Asian-session sell-off, closes near the lows

A steady start gave way at 03:30 UTC and BTC slid $1,947 to $76,798. Put writers added the most fresh OI at $75,000 (+182 BTC). Call writers built positions at $77,000–$84,000, led by $84,000 (+197 BTC). Max pain held at $69,000 all session.

Spot Max pain PCR 15-min · UTC

Open$78,320

High · 04:41$78,809

Low · 10:23$76,638

Avg PCR0.59

Max pain$69,000

Liquidations$19.8M

Key levels for the next session

$84,000 Fresh calls +197 BTC cap

$81,000 Fresh calls +189 BTC cap

$80,000 Call wall · 18,644 BTC OI resistance

$77,083 Close ●

$76,000 Fresh puts +152 BTC support

$75,000 Fresh puts +182 BTC · Put wall · 6,127 BTC OI support

$69,000 Max pain magnet

Where writers added today

$84,000

+197 BTC

$81,000

+189 BTC

$77,000

+88 BTC

$75,000

+182 BTC

$76,000

+152 BTC

$76,500

+116 BTC

■ calls ■ puts · OI change from the first snapshot to the close, strikes near spot

Move vs what options priced

Next-day ATM straddle at open · IV 41.4%$1,570

Session range$2,171

One session moved 1.4× the next-day straddle's full priced move.

Last 6 sessions

08-17 $65,550 —
PCR 0.56
MP $65,000 08-18 $65,721 +171
PCR 0.56
MP $65,000 08-19 $70,250 +4,529
PCR 0.56
MP $66,000 08-20 $73,002 +2,752
PCR 0.56
MP $67,000 08-21 $78,355 +5,353
PCR 0.57
MP $69,000 08-22 $77,083 -1,272
PCR 0.59
MP $69,000

Max pain: strike where option buyers lose most at expiry. Fresh OI: positions opened this session. PCR: put OI ÷ call OI.

Descriptive summaries of recorded option-chain data. Not trading signals or advice. Disclaimer →

Asian-session sell-off, closes near the lows

Key levels for the next session

Where writers added today

Move vs what options priced

Last 6 sessions

Related reading

Max pain today →

PCR today →

BTC vs index options →