Daily digest / ETH / 2026-09-27 · this week
ETH · Sunday 27 Sep 2026 (UTC) · close
$2,704.42
-8.0 (-0.30%)
$4.4M liquidated
European-session sell-off, losses pared into the close
ETH slid $48 from $2,735 at 10:15 to $2,687 by 22:45 UTC. Put writers added the most fresh OI at $2,400 (+375 ETH). Call writers built positions at $2,750–$2,900, led by $2,900 (+1,788 ETH). Max pain held at $2,400 all session.
Spot
Max pain
PCR
15-min · UTC
Key levels for the next session
$3,000
Call wall · 47,593 ETH OI
resistance
$2,900
Fresh calls +1,788 ETH
cap
$2,850
Fresh calls +1,475 ETH
cap
$2,704.42
Close
●
$2,550
Fresh puts +348 ETH
support
$2,400
Max pain · Fresh puts +375 ETH · Put wall · 24,518 ETH OI
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 31.2%$46
Session range$50
One session moved 1.1× 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.