BTC · Thursday 17 Sep 2026 (UTC) · close
$76,421 +237.6 (+0.31%)
2nd straight up day$8.2M liquidated

European-session sell-off, buyers step in

BTC slid $875 from $76,937 at 12:30 to $76,062 by 13:45 UTC. Put writers added the most fresh OI at $73,000 (+775 BTC). Call writers built positions at $81,000–$84,000, led by $81,000 (+358 BTC). Max pain held at $74,000 all session.

Spot Max pain PCR 15-min · UTC
Open$76,177
High · 12:31$77,080
Low · 13:39$75,973
Avg PCR0.56
Max pain$74,000
Liquidations$8.2M

Key levels for the next session

$82,000 Fresh calls +354 BTC cap
$81,000 Fresh calls +358 BTC cap
$80,000 Call wall · 22,003 BTC OI resistance
$76,421 Close ●
$74,000 Max pain magnet
$73,000 Fresh puts +775 BTC support
$71,000 Fresh puts +476 BTC support
$70,000 Put wall · 14,292 BTC OI floor

Where writers added today

$81,000
+358 BTC
$82,000
+354 BTC
$84,000
+253 BTC
$73,000
+775 BTC
$71,000
+476 BTC
$70,000
+393 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 33.5%$1,235
Session range$1,107
The session used 90% 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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