NSE & BSE Indices Futures and Options Open Interest Volume Analysis for 14/08/2026

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Open Interest Volume Analysis

If you’re looking at the markets today and wondering why the major indices are acting a bit sluggish, our latest Open Interest Volume Analysis for August 14, 2026, reveals exactly what the smart money is up to. Across the board, we are seeing a cautious-to-bearish undertone, but the devil is always in the details. Here’s the quick rundown of what our deep dive uncovered before you plan your next move:

Nifty & Midcap Fresh Shorts: Both NIFTY and MIDCPNIFTY are showing clear signs of fresh short buildups. Even though NIFTY premiums slightly increased, the rising combined Open Interest (up 1.43%) alongside dropping prices tells us bears are actively initiating new negative positions rather than just booking profits.

BankNifty’s Bearish Grip: The banking index isn’t giving the bulls any comfort. With August futures shedding premium (down 21.45 points) and a massive 61.55% volume spike in September futures accompanied by fresh shorts, sentiment is tilted heavily toward the downside.

Sensex Long Unwinding: Over on the SENSEX, our Open Interest Volume Analysis flags clear long covering. With a massive 85.67% drop in volume and negative OI change as prices dipped, it’s obvious that weaker bulls are throwing in the towel and closing their positions rather than rolling them over.

NSE & BSE F&O Market Signals

NIFTY Future analysis

NIFTY Spot closed at: 24366 (-0.122%)

Combined = August + September + October

Combined Fut Open Interest Change: 1.43%

Combined Fut Volume Change: 21.15%

Combined Fut Open Interest Analysis: Fresh Short

Rollover: 15% Previous 14%

NIFTY AUGUST Future closed at: 24449.6 (-0.075%)

Aug Fut Premium 83.6 (Increased by 11.45 points)

Aug Fut Open Interest Change: 0.13%

Aug Fut Volume Change: 16.22%

Aug Fut Open Interest Analysis: Fresh Short

NIFTY SEPTEMBER Future closed at: 24587 (-0.061%)

Sep Fut Premium 221 (Increased by 14.85 points)

Sep Fut Open Interest Change: 10.81%

Sep Fut Volume Change: 45.95%

Sep Fut Open Interest Analysis: Fresh Short

NIFTY Weekly Expiry (18/08/2026) Option Analysis

Put-Call Ratio (Open Interest): 0.884 (Increased from 0.776)

Put-Call Ratio (Volume): 0.985

Max Pain Level: 24400

Maximum CALL Open Interest: 25000

Maximum PUT Open Interest: 24000

Highest CALL Addition: 24350

Highest PUT Addition: 24300

NIFTY Monthly Expiry (25/08/2026) Option Analysis

Put-Call Ratio (Open Interest): 1.003 (Decreased from 1.006)

Put-Call Ratio (Volume): 0.782

Max Pain Level: 24450

Maximum CALL Open Interest: 25000

Maximum PUT Open Interest: 24000

Highest CALL Addition: 26000

Highest PUT Addition: 23000

BANKNIFTY Future Analysis

BANKNIFTY Spot closed at: 57491.1 (-0.250%)

Combined = August + September + October

Combined Fut Open Interest Change: 0.59%

Combined Fut Volume Change: 58.30%

Combined Fut Open Interest Analysis: Fresh Short

Rollover: 10% Previous 9%

BANKNIFTY AUGUST Future closed at: 57695.8 (-0.286%)

Aug Fut Premium 204.7 (Decreased by -21.45 points)

Aug Fut Open Interest Change: -0.1%

Aug Fut Volume Change: 58.1%

Aug Fut Open Interest Analysis: Long Covering

BANKNIFTY SEPTEMBER Future closed at: 58053 (-0.275%)

Sep Fut Premium 561.9 (Decreased by -15.85 points)

Sep Fut Open Interest Change: 6.35%

Sep Fut Volume Change: 61.55%

Sep Fut Open Interest Analysis: Fresh Short

BANKNIFTY Monthly Expiry  (25/08/2026) Option Analysis

Put-Call Ratio (Open Interest): 0.783 (Decreased from 0.862)

Put-Call Ratio (Volume): 0.881

Max Pain Level: 57800

Maximum CALL Open Interest: 58000

Maximum PUT Open Interest: 58000

Highest CALL Addition: 60000

Highest PUT Addition: 56000

MIDCPNIFTY Future Analysis

MIDCPNIFTY Spot closed at: 14971.75 (-0.706%)

