NSE & BSE Indices Futures and Options Open Interest Volume Analysis for 6/08/2025

The Open Interest Volume Analysis for 6th August 2025 highlights a continuation of cautious trading and a renewal of short positions across Indian market indices as expiry approaches. Nifty July futures slipped 0.3% to 24,634.90, with open interest nudging up by 0.5% on the back of fresh short build-up and a modest rise in premium—pointing to traders expecting more pressure ahead. Weekly options data confirms this defensive stance: the Put-Call Ratio (OI) fell to just 0.60 as sellers ramped up call writing at the 25,000 strike, while put support moved lower to 24,500. Max pain is anchored at 24,600, suggesting settlement gravitates toward this level unless there’s a surprise move. The monthly options put-call ratio bounced slightly to 0.99 but still shows heavier call open interests at 25,000, capping upside and leaving strong resistance overhead.

Across other key indices, BankNifty held marginal gains but saw 1.8% OI drop, reflecting some short covering after prior selling, yet the PCR remains below 0.80 and new calls keep building at 57,000. FINNIFTY continues to see weakness, marked by a 9.7% jump in OI driven by fresh shorts and a significant collapse in its put-call ratio to 0.66—clear signals that the financial segment is under pressure. MIDCPNIFTY futures also fell and OI expanded by 1.6%, confirming the arrival of new shorts and less appetite for buying risk in the midcap space. SENSEX saw another day of price slippage and almost a 10% OI spike, with the lowest PCR among the indices (0.62) as heavy call writing dominates.

NSE & BSE F&O Market Signals

NIFTY AUGUST Future

NIFTY Spot closed at: 24,574.20 (-0.31%)

NIFTY AUGUST Future closed at: 24,634.90 (-0.30%)

Premium: 60.7 (Increased by 2.45 points)

Open Interest Change: 0.5%

Volume Change: -2.5%

Open Interest Analysis: Fresh Short

NIFTY Weekly Expiry (7/08/2025) Option Analysis

Put-Call Ratio (Open Interest): 0.603 (Decreased from 0.721)

Put-Call Ratio (Volume): 0.986

Max Pain Level: 24600

Maximum CALL Open Interest: 25000

Maximum PUT Open Interest: 24000

Highest CALL Addition: 25000

Highest PUT Addition: 24550

NIFTY Monthly Expiry (28/08/2025) Option Analysis

Put-Call Ratio (Open Interest): 0.987 (Increased from 0.974)

Put-Call Ratio (Volume): 0.865

Max Pain Level: 25000

Maximum CALL Open Interest: 25000

Maximum PUT Open Interest: 24000

Highest CALL Addition: 24600

Highest PUT Addition: 24500

BANKNIFTY AUGUST Future

BANKNIFTY Spot closed at: 55,411.15 (0.09%)

BANKNIFTY AUGUST Future closed at: 55,580.80 (0.07%)

Premium: 169.65 (Decreased by -9.3 points)

Open Interest Change: -1.8%

Volume Change: -4.8%

Open Interest Analysis: Short Covering

BANKNIFTY Monthly Expiry  (28/08/2025) Option Analysis

Put-Call Ratio (Open Interest): 0.774 (Decreased from 0.786)

Put-Call Ratio (Volume): 0.830

Max Pain Level: 56000

Maximum CALL Open Interest: 57000

Maximum PUT Open Interest: 57000

Highest CALL Addition: 57000

Highest PUT Addition: 54000

FINNIFTY AUGUST Future

FINNIFTY Spot closed at: 26,371.15 (-0.01%)

FINNIFTY AUGUST Future closed at: 26,454.40 (0.00%)

Premium:  83.25 (Increased by 1.65 points)

Open Interest Change: 9.7%

Volume Change: 19.6%

Open Interest Analysis: Fresh Short

FINNIFTY Monthly Expiry  (28/08/2025) Option Analysis

Put-Call Ratio (Open Interest): 0.663 (Decreased from 0.715)

Put-Call Ratio (Volume): 0.429

Max Pain Level: 26500

Maximum CALL Open Interest: 27000

Maximum PUT Open Interest: 26000

Highest CALL Addition: 26800

Highest PUT Addition: 23500

MIDCPNIFTY AUGUST Future

MIDCPNIFTY Spot closed at: 12,636.40 (-0.98%)

MIDCPNIFTY AUGUST Future closed at: 12,678.00 (-0.89%)

Premium: 41.6 (Increased by 10.5 points)

