Daily digest / SENSEX / 2026-10-28 · this week
SENSEX · Wednesday 28 Oct 2026 · close
73,282 -247.4 (-0.34%)
2nd straight down dayExpiry Thu 29 Oct · 1 session

Early rally, gains trimmed into the close

SENSEX opened with a 519-pt gap down at 73,011. SENSEX climbed 831 pts from 72,664 at 10:30 to 73,495 by 13:00 IST. Put writers added the most fresh OI at 71,000 (+13.0 L). Call writers built positions at 74,200–75,000, led by 74,200 (+10.3 L). Max pain moved from 73,600 to 73,400, following price down. PCR rose from 1.15 to 1.29.

Spot Max pain PCR 15-min · IST
Open73,011
High · 13:0073,552
Low · 10:2272,624
Avg PCR1.12
Max pain73,400

Key levels into expiry

75,000 Call wall · 24.4 L OI resistance
74,500 Fresh calls +9.1 L cap
74,200 Fresh calls +10.3 L cap
73,400 Max pain magnet
73,282 Close ●
72,000 Fresh puts +11.9 L support
71,000 Fresh puts +13.0 L · Put wall · 24.7 L OI support

Where writers added today

74,200
+10.3 L
74,500
+9.1 L
75,000
+8.6 L
71,000
+13.0 L
72,000
+11.9 L
70,000
+9.7 L
■ calls   ■ puts · OI change from the first snapshot to the close, strikes near spot

Move vs what options priced

Weekly ATM straddle at open780
Session range928
One session moved 1.2× the weekly straddle's full priced move.

Last 6 sessions

10-21 73,504 —
PCR 0.72
MP 73,600 10-22 73,249 -255
PCR 0.91
MP 73,300 10-23 73,189 -61
PCR 1.04
MP 73,600 10-26 73,677 +489
PCR 1.29
MP 73,700 10-27 73,530 -148
PCR 1.20
MP 73,600 10-28 73,282 -247
PCR 1.12
MP 73,400

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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