Daily digest / ETH / 2026-09-03 · this week
ETH · Thursday 3 Sep 2026 (UTC) · close
$2,526.75
+135.3 (+5.66%)
$18.2M liquidated
Asian-session rally, closes near the highs
A steady start gave way at 01:00 UTC and ETH climbed $157 to $2,536. Put writers added the most fresh OI at $2,300 (+7,751 ETH). Call writers built positions at $2,450–$2,700, led by $2,600 (+4,891 ETH). Max pain held at $2,200 all session.
Spot
Max pain
PCR
15-min · UTC
Key levels for the next session
$2,700
Fresh calls +1,771 ETH
cap
$2,600
Call wall · 52,028 ETH OI · Fresh calls +4,891 ETH
resistance
$2,526.75
Close
●
$2,400
Fresh puts +3,142 ETH
support
$2,300
Fresh puts +7,751 ETH · Put wall · 34,960 ETH OI
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 36.2%$42
Session range$176
One session moved 4.1× 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.