Daily digest / ETH / 2026-09-05 · this week
ETH · Saturday 5 Sep 2026 (UTC) · close
$2,497.58
+24.7 (+1.00%)
$1.0M liquidated
European-session rally, gains trimmed into the close
ETH climbed $52 from $2,457 at 08:00 to $2,509 by 21:45 UTC. Put writers added the most fresh OI at $2,470 (+472 ETH). Call writers built positions at $2,450–$2,500, led by $2,500 (+727 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 · 77,872 ETH OI · Fresh calls +727 ETH
resistance
$2,497.58
Close
●
$2,470
Fresh puts +472 ETH
support
$2,350
Fresh puts +333 ETH
support
$2,200
Max pain · Put wall · 39,111 ETH OI
magnet
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 23.0%$34
Session range$52
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.