A massive trade just happened in gold. The options market is buzzing
Reported by CNBC · cnbc.com · August 24, 2026
Twenty minutes after the market opened Monday, someone sold almost 116,000 420-strike calls in the SPDR Gold Shares ETF (GLD) expiring Sept. 18.
What the tape says
What to watch: SPDR Gold Shares (GLD) faces a labor dispute — duration matters more than the headline; short strikes rarely move fundamentals.
Market reaction today: $GLD +0.79%
Tone and severity are deterministic keyword classification — not a prediction, a member vote, or a recommendation. Figures are extracted from the headline as published. Wook does not republish CNBC's reporting.
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