Daily digest / ETH / 2026-09-07 · this week
ETH · Monday 7 Sep 2026 (UTC) · close
$2,508.39
-25.4 (-1.00%)
$6.6M liquidated
Asian-session sell-off, losses pared into the close
A steady start gave way at 02:45 UTC and ETH slid $59 to $2,488. Put writers added the most fresh OI at $2,500 (+1,031 ETH). Call writers built positions at $2,480–$2,650, led by $2,650 (+1,344 ETH). Max pain held at $2,200 all session.
Spot
Max pain
PCR
15-min · UTC
Key levels for the next session
$2,800
Call wall · 61,234 ETH OI
resistance
$2,650
Fresh calls +1,344 ETH
cap
$2,508.39
Close
●
$2,500
Fresh puts +1,031 ETH
support
$2,420
Fresh puts +617 ETH
support
$2,300
Put wall · 30,205 ETH OI
floor
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 42.9%$57
Session range$67
One session moved 1.2× 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.