Daily digest / ETH / 2026-10-01 · this week
ETH · Thursday 1 Oct 2026 (UTC) · close
$2,721.91 +21.4 (+0.79%)
2nd straight up day$7.9M liquidated

Asian-session sell-off, buyers step in

ETH slid $48 from $2,735 at 06:30 to $2,687 by 10:00 UTC. Put writers added the most fresh OI at $2,600 (+10,466 ETH). Call writers built positions at $2,800–$3,000, led by $3,000 (+14,571 ETH). Max pain held at $2,500 all session.

Spot Max pain PCR 15-min · UTC
Open$2,700
High · 06:29$2,736
Low · 10:02$2,683
Avg PCR0.63
Max pain$2,500
Liquidations$7.9M

Key levels for the next session

$3,000 Call wall · 68,212 ETH OI · Fresh calls +14,571 ETH resistance
$2,800 Fresh calls +3,921 ETH cap
$2,721.91 Close ●
$2,650 Fresh puts +2,916 ETH support
$2,600 Fresh puts +10,466 ETH support
$2,500 Max pain · Put wall · 57,070 ETH OI magnet

Where writers added today

$3,000
+14,571 ETH
$2,800
+3,921 ETH
$2,900
+2,180 ETH
$2,600
+10,466 ETH
$2,650
+2,916 ETH
$2,620
+2,870 ETH
■ 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 35.7%$48
Session range$53
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


All ETH sessions · BTC hub · Live terminal →