Daily digest / ETH / 2026-09-12 · this week
ETH · Saturday 12 Sep 2026 (UTC) · close
$2,545.29
+11.0 (+0.43%)
2nd straight up day$2.0M liquidated
Asian-session rally, sellers fade it
A steady start gave way at 01:00 UTC and ETH climbed $37 to $2,564. Put writers added the most fresh OI at $2,240 (+500 ETH). Call writers built positions at $2,700–$2,750, led by $2,700 (+2,282 ETH). Max pain moved from $2,250 to $2,200.
Spot
Max pain
PCR
15-min · UTC
Key levels for the next session
$2,800
Call wall · 57,840 ETH OI
resistance
$2,720
Fresh calls +761 ETH
cap
$2,700
Fresh calls +2,282 ETH
cap
$2,545.29
Close
●
$2,300
Put wall · 38,831 ETH OI
floor
$2,240
Fresh puts +500 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 27.5%$40
Session range$37
The session used 93% of the next-day straddle's 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.