Daily digest / ETH / 2026-08-23 · this week
ETH · Sunday 23 Aug 2026 (UTC) · close
$2,543.14 +45.3 (+1.81%)
$16.7M liquidated

European-session rally, closes near the highs

ETH climbed $174 from $2,388 at 08:00 to $2,562 by 21:30 UTC. Put writers added the most fresh OI at $2,250 (+568 ETH). Call writers built positions at $2,550–$2,800, led by $2,800 (+4,694 ETH). Max pain held at $2,100 all session.

Spot Max pain PCR 15-min · UTC
Open$2,499
High · 21:34$2,565
Low · 08:00$2,388
Avg PCR0.56
Max pain$2,100
Liquidations$16.7M

Key levels for the next session

$2,800 Fresh calls +4,694 ETH cap
$2,600 Call wall · 49,789 ETH OI resistance
$2,550 Fresh calls +4,037 ETH cap
$2,543.14 Close ●
$2,440 Fresh puts +568 ETH support
$2,300 Put wall · 15,095 ETH OI floor
$2,250 Fresh puts +568 ETH support

Where writers added today

$2,800
+4,694 ETH
$2,550
+4,037 ETH
$2,600
+3,881 ETH
$2,250
+568 ETH
$2,440
+568 ETH
$2,350
+510 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 60.8%$98
Session range$177
One session moved 1.8× the next-day straddle's full priced move.

Last 6 sessions

08-18 $1,916 —
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 08-21 $2,589 +263
PCR 0.54
MP $2,100 08-22 $2,498 -91
PCR 0.56
MP $2,100 08-23 $2,543 +45
PCR 0.56
MP $2,100

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 →