Daily digest / ETH / 2026-10-28 · this week
ETH · Wednesday 28 Oct 2026 (UTC) · close
$2,363.95 +9.0 (+0.38%)
2nd straight up day$3.8M liquidated

US-session rally, gains trimmed into the close

ETH climbed $49 from $2,334 at 16:45 to $2,383 by 20:00 UTC. Put writers added the most fresh OI at $2,280 (+6,889 ETH). Call writers built positions at $2,420–$2,450, led by $2,440 (+7,866 ETH). Max pain held at $2,300 all session.

Spot Max pain PCR 15-min · UTC
Open$2,354
High · 20:01$2,396
Low · 13:49$2,328
Avg PCR0.51
Max pain$2,300
Liquidations$3.8M

Key levels for the next session

$2,500 Call wall · 73,058 ETH OI resistance
$2,440 Fresh calls +7,866 ETH cap
$2,420 Fresh calls +1,593 ETH cap
$2,363.95 Close ●
$2,300 Max pain · Put wall · 47,911 ETH OI magnet
$2,280 Fresh puts +6,889 ETH support
$2,200 Fresh puts +4,791 ETH support

Where writers added today

$2,440
+7,866 ETH
$2,420
+1,593 ETH
$2,450
+1,317 ETH
$2,280
+6,889 ETH
$2,200
+4,791 ETH
$2,260
+2,158 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 47.7%$55
Session range$68
One session moved 1.2× the next-day straddle's full priced move.

Last 6 sessions

10-23 $2,392 —
PCR 0.51
MP $2,300 10-24 $2,363 -29
PCR 0.50
MP $2,300 10-25 $2,333 -30
PCR 0.50
MP $2,300 10-26 $2,328 -6
PCR 0.50
MP $2,300 10-27 $2,355 +27
PCR 0.50
MP $2,300 10-28 $2,364 +9
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 →