Daily digest / ETH / 2026-09-09 · this week
ETH · Wednesday 9 Sep 2026 (UTC) · close
$2,485.31
-18.4 (-0.74%)
3rd straight down day$11.2M liquidated
European-session sell-off, losses pared into the close
ETH slid $77 from $2,540 at 08:30 to $2,463 by 22:15 UTC. Put writers added the most fresh OI at $2,350 (+922 ETH). Call writers built positions at $2,580–$2,620, led by $2,600 (+1,802 ETH). Max pain held at $2,200 all session.
Spot
Max pain
$2,460 support
PCR
15-min · UTC
Key levels for the next session
$2,620
Fresh calls +1,296 ETH
cap
$2,600
Fresh calls +1,802 ETH
cap
$2,500
Call wall · 75,880 ETH OI
resistance
$2,485.31
Close
●
$2,460
Fresh puts +577 ETH · held the low
support
$2,350
Fresh puts +922 ETH
support
$2,200
Max pain · Put wall · 38,291 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 41.8%$52
Session range$81
One session moved 1.6× 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.