SPDR Gold Shares (GLD) Open Interest History
Open interest tracks the total number of outstanding options contracts. Rising OI alongside price moves can indicate growing commitment to the trend; declining OI suggests positions are being closed.
SPDR Gold Shares (GLD) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $155.84B, listed on AMEX, carrying a beta of 0.16 to the broader market. The investment objective of SPDR Gold Trust (the "Trust") is for the shares to reflect the performance of the price of gold bullion, less the Trust's expensesThe first US traded gold ETF and the first US-listed ETF backed by a physical assetFor many investors, the costs associated with buying GLD shares in the secondary market and the payment of the Trust's ongoing expenses may be lower than the costs associated with buying, storing and insuring physical gold in a traditional allocated gold bullion account public since 2004-11-18.
Snapshot as of May 15, 2026.
- Spot Price
- $418.08
- Call OI
- 3.3M
- Put OI
- 1.9M
- Total OI
- 5.1M
- Put/Call Ratio
- 0.65
As of May 15, 2026, SPDR Gold Shares (GLD) has 5.1M total contracts outstanding across all expirations. Put/call OI ratio is 0.57 (call-heavy positioning). Open interest reflects accumulated positions from prior sessions; persistent growth indicates sustained directional or hedging interest, while sharp drops typically mean post-expiration clean-up.
How GLD open interest history Data Feeds Strategy Selection
Strategy selection on SPDR Gold Shares options does not derive from any single metric in isolation. The open interest history view above sits inside a broader read: ATM IV currently sits at 23.3% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the open interest history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
Learn how open interest is reported and how to read the data →
GLD highest open-interest contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| PUT | $418.00 | May 22, 2026 | 12.7K | 365 | 22.9% | $4.95 | $5.20 |
| CALL | $420.00 | May 22, 2026 | 5.2K | 158 | 22.6% | $4.40 | $4.55 |
| CALL | $418.00 | May 22, 2026 | 31.3K | 1.1K | 22.9% | $5.40 | $5.65 |
| PUT | $419.00 | May 22, 2026 | 4.1K | 142 | 22.7% | $5.45 | $5.70 |
| PUT | $416.00 | May 22, 2026 | 5.4K | 211 | 23.2% | $4.10 | $4.35 |
| CALL | $418.00 | May 22, 2026 | 31.3K | 1.1K | 22.9% | $5.40 | $5.65 |
| PUT | $417.00 | May 22, 2026 | 10.5K | 436 | 23.0% | $4.50 | $4.75 |
| CALL | $450.00 | Jun 18, 2026 | 1.1K | 73.7K | 24.0% | $2.85 | $2.88 |
| CALL | $425.00 | Jun 18, 2026 | 236 | 39.9K | 23.2% | $9.35 | $9.60 |
Top 9 contracts from the ORATS-sourced nightly scan; ranked by oi within the broader S&P 500/400/600 + ETF universe.
Frequently asked GLD open interest history questions
- What is the current GLD options open interest?
- As of May 15, 2026, SPDR Gold Shares (GLD) has 5.1M total contracts outstanding across all listed expirations, split as 3.3M calls and 1.9M puts. Open interest reflects accumulated positions from prior trading sessions; it does not include today's volume until end-of-day reconciliation.
- What is the GLD put/call open interest ratio?
- Put/call OI ratio of 0.57 is call-heavy, often a directional bullish or upside-speculation signal.
- What does GLD open interest tell traders?
- Persistent OI growth indicates sustained directional or hedging interest; sharp drops typically mean post-expiration position cleanup. Heavy OI concentrations at specific strikes act as support and resistance levels because dealer hedging amplifies near those strikes - the gamma profile of the dealer book is concentrated there. Comparing today's volume to standing OI separates opening flow from closing flow.