Daily digest / BTC / 2026-08-28 · this week
BTC · Friday 28 Aug 2026 (UTC) · close
$77,842 -2,455.5 (-3.06%)
$31.4M liquidated

Asian-session sell-off, closes near the lows

A steady start gave way at 01:30 UTC and BTC slid $3,841 to $77,402. Put writers added the most fresh OI at $75,000 (+1,500 BTC). Call writers built positions at $78,500–$87,000, led by $85,000 (+235 BTC). Max pain moved from $70,000 to $72,000. PCR fell from 0.60 to 0.56.

Spot Max pain PCR 15-min · UTC
Open$80,308
High · 01:33$81,407
Low · 16:24$77,156
Avg PCR0.56
Max pain$72,000
Liquidations$31.4M

Key levels for the next session

$85,000 Fresh calls +235 BTC cap
$80,000 Call wall · 17,281 BTC OI resistance
$78,500 Fresh calls +204 BTC cap
$77,842 Close ●
$75,000 Fresh puts +1,500 BTC support
$73,000 Fresh puts +304 BTC support
$72,000 Max pain magnet
$70,000 Put wall · 11,522 BTC OI floor

Where writers added today

$85,000
+235 BTC
$78,500
+204 BTC
$87,000
+110 BTC
$75,000
+1,500 BTC
$78,000
+582 BTC
$73,000
+304 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 46.0%$1,793
Session range$4,251
One session moved 2.4× the next-day straddle's full priced move.

Last 6 sessions

08-23 $77,706 —
PCR 0.59
MP $69,500 08-24 $78,988 +1,282
PCR 0.60
MP $70,000 08-25 $79,714 +726
PCR 0.60
MP $70,000 08-26 $78,981 -733
PCR 0.59
MP $70,000 08-27 $80,298 +1,316
PCR 0.59
MP $70,000 08-28 $77,842 -2,456
PCR 0.56
MP $72,000

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 →

Related reading

Max pain today →

Live aggregate max pain lander.

PCR today →

Current put-call ratio snapshot.

BTC vs index options →

How crypto expiry and settlement differ.

All BTC sessions · BTC hub · Live terminal →