Daily digest / ETH / 2026-10-02 · this week
ETH · Friday 2 Oct 2026 (UTC) · close
$2,684.95
-37.0 (-1.36%)
$21.1M liquidated
European-session sell-off, closes near the lows
ETH slid $106 from $2,781 at 08:30 to $2,675 by 18:45 UTC. Put writers added the most fresh OI at $2,700 (+4,862 ETH). Call writers built positions at $2,780–$2,950, led by $2,780 (+4,524 ETH). Max pain held at $2,500 all session. PCR fell from 0.63 to 0.60.
Spot
Max pain
PCR
15-min · UTC
Key levels for the next session
$3,000
Call wall · 63,945 ETH OI
resistance
$2,950
Fresh calls +2,510 ETH
cap
$2,780
Fresh calls +4,524 ETH
cap
$2,684.95
Close
●
$2,500
Max pain · Put wall · 52,110 ETH OI
magnet
$2,480
Fresh puts +2,733 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 40.5%$55
Session range$117
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.