Daily digest / NIFTY 50 / 2026-10-26 · this week
NIFTY 50 · Monday 26 Oct 2026 · close
22,772 +176.4 (+0.78%)
Expiry Tue 27 Oct · 1 session

Early rally, closes near the highs

A steady start gave way at 09:30 IST and NIFTY 50 climbed 247 pts to 22,773. Put writers added the most fresh OI at 22,600 (+84.0 L). Call writers built positions at 22,900–23,200, led by 23,100 (+29.2 L). Max pain moved from 22,700 to 22,750, following price up. PCR rose from 0.74 to 1.13.

Spot Max pain PCR 15-min · IST
Open22,556
High · 14:1022,786
Low · 09:2622,442
Avg PCR1.04
Max pain22,750

Key levels into expiry

23,100 Fresh calls +29.2 L cap
23,000 Call wall · 184.0 L OI resistance
22,900 Fresh calls +16.4 L cap
22,772 Close ●
22,750 Max pain magnet
22,700 Fresh puts +60.8 L support
22,600 Fresh puts +84.0 L support
22,500 Put wall · 172.9 L OI floor

Where writers added today

23,100
+29.2 L
22,900
+16.4 L
23,200
+12.6 L
22,600
+84.0 L
22,700
+60.8 L
22,400
+54.1 L
■ calls   ■ puts · OI change from the first snapshot to the close, strikes near spot

Move vs what options priced

Weekly ATM straddle at open251
Session range345
One session moved 1.4× the weekly straddle's full priced move.

Last 6 sessions

10-16 23,092 —
PCR 1.42
MP 23,050 10-19 22,889 -203
PCR 0.92
MP 22,900 10-21 22,735 -154
PCR 0.80
MP 22,900 10-22 22,715 -20
PCR 0.78
MP 22,850 10-23 22,596 -119
PCR 0.76
MP 22,700 10-26 22,772 +176
PCR 1.04
MP 22,750

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 NIFTY 50 sessions · Indices hub · Live terminal →