Daily digest / BTC / 2026-09-12 · this week
BTC · Saturday 12 Sep 2026 (UTC) · close
$77,266
+45.9 (+0.06%)
2nd straight up day$0.2M liquidated
US-session sell-off, buyers step in
BTC slid $377 from $77,437 at 15:00 to $77,060 by 19:45 UTC. Put writers added the most fresh OI at $74,500 (+5 BTC). Call writers built positions at $74,500–$82,000, led by $82,000 (+201 BTC). Max pain held at $73,000 all session.
Spot
Max pain
PCR
15-min · UTC
Key levels for the next session
$82,000
Fresh calls +201 BTC
cap
$80,000
Call wall · 20,357 BTC OI
resistance
$77,266
Close
●
$74,500
Fresh puts +5 BTC
support
$73,000
Max pain
magnet
$70,000
Put wall · 13,653 BTC OI
floor
$68,000
Fresh puts +5 BTC
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 15.6%$605
Session range$424
The session used 70% of the next-day straddle's 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.