Daily digest / Finnifty / 2026-10-22 · this week
Finnifty · Thursday 22 Oct 2026 · close
24,683 -22.3 (-0.09%)
4th straight down dayExpiry Tue 27 Oct · 3 sessions

Early rally, sellers fade it

Finnifty climbed 221 pts from 24,560 at 09:45 to 24,781 by 11:15 IST. Put writers added the most fresh OI at 24,750 (+0.1 L). Call writers built positions at 24,750–25,200, led by 25,000 (+0.1 L). Max pain moved from 25,000 to 24,900, following price down.

Spot Max pain PCR 15-min · IST
Open24,713
High · 11:1224,793
Low · 09:3524,499
Avg PCR0.85
Max pain24,900

Key levels into expiry

25,000 Call wall · 0.8 L OI · Fresh calls +0.1 L resistance
24,900 Max pain magnet
24,750 Fresh calls +0.1 L cap
24,683 Close ●
24,100 Fresh puts +0.1 L support
23,500 Put wall · 0.7 L OI floor

Where writers added today

25,000
+0.1 L
24,750
+0.1 L
25,200
+0.1 L
24,750
+0.1 L
24,100
+0.1 L
24,700
+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 open500
Session range294
The session used 59% of the monthly straddle's priced move.

Last 6 sessions

10-14 25,032 —
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 10-21 24,705 -337
PCR 0.83
MP 25,000 10-22 24,683 -22
PCR 0.85
MP 24,900

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 →