Daily digest / ETH / 2026-09-24 · this week
ETH · Thursday 24 Sep 2026 (UTC) · close
$2,704.89
-0.6 (-0.02%)
3rd straight down day$12.2M liquidated
European-session rally, gains trimmed into the close
ETH climbed $57 from $2,657 at 10:30 to $2,715 by 19:45 UTC. Put writers added the most fresh OI at $2,600 (+6,582 ETH). Call writers built positions at $2,720–$2,800, led by $2,750 (+2,917 ETH). Max pain moved from $2,300 to $2,350.
Spot
Max pain
PCR
15-min · UTC
Key levels for the next session
$3,000
Call wall · 82,986 ETH OI
resistance
$2,800
Fresh calls +2,465 ETH
cap
$2,750
Fresh calls +2,917 ETH
cap
$2,704.89
Close
●
$2,600
Fresh puts +6,582 ETH · Put wall · 36,681 ETH OI
support
$2,500
Fresh puts +5,084 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 40.8%$54
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.