GDX Options Statistics & Positioning

GDX options trade at a 30-day at-the-money implied volatility of 51.3%, an IV rank of 33 out of 100 over the past year. The options market prices a ±$15.69 (±15.2%) move in GDX for the front expiration. Max pain sits at $90 and the put/call open interest ratio is 1.34. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$103.39

52-week range

$60.26 – $115.63

ATM IV (30d)

51.3%

IV rank

33 / 100

Low

Expected move

±$15.69 (±15.2%)

Put/call OI

1.34

Put-heavy

Max pain

$90

↓ 13.0% below close

Most Active GDX Contracts

Contract	Expiration	DTE	Last	IV	Volume
GDX $135 call	Sep 18, 2026	25d	$0.32	57.6%	6,875
GDX $105 call	Aug 28, 2026	4d	$1.94	59.5%	6,104
GDX $90 put	Sep 18, 2026	25d	$0.96	51.2%	5,244
GDX $115 call	Sep 18, 2026	25d	$2.08	53.6%	4,898
GDX $95 put	Aug 28, 2026	4d	$0.27	60.9%	4,776

See all active GDX contracts →

Explore GDX Options Statistics

GDX Implied Volatility

51.3% ATM IV (30d)

An IV rank of 33 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

GDX Open Interest

1.34 put/call OI ratio

940,847 calls and 1,260,982 puts outstanding across all expirations.

Full open interest analysis →

GDX Max Pain

$90 max pain

13.0% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

GDX Gamma Exposure

$7.66B net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

GDX Options Volume

144,325 contracts traded

Put/call volume ratio 0.82 — plus contracts running far above their usual volume.

Full volume & flow analysis →

GDX Most Active Options

$90 top volume strike

The 25 most actively traded GDX contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Explore the payoff profile of option on GDX for free

Build multi-leg GDX strategies, visualize payoffs, and scan the full US options universe with OptiView.

Open GDX in the platform Scan options

GDX Options FAQ

How often is GDX options data on this page updated?

All GDX statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see GDX max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated GDX pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.