Daily digest / Finnifty / 2026-10-19 · this week
Finnifty · Monday 19 Oct 2026 · close
25,043 -343.2 (-1.35%)
2nd straight down dayExpiry Tue 27 Oct · 6 sessions

Selling from the open, closes near the lows

Finnifty slid 380 pts from 25,392 at 09:15 to 25,012 by 13:45 IST. Put writers added the most fresh OI at 24,000 (+0.1 L). Call writers built positions at 25,300–26,000, led by 25,600 (+0.6 L). Max pain moved from 25,100 to 25,000, following price down. PCR fell from 0.89 to 0.77.

Spot Max pain PCR 15-min · IST
Open25,392
High · 09:1725,411
Low · 13:4724,996
Avg PCR0.76
Max pain25,000

Key levels into expiry

25,600 Call wall · 0.8 L OI · Fresh calls +0.6 L resistance
25,300 Fresh calls +0.2 L cap
25,043 Close ●
25,000 Max pain · Put wall · 0.4 L OI magnet
24,500 Fresh puts +0.1 L support
24,000 Fresh puts +0.1 L support

Where writers added today

25,600
+0.6 L
25,300
+0.2 L
26,000
+0.2 L
24,000
+0.1 L
24,500
+0.1 L
24,400
+0.1 L
■ calls   ■ puts · OI change from the first snapshot to the close, strikes near spot

Move vs what options priced

Monthly ATM straddle at open501
Session range415
The session used 83% of the monthly straddle's priced move.

Last 6 sessions

10-09 25,072 —
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 10-19 25,043 -343
PCR 0.76
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 →