Daily digest / Finnifty / 2026-10-27 · this week
Finnifty · Tuesday 27 Oct 2026 · close
24,304 -198.6 (-0.81%)
Expiry day

Early sell-off, closes near the lows

A steady start gave way at 10:00 IST and Finnifty slid 246 pts to 24,287. Put writers added the most fresh OI at 24,300 (+2.8 L), right where the low held. Call writers built positions at 24,350–24,500, led by 24,400 (+2.3 L). Max pain moved from 24,550 to 24,400, following price down. PCR rose from 0.71 to 0.83.

Spot Max pain 24,300 support PCR 15-min · IST
Open24,475
High · 10:0324,566
Low · 14:1624,282
Avg PCR0.73
Max pain24,400

Key levels into expiry

24,500 Call wall · 2.9 L OI · Fresh calls +2.1 L resistance
24,400 Fresh calls +2.3 L · Max pain cap
24,304 Close ●
24,300 Fresh puts +2.8 L · held the low · Put wall · 3.3 L OI support
24,250 Fresh puts +1.1 L · held the low support

Where writers added today

24,400
+2.3 L
24,500
+2.1 L
24,350
+1.9 L
24,300
+2.8 L
24,250
+1.1 L
24,350
+1.1 L
■ calls   ■ puts · OI change from the first snapshot to the close, strikes near spot

Move vs what options priced

Monthly ATM straddle at open228
Session range284
One session moved 1.2× the monthly straddle's full priced move.

Last 6 sessions

10-19 25,043 —
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 10-23 24,409 -274
PCR 0.75
MP 24,700 10-26 24,502 +93
PCR 0.81
MP 24,500 10-27 24,304 -199
PCR 0.73
MP 24,400

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 →