Daily digest / Finnifty / 2026-10-16 · this week
Finnifty · Friday 16 Oct 2026 · close
25,386 -20.7 (-0.08%)
Expiry Tue 27 Oct · 7 sessions

Early rally, gains trimmed into the close

Finnifty climbed 188 pts from 25,244 at 09:30 to 25,432 by 10:30 IST. Put writers added the most fresh OI at 24,700 (+0.1 L). Call writers built positions at 25,600–26,000, led by 26,000 (+0.1 L). Max pain held at 25,100 all session. PCR fell from 1.00 to 0.90.

Spot Max pain PCR 15-min · IST
Open25,387
High · 10:3225,451
Low · 09:3625,195
Avg PCR0.90
Max pain25,100

Key levels into expiry

26,000 Call wall · 0.5 L OI · Fresh calls +0.1 L resistance
25,900 Fresh calls +0.1 L cap
25,386 Close ●
25,300 Fresh puts +0.0 L support
25,100 Max pain magnet
25,000 Put wall · 0.4 L OI floor
24,700 Fresh puts +0.1 L support

Where writers added today

26,000
+0.1 L
25,900
+0.1 L
25,600
+0.1 L
24,700
+0.1 L
25,300
+0.0 L
25,400
+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 open534
Session range256
The session used 48% of the monthly straddle's priced move.

Last 6 sessions

10-08 24,748 —
PCR 1.13
MP 25,000 10-09 25,072 +324
PCR 0.66
MP 25,000 10-13 25,402 +330
PCR 0.59
MP 25,000 10-14 25,032 -370
PCR 0.72
MP 25,000 10-15 25,407 +375
PCR 0.93
MP 25,100 10-16 25,386 -21
PCR 0.90
MP 25,100

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 →