Daily digest / ETH / 2026-10-12 · this week
ETH · Monday 12 Oct 2026 (UTC) · close
$2,455.44 -90.4 (-3.55%)
$17.5M liquidated

Asian-session sell-off, closes near the lows

ETH slid $129 from $2,584 at 07:15 to $2,455 by 23:59 UTC. Put writers added the most fresh OI at $2,340 (+5,265 ETH). Call writers built positions at $2,600–$2,680, led by $2,600 (+8,390 ETH). Max pain held at $2,400 all session. PCR fell from 0.55 to 0.52.

Spot Max pain PCR 15-min · UTC
Open$2,545
High · 07:14$2,587
Low · 23:56$2,454
Avg PCR0.54
Max pain$2,400
Liquidations$17.5M

Key levels for the next session

$2,650 Fresh calls +2,527 ETH cap
$2,600 Fresh calls +8,390 ETH cap
$2,500 Call wall · 54,202 ETH OI resistance
$2,455.44 Close ●
$2,400 Max pain magnet
$2,340 Fresh puts +5,265 ETH support
$2,300 Fresh puts +4,109 ETH · Put wall · 50,084 ETH OI support

Where writers added today

$2,600
+8,390 ETH
$2,650
+2,527 ETH
$2,680
+2,162 ETH
$2,340
+5,265 ETH
$2,300
+4,109 ETH
$2,400
+2,628 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%$44
Session range$133
One session moved 3.0× the next-day straddle's full priced move.

Last 6 sessions

10-07 $2,587 —
PCR 0.58
MP $2,500 10-08 $2,484 -102
PCR 0.59
MP $2,500 10-09 $2,498 +14
PCR 0.58
MP $2,400 10-10 $2,515 +17
PCR 0.57
MP $2,400 10-11 $2,546 +31
PCR 0.56
MP $2,400 10-12 $2,455 -90
PCR 0.54
MP $2,400

Max pain: strike where option buyers lose most at expiry. Fresh OI: positions opened this session. PCR: put OI ÷ call OI.

Descriptive summaries of recorded option-chain data. Not trading signals or advice. 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.

All ETH sessions · BTC hub · Live terminal →