Daily digest / Finnifty / 2026-09-03 · this week
Finnifty · Thursday 3 Sep 2026 · close
26,065
+33.6 (+0.13%)
Expiry Tue 29 Sep · 18 sessions
Selling from the open, closes near the lows
Finnifty opened with a 800-pt gap up at 26,830. Finnifty slid 766 pts from 26,830 at 09:15 to 26,065 by 15:40 IST. Put writers added the most fresh OI at 26,200 (+0.2 L). Call writers built positions at 26,000–26,400, led by 26,400 (+0.7 L). Max pain moved from 26,300 to 26,200. PCR fell from 0.63 to 0.55.
Spot
Max pain
26,000 support
PCR
15-min · IST
Key levels into expiry
27,000
Call wall · 1.0 L OI
resistance
26,400
Fresh calls +0.7 L
cap
26,200
Max pain
magnet
26,100
Fresh calls +0.1 L
cap
26,065
Close
●
26,000
Fresh puts +0.2 L · held the low · Put wall · 0.3 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 open962
Session range766
The session used 80% of the monthly straddle's 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.