Combined = August + September + October

Combined Fut Open Interest Change: 0.36%

Combined Fut Volume Change: -26.51%

Combined Fut Open Interest Analysis: Fresh Short

Rollover: 6% Previous 6%

MIDCPNIFTY AUGUST Future closed at: 15010.55 (-0.431%)

Aug Fut Premium 38.8 (Increased by 41.4 points)

Aug Fut Open Interest Change: 0.18%

Aug Fut Volume Change: -6.77%

Aug Fut Open Interest Analysis: Fresh Short

MIDCPNIFTY SEPTEMBER Future closed at: 15068.45 (-0.393%)

Sep Fut Premium 96.7 (Increased by 46.9 points)

Sep Fut Open Interest Change: 3.78%

Sep Fut Volume Change: -75.07%

Sep Fut Open Interest Analysis: Fresh Short

MIDCPNIFTY Monthly Expiry (25/08/2026) Option Analysis

Put-Call Ratio (Open Interest): 1.002 (Decreased from 1.055)

Put-Call Ratio (Volume): 0.947

Max Pain Level: 15000

Maximum CALL Open Interest: 15500

Maximum PUT Open Interest: 15000

Highest CALL Addition: 15000

Highest PUT Addition: 14500

SENSEX Monthly Expiry (27/08/2026) Future

SENSEX Spot closed at: 78,009.25 (-0.091%)

SENSEX Monthly Future closed at: 78,296.55 (-0.011%)

Premium: 287.3 (Increased by 61.96 points)

Open Interest Change: -0.54%

Volume Change: -85.67%

Open Interest Analysis: Long Covering

SENSEX Weekly Expiry (20/08/2026) Option Analysis

Put-Call Ratio (OI): 0.993 (Increased from 0.839)

Put-Call Ratio (Volume): 0.984

Max Pain Level: 78000

Maximum CALL OI: 80000

Maximum PUT OI: 78000

Highest CALL Addition: 81000

Highest PUT Addition: 75000

FII & DII Cash Market Activity

FIIs Net BUY: ₹ 508.12 Cr.

DIIs Net BUY: ₹ 356.40 Cr.

FII Derivatives Activity

FII Trading Stats14.08.2613.08.2612.08.26
FII Cash (Provisional Data)508.12-510.69-1,002.50
    
Index Future Open Interest Long Ratio11.21%12.29%12.51%
Index Future Volume Long Ratio26.07%36.03%34.92%
Call Option Open Interest Long Ratio39.76%38.38%39.96%
Call Option Volume Long Ratio50.12%49.15%49.56%
Put Option Open Interest Long Ratio67.11%68.01%70.37%
Put Option Volume Long Ratio50.24%49.65%50.19%
Stock Future Open Interest Long Ratio54.84%54.89%54.86%
Stock Future Volume Long Ratio49.48%50.52%50.72%
    
Index FuturesFresh ShortFresh ShortFresh Short
Index OptionsFresh LongFresh ShortFresh Short
    
Nifty FuturesFresh ShortFresh ShortFresh Short
Nifty OptionsFresh LongFresh ShortFresh Short
    
BankNifty FuturesLong CoveringLong CoveringFresh Long
BankNifty OptionsFresh ShortFresh ShortFresh Long
    
FinNifty FuturesFresh ShortFresh ShortFresh Short
FinNifty OptionsFresh LongFresh ShortFresh Short
    
MidcpNifty FuturesFresh LongFresh LongFresh Long
MidcpNifty OptionsLong CoveringFresh LongFresh Long
    
NiftyNxt50 FuturesFresh LongFresh ShortFresh Short
NiftyNxt50 OptionsFresh ShortFresh LongFresh Long
    
Stock FuturesLong CoveringFresh LongShort Covering
Stock OptionsFresh ShortFresh ShortFresh Short

SENSEX weekly Expiry (20/08/2026)

The SENSEX index closed at 78009.25. The SENSEX weekly expiry for AUGUST 20, 2026 has revealed key trends in open interest. The current Put/Call Ratio is at 0.993 against previous 0.839. The 78000PE option holds the maximum open interest, followed by the 75000PE and 80000CE options. Market participants have shown increased interest with significant open interest additions in the 75000PE option, with open interest additions also seen in the 77700PE and 77800PE options. On the other hand, open interest reductions were prominent in the 79000PE, 73000CE, and 73000CE options. Trading volume was highest in the 77800PE option, followed by the 78000CE and 78000PE options, indicating active trading in these strikes.

