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A massive trade just happened in gold. The options market is buzzing

Monday, August 24, 2026


Someone sold 115,600 call options on the SPDR Gold Shares ETF (GLD) with a 420 strike price expiring September 18, according to options market data. The sale occurred approximately 20 minutes after market open on Monday. The trade size and timing generated discussion among options traders monitoring the market.

Original reporting: https://www.cnbc.com/2026/08/24/a-massive-trade-just-happened-in-gold-the-options-market-is-buzzing.html

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