Daily digest / Finnifty / 2026-07-29 · this week
Finnifty · Wednesday 29 Jul 2026 · close
26,996
+2,145.9 (+8.64%)
Expiry Tue 25 Aug · 19 sessions
Buying from the open, closes near the highs
Finnifty climbed 2,153 pts from 24,850 at 09:15 to 27,003 by 10:15 IST. Put writers added the most fresh OI at 26,200 (+0.2 L). Call writers built positions at 26,200–26,500, led by 26,200 (+0.2 L). Max pain moved from 25,950 to 25,450. PCR fell from 2.41 to 2.06.
Spot
Max pain
PCR
15-min · IST
Key levels into expiry
26,996
Close
●
26,650
Put wall · 2.1 L OI
floor
26,500
Fresh puts +0.1 L
support
26,200
Fresh puts +0.2 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 open0
Session range2,153
One session moved 35877.3× the monthly straddle's full priced move.
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.