positioning on $GDX, with scored outcomes and historical backtests.

IV percentile · 1y 5 · premium quiet Put / call · OI · all expiries 1.35 · puts-heavy

Plays at the Walls

Covered Call

$95 · Nov 13

31%/yr annualized

Cash-Secured Put

$84 · Nov 13

27%/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
2 Held 100% 1 pinned · 1 rejected
0 Broke 0%
26 Untested

$90 call wall

held 1 sessions running


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Scored Levels


Implied vs Measured


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