Daily digest / NIFTY 50 / 2026-10-27 · this week
NIFTY 50 · Tuesday 27 Oct 2026 · close
22,750 -22.1 (-0.10%)
Expiry day

Afternoon sell-off, buyers step in

NIFTY 50 opened with a 82-pt gap down at 22,690. NIFTY 50 slid 179 pts from 22,830 at 12:45 to 22,651 by 14:15 IST. Put writers added the most fresh OI at 22,750 (+154.9 L). Call writers built positions at 22,750–22,850, led by 22,750 (+67.6 L). Max pain held at 22,750 all session. PCR fell from 1.13 to 1.04.

Spot Max pain 22,700 support PCR 15-min · IST
Open22,690
High · 12:4322,841
Low · 14:1622,631
Avg PCR1.02
Max pain22,750

Key levels into expiry

22,800 Call wall · 161.6 L OI · Fresh calls +64.5 L resistance
22,750 Fresh calls +67.6 L · Max pain cap
22,750 Close ●
22,700 Fresh puts +74.9 L · held the low · Put wall · 181.0 L OI support

Where writers added today

22,750
+67.6 L
22,800
+64.5 L
22,850
+23.7 L
22,750
+154.9 L
22,700
+74.9 L
22,800
+16.8 L
■ calls   ■ puts · OI change from the first snapshot to the close, strikes near spot

Move vs what options priced

Weekly ATM straddle at open170
Session range210
One session moved 1.2× the weekly straddle's full priced move.

Last 6 sessions

10-19 22,889 —
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 10-27 22,750 -22
PCR 1.02
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 →