Nifty and Bank Nifty Option Chain Analysis (15 October 2026): PCR 1.65, Max Pain 22,900
Quick answer
Option chain data for 15 October 2026: Nifty put-call ratio at 1.65, max pain 22,900, highest call and put open interest strikes for Nifty and Bank Nifty.
Generated from exchange and market-data feeds by the TrendRipperX Data Desk. Prices can be delayed; this report describes price moves and does not claim to know why a stock moved.

Quick summary
Nifty spot
22,997.35
PCR
1.65
Max pain
22,900
Option chain snapshot — 15 October 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 | 2026-10-19 | 22,997.35 | 23,000 | 1.65 | 22,900 | 24,000 | 22,500 |
| Bank Nifty option chain | 2026-10-27 | 55,810.50 | 55,800 | 1.08 | 55,800 | 56,000 | 55,000 |
Nifty option chain positioning
Nifty is at 22,997.35 with the at-the-money strike at 23,000. The put-call ratio of 1.65 shows heavier put writing, which usually reflects a supportive bias. The highest call open interest sits at 24,000, acting as near-term resistance, and the highest put open interest at 22,500, acting as near-term support. Max pain — the strike where option writers lose least at expiry — is 22,900.
Bank Nifty option chain positioning
Bank Nifty is at 55,810.50 with the at-the-money strike at 55,800. The put-call ratio of 1.08 is close to neutral. The highest call open interest sits at 56,000, acting as near-term resistance, and the highest put open interest at 55,000, acting as near-term support. Max pain — the strike where option writers lose least at expiry — is 55,800.
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: 22,997.35
- PCR: 1.65
- Max pain: 22,900
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
What do you need to know about nifty and Bank Nifty Option Chain Analysis (15 October 2026): PCR 1.65, Max Pain 22,900?
Option chain data for 15 October 2026: Nifty put-call ratio at 1.65, max pain 22,900, highest call and put open interest strikes for Nifty and Bank Nifty.
What should you know about option chain snapshot — 15 October 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 22,997.35 with the at-the-money strike at 23,000. The put-call ratio of 1.65 shows heavier put writing, which usually reflects a supportive bias. The highest call open interest sits at 24,000, acting as near-term resistance, and the highest put open interest at 22,500, acting as near-term support.
How significant is bank Nifty option chain positioning?
Bank Nifty is at 55,810.50 with the at-the-money strike at 55,800. The put-call ratio of 1.08 is close to neutral. The highest call open interest sits at 56,000, acting as near-term resistance, and the highest put open interest at 55,000, 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 does about this report mean for investors?
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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Written by TrendRipperX Data Desk. Figures come from exchange, company and market-data sources linked in the story. Spotted an error? Tell the newsroom — see our corrections policy and editorial policy.
For information only, not investment advice. TrendRipperX is not a SEBI-registered adviser. Full disclaimer.
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