Daily digest / Bank Nifty / 2026-10-09 · this week
Bank Nifty · Friday 9 Oct 2026 · close
55,496 +827.2 (+1.51%)
Expiry Tue 27 Oct · 12 sessions

Buying from the open, closes near the highs

Bank Nifty opened with a 272-pt gap up at 54,941. Bank Nifty climbed 598 pts from 54,941 at 09:15 to 55,539 by 14:45 IST. Put writers added the most fresh OI at 55,500 (+1.9 L). Call writers built positions at 55,300–55,500, led by 55,500 (+0.8 L). Max pain moved from 55,500 to 55,700, following price up. PCR rose from 0.87 to 0.98.

Spot Max pain 55,000 support PCR 15-min · IST
Open54,941
High · 14:2255,613
Low · 09:1554,941
Avg PCR0.95
Max pain55,700

Key levels into expiry

56,000 Call wall · 11.5 L OI resistance
55,700 Max pain magnet
55,500 Fresh calls +0.8 L cap
55,496 Close ●
55,300 Fresh puts +1.2 L support
55,000 Fresh puts +1.8 L · held the low · Put wall · 12.4 L OI support

Where writers added today

55,500
+0.8 L
55,300
+0.6 L
55,400
+0.4 L
55,500
+1.9 L
55,000
+1.8 L
55,300
+1.2 L
■ calls   ■ puts · OI change from the first snapshot to the close, strikes near spot

Move vs what options priced

Monthly ATM straddle at open1,526
Session range672
The session used 44% of the monthly straddle's priced move.

Last 6 sessions

10-01 54,784 —
PCR 0.88
MP 56,000 10-05 54,933 +149
PCR 0.88
MP 56,000 10-06 55,243 +310
PCR 0.92
MP 56,000 10-07 55,261 +18
PCR 0.93
MP 55,800 10-08 54,669 -592
PCR 0.88
MP 55,500 10-09 55,496 +827
PCR 0.95
MP 55,700

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

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.

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