Daily digest / ETH / 2026-10-20 · this week
ETH · Tuesday 20 Oct 2026 (UTC) · close
$2,455.70 +40.0 (+1.66%)
$9.9M liquidated

European-session rally, gains trimmed into the close

ETH climbed $91 from $2,386 at 09:15 to $2,476 by 15:00 UTC. Put writers added the most fresh OI at $2,300 (+2,903 ETH). Call writers built positions at $2,460–$2,550, led by $2,500 (+3,177 ETH). Max pain moved from $2,300 to $2,320, following price up.

Spot Max pain PCR 15-min · UTC
Open$2,416
High · 14:57$2,484
Low · 01:14$2,383
Avg PCR0.50
Max pain$2,320
Liquidations$9.9M

Key levels for the next session

$2,500 Call wall · 66,550 ETH OI · Fresh calls +3,177 ETH resistance
$2,460 Fresh calls +3,093 ETH cap
$2,455.70 Close ●
$2,340 Fresh puts +1,879 ETH support
$2,320 Max pain magnet
$2,300 Fresh puts +2,903 ETH · Put wall · 46,653 ETH OI support

Where writers added today

$2,500
+3,177 ETH
$2,460
+3,093 ETH
$2,550
+1,264 ETH
$2,300
+2,903 ETH
$2,340
+1,879 ETH
$2,250
+1,354 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 40.0%$48
Session range$101
One session moved 2.1× the next-day straddle's full priced move.

Last 6 sessions

10-15 $2,452 —
PCR 0.53
MP $2,400 10-16 $2,432 -20
PCR 0.52
MP $2,360 10-17 $2,411 -21
PCR 0.51
MP $2,350 10-18 $2,420 +10
PCR 0.51
MP $2,340 10-19 $2,416 -5
PCR 0.51
MP $2,300 10-20 $2,456 +40
PCR 0.50
MP $2,320

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 →