Daily digest / Finnifty / 2026-10-01 · this week
Finnifty · Thursday 1 Oct 2026 · close
24,706
-75.0 (-0.30%)
Expiry Tue 27 Oct · 18 sessions
Early sell-off, bulls defend 24,400
A steady start gave way at 10:15 IST and Finnifty slid 371 pts to 24,506. Put writers added the most fresh OI at 24,400 (+0.2 L), right where the low held. Call writers built positions at 25,000–25,200, led by 25,200 (+0.3 L). Max pain moved from 24,950 to 24,700, following price down. PCR fell from 0.73 to 0.70.
Spot
Max pain
24,500 support
PCR
15-min · IST
Key levels into expiry
25,200
Call wall · 0.4 L OI · Fresh calls +0.3 L
resistance
25,100
Fresh calls +0.1 L
cap
24,706
Close
●
24,700
Max pain
magnet
24,500
Fresh puts +0.2 L · held the low
support
24,400
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 open796
Session range413
The session used 52% 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.