Daily digest / ETH / 2026-08-20 · this week
ETH · Thursday 20 Aug 2026 (UTC) · close
$2,326.24 +70.1 (+3.11%)
4th straight up day$19.9M liquidated

Asian-session rally, gains trimmed into the close

A steady start gave way at 03:15 UTC and ETH climbed $120 to $2,347. Put writers added the most fresh OI at $2,200 (+5,751 ETH). Call writers built positions at $2,300–$2,400, led by $2,380 (+6,517 ETH). Max pain held at $2,000 all session.

Spot Max pain PCR 15-min · UTC
Open$2,250
High · 16:43$2,357
Low · 03:12$2,225
Avg PCR0.54
Max pain$2,000
Liquidations$19.9M

Key levels for the next session

$2,500 Call wall · 102,470 ETH OI resistance
$2,400 Fresh calls +5,831 ETH cap
$2,380 Fresh calls +6,517 ETH cap
$2,326.24 Close ●
$2,300 Fresh puts +3,594 ETH support
$2,200 Fresh puts +5,751 ETH · Put wall · 27,752 ETH OI support

Where writers added today

$2,380
+6,517 ETH
$2,300
+6,409 ETH
$2,400
+5,831 ETH
$2,200
+5,751 ETH
$2,300
+3,594 ETH
$2,250
+2,661 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 63.5%$66
Session range$132
One session moved 2.0× the next-day straddle's full priced move.

Last 6 sessions

08-15 $1,881 —
PCR 0.52
MP $1,950 08-16 $1,875 -6
PCR 0.52
MP $1,950 08-17 $1,912 +38
PCR 0.51
MP $1,950 08-18 $1,916 +4
PCR 0.50
MP $1,950 08-19 $2,256 +340
PCR 0.51
MP $2,000 08-20 $2,326 +70
PCR 0.54
MP $2,000

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 →

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.

All ETH sessions · BTC hub · Live terminal →