Daily digest / ETH / 2026-10-23 · this week
ETH · Friday 23 Oct 2026 (UTC) · close
$2,391.95 -2.4 (-0.10%)
2nd straight down day$4.8M liquidated

Asian-session sell-off, buyers step in

ETH slid $47 from $2,420 at 03:00 to $2,373 by 23:00 UTC. Put writers added the most fresh OI at $2,250 (+1,656 ETH). Call writers built positions at $2,420–$2,500, led by $2,500 (+10,555 ETH). Max pain moved from $2,350 to $2,300, following price down.

Spot Max pain PCR 15-min · UTC
Open$2,392
High · 02:59$2,422
Low · 22:56$2,360
Avg PCR0.51
Max pain$2,300
Liquidations$4.8M

Key levels for the next session

$2,500 Call wall · 76,687 ETH OI · Fresh calls +10,555 ETH resistance
$2,460 Fresh calls +5,551 ETH cap
$2,391.95 Close ●
$2,300 Max pain · Put wall · 46,963 ETH OI magnet
$2,250 Fresh puts +1,656 ETH support
$2,150 Fresh puts +1,111 ETH support

Where writers added today

$2,500
+10,555 ETH
$2,460
+5,551 ETH
$2,420
+2,356 ETH
$2,250
+1,656 ETH
$2,150
+1,111 ETH
$2,200
+1,051 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 40.8%$49
Session range$61
One session moved 1.3× the next-day straddle's full priced move.

Last 6 sessions

10-18 $2,420 —
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 10-23 $2,392 -2
PCR 0.51
MP $2,300

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 →