Daily digest / ETH / 2026-09-20 · this week
ETH · Sunday 20 Sep 2026 (UTC) · close
$2,665.18
+12.1 (+0.46%)
5th straight up day$15.3M liquidated
European-session rally, closes near the highs
ETH climbed $89 from $2,576 at 08:00 to $2,665 by 23:59 UTC. Put writers added the most fresh OI at $2,380 (+1,487 ETH). Call writers built positions at $2,620–$2,800, led by $2,620 (+1,219 ETH). Max pain held at $2,250 all session.
Spot
Max pain
PCR
15-min · UTC
Key levels for the next session
$2,800
Call wall · 50,993 ETH OI · Fresh calls +908 ETH
resistance
$2,665.18
Close
●
$2,520
Fresh puts +613 ETH
support
$2,400
Put wall · 26,205 ETH OI
floor
$2,380
Fresh puts +1,487 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 30.6%$42
Session range$91
One session moved 2.1× 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.