Daily digest / Finnifty / 2026-11-03 · this week
Finnifty · Tuesday 3 Nov 2026 · close
25,314 +389.6 (+1.56%)
2nd straight up dayExpiry Mon 23 Nov · 14 sessions

Buying from the open, gains trimmed into the close

Finnifty climbed 494 pts from 24,925 at 09:15 to 25,420 by 13:45 IST. Put writers added the most fresh OI at 25,000 (+0.1 L), right where the low held. Call writers built positions at 25,250–26,500, led by 26,500 (+0.0 L). Max pain moved from 24,800 to 25,000, following price up. PCR rose from 0.89 to 1.32.

Spot Max pain 25,000 support PCR 15-min · IST
Open24,925
High · 13:5125,445
Low · 09:1524,925
Avg PCR1.18
Max pain25,000

Key levels into expiry

26,500 Fresh calls +0.0 L cap
26,000 Call wall · 0.2 L OI resistance
25,314 Close ●
25,300 Fresh puts +0.1 L support
25,000 Max pain · Fresh puts +0.1 L · held the low magnet
24,600 Put wall · 0.6 L OI floor

Where writers added today

26,500
+0.0 L
25,250
+0.0 L
25,300
+0.0 L
25,000
+0.1 L
25,300
+0.1 L
24,500
+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 open741
Session range520
The session used 70% of the monthly straddle's priced move.

Last 6 sessions

10-27 24,304 —
PCR 0.73
MP 24,400 10-28 24,514 +210
PCR 0.76
MP 24,600 10-29 24,810 +296
PCR 0.66
MP 24,600 10-30 24,749 -60
PCR 0.98
MP 24,650 11-02 24,924 +175
PCR 0.80
MP 24,800 11-03 25,314 +390
PCR 1.18
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 →