Daily digest / ETH / 2026-10-22 · this week
ETH · Thursday 22 Oct 2026 (UTC) · close
$2,394.34 -85.8 (-3.46%)
$6.6M liquidated

Asian-session sell-off, closes near the lows

A steady start gave way at 00:15 UTC and ETH slid $105 to $2,381. Put writers added the most fresh OI at $2,300 (+8,379 ETH). Call writers built positions at $2,400–$2,480, led by $2,460 (+2,596 ETH). Max pain held at $2,350 all session.

Spot Max pain PCR 15-min · UTC
Open$2,482
High · 00:08$2,488
Low · 16:53$2,368
Avg PCR0.51
Max pain$2,350
Liquidations$6.6M

Key levels for the next session

$2,500 Call wall · 66,132 ETH OI resistance
$2,460 Fresh calls +2,596 ETH cap
$2,400 Fresh calls +1,875 ETH cap
$2,394.34 Close ●
$2,350 Max pain magnet
$2,300 Fresh puts +8,379 ETH · Put wall · 54,803 ETH OI support
$2,280 Fresh puts +3,029 ETH support

Where writers added today

$2,460
+2,596 ETH
$2,400
+1,875 ETH
$2,480
+1,724 ETH
$2,300
+8,379 ETH
$2,400
+3,802 ETH
$2,280
+3,029 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 37.0%$45
Session range$120
One session moved 2.7× the next-day straddle's full priced move.

Last 6 sessions

10-17 $2,411 —
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 10-21 $2,480 +24
PCR 0.50
MP $2,350 10-22 $2,394 -86
PCR 0.51
MP $2,350

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 →