Daily digest / BTC / 2026-09-09 · this week
BTC · Wednesday 9 Sep 2026 (UTC) · close
$78,304
-163.3 (-0.21%)
4th straight down day$16.2M liquidated
Asian-session sell-off, losses pared into the close
BTC slid $2,142 from $80,003 at 07:15 to $77,861 by 22:15 UTC. Put writers added the most fresh OI at $70,000 (+791 BTC). Call writers built positions at $80,000–$82,000, led by $80,000 (+838 BTC). Max pain held at $74,000 all session.
Spot
Max pain
PCR
15-min · UTC
Key levels for the next session
$82,000
Fresh calls +571 BTC
cap
$80,000
Call wall · 21,315 BTC OI · Fresh calls +838 BTC
resistance
$78,304
Close
●
$74,000
Max pain
magnet
$72,000
Fresh puts +742 BTC
support
$70,000
Fresh puts +791 BTC · Put wall · 13,744 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 34.6%$1,310
Session range$2,234
One session moved 1.7× 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.