Daily digest / BTC / 2026-09-27 · this week
BTC · Sunday 27 Sep 2026 (UTC) · close
$86,607
+116.4 (+0.13%)
2nd straight up day$6.3M liquidated
European-session sell-off, losses pared into the close
BTC slid $874 from $87,188 at 10:15 to $86,314 by 22:45 UTC. Put writers added the most fresh OI at $85,000 (+111 BTC). Call writers built positions at $78,000–$85,500, led by $85,000 (+532 BTC). Max pain held at $78,000 all session.
Spot
Max pain
PCR
15-min · UTC
Key levels for the next session
$90,000
Call wall · 28,182 BTC OI
resistance
$86,607
Close
●
$85,000
Fresh puts +111 BTC
support
$84,500
Fresh puts +28 BTC
support
$78,000
Max pain · Put wall · 5,679 BTC OI
magnet
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 25.7%$2,185
Session range$891
The session used 41% 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.