Daily digest / Bank Nifty / 2026-08-10 · this week
Bank Nifty · Monday 10 Aug 2026 · close
57,871
-144.2 (-0.25%)
2nd straight down dayExpiry Tue 25 Aug · 11 sessions
Quiet session pinned near max pain 58,000
Bank Nifty traded a narrow 171 pts range and closed at 57,871. Put writers added the most fresh OI at 55,100 (+0.5 L). Call writers built positions at 58,500–60,000, led by 58,500 (+0.9 L). Max pain held at 58,000 all session.
Spot
Max pain
PCR
15-min · IST
Key levels into expiry
59,000
Fresh calls +0.5 L
cap
58,500
Fresh calls +0.9 L
cap
58,000
Call wall · 24.0 L OI · Max pain
resistance
57,871
Close
●
57,000
Put wall · 9.6 L OI
floor
55,200
Fresh puts +0.4 L
support
55,100
Fresh puts +0.5 L
support
Where writers added today
■ calls ■ puts · OI change from the first snapshot to the close, strikes near spot
Move vs what options priced
Monthly ATM straddle at open1,259
Session range171
The session used 14% of the monthly straddle's priced move.
Last 6 sessions
Reading these numbers
- Max pain is the strike where option buyers collectively lose the most at expiry. It often drifts with price, and the pull tends to strengthen into expiry.
- Fresh OI shows where option writers opened new positions during the session. Heavy put writing below price often marks a level sellers expect to hold; heavy call writing above marks a ceiling.
- PCR is put OI ÷ call OI for the monthly expiry.
- Straddle vs range compares the ATM straddle price at the open (what options priced in) with the distance price actually covered.
Descriptive summaries of recorded option-chain positioning, generated automatically — not trading signals or advice.
Read the disclaimer →
Related reading
PCR explained →
How put-call ratio is calculated and when it misleads.
Max pain theory →
Why max pain matters near expiry.
OI buildup →
Reading the four OI patterns.