Turning Complex Derivative Data into Clear Market Insights
NSE & BSE Indices Futures and Options Open Interest Volume Analysis for 7/11/2025

Table of Contents
NIFTY’s Open Interest Volume Analysis flags aggressive fresh short buildup: Combined open interest jumps 5.4% while price stays soft, confirming repeated short-side attempts across November and December futures.
Near- and far-month contracts echo the bearish signal: Open interest rises 5% to 10% in both November and December, paired with declining premiums and no price lift—classic conditions for persistent shorting.
Options sentiment offers mild support at max pain: Weekly PCR rises to 0.884 (from 0.627), suggesting some put writing, but monthly PCR slips under 1, showing call writers still dominate.
Max pain and option additions tighten support-resistance zones: Most active strikes and highest additions cluster at 25500–25800; open interest now defines a trading range where sellers retain control on rallies.
Volatility and volume spike: Surge in combined futures volume (+52.9%) amplifies the conviction behind fresh shorts—institutions are committing real capital to the trade.
NSE & BSE F&O Market Signals
NIFTY Future analysis
NIFTY Spot closed at: 25492.3 (-0.1%)
Combined = November + December + January
Combined Fut Open Interest Change: 5.4%
Combined Fut Volume Change: 52.9%
Combined Fut Open Interest Analysis: Fresh Short
Rollover: 8% Previous 8%
NIFTY NOVEMBER Future closed at: 25589.2 (-0.1%)
November Fut Premium 96.9 (Decreased by -20.6 points)
November Fut Open Interest Change: 5.0%
November Fut Volume Change: 52.9%
November Fut Open Interest Analysis: Fresh Short
NIFTY DECEMBER Future closed at: 25780.2 (-0.1%)
December Fut Premium 287.9 (Decreased by -9.5 points)
December Fut Open Interest Change: 10.6%
December Fut Volume Change: 53.3%
December Fut Open Interest Analysis: Fresh Short
NIFTY Weekly Expiry (11/11/2025) Option Analysis
Put-Call Ratio (Open Interest): 0.884 (Increased from 0.627)
Put-Call Ratio (Volume): 0.933
Max Pain Level: 25500
Maximum CALL Open Interest: 26000
Maximum PUT Open Interest: 25300
Highest CALL Addition: 25500
Highest PUT Addition: 25300
NIFTY Monthly Expiry (25/11/2025) Option Analysis
Put-Call Ratio (Open Interest): 0.952 (Decreased from 1.045)
Put-Call Ratio (Volume): 0.846
Max Pain Level: 25800
Maximum CALL Open Interest: 26000
Maximum PUT Open Interest: 25000
Highest CALL Addition: 26000
Highest PUT Addition: 25200
BANKNIFTY Future Analysis
BANKNIFTY Spot closed at: 57876.8 (0.6%)
Combined = November + December + January
Combined Fut Open Interest Change: -1.7%
Combined Fut Volume Change: 78.6%
Combined Fut Open Interest Analysis: Short Covering
Rollover: 9% Previous 9%
BANKNIFTY NOVEMBER Future closed at: 58181.6 (0.5%)
November Fut Premium 304.8 (Decreased by -27.75 points)
November Fut Open Interest Change: -1.6%
November Fut Volume Change: 77.8%
November Fut Open Interest Analysis: Short Covering
BANKNIFTY DECEMBER Future closed at: 58541 (0.5%)
December Fut Premium 664.2 (Decreased by -35.55 points)
December Fut Open Interest Change: -6.0%
December Fut Volume Change: 73.5%
December Fut Open Interest Analysis: Short Covering
BANKNIFTY Monthly Expiry (25/11/2025) Option Analysis
Put-Call Ratio (Open Interest): 0.911 (Increased from 0.781)
Put-Call Ratio (Volume): 0.931
Max Pain Level: 58000
Maximum CALL Open Interest: 58000
Maximum PUT Open Interest: 58000
Highest CALL Addition: 58500
Highest PUT Addition: 58500
FINNIFTY Future Analysis
FINNIFTY Spot closed at: 27238.75 (0.8%)
Combined = November + December + January
Combined Fut Open Interest Change: -6.5%
Combined Fut Volume Change: -10.9%
