Nifty and Bank Nifty Option Chain Analysis (10 September 2026): PCR 0.64, Max Pain 23,500
Quick answer
Option chain data for 10 September 2026: Nifty put-call ratio at 0.64, max pain 23,500, highest call and put open interest strikes for Nifty and Bank Nifty.
Quick summary
Nifty spot
23,477.80
PCR
0.64
Max pain
23,500
Option chain snapshot — 10 September 2026
Derivative positioning as of 03:50 pm IST, read from the live option chain for the nearest expiry.
| Contract | Expiry | Spot | ATM strike | PCR | Max pain | Highest call OI | Highest put OI |
|---|---|---|---|---|---|---|---|
| Nifty option chain | 2026-09-15 | 23,477.80 | 23,500 | 0.64 | 23,500 | 24,000 | 23,000 |
| Bank Nifty option chain | 2026-09-29 | 56,471.95 | 56,500 | 0.82 | 57,500 | 57,500 | 57,500 |
Nifty option chain positioning
Nifty is at 23,477.80 with the at-the-money strike at 23,500. The put-call ratio of 0.64 shows heavier call writing, which usually reflects a cautious bias. The highest call open interest sits at 24,000, acting as near-term resistance, and the highest put open interest at 23,000, acting as near-term support. Max pain — the strike where option writers lose least at expiry — is 23,500.
Bank Nifty option chain positioning
Bank Nifty is at 56,471.95 with the at-the-money strike at 56,500. The put-call ratio of 0.82 is close to neutral. The highest call open interest sits at 57,500, acting as near-term resistance, and the highest put open interest at 57,500, acting as near-term support. Max pain — the strike where option writers lose least at expiry — is 57,500.
How to read these numbers
Open interest concentration marks the strikes where writers have taken the most risk, so those levels often behave as support and resistance until positions unwind. A PCR above roughly 1.2 with rising spot typically means put writers are confident; below 0.8 it means call writers are. Max pain is a positioning statistic, not a forecast — it shifts as open interest builds through the expiry week, so re-check it daily rather than trading it as a target.
Key takeaways
- Nifty spot: 23,477.80
- PCR: 0.64
- Max pain: 23,500
About this report
Every figure on this page is read from a primary source at the timestamp shown — exchange boards for equities and indices, the exchange bid book for IPOs, published association rates for bullion, and consolidated exchange quotes for crypto — with no estimation or third-party commentary. Historical fields such as trailing returns and 52-week extremes are computed on the adjusted daily series so splits and bonuses do not create false gaps. A timestamp outside market hours reflects the last traded or last published value, not a live tick.
Related live pages
Sources
- NSE India F&O option chain data delivered through our exchange data feed
- TrendRipperX option chain pages
“This report is generated automatically from live exchange and official association data at the time stamped above. Prices move continuously — verify on the source before acting. Nothing here is investment advice.”
Frequently asked questions
Why is nifty and Bank Nifty Option Chain Analysis (10 September 2026): PCR 0.64, Max Pain 23,500 making headlines?
Option chain data for 10 September 2026: Nifty put-call ratio at 0.64, max pain 23,500, highest call and put open interest strikes for Nifty and Bank Nifty.
What is happening with option chain snapshot — 10 September 2026?
Derivative positioning as of 03:50 pm IST, read from the live option chain for the nearest expiry.
What are the key points on nifty option chain positioning?
Nifty is at 23,477.80 with the at-the-money strike at 23,500. The put-call ratio of 0.64 shows heavier call writing, which usually reflects a cautious bias. The highest call open interest sits at 24,000, acting as near-term resistance, and the highest put open interest at 23,000, acting as near-term support.
How significant is bank Nifty option chain positioning?
Bank Nifty is at 56,471.95 with the at-the-money strike at 56,500. The put-call ratio of 0.82 is close to neutral. The highest call open interest sits at 57,500, acting as near-term resistance, and the highest put open interest at 57,500, acting as near-term support.
How to read these numbers?
Open interest concentration marks the strikes where writers have taken the most risk, so those levels often behave as support and resistance until positions unwind. A PCR above roughly 1.2 with rising spot typically means put writers are confident; below 0.8 it means call writers are.
What should you know about about this report?
Every figure on this page is read from a primary source at the timestamp shown — exchange boards for equities and indices, the exchange bid book for IPOs, published association rates for bullion, and consolidated exchange quotes for crypto — with no estimation or third-party commentary.
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