Open Interest Change: 1.6%

Volume Change: -12.5%

Open Interest Analysis: Fresh Short

MIDCPNIFTY Monthly Expiry  (28/08/2025) Option Analysis

Put-Call Ratio (Open Interest): 0.934 (Decreased from 1.160)

Put-Call Ratio (Volume): 0.837

Max Pain Level: 12800

Maximum CALL Open Interest: 13000

Maximum PUT Open Interest: 12000

Highest CALL Addition: 13000

Highest PUT Addition: 12600

SENSEX Weekly Expiry (12/08/2025) Future

SENSEX Spot closed at: 80,543.99 (-0.21%)

SENSEX Weekly Future closed at: 80,608.20 (-0.26%)

Premium: 64.21 (Decreased by -42.99 points)

Open Interest Change: 9.3%

Volume Change: -8.0%

Open Interest Analysis: Fresh Short

SENSEX Weekly Expiry (12/08/2025) Option Analysis

Put-Call Ratio (OI): 0.625 (Decreased from 0.943)

Put-Call Ratio (Volume): 1.011

Max Pain Level: 80600

Maximum CALL OI: 83000

Maximum PUT OI: 78000

Highest CALL Addition: 83500

Highest PUT Addition: 76000

FII & DII Cash Market Activity

FIIs Net SELL: ₹ 4,999.10 Cr
DIIs Net BUY: ₹ 6,794.28 Cr

FII Derivatives Activity

FII Trading Stats	6.08.25	5.08.25	4.08.25
FII Cash (Provisional Data)	-4,999.10	-22.48	-2,566.51
Index Future Open Interest Long Ratio	8.58%	8.42%	9.00%
Index Future Volume Long Ratio	53.88%	28.82%	52.59%
Call Option Open Interest Long Ratio	46.88%	47.20%	46.31%
Call Option Volume Long Ratio	49.88%	50.10%	50.39%
Put Option Open Interest Long Ratio	66.33%	63.75%	63.06%
Put Option Volume Long Ratio	50.53%	50.36%	49.60%
Stock Future Open Interest Long Ratio	61.94%	62.18%	62.59%
Stock Future Volume Long Ratio	47.92%	46.07%	54.18%
Index Futures	Short Covering	Fresh Short	Fresh Long
Index Options	Fresh Long	Fresh Long	Fresh Short
Nifty Futures	Long Covering	Fresh Short	Short Covering
Nifty Options	Fresh Long	Fresh Long	Fresh Short
BankNifty Futures	Short Covering	Fresh Short	Fresh Short
BankNifty Options	Fresh Short	Fresh Long	Fresh Short
FinNifty Futures	Fresh Long	Long Covering	Fresh Long
FinNifty Options	Fresh Short	Fresh Short	Fresh Short
MidcpNifty Futures	Fresh Short	Fresh Short	Fresh Long
MidcpNifty Options	Fresh Short	Fresh Short	Fresh Long
NiftyNxt50 Futures	Short Covering	Fresh Short	Fresh Short
NiftyNxt50 Options	Long Covering	Long Covering	Fresh Long
Stock Futures	Long Covering	Long Covering	Fresh Long
Stock Options	Fresh Short	Fresh Long	Fresh Short

NSE & BSE Option market Trends : Options Insights

NIFTY Weekly Expiry (7/08/2025)

The NIFTY index closed at 24574.2. The NIFTY weekly expiry for AUGUST 7, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 0.603 against previous 0.721. The 25000CE option holds the maximum open interest, followed by the 24700CE and 24800CE options. Market participants have shown increased interest with significant open interest additions in the 25000CE option, with open interest additions also seen in the 24600CE and 24700CE options. On the other hand, open interest reductions were prominent in the 26500CE, 24650PE, and 23500PE options. Trading volume was highest in the 24600PE option, followed by the 24600CE and 24700CE options, indicating active trading in these strikes.

