Daily digest / ETH / 2026-10-16 · this week
ETH · Friday 16 Oct 2026 (UTC) · close
$2,431.78 -20.1 (-0.82%)
$12.1M liquidated

European-session sell-off, losses pared into the close

ETH slid $86 from $2,498 at 11:30 to $2,412 by 17:30 UTC. Put writers added the most fresh OI at $2,350 (+3,139 ETH). Call writers built positions at $2,480–$2,600, led by $2,600 (+7,965 ETH). Max pain moved from $2,400 to $2,360, following price down.

Spot Max pain PCR 15-min · UTC
Open$2,451
High · 11:29$2,502
Low · 17:19$2,403
Avg PCR0.52
Max pain$2,360
Liquidations$12.1M

Key levels for the next session

$2,600 Fresh calls +7,965 ETH cap
$2,500 Call wall · 61,886 ETH OI resistance
$2,480 Fresh calls +5,245 ETH cap
$2,431.78 Close ●
$2,360 Max pain · Fresh puts +1,957 ETH magnet
$2,350 Fresh puts +3,139 ETH support
$2,300 Put wall · 49,286 ETH OI floor

Where writers added today

$2,600
+7,965 ETH
$2,480
+5,245 ETH
$2,500
+5,021 ETH
$2,350
+3,139 ETH
$2,460
+2,702 ETH
$2,360
+1,957 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 39.3%$49
Session range$98
One session moved 2.0× the next-day straddle's full priced move.

Last 6 sessions

10-11 $2,546 —
PCR 0.56
MP $2,400 10-12 $2,455 -90
PCR 0.54
MP $2,400 10-13 $2,507 +52
PCR 0.52
MP $2,400 10-14 $2,430 -78
PCR 0.52
MP $2,400 10-15 $2,452 +22
PCR 0.53
MP $2,400 10-16 $2,432 -20
PCR 0.52
MP $2,360

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 →