SENSEXWeeklyExpiry:20-08-2026
Index SpotPCR OIPrev PCR OIPCR VOL
78009.250.9930.8390.984
Total Open Interest Change in all CALLs & PUTs:
 CurrentPriorNet Ch
CALL:      88,34,300        50,74,060           37,60,240
PUT:      87,68,300        42,55,260           45,13,040
Top CALL Open Interest:
StrikeOIOI ChangeVolume
80000        7,45,080          2,08,680           66,11,320
78000        6,96,260          1,55,480        1,69,93,180
Top CALL Open Interest addition:
StrikeOIOI ChangeVolume
81000        6,00,400          2,66,860           38,03,300
80500        4,74,460          2,47,320           29,84,500
Top CALL Open Interest reduction:
StrikeOIOI ChangeVolume
                       –                             –  
                       –                             –  
Top CALL Volume:
StrikeOIOI ChangeVolume
78000        6,96,260          1,55,480        1,69,93,180
77800        2,35,340              37,720        1,18,93,360
Top PUT Open Interest:
StrikeOIOI ChangeVolume
78000        7,84,480          2,68,280        1,55,72,440
75000        7,64,440          3,45,020           32,92,380
Top PUT Open Interest addition:
StrikeOIOI ChangeVolume
75000        7,64,440          3,45,020           32,92,380
77700        3,97,400          3,27,660        1,21,14,060
Top PUT Open Interest reduction:
StrikeOIOI ChangeVolume
79000            69,860              -1,700              1,23,900
80300                  300                       –                             –  
Top PUT Volume:
StrikeOIOI ChangeVolume
77800        5,17,680          2,69,120        1,96,20,400
78000        7,84,480          2,68,280        1,55,72,440

NIFTY Weekly Expiry (18/08/2026)

The NIFTY index closed at 24366. The NIFTY weekly expiry for AUGUST 18, 2026 has revealed key trends in open interest. The current Put/Call Ratio is at 0.884 against previous 0.776. The 25000CE option holds the maximum open interest, followed by the 24000PE and 24500CE options. Market participants have shown increased interest with significant open interest additions in the 24300PE option, with open interest additions also seen in the 24350PE and 24000PE options. On the other hand, open interest reductions were prominent in the 26000CE, 25000CE, and 25900CE options. Trading volume was highest in the 24300PE option, followed by the 24350PE and 24400CE options, indicating active trading in these strikes.
 

NIFTYWeekly Expiry:18-08-2026
 Index Spot PCR OI Prev PCR OI PCR VOL
         24,366.00                0.884                  0.776               0.985
 Total Open Interest Change in all CALLs & PUTs:
  Current Prior Net Ch
 CALL: 15,09,86,550   14,82,33,150       27,53,400
 PUT: 13,35,20,465   11,50,12,950   1,85,07,515
 Top CALL Open Interest: 
 Strike OI OI Change Volume
               25,000    1,15,80,660        -15,56,425       16,43,293
               24,500    1,12,62,290            7,95,080       30,54,132
 Top CALL Open Interest addition: 
 Strike OI OI Change Volume
               24,350       40,20,770         16,71,085       40,09,306
               24,400       81,04,785         10,77,570       45,45,329
 Top CALL Open Interest reduction: 
 Strike OI OI Change Volume
               26,000       39,43,745        -27,66,140         2,24,992
               25,000    1,15,80,660        -15,56,425       16,43,293
 Top CALL Volume:
 Strike OI OI Change Volume
               24,400       81,04,785         10,77,570       45,45,329
               24,350       40,20,770         16,71,085       40,09,306
 Top PUT Open Interest: 
 Strike OI OI Change Volume
               24,000    1,14,07,240         17,75,800       13,72,477
               24,300    1,02,04,935         24,14,815       55,67,965
 Top PUT Open Interest addition: 
 Strike OI OI Change Volume
               24,300    1,02,04,935         24,14,815       55,67,965
               24,350       67,96,465         23,12,765       49,30,438
 Top PUT Open Interest reduction: 
 Strike OI OI Change Volume
               23,900       44,13,175          -6,65,340         8,42,230
               24,500       37,34,965          -6,58,645       13,48,119
 Top PUT Volume: 
 Strike OI OI Change Volume
               24,300    1,02,04,935         24,14,815       55,67,965
               24,350       67,96,465         23,12,765       49,30,438

NIFTY Monthly Expiry (25/08/2026)

The NIFTY index closed at 24366. The NIFTY monthly expiry for AUGUST 25, 2026 has revealed key trends in open interest. The current Put/Call Ratio is at 1.003 against previous 1.006. The 24000PE option holds the maximum open interest, followed by the 25000CE and 24500CE options. Market participants have shown increased interest with significant open interest additions in the 26000CE option, with open interest additions also seen in the 24400CE and 23000PE options. On the other hand, open interest reductions were prominent in the 24100CE, 25300CE, and 23300PE options. Trading volume was highest in the 25000CE option, followed by the 24500CE and 24000PE options, indicating active trading in these strikes.

