BTC · Wednesday 16 Sep 2026 (UTC) · close
$76,184 +534.8 (+0.71%)
$12.6M liquidated

European-session rally, closes near the highs

A steady start gave way at 08:30 UTC and BTC climbed $782 to $76,209. Put writers added the most fresh OI at $74,000 (+1,567 BTC). Call writers built positions at $78,000–$82,000, led by $82,000 (+1,329 BTC). Max pain held at $74,000 all session.

Spot Max pain PCR 15-min · UTC
Open$75,632
High · 20:06$76,382
Low · 18:36$75,146
Avg PCR0.55
Max pain$74,000
Liquidations$12.6M

Key levels for the next session

$82,000 Fresh calls +1,329 BTC cap
$80,000 Call wall · 23,150 BTC OI · Fresh calls +730 BTC resistance
$76,184 Close ●
$74,000 Max pain · Fresh puts +1,567 BTC magnet
$70,000 Fresh puts +429 BTC · Put wall · 13,899 BTC OI support

Where writers added today

$82,000
+1,329 BTC
$80,000
+730 BTC
$78,000
+363 BTC
$74,000
+1,567 BTC
$70,000
+429 BTC
$69,000
+287 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 45.0%$1,644
Session range$1,236
The session used 75% 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 →

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