Combined Fut Open Interest Analysis: Short Covering
Rollover: 3% Previous 2%
FINNIFTY NOVEMBER Future closed at: 27382 (0.7%)
November Fut Premium 143.25 (Decreased by -6.75 points)
November Fut Open Interest Change: -6.8%
November Fut Volume Change: -14.2%
November Fut Open Interest Analysis: Short Covering
FINNIFTY DECEMBER Future closed at: 27550.2 (0.7%)
December Fut Premium 311.45 (Decreased by -3.95 points)
December Fut Open Interest Change: 6.3%
December Fut Volume Change: 150.0%
December Fut Open Interest Analysis: Fresh Long
FINNIFTY Monthly Expiry (25/11/2025) Option Analysis
Put-Call Ratio (Open Interest): 0.911 (Increased from 0.847)
Put-Call Ratio (Volume): 0.641
Max Pain Level: 27300
Maximum CALL Open Interest: 27500
Maximum PUT Open Interest: 25500
Highest CALL Addition: 28500
Highest PUT Addition: 27000
MIDCPNIFTY Future Analysis
MIDCPNIFTY Spot closed at: 13446.75 (0.5%)
Combined = November + December + January
Combined Fut Open Interest Change: 2.7%
Combined Fut Volume Change: 30.5%
Combined Fut Open Interest Analysis: Fresh Long
Rollover: 3% Previous 3%
MIDCPNIFTY NOVEMBER Future closed at: 13472 (0.4%)
November Fut Premium 25.25 (Decreased by -11.8 points)
November Fut Open Interest Change: 2.7%
November Fut Volume Change: 32.6%
November Fut Open Interest Analysis: Fresh Long
MIDCPNIFTY DECEMBER Future closed at: 13533.2 (0.4%)
December Fut Premium 86.45 (Decreased by -12.25 points)
December Fut Open Interest Change: 2.8%
December Fut Volume Change: -4.1%
December Fut Open Interest Analysis: Fresh Long
MIDCPNIFTY Monthly Expiry (25/11/2025) Option Analysis
Put-Call Ratio (Open Interest): 1.033 (Increased from 0.932)
Put-Call Ratio (Volume): 1.103
Max Pain Level: 13450
Maximum CALL Open Interest: 14000
Maximum PUT Open Interest: 13500
Highest CALL Addition: 13800
Highest PUT Addition: 13300
SENSEX Monthly Expiry (27/11/2025) Future
SENSEX Spot closed at: 83,216.28 (-0.11%)
SENSEX Monthly Future closed at: 83,663.30 (-0.15%)
Premium: 447.02 (Decreased by -32.07 points)
Open Interest Change: 3.9%
Volume Change: -21.4%
Open Interest Analysis: Fresh Short
SENSEX Weekly Expiry (13/11/2025) Option Analysis
Put-Call Ratio (OI): 1.123 (Increased from 0.706)
Put-Call Ratio (Volume): 0.974
Max Pain Level: 83300
Maximum CALL OI: 87000
Maximum PUT OI: 82000
Highest CALL Addition: 83000
Highest PUT Addition: 78000
FII & DII Cash Market Activity
FIIs Net BUY: ₹ 4,581.34 Cr.
DIIs Net BUY: ₹ 6,674.77 Cr.
FII Derivatives Activity
| FII Trading Stats | 7.11.25 | 6.11.25 | 4.11.25 |
| FII Cash (Provisional Data) | 4,581.34 | -3,263.21 | -1,067.01 |
| Index Future Open Interest Long Ratio | 13.22% | 14.29% | 15.22% |
| Index Future Volume Long Ratio | 33.16% | 44.57% | 38.66% |
| Call Option Open Interest Long Ratio | 50.55% | 48.94% | 50.80% |
| Call Option Volume Long Ratio | 50.19% | 49.71% | 50.33% |
| Put Option Open Interest Long Ratio | 62.66% | 63.55% | 66.55% |
| Put Option Volume Long Ratio | 50.18% | 50.01% | 50.76% |
| Stock Future Open Interest Long Ratio | 60.51% | 60.76% | 60.91% |
| Stock Future Volume Long Ratio | 48.27% | 49.22% | 44.10% |
| Index Futures | Fresh Short | Long Covering | Fresh Short |
| Index Options | Fresh Long | Fresh Short | Short Covering |
| Nifty Futures | Fresh Short | Long Covering | Fresh Short |
| Nifty Options | Fresh Long | Fresh Short | Short Covering |
| BankNifty Futures | Short Covering | Long Covering | Long Covering |
| BankNifty Options | Fresh Short | Fresh Short | Fresh Long |
| FinNifty Futures | Fresh Long | Fresh Short | Long Covering |
| FinNifty Options | Long Covering | Fresh Short | Fresh Long |
