Daily digest / Finnifty / 2026-08-14 · this week
Finnifty · Friday 14 Aug 2026 · close
27,398
+402.3 (+1.49%)
Expiry Tue 25 Aug · 7 sessions
Afternoon sell-off, closes near the lows
Finnifty slid 1,099 pts from 26,299 at 13:15 to 27,398 by 13:30 IST. Put writers added the most fresh OI at 26,400 (+0.5 L), right where the low held. Call writers built positions at 27,000–27,500, led by 27,300 (+1.4 L). Max pain moved from 25,450 to 26,500, following price up. PCR fell from 2.06 to 0.57.
Spot
Max pain
26,400 support
PCR
15-min · IST
Key levels into expiry
27,500
Fresh calls +0.7 L
cap
27,398
Close
●
26,700
Fresh puts +0.3 L
support
26,500
Max pain
magnet
26,400
Fresh puts +0.5 L · held the low · Put wall · 0.5 L OI
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 open1,669
Session range1,100
The session used 66% of the monthly straddle's priced move.
Last 2 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.