Daily digest / SENSEX / 2026-10-22 · this week
SENSEX · Thursday 22 Oct 2026 · close
73,249 -255.1 (-0.35%)
3rd straight down dayExpiry day

Midday sell-off, losses pared into the close

SENSEX slid 604 pts from 73,718 at 11:15 to 73,114 by 12:16 IST. Put writers added the most fresh OI at 73,200 (+47.5 L), right where the low held. Call writers built positions at 73,300–73,500, led by 73,300 (+52.0 L). Max pain moved from 73,600 to 73,300, following price down. PCR rose from 0.54 to 0.87.

Spot Max pain 73,200 support PCR 15-min · IST
Open73,487
High · 11:1473,746
Low · 09:1572,965
Avg PCR0.91
Max pain73,300

Key levels into expiry

73,400 Fresh calls +32.9 L cap
73,300 Call wall · 55.5 L OI · Fresh calls +52.0 L · Max pain resistance
73,249 Close ●
73,200 Fresh puts +47.5 L · held the low support
73,000 Fresh puts +39.0 L · held the low · Put wall · 54.6 L OI support

Where writers added today

73,300
+52.0 L
73,400
+32.9 L
73,500
+31.0 L
73,200
+47.5 L
73,000
+39.0 L
73,100
+30.7 L
■ calls   ■ puts · OI change from the first snapshot to the close, strikes near spot

Move vs what options priced

Weekly ATM straddle at open570
Session range780
One session moved 1.4× the weekly straddle's full priced move.

Last 6 sessions

10-14 72,713 —
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 10-19 73,869 -685
PCR 0.88
MP 74,000 10-21 73,504 -364
PCR 0.72
MP 73,600 10-22 73,249 -255
PCR 0.91
MP 73,300

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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