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

A steady start gave way at 01:30 UTC and ETH slid $70 to $2,514. Put writers added the most fresh OI at $2,500 (+8,371 ETH), right where the low held. Call writers built positions at $2,550–$2,650, led by $2,650 (+4,907 ETH). Max pain moved from $2,100 to $2,150.

Spot Max pain $2,500 support PCR 15-min · UTC

Open$2,583

High · 08:04$2,593

Low · 13:48$2,507

Avg PCR0.58

Max pain$2,150

Liquidations$12.6M

Key levels for the next session

$2,650 Fresh calls +4,907 ETH cap

$2,600 Call wall · 53,573 ETH OI · Fresh calls +2,442 ETH resistance

$2,531.78 Close ●

$2,500 Fresh puts +8,371 ETH · held the low support

$2,300 Fresh puts +5,492 ETH · Put wall · 26,080 ETH OI support

Where writers added today

$2,650

+4,907 ETH

$2,600

+2,442 ETH

$2,550

+2,439 ETH

$2,500

+8,371 ETH

$2,300

+5,492 ETH

$2,450

+2,403 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 56.1%$96

Session range$86

The session used 89% of the next-day straddle's priced move.

Last 6 sessions

08-22 $2,498 —
PCR 0.56
MP $2,100 08-23 $2,543 +45
PCR 0.56
MP $2,100 08-24 $2,560 +17
PCR 0.55
MP $2,100 08-25 $2,446 -114
PCR 0.55
MP $2,100 08-26 $2,585 +139
PCR 0.56
MP $2,100 08-27 $2,532 -53
PCR 0.58
MP $2,150

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 →

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

Key levels for the next session

Where writers added today

Move vs what options priced

Last 6 sessions

Related reading

Max pain today →

PCR today →

BTC vs index options →