Daily digest / BTC / 2026-09-08 · this week
BTC · Tuesday 8 Sep 2026 (UTC) · close
$78,467
-630.5 (-0.80%)
3rd straight down day$10.4M liquidated
Asian-session sell-off, losses pared into the close
A steady start gave way at 01:30 UTC and BTC slid $2,186 to $77,873. Put writers added the most fresh OI at $74,000 (+301 BTC). Call writers built positions at $79,000–$81,000, led by $81,000 (+5,115 BTC). Max pain moved from $73,000 to $74,000.
Spot
Max pain
PCR
15-min · UTC
Key levels for the next session
$81,000
Fresh calls +5,115 BTC
cap
$80,000
Call wall · 20,477 BTC OI
resistance
$79,000
Fresh calls +657 BTC
cap
$78,467
Close
●
$74,000
Max pain · Fresh puts +301 BTC
magnet
$72,000
Fresh puts +268 BTC
support
$70,000
Put wall · 12,953 BTC OI
floor
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 30.2%$1,397
Session range$2,496
One session moved 1.8× 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.