| MidcpNifty Futures | Fresh Short | Fresh Long | Long Covering |
| MidcpNifty Options | Fresh Long | Fresh Short | Short Covering |
| NiftyNxt50 Futures | Fresh Short | Long Covering | Long Covering |
| NiftyNxt50 Options | Fresh Long | Fresh Short | Fresh Long |
| Stock Futures | Fresh Short | Long Covering | Long Covering |
| Stock Options | Fresh Short | Fresh Long | Fresh Long |
Fresh Long: Net Buy with Increase in Open Interest
Fresh Short: Net Sell with Increase in Open Interest
Short Covering: Net Buy with Decrease in Open Interest
Long Covering: Net Sell with Decrease in Open Interest
NSE & BSE Option market Trends : Options Insights
SENSEX Weekly Expiry (13/11/2025)
The SENSEX index closed at 83216.28. The SENSEX weekly expiry for NOVEMBER 13, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 1.123 against previous 0.706. The 87000CE option holds the maximum open interest, followed by the 82000PE and 78000PE options. Market participants have shown increased interest with significant open interest additions in the 78000PE option, with open interest additions also seen in the 82000PE and 83000PE options. On the other hand, open interest reductions were prominent in the 83500PE, 83400PE, and 83800PE options. Trading volume was highest in the 83000PE option, followed by the 82800PE and 83500CE options, indicating active trading in these strikes.
| SENSEX | Weekly | Expiry: | 13-11-2025 |
| Index Spot | PCR OI | Prev PCR OI | PCR VOL |
| 83216.28 | 1.123 | 0.706 | 0.974 |
| Total Open Interest Change in all CALLs & PUTs: | |||
| Current | Prior | Net Ch | |
| CALL: | 81,52,200 | 44,64,540 | 36,87,660 |
| PUT: | 91,58,200 | 31,51,020 | 60,07,180 |
| Top CALL Open Interest: | |||
| Strike | OI | OI Change | Volume |
| 87000 | 6,85,000 | 2,12,500 | 51,54,780 |
| 83500 | 4,88,840 | 95,860 | 1,63,73,140 |
| Top CALL Open Interest addition: | |||
| Strike | OI | OI Change | Volume |
| 83000 | 3,36,140 | 2,56,920 | 1,56,30,440 |
| 87000 | 6,85,000 | 2,12,500 | 51,54,780 |
| Top CALL Open Interest reduction: | |||
| Strike | OI | OI Change | Volume |
| 85800 | 63,640 | -2,540 | 10,20,600 |
| 88400 | 1,460 | -80 | 34,460 |
| Top CALL Volume: | |||
| Strike | OI | OI Change | Volume |
| 83500 | 4,88,840 | 95,860 | 1,63,73,140 |
| 83000 | 3,36,140 | 2,56,920 | 1,56,30,440 |
| Top PUT Open Interest: | |||
| Strike | OI | OI Change | Volume |
| 82000 | 5,44,340 | 3,76,900 | 1,02,98,320 |
| 78000 | 5,18,880 | 4,79,580 | 30,12,400 |
| Top PUT Open Interest addition: | |||
| Strike | OI | OI Change | Volume |
| 78000 | 5,18,880 | 4,79,580 | 30,12,400 |
| 82000 | 5,44,340 | 3,76,900 | 1,02,98,320 |
| Top PUT Open Interest reduction: | |||
| Strike | OI | OI Change | Volume |
| 83500 | 3,02,600 | -46,340 | 49,18,960 |
| 83400 | 1,28,640 | -23,400 | 46,48,640 |
| Top PUT Volume: | |||
| Strike | OI | OI Change | Volume |
| 83000 | 4,90,640 | 3,06,520 | 1,99,68,080 |
| 82800 | 3,23,340 | 2,80,860 | 1,64,41,840 |
NIFTY Weekly Expiry (11/11/2025)
The NIFTY index closed at 25492.3. The NIFTY weekly expiry for NOVEMBER 11, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 0.884 against previous 0.627. The 26000CE option holds the maximum open interest, followed by the 25300PE and 25000PE options. Market participants have shown increased interest with significant open interest additions in the 25300PE option, with open interest additions also seen in the 25400PE and 25350PE options. On the other hand, open interest reductions were prominent in the 26050CE, 26300CE, and 25700PE options. Trading volume was highest in the 25400PE option, followed by the 25500CE and 25300PE options, indicating active trading in these strikes.