NIFTY	Weekly	Expiry:	07-08-2025
Index Spot	PCR OI	Prev PCR OI	PCR VOL
24,574.20	0.603	0.721	0.986
Total Open Interest Change in all CALLs & PUTs:
	Current	Prior	Net Ch
CALL:	19,78,87,050	16,90,34,400	2,88,52,650
PUT:	11,93,83,125	12,19,11,225	-25,28,100
Top CALL Open Interest:
Strike	OI	OI Change	Volume
25,000	1,83,46,725	50,38,725	25,37,125
24,700	1,41,08,700	39,61,800	57,53,965
Top CALL Open Interest addition:
Strike	OI	OI Change	Volume
25,000	1,83,46,725	50,38,725	25,37,125
24,600	1,14,65,175	48,33,450	68,09,961
Top CALL Open Interest reduction:
Strike	OI	OI Change	Volume
26,500	25,17,450	-18,38,250	1,34,930
25,600	42,56,250	-12,27,000	3,53,954
Top CALL Volume:
Strike	OI	OI Change	Volume
24,600	1,14,65,175	48,33,450	68,09,961
24,700	1,41,08,700	39,61,800	57,53,965
Top PUT Open Interest:
Strike	OI	OI Change	Volume
24,000	1,05,25,050	13,29,975	13,86,680
24,600	83,42,700	-5,49,975	80,80,224
Top PUT Open Interest addition:
Strike	OI	OI Change	Volume
24,550	52,08,900	19,24,125	52,02,067
24,000	1,05,25,050	13,29,975	13,86,680
Top PUT Open Interest reduction:
Strike	OI	OI Change	Volume
24,650	23,54,550	-17,80,500	40,62,735
23,500	61,09,500	-17,39,025	4,58,793
Top PUT Volume:
Strike	OI	OI Change	Volume
24,600	83,42,700	-5,49,975	80,80,224
24,500	81,03,675	-3,59,850	56,82,354

SENSEX Weekly Expiry (12/08/2025)

The SENSEX index closed at 80543.99. The SENSEX weekly expiry for AUGUST 5, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 0.625 against previous 0.943. The 83000CE option holds the maximum open interest, followed by the 83500CE and 82500CE options. Market participants have shown increased interest with significant open interest additions in the 83500CE option, with open interest additions also seen in the 83000CE and 82500CE options. On the other hand, open interest reductions were prominent in the 90000CE, 78500PE, and 81500PE options. Trading volume was highest in the 80500PE option, followed by the 80600PE and 80700PE options, indicating active trading in these strikes.

SENSEX	Weekly	Expiry:	12-08-2025
Index Spot	PCR OI	Prev PCR OI	PCR VOL
80543.99	0.625	0.943	1.011
Total Open Interest Change in all CALLs & PUTs:
	Current	Prior	Net Ch
CALL:	85,39,680	28,48,220	56,91,460
PUT:	53,35,020	26,86,649	26,48,371
Top CALL Open Interest:
Strike	OI	OI Change	Volume
83000	5,95,240	3,85,740	67,60,040
83500	5,57,440	4,24,160	39,97,600
Top CALL Open Interest addition:
Strike	OI	OI Change	Volume
83500	5,57,440	4,24,160	39,97,600
83000	5,95,240	3,85,740	67,60,040
Top CALL Open Interest reduction:
Strike	OI	OI Change	Volume
90000	23,920	-15,040	2,01,520
76000	1,460	-40	200
Top CALL Volume:
Strike	OI	OI Change	Volume
81000	5,17,260	2,51,200	1,07,06,560
80700	2,46,260	1,75,880	97,97,540
Top PUT Open Interest:
Strike	OI	OI Change	Volume
78000	4,15,480	1,22,540	42,94,900
80500	3,63,640	1,37,780	1,40,97,780
Top PUT Open Interest addition:
Strike	OI	OI Change	Volume
76000	3,03,020	1,94,560	17,46,080
77000	2,72,100	1,70,100	30,31,760
Top PUT Open Interest reduction:
Strike	OI	OI Change	Volume
78500	1,73,420	-14,460	29,18,260
81500	84,660	-5,600	2,97,180
Top PUT Volume:
Strike	OI	OI Change	Volume
80500	3,63,640	1,37,780	1,40,97,780
80600	1,56,360	97,960	1,23,96,400

NIFTY Monthly Expiry (28/08/2025)

The NIFTY index closed at 24574.2. The NIFTY monthly expiry for AUGUST 28, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 0.987 against previous 0.974. The 25000CE option holds the maximum open interest, followed by the 26000CE and 24000PE options. Market participants have shown increased interest with significant open interest additions in the 24500PE option, with open interest additions also seen in the 24600PE and 24600CE options. On the other hand, open interest reductions were prominent in the 23500PE, 25800CE, and 25500CE options. Trading volume was highest in the 25000CE option, followed by the 24500PE and 24000PE options, indicating active trading in these strikes.

