Daily digest / Finnifty / 2026-08-26 · this week
Finnifty · Wednesday 26 Aug 2026 · close
27,484
+1,237.2 (+4.71%)
2nd straight up dayExpiry Tue 29 Sep · 24 sessions
Early rally, closes near the highs
A steady start gave way at 09:45 IST and Finnifty climbed 1,583 pts to 27,497. Put writers added the most fresh OI at 26,400 (+0.2 L). Call writers built positions at 26,400–27,000, led by 27,000 (+0.3 L). Max pain moved from 26,100 to 26,400, following price up. PCR rose from 0.28 to 0.50.
Spot
Max pain
PCR
15-min · IST
Key levels into expiry
28,500
Call wall · 0.1 L OI
resistance
27,484
Close
●
26,500
Fresh puts +0.2 L
support
26,400
Max pain · Fresh puts +0.2 L · Put wall · 0.2 L OI
magnet
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 open870
Session range1,608
One session moved 1.8× 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.