Daily digest / ETH / 2026-09-14 · this week
ETH · Monday 14 Sep 2026 (UTC) · close
$2,532.62
+37.8 (+1.51%)
$18.9M liquidated
Asian-session rally, sellers fade it
A steady start gave way at 00:30 UTC and ETH climbed $128 to $2,621. Put writers added the most fresh OI at $2,520 (+3,463 ETH). Call writers built positions at $2,560–$2,800, led by $2,600 (+28,862 ETH). Max pain moved from $2,200 to $2,250, following price up.
Spot
Max pain
PCR
15-min · UTC
Key levels for the next session
$2,800
Fresh calls +6,684 ETH
cap
$2,600
Call wall · 88,410 ETH OI · Fresh calls +28,862 ETH
resistance
$2,532.62
Close
●
$2,520
Fresh puts +3,463 ETH
support
$2,400
Fresh puts +3,386 ETH
support
$2,300
Put wall · 38,679 ETH OI
floor
$2,250
Max pain
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 45.4%$58
Session range$143
One session moved 2.5× 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.