Daily digest / ETH / 2026-09-28 · this week
ETH · Monday 28 Sep 2026 (UTC) · close
$2,704.58
+0.2 (+0.01%)
$16.6M liquidated
European-session rally, gains trimmed into the close
ETH climbed $90 from $2,643 at 08:00 to $2,733 by 17:16 UTC. Put writers added the most fresh OI at $2,640 (+7,117 ETH), right where the low held. Call writers built positions at $2,700–$3,000, led by $3,000 (+13,799 ETH). Max pain held at $2,400 all session.
Spot
Max pain
$2,640 support
PCR
15-min · UTC
Key levels for the next session
$3,000
Call wall · 61,392 ETH OI · Fresh calls +13,799 ETH
resistance
$2,850
Fresh calls +3,499 ETH
cap
$2,704.58
Close
●
$2,640
Fresh puts +7,117 ETH · held the low
support
$2,620
Fresh puts +4,555 ETH
support
$2,400
Max pain · Put wall · 27,364 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 38.1%$51
Session range$90
One session moved 1.8× 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.