Finnifty · Thursday 24 Sep 2026 · close
26,830 +1,228.0 (+4.80%)
2nd straight up dayExpiry Tue 29 Sep · 3 sessions

Afternoon sell-off, closes near the lows

Finnifty slid 1,841 pts from 24,990 at 14:00 to 26,830 by 14:30 IST. Put writers added the most fresh OI at 26,000 (+0.0 L). Call writers built positions at 25,550–28,000, led by 28,000 (+0.2 L). Max pain moved from 25,600 to 25,400.

Spot Max pain PCR 15-min · IST
Open25,597
High · 09:1626,830
Low · 14:2424,964
Avg PCR0.57
Max pain25,400

Key levels into expiry

28,000 Fresh calls +0.2 L cap
26,830 Close ●
26,000 Fresh puts +0.0 L support
25,800 Fresh puts +0.0 L support
25,600 Put wall · 0.5 L OI floor

Where writers added today

28,000
+0.2 L
25,550
+0.1 L
26,200
+0.1 L
26,000
+0.0 L
25,800
+0.0 L
26,200
+0.0 L
■ calls   ■ puts · OI change from the first snapshot to the close, strikes near spot

Move vs what options priced

Monthly ATM straddle at open289
Session range1,867
One session moved 6.5× 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 →

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