Asian-session sell-off, buyers step in
A steady start gave way at 02:00 UTC and ETH slid $23 to $1,865. Put writers added the most fresh OI at $1,780 (+2,200 ETH). Call writers built positions at $1,980–$2,040, led by $1,980 (+775 ETH). Max pain held at $1,950 all session.
Key levels for the next session
Where writers added today
Move vs what options priced
Last 3 sessions
Max pain: strike where option buyers lose most at expiry. Fresh OI: positions opened this session. PCR: put OI ÷ call OI.
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.