Daily digest / Finnifty / 2026-10-08 · this week
Finnifty · Thursday 8 Oct 2026 · close
24,748 -1,429.0 (-5.46%)
Expiry Tue 27 Oct · 13 sessions

Midday sell-off, closes near the lows

Finnifty opened with a 1,192-pt gap down at 24,986. Finnifty slid 1,479 pts from 26,177 at 11:00 to 24,698 by 14:15 IST. Put writers added the most fresh OI at 24,600 (+0.1 L), right where the low held. Call writers built positions at 25,000–25,200, led by 25,100 (+0.3 L). Max pain held at 25,000 all session. PCR fell from 1.25 to 0.82.

Spot Max pain 24,600 support PCR 15-min · IST
Open24,986
High · 09:1526,177
Low · 14:1124,671
Avg PCR1.13
Max pain25,000

Key levels into expiry

25,100 Fresh calls +0.3 L cap
25,000 Call wall · 0.6 L OI · Fresh calls +0.3 L · Max pain resistance
24,748 Close ●
24,600 Fresh puts +0.1 L · held the low · Put wall · 0.4 L OI support
24,450 Fresh puts +0.0 L support

Where writers added today

25,100
+0.3 L
25,000
+0.3 L
25,200
+0.0 L
24,600
+0.1 L
24,450
+0.0 L
24,000
+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 open740
Session range1,507
One session moved 2.0× the monthly straddle's full priced move.

Last 6 sessions

09-30 24,781 —
PCR 0.81
MP 25,000 10-01 24,706 -75
PCR 0.71
MP 24,700 10-05 24,743 +37
PCR 0.86
MP 24,800 10-06 24,980 +237
PCR 0.96
MP 24,900 10-07 26,177 +1,197
PCR 1.18
MP 25,000 10-08 24,748 -1,429
PCR 1.13
MP 25,000

Max pain: strike where option buyers lose most at expiry. Fresh OI: positions opened this session. PCR: put OI ÷ call OI.

Descriptive summaries of recorded option-chain data. Not trading signals or advice. 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.

All Finnifty sessions · Indices hub · Live terminal →