Daily digest / SENSEX / 2026-10-16 · this week
SENSEX · Friday 16 Oct 2026 · close
74,553 +237.8 (+0.32%)
2nd straight up dayExpiry Thu 22 Oct · 4 sessions

Buying from the open, gains trimmed into the close

SENSEX opened with a 302-pt gap down at 74,014. SENSEX climbed 715 pts from 74,014 at 09:15 to 74,728 by 10:30 IST. Put writers added the most fresh OI at 74,500 (+4.2 L). Call writers built positions at 76,000–78,000, led by 78,000 (+6.3 L). Max pain moved from 73,800 to 74,500, following price up. PCR fell from 1.57 to 1.22.

Spot Max pain PCR 15-min · IST
Open74,014
High · 10:1974,756
Low · 09:3673,941
Avg PCR1.22
Max pain74,500

Key levels into expiry

78,000 Call wall · 8.4 L OI · Fresh calls +6.3 L resistance
76,000 Fresh calls +4.4 L cap
74,553 Close ●
74,500 Max pain · Fresh puts +4.2 L magnet
73,000 Put wall · 8.6 L OI floor
72,000 Fresh puts +4.2 L support

Where writers added today

78,000
+6.3 L
76,000
+4.4 L
76,500
+4.3 L
74,500
+4.2 L
72,000
+4.2 L
71,000
+4.2 L
■ calls   ■ puts · OI change from the first snapshot to the close, strikes near spot

Move vs what options priced

Weekly ATM straddle at open1,025
Session range815
The session used 79% of the weekly straddle's priced move.

Last 6 sessions

10-08 71,593 —
PCR 0.84
MP 71,600 10-09 72,616 +1,022
PCR 1.35
MP 72,500 10-13 73,256 +640
PCR 1.24
MP 72,800 10-14 72,713 -542
PCR 1.31
MP 72,800 10-15 74,316 +1,602
PCR 1.74
MP 74,100 10-16 74,553 +238
PCR 1.22
MP 74,500

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.

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