Buying from the open, closes near the highs
SENSEX climbed 1,467 pts from 72,849 at 09:15 to 74,316 by 15:40 IST. Put writers added the most fresh OI at 74,000 (+55.4 L). Call writers built positions at 74,200–74,400, led by 74,400 (+36.4 L). Max pain moved from 72,800 to 74,100, following price up. PCR rose from 1.12 to 1.49.
Key levels into expiry
Where writers added today
Move vs what options priced
Last 6 sessions
Max pain: strike where option buyers lose most at expiry. Fresh OI: positions opened this session. PCR: put OI ÷ call OI.
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.