Daily digest / BTC / 2026-08-31 · this week
BTC · Monday 31 Aug 2026 (UTC) · close
$78,627
+921.1 (+1.19%)
$8.4M liquidated
Asian-session rally, gains trimmed into the close
A steady start gave way at 03:00 UTC and BTC climbed $1,823 to $79,204. Put writers added the most fresh OI at $79,000 (+740 BTC). Call writers built positions at $79,000–$81,000, led by $81,000 (+661 BTC). Max pain held at $72,000 all session.
Spot
Max pain
PCR
15-min · UTC
Key levels for the next session
$81,000
Fresh calls +661 BTC
cap
$80,000
Call wall · 17,731 BTC OI
resistance
$79,000
Fresh calls +536 BTC
cap
$78,627
Close
●
$78,000
Fresh puts +434 BTC
support
$72,000
Max pain
magnet
$70,000
Fresh puts +687 BTC · Put wall · 12,172 BTC OI
support
Where writers added today
■ 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 38.6%$1,447
Session range$1,965
One session moved 1.4× the next-day straddle's full priced move.
Last 6 sessions
Reading these numbers
- Max pain is the strike where option buyers collectively lose the most at expiry. It often drifts with price.
- Fresh OI shows where option writers opened new positions during the session. Heavy put writing below price often marks a level sellers expect to hold; heavy call writing above marks a ceiling.
- PCR is put OI ÷ call OI, summed across every Deribit expiry. Crypto usually runs lower than Indian indices.
- Straddle vs range compares the ATM straddle price at the open (what options priced in) with the distance price actually covered.
Descriptive summaries of recorded option-chain positioning, generated automatically — not trading signals or advice.
Read the 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.