Daily digest / Finnifty / 2026-09-29 · this week
Finnifty · Tuesday 29 Sep 2026 · close
24,648
-42.8 (-0.17%)
3rd straight down dayExpiry day
Early rally, sellers fade it
A steady start gave way at 10:15 IST and Finnifty climbed 2,435 pts to 26,830. Put writers added the most fresh OI at 24,350 (+2.4 L), right where the low held. Call writers built positions at 24,600–24,700, led by 24,600 (+1.3 L). Max pain moved from 25,000 to 24,700, following price down. PCR rose from 0.72 to 1.09.
Spot
Max pain
24,350 support
PCR
15-min · IST
Key levels into expiry
24,700
Call wall · 1.9 L OI · Fresh calls +1.2 L · Max pain
resistance
24,650
Fresh calls +1.3 L
cap
24,648
Close
●
24,600
Fresh puts +2.1 L · Put wall · 2.5 L OI
support
24,350
Fresh puts +2.4 L · held the low
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 open213
Session range2,447
One session moved 11.5× 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 →
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.