Daily Digest / ETH

ETH · 2026-08-16

Deribit option chain summary for UTC 2026-08-16 — 93 sampled snapshots (~15 min intervals, 24/7).

Avg PCR

0.517

Aggregate OI across all expiries

Max Pain

$1,950

End-of-day aggregate max pain strike

Spot Range

$1,868
–
$1,890

Range $22 (1.16%)

Liquidations

$1.8M

Deribit + OKX + Bybit forced liqs (UTC day)

Signal Bias

LONG

Deribit PCR engine or PCR-derived

Max-Pain PCR

0.25

PCR at the max-pain strike level

Snapshots

15-min sampled chain reads

Reading these numbers

PCR 0.517 — put OI ÷ call OI summed across every Deribit expiry. Crypto tends to run lower PCR than Indian indices.
Max pain $1,950 — aggregate strike minimizing writer payout if all expiries settled there (they don't — daily/weekly/monthly roll separately).
Liquidations — real forced closes from Deribit, OKX and Bybit only; not Binance market-wide.

UTC-day summaries for research — not trading signals. Disclaimer →

Live aggregate max pain lander.

Current put-call ratio snapshot.

How crypto expiry and settlement differ.