NIFTY Monthly Expiry:25-08-2026
 Index Spot PCR OI Prev PCR OI PCR VOL
         24,366.00                1.003                  1.006               0.782
 Total Open Interest Change in all CALLs & PUTs:
  Current Prior Net Ch
 CALL:    7,48,85,980      6,79,26,885       69,59,095
 PUT:    7,51,10,295      6,83,31,380       67,78,915
 Top CALL Open Interest: 
 Strike OI OI Change Volume
               25,000       88,21,410            3,01,470         2,35,059
               24,500       80,10,210            5,41,840         1,69,124
 Top CALL Open Interest addition: 
 Strike OI OI Change Volume
               26,000       56,23,020         11,06,755             44,804
               24,400       32,29,525            7,93,910         1,40,538
 Top CALL Open Interest reduction: 
 Strike OI OI Change Volume
               24,100       11,39,580          -2,56,295             11,147
               25,300       13,63,700          -2,38,875             73,970
 Top CALL Volume:
 Strike OI OI Change Volume
               25,000       88,21,410            3,01,470         2,35,059
               24,500       80,10,210            5,41,840         1,69,124
 Top PUT Open Interest: 
 Strike OI OI Change Volume
               24,000       96,54,190            6,46,685         1,50,414
               24,500       61,69,540               87,490             91,958
 Top PUT Open Interest addition: 
 Strike OI OI Change Volume
               23,000       39,97,110            7,89,295             53,821
               24,000       96,54,190            6,46,685         1,50,414
 Top PUT Open Interest reduction: 
 Strike OI OI Change Volume
               23,300          7,40,480          -2,21,975             29,465
               24,600       14,88,305              -93,600             35,682
 Top PUT Volume: 
 Strike OI OI Change Volume
               24,000       96,54,190            6,46,685         1,50,414
               24,400       33,11,815            6,45,450         1,30,821

BANKNIFTY Monthly Expiry (25/08/2026)

The BANKNIFTY index closed at 57491.1. The BANKNIFTY monthly expiry for AUGUST 25, 2026 has revealed key trends in open interest. The current Put/Call Ratio is at 0.783 against previous 0.862. The 58000CE option holds the maximum open interest, followed by the 60000CE and 59000CE options. Market participants have shown increased interest with significant open interest additions in the 60000CE option, with open interest additions also seen in the 61000CE and 57500CE options. On the other hand, open interest reductions were prominent in the 58000PE, 55000PE, and 57000PE options. Trading volume was highest in the 57500PE option, followed by the 57500CE and 58000CE options, indicating active trading in these strikes.

BANKNIFTY Monthly Expiry:25-08-2026
 Index Spot PCR OI Prev PCR OI PCR VOL
         57,491.10                0.783                  0.862               0.881
 Total Open Interest Change in all CALLs & PUTs:
  Current Prior Net Ch
 CALL:    1,65,14,340      1,50,71,700       14,42,640
 PUT:    1,29,36,600      1,29,95,820           -59,220
 Top CALL Open Interest: 
 Strike OI OI Change Volume
               58,000       21,63,150               49,620         1,48,362
               60,000       17,23,290            1,76,310             59,872
 Top CALL Open Interest addition: 
 Strike OI OI Change Volume
               60,000       17,23,290            1,76,310             59,872
               61,000          8,60,460            1,49,580             31,644
 Top CALL Open Interest reduction: 
 Strike OI OI Change Volume
               60,100             89,880              -37,740               8,732
               56,500          1,44,240              -14,880               2,734
 Top CALL Volume:
 Strike OI OI Change Volume
               57,500          7,65,510            1,48,920         1,81,932
               58,000       21,63,150               49,620         1,48,362
 Top PUT Open Interest: 
 Strike OI OI Change Volume
               58,000       12,33,210          -1,47,030             70,165
               57,000          9,50,100              -39,000             96,556
 Top PUT Open Interest addition: 
 Strike OI OI Change Volume
               56,000          9,46,320            1,29,570             47,202
               55,500          3,80,670               59,070             32,475
 Top PUT Open Interest reduction: 
 Strike OI OI Change Volume
               58,000       12,33,210          -1,47,030             70,165
               55,000          5,49,780              -64,800             30,947
 Top PUT Volume: 
 Strike OI OI Change Volume
               57,500          6,21,720                        30         1,87,568
               57,000          9,50,100              -39,000             96,556

MIDCPNIFTY Monthly Expiry (25/08/2026)

The MIDCPNIFTY index closed at 14971.75. The MIDCPNIFTY monthly expiry for AUGUST 25, 2026, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 1.002 against previous 1.055. The 15500CE option holds the maximum open interest, followed by the 15000CE and 15000PE options. Market participants have shown increased interest with significant open interest additions in the 14500PE option, with open interest additions also seen in the 15000CE and 15300CE options. On the other hand, open interest reductions were prominent in the 72500CE, 75900PE, and 75900PE options. Trading volume was highest in the 15000PE option, followed by the 15000CE and 15500CE options, indicating active trading in these strikes.

