Daily digest / ETH / 2026-09-02 · this week
ETH · Wednesday 2 Sep 2026 (UTC) · close
$2,391.43
-27.0 (-1.12%)
2nd straight down day$9.6M liquidated
Asian-session sell-off, buyers step in
A steady start gave way at 07:15 UTC and ETH slid $61 to $2,364. Put writers added the most fresh OI at $2,200 (+6,622 ETH). Call writers built positions at $2,420–$2,500, led by $2,420 (+1,873 ETH). Max pain held at $2,200 all session.
Spot
Max pain
PCR
15-min · UTC
Key levels for the next session
$2,500
Call wall · 79,852 ETH OI · Fresh calls +1,477 ETH
resistance
$2,420
Fresh calls +1,873 ETH
cap
$2,391.43
Close
●
$2,200
Max pain · Fresh puts +6,622 ETH · Put wall · 47,200 ETH OI
magnet
$2,150
Fresh puts +1,759 ETH
support
Where writers added today
■ 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 40.2%$47
Session range$70
One session moved 1.5× 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 →
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.