Daily digest / Finnifty / 2026-08-24 · this week
Finnifty · Monday 24 Aug 2026 · close
26,115
-163.6 (-0.62%)
Expiry Tue 25 Aug · 1 session
Early sell-off, closes near the lows
Finnifty slid 250 pts from 26,366 at 09:30 to 26,115 by 15:39 IST. Put writers added the most fresh OI at 25,900 (+1.4 L). Call writers built positions at 26,350–26,550, led by 26,550 (+0.8 L). Max pain moved from 26,300 to 26,250, following price down.
Spot
Max pain
PCR
15-min · IST
Key levels into expiry
26,550
Fresh calls +0.8 L
cap
26,400
Call wall · 2.0 L OI
resistance
26,350
Fresh calls +0.7 L
cap
26,250
Max pain
magnet
26,115
Close
●
25,900
Fresh puts +1.4 L · Put wall · 2.0 L OI
support
25,400
Fresh puts +0.6 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 open239
Session range272
One session moved 1.1× the monthly straddle's full 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.