Daily digest / ETH / 2026-09-17 · this week
ETH · Thursday 17 Sep 2026 (UTC) · close
$2,464.12
+30.8 (+1.27%)
2nd straight up day$9.5M liquidated
Buying from the open, bears cap $2,500
ETH climbed $60 from $2,432 at 00:00 to $2,492 by 14:15 UTC. Put writers added the most fresh OI at $2,500 (+3,324 ETH). Call writers built positions at $2,450–$2,520, led by $2,500 (+4,777 ETH). Max pain held at $2,250 all session.
Spot
Max pain
PCR
15-min · UTC
Key levels for the next session
$2,520
Fresh calls +3,447 ETH
cap
$2,500
Call wall · 82,561 ETH OI · Fresh calls +4,777 ETH
resistance
$2,464.12
Close
●
$2,400
Fresh puts +1,104 ETH
support
$2,300
Put wall · 39,908 ETH OI
floor
$2,250
Max pain
magnet
$2,200
Fresh puts +1,623 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 44.7%$56
Session range$68
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.