NIFTY	Monthly	Expiry:	28-08-2025
Index Spot	PCR OI	Prev PCR OI	PCR VOL
24,574.20	0.987	0.974	0.865
Total Open Interest Change in all CALLs & PUTs:
	Current	Prior	Net Ch
CALL:	3,86,58,225	3,80,69,850	5,88,375
PUT:	3,81,42,750	3,70,79,925	10,62,825
Top CALL Open Interest:
Strike	OI	OI Change	Volume
25,000	59,40,075	1,18,575	70,046
26,000	45,40,125	-28,050	27,823
Top CALL Open Interest addition:
Strike	OI	OI Change	Volume
24,600	7,75,350	2,84,625	28,994
24,500	9,62,250	1,25,925	26,409
Top CALL Open Interest reduction:
Strike	OI	OI Change	Volume
25,800	7,19,625	-1,86,975	16,686
25,500	39,22,425	-1,82,025	42,711
Top CALL Volume:
Strike	OI	OI Change	Volume
25,000	59,40,075	1,18,575	70,046
25,500	39,22,425	-1,82,025	42,711
Top PUT Open Interest:
Strike	OI	OI Change	Volume
24,000	39,82,275	48,300	50,241
24,500	35,06,850	9,33,375	65,949
Top PUT Open Interest addition:
Strike	OI	OI Change	Volume
24,500	35,06,850	9,33,375	65,949
24,600	11,91,450	3,07,875	42,783
Top PUT Open Interest reduction:
Strike	OI	OI Change	Volume
23,500	12,89,250	-2,21,550	28,231
24,100	4,93,875	-1,33,425	13,110
Top PUT Volume:
Strike	OI	OI Change	Volume
24,500	35,06,850	9,33,375	65,949
24,000	39,82,275	48,300	50,241

BANKNIFTY Monthly Expiry (28/08/2025)

The BANKNIFTY index closed at 55411.15. The BANKNIFTY monthly expiry for AUGUST 28, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 0.774 against previous 0.786. The 57000CE option holds the maximum open interest, followed by the 57000PE and 56000CE options. Market participants have shown increased interest with significant open interest additions in the 54000PE option, with open interest additions also seen in the 55500PE and 57000CE options. On the other hand, open interest reductions were prominent in the 51500PE, 52000PE, and 57500CE options. Trading volume was highest in the 55500CE option, followed by the 55500PE and 56000CE options, indicating active trading in these strikes.

BANKNIFTY	Monthly	Expiry:	28-08-2025
Index Spot	PCR OI	Prev PCR OI	PCR VOL
55,411.15	0.774	0.786	0.830
Total Open Interest Change in all CALLs & PUTs:
	Current	Prior	Net Ch
CALL:	1,53,73,365	1,47,08,339	6,65,026
PUT:	1,18,97,760	1,15,57,840	3,39,920
Top CALL Open Interest:
Strike	OI	OI Change	Volume
57,000	22,30,795	71,260	95,209
56,000	12,13,730	-27,860	1,47,413
Top CALL Open Interest addition:
Strike	OI	OI Change	Volume
57,000	22,30,795	71,260	95,209
65,000	2,76,325	63,420	9,567
Top CALL Open Interest reduction:
Strike	OI	OI Change	Volume
57,500	6,47,255	-53,970	56,616
60,000	7,20,020	-34,650	23,256
Top CALL Volume:
Strike	OI	OI Change	Volume
55,500	7,59,675	15,645	1,81,869
56,000	12,13,730	-27,860	1,47,413
Top PUT Open Interest:
Strike	OI	OI Change	Volume
57,000	13,84,775	-4,235	4,703
56,000	9,61,275	-15,540	35,038
Top PUT Open Interest addition:
Strike	OI	OI Change	Volume
54,000	9,08,915	1,03,320	66,838
55,500	7,77,770	76,195	1,71,121
Top PUT Open Interest reduction:
Strike	OI	OI Change	Volume
51,500	2,22,355	-1,32,615	24,599
52,000	4,73,865	-76,895	37,114
Top PUT Volume:
Strike	OI	OI Change	Volume
55,500	7,77,770	76,195	1,71,121
55,400	1,86,410	60,270	1,34,545

FINNIFTY Monthly Expiry (28/08/2025)

The FINNIFTY index closed at 26371.15. The FINNIFTY monthly expiry for AUGUST 28, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 0.663 against previous 0.715. The 27000CE option holds the maximum open interest, followed by the 26800CE and 26500CE options. Market participants have shown increased interest with significant open interest additions in the 26800CE option, with open interest additions also seen in the 26400CE and 23500PE options. On the other hand, open interest reductions were prominent in the 27500CE, 26000PE, and 26700PE options. Trading volume was highest in the 26800CE option, followed by the 26400CE and 27000CE options, indicating active trading in these strikes.