MIDCPNIFTY Monthly Expiry:25-08-2026
 Index Spot PCR OI Prev PCR OI PCR VOL
         14,971.75                1.002                  1.055               0.947
 Total Open Interest Change in all CALLs & PUTs:
  Current Prior Net Ch
 CALL:       67,00,800         63,05,880         3,94,920
 PUT:       67,14,000         66,55,560             58,440
 Top CALL Open Interest: 
 Strike OI OI Change Volume
               15,500       14,63,760                -7,200             10,807
               15,000       10,79,640            1,00,680             20,039
 Top CALL Open Interest addition: 
 Strike OI OI Change Volume
               15,000       10,79,640            1,00,680             20,039
               15,300          2,46,960               71,520               5,259
 Top CALL Open Interest reduction: 
 Strike OI OI Change Volume
               14,800          1,80,960              -20,880               1,740
               15,800          1,47,120              -17,280               1,280
 Top CALL Volume:
 Strike OI OI Change Volume
               15,000       10,79,640            1,00,680             20,039
               15,500       14,63,760                -7,200             10,807
 Top PUT Open Interest: 
 Strike OI OI Change Volume
               15,000          9,22,560              -47,400             22,869
               14,500          8,70,840            1,72,080               8,958
 Top PUT Open Interest addition: 
 Strike OI OI Change Volume
               14,500          8,70,840            1,72,080               8,958
               14,200          2,86,560               67,080               3,366
 Top PUT Open Interest reduction: 
 Strike OI OI Change Volume
               15,000          9,22,560              -47,400             22,869
               14,900          5,95,080              -36,240               6,735
 Top PUT Volume: 
 Strike OI OI Change Volume
               15,000          9,22,560              -47,400             22,869
               14,500          8,70,840            1,72,080               8,958

Conclusion: What the NSE & BSE Indices Futures and Options Open Interest Volume Analysis Tells Us

So, what’s the final verdict for your trading setup? Based on today’s Open Interest Volume Analysis, the broader market structure is leaning bearish with fresh shorts dominating the system, but we are sitting right on top of some major make-or-break pivot points. Here is your actionable game plan moving forward:

Watch the Max Pain Triggers: For NIFTY, the monthly max pain sits at 24450, while BANKNIFTY is pegged at 57800. This is crucial—sustenance above monthly max pain might bring short-covering, potentially triggering a sharp, sudden rally as those freshly trapped shorts scramble to exit their positions.

Trade the Nifty Boundaries: NIFTY is tightly boxed between 24000 (massive Put OI support) and 25000 (heavy Call OI resistance). Intraday traders should look to fade the rallies near the 24450-24500 zone unless we see a decisive, volume-backed breakout above it.

BankNifty Caution: With the BankNifty monthly Put-Call Ratio dropping to a bearish 0.78 and massive Call writing sitting heavily at 60000, the upside looks strictly capped. A “sell-on-rise” strategy remains the safest bet here until the index firmly reclaims the 58000 level.

Midcap & Sensex Strategy: MIDCPNIFTY is hugging its immediate max pain support at 15000, but aggressive Call additions exactly at 15000 suggest writers expect this level to break. Meanwhile, SENSEX traders should watch the 78000 straddle closely; any breakdown below 78000 will quickly accelerate the ongoing long unwinding.

Keep your position sizes strictly managed. The current Open Interest Volume Analysis clearly shows institutional players are building short inventory, so respect the resistance levels and don’t try to catch a falling knife without a strict stop-loss!

Check Previous Day’s NSE & BSE Indices F&O Analysis

FII / FPI trading activity in Capital Market Segment

NSE Derivatives Raw Data

BSE Derivatives Raw Data

Disclaimer

fnodata.com is a financial blog providing research-based data and analysis. The content creator of the fnodata.com is not a SEBI registered Investment Advisor. The content on this blog is for informational purposes only and should not be considered as investment advice. You are responsible for your own investment decisions. You should consult with a financial advisor or conduct your own research before making any investment decisions.


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