BTC · Friday 11 Sep 2026 (UTC) · close
$77,220 +652.2 (+0.85%)
$33.7M liquidated

European-session rally, sellers fade it

A steady start gave way at 12:30 UTC and BTC climbed $3,103 to $79,337. Put writers added the most fresh OI at $74,500 (+244 BTC). Call writers built positions at $77,500–$83,000, led by $83,000 (+519 BTC). Max pain moved from $74,000 to $73,000.

Spot Max pain $76,500 support PCR 15-min · UTC
Open$76,596
High · 14:03$79,666
Low · 12:30$76,234
Avg PCR0.55
Max pain$73,000
Liquidations$33.7M

Key levels for the next session

$83,000 Fresh calls +519 BTC cap
$80,000 Call wall · 20,997 BTC OI resistance
$77,500 Fresh calls +308 BTC cap
$77,220 Close ●
$76,500 Fresh puts +209 BTC · held the low support
$74,500 Fresh puts +244 BTC support
$73,000 Max pain magnet
$70,000 Put wall · 13,718 BTC OI floor

Where writers added today

$83,000
+519 BTC
$77,500
+308 BTC
$81,500
+104 BTC
$74,500
+244 BTC
$76,500
+209 BTC
$77,500
+109 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%$1,699
Session range$3,432
One session moved 2.0× 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 →

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