FINNIFTY	Monthly	Expiry:	28-08-2025
Index Spot	PCR OI	Prev PCR OI	PCR VOL
26,371.15	0.663	0.715	0.429
Total Open Interest Change in all CALLs & PUTs:
	Current	Prior	Net Ch
CALL:	8,01,450	6,48,830	1,52,620
PUT:	5,31,375	4,64,230	67,145
Top CALL Open Interest:
Strike	OI	OI Change	Volume
27,000	1,39,425	6,240	6,293
26,800	1,20,900	41,080	19,351
Top CALL Open Interest addition:
Strike	OI	OI Change	Volume
26,800	1,20,900	41,080	19,351
26,400	52,000	31,785	6,759
Top CALL Open Interest reduction:
Strike	OI	OI Change	Volume
27,500	51,805	-8,515	2,592
29,500	1,625	-845	59
Top CALL Volume:
Strike	OI	OI Change	Volume
26,800	1,20,900	41,080	19,351
26,400	52,000	31,785	6,759
Top PUT Open Interest:
Strike	OI	OI Change	Volume
26,000	73,385	-2,340	3,067
26,500	55,965	6,825	1,437
Top PUT Open Interest addition:
Strike	OI	OI Change	Volume
23,500	40,040	18,980	494
24,800	25,675	10,205	187
Top PUT Open Interest reduction:
Strike	OI	OI Change	Volume
26,000	73,385	-2,340	3,067
26,700	11,310	-1,430	188
Top PUT Volume:
Strike	OI	OI Change	Volume
26,400	21,515	7,475	4,718
26,350	10,400	-195	3,187

MIDCPNIFTY Monthly Expiry (28/08/2025)

The MIDCPNIFTY index closed at 12636.4. The MIDCPNIFTY monthly expiry for AUGUST 28, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 0.934 against previous 1.160. The 12000PE option holds the maximum open interest, followed by the 13000CE and 12500PE options. Market participants have shown increased interest with significant open interest additions in the 13000CE option, with open interest additions also seen in the 12900CE and 12650CE options. On the other hand, open interest reductions were prominent in the 64600CE, 64600CE, and 64600CE options. Trading volume was highest in the 13000CE option, followed by the 12700CE and 12700PE options, indicating active trading in these strikes.

MIDCPNIFTY	Monthly	Expiry:	28-08-2025
Index Spot	PCR OI	Prev PCR OI	PCR VOL
12,636.40	0.934	1.160	0.837
Total Open Interest Change in all CALLs & PUTs:
	Current	Prior	Net Ch
CALL:	50,19,420	38,62,180	11,57,240
PUT:	46,88,460	44,81,540	2,06,920
Top CALL Open Interest:
Strike	OI	OI Change	Volume
13,000	6,99,860	2,35,760	21,821
13,500	4,98,540	-980	8,054
Top CALL Open Interest addition:
Strike	OI	OI Change	Volume
13,000	6,99,860	2,35,760	21,821
12,900	2,37,580	1,04,020	6,765
Top CALL Open Interest reduction:
Strike	OI	OI Change	Volume
12,750	1,01,780	-28,140	5,005
13,900	60,620	-4,200	287
Top CALL Volume:
Strike	OI	OI Change	Volume
13,000	6,99,860	2,35,760	21,821
12,700	2,24,560	94,640	17,631
Top PUT Open Interest:
Strike	OI	OI Change	Volume
12,000	7,77,420	13,440	9,687
12,500	5,89,400	-68,740	12,171
Top PUT Open Interest addition:
Strike	OI	OI Change	Volume
12,600	1,30,480	47,600	13,156
12,650	69,160	38,500	9,496
Top PUT Open Interest reduction:
Strike	OI	OI Change	Volume
12,500	5,89,400	-68,740	12,171
12,750	42,140	-52,360	3,173
Top PUT Volume:
Strike	OI	OI Change	Volume
12,700	1,99,780	13,300	15,939
12,600	1,30,480	47,600	13,156

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

This session’s Open Interest Volume Analysis delivers a clear message: bears remain in control, with shorts gaining ground at every bounce and options data making further downside the path of least resistance. In Nifty, the 24,600–24,650 band acts as a pivot for settlement; if spot falls below this support, traders should brace for a quick drop toward 24,500 or even lower, as option sellers and put writers clear out. Upside rallies will face selling at 25,000 due to thick call open interest, so bulls should avoid chasing unless a breakout is confirmed on high volume. On BankNifty and FINNIFTY, the technical setup still leans bearish, supporting strategies like bear call spreads or protective puts. For midcaps, look for selective opportunities only if open interest drops and price stabilizes around support. Let this Open Interest Volume Analysis guide your stance: trade in sync with data, keep risk tight, and prioritize quick, tactical plays while the market remains range-bound and sellers keep the upper hand.

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

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