Daily digest / SENSEX / 2026-11-04 · this week
SENSEX · Wednesday 4 Nov 2026 · close
77,227 +602.9 (+0.79%)
5th straight up dayExpiry Thu 5 Nov · 1 session

Buying from the open, gains trimmed into the close

SENSEX climbed 749 pts from 76,610 at 09:15 to 77,359 by 15:00 IST. Put writers added the most fresh OI at 77,000 (+17.1 L). Call writers built positions at 77,300–81,000, led by 80,000 (+20.4 L). Max pain moved from 77,000 to 77,200, following price up. PCR fell from 1.52 to 1.14.

Spot Max pain PCR 15-min · IST
Open76,610
High · 15:0277,376
Low · 09:1576,376
Avg PCR1.15
Max pain77,200

Key levels into expiry

80,000 Call wall · 29.9 L OI · Fresh calls +20.4 L resistance
77,300 Fresh calls +9.8 L cap
77,227 Close ●
77,200 Max pain magnet
77,000 Fresh puts +17.1 L support
76,000 Fresh puts +8.8 L · Put wall · 21.5 L OI support

Where writers added today

80,000
+20.4 L
77,300
+9.8 L
81,000
+7.2 L
77,000
+17.1 L
76,000
+8.8 L
74,500
+8.1 L
■ calls   ■ puts · OI change from the first snapshot to the close, strikes near spot

Move vs what options priced

Weekly ATM straddle at open958
Session range999
One session moved 1.0× the weekly straddle's full priced move.

Last 6 sessions

10-28 73,282 —
PCR 1.12
MP 73,400 10-29 74,151 +869
PCR 1.42
MP 74,100 10-30 74,442 +291
PCR 2.19
MP 77,200 11-02 75,442 +999
PCR 1.88
MP 77,200 11-03 76,624 +1,182
PCR 1.45
MP 76,600 11-04 77,227 +603
PCR 1.15
MP 77,200

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 SENSEX sessions · Indices hub · Live terminal →