ETH · Tuesday 1 Sep 2026 (UTC) · close
$2,418.47 -49.1 (-1.99%)
$13.0M liquidated

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

A steady start gave way at 06:00 UTC and ETH slid $94 to $2,389. Put writers added the most fresh OI at $2,420 (+5,879 ETH). Call writers built positions at $2,440–$2,700, led by $2,440 (+5,699 ETH). Max pain held at $2,200 all session.

Spot Max pain PCR 15-min · UTC
Open$2,466
High · 05:56$2,485
Low · 18:46$2,387
Avg PCR0.55
Max pain$2,200
Liquidations$13.0M

Key levels for the next session

$2,700 Fresh calls +1,287 ETH cap
$2,500 Call wall · 78,375 ETH OI resistance
$2,440 Fresh calls +5,699 ETH cap
$2,418.47 Close ●
$2,400 Fresh puts +4,700 ETH support
$2,200 Max pain · Fresh puts +5,251 ETH · Put wall · 40,578 ETH OI magnet

Where writers added today

$2,440
+5,699 ETH
$2,700
+1,287 ETH
$2,600
+1,220 ETH
$2,420
+5,879 ETH
$2,200
+5,251 ETH
$2,400
+4,700 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 42.6%$51
Session range$97
One session moved 1.9× the next-day straddle's full priced move.

Last 6 sessions

Reading these numbers

  • Max pain is the strike where option buyers collectively lose the most at expiry. It often drifts with price.
  • Fresh OI shows where option writers opened new positions during the session. Heavy put writing below price often marks a level sellers expect to hold; heavy call writing above marks a ceiling.
  • PCR is put OI ÷ call OI, summed across every Deribit expiry. Crypto usually runs lower than Indian indices.
  • Straddle vs range compares the ATM straddle price at the open (what options priced in) with the distance price actually covered.
Descriptive summaries of recorded option-chain positioning, generated automatically — not trading signals or advice. Read the disclaimer →

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