ETH · Tuesday 15 Sep 2026 (UTC) · close
$2,414.68 -117.9 (-4.66%)
$30.0M liquidated

Asian-session sell-off, closes near the lows

A steady start gave way at 02:15 UTC and ETH slid $132 to $2,404. Put writers added the most fresh OI at $2,250 (+5,944 ETH). Call writers built positions at $2,460–$2,600, led by $2,600 (+18,831 ETH). Max pain moved from $2,250 to $2,300.

Spot Max pain $2,380 support PCR 15-min · UTC
Open$2,533
High · 02:12$2,538
Low · 18:50$2,377
Avg PCR0.50
Max pain$2,300
Liquidations$30.0M

Key levels for the next session

$2,600 Call wall · 107,241 ETH OI · Fresh calls +18,831 ETH resistance
$2,460 Fresh calls +8,182 ETH cap
$2,414.68 Close ●
$2,380 Fresh puts +3,902 ETH · held the low support
$2,300 Max pain · Put wall · 41,903 ETH OI magnet
$2,250 Fresh puts +5,944 ETH support

Where writers added today

$2,600
+18,831 ETH
$2,460
+8,182 ETH
$2,520
+4,218 ETH
$2,250
+5,944 ETH
$2,380
+3,902 ETH
$2,350
+3,816 ETH
■ 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 55.8%$71
Session range$161
One session moved 2.3× 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 →

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