US-session sell-off, losses pared into the close

ETH slid $17 from $1,889 at 16:45 to $1,871 by 22:45 UTC. Put writers added the most fresh OI at $1,700 (+925 ETH). Call writers built positions at $1,860–$1,950, led by $1,900 (+778 ETH). Max pain held at $1,950 all session.

Spot Max pain PCR 15-min · UTC

Open$1,881

High · 16:38$1,890

Low · 22:40$1,868

Avg PCR0.52

Max pain$1,950

Liquidations$1.8M

Key levels for the next session

$2,000 Call wall · 66,754 ETH OI resistance

$1,950 Fresh calls +547 ETH · Max pain cap

$1,900 Fresh calls +778 ETH cap

$1,874.56 Close ●

$1,780 Fresh puts +468 ETH support

$1,700 Fresh puts +925 ETH · Put wall · 50,564 ETH OI support

Where writers added today

$1,900

+778 ETH

$1,950

+547 ETH

$1,860

+51 ETH

$1,700

+925 ETH

$1,780

+468 ETH

$1,850

+252 ETH

■ 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 26.1%$24

Session range$22

The session used 92% of the next-day straddle's priced move.

Last 5 sessions

08-12 $1,879 —
PCR 0.53
MP $1,950 08-13 $1,885 +6
PCR 0.53
MP $1,950 08-14 $1,881 -5
PCR 0.53
MP $1,950 08-15 $1,881 +0
PCR 0.52
MP $1,950 08-16 $1,875 -6
PCR 0.52
MP $1,950

Max pain: strike where option buyers lose most at expiry. Fresh OI: positions opened this session. PCR: put OI ÷ call OI.

Descriptive summaries of recorded option-chain data. Not trading signals or advice. Disclaimer →

US-session sell-off, losses pared into the close

Key levels for the next session

Where writers added today

Move vs what options priced

Last 5 sessions

Related reading

Max pain today →

PCR today →

BTC vs index options →