| NIFTY | Weekly | Expiry: | 11-11-2025 |
| Index Spot | PCR OI | Prev PCR OI | PCR VOL |
| 25,492.30 | 0.884 | 0.627 | 0.933 |
| Total Open Interest Change in all CALLs & PUTs: | |||
| Current | Prior | Net Ch | |
| CALL: | 18,42,03,375 | 18,37,62,075 | 4,41,300 |
| PUT: | 16,28,61,000 | 11,51,90,925 | 4,76,70,075 |
| Top CALL Open Interest: | |||
| Strike | OI | OI Change | Volume |
| 26,000 | 1,50,97,200 | 24,34,275 | 17,71,701 |
| 25,700 | 1,05,92,700 | -1,61,100 | 34,02,606 |
| Top CALL Open Interest addition: | |||
| Strike | OI | OI Change | Volume |
| 25,500 | 83,06,550 | 38,30,550 | 69,84,961 |
| 25,400 | 36,95,250 | 29,93,700 | 49,83,176 |
| Top CALL Open Interest reduction: | |||
| Strike | OI | OI Change | Volume |
| 26,050 | 30,96,450 | -21,44,550 | 7,73,767 |
| 26,300 | 53,05,875 | -15,46,200 | 11,78,374 |
| Top CALL Volume: | |||
| Strike | OI | OI Change | Volume |
| 25,500 | 83,06,550 | 38,30,550 | 69,84,961 |
| 25,400 | 36,95,250 | 29,93,700 | 49,83,176 |
| Top PUT Open Interest: | |||
| Strike | OI | OI Change | Volume |
| 25,300 | 1,19,33,625 | 64,38,150 | 59,71,937 |
| 25,000 | 1,13,05,950 | 26,90,175 | 18,90,283 |
| Top PUT Open Interest addition: | |||
| Strike | OI | OI Change | Volume |
| 25,300 | 1,19,33,625 | 64,38,150 | 59,71,937 |
| 25,400 | 1,06,17,825 | 48,91,050 | 71,38,508 |
| Top PUT Open Interest reduction: | |||
| Strike | OI | OI Change | Volume |
| 25,700 | 14,69,025 | -15,22,650 | 3,77,633 |
| 25,550 | 18,22,125 | -12,42,975 | 18,30,766 |
| Top PUT Volume: | |||
| Strike | OI | OI Change | Volume |
| 25,400 | 1,06,17,825 | 48,91,050 | 71,38,508 |
| 25,300 | 1,19,33,625 | 64,38,150 | 59,71,937 |
NIFTY Monthly Expiry (25/11/2025)
The NIFTY index closed at 25492.3. The NIFTY monthly expiry for NOVEMBER 25, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 0.952 against previous 1.045. The 26000CE option holds the maximum open interest, followed by the 25000PE and 26000PE options. Market participants have shown increased interest with significant open interest additions in the 26000CE option, with open interest additions also seen in the 25500CE and 25200PE options. On the other hand, open interest reductions were prominent in the 25300PE, 25800PE, and 26900CE options. Trading volume was highest in the 26000CE option, followed by the 25000PE and 25500CE options, indicating active trading in these strikes.
| NIFTY | Monthly | Expiry: | 25-11-2025 |
| Index Spot | PCR OI | Prev PCR OI | PCR VOL |
| 25,492.30 | 0.952 | 1.045 | 0.846 |
| Total Open Interest Change in all CALLs & PUTs: | |||
| Current | Prior | Net Ch | |
| CALL: | 4,73,81,025 | 4,36,65,975 | 37,15,050 |
| PUT: | 4,51,26,675 | 4,56,50,100 | -5,23,425 |
| Top CALL Open Interest: | |||
| Strike | OI | OI Change | Volume |
| 26,000 | 72,46,500 | 8,28,525 | 1,46,423 |
| 27,000 | 38,89,350 | 2,325 | 38,709 |
| Top CALL Open Interest addition: | |||
| Strike | OI | OI Change | Volume |
| 26,000 | 72,46,500 | 8,28,525 | 1,46,423 |
| 25,500 | 25,44,600 | 7,97,400 | 1,14,914 |
| Top CALL Open Interest reduction: | |||
| Strike | OI | OI Change | Volume |
| 26,900 | 5,23,275 | -2,42,700 | 15,166 |
| 26,200 | 25,41,150 | -1,86,375 | 55,650 |
| Top CALL Volume: | |||
| Strike | OI | OI Change | Volume |
| 26,000 | 72,46,500 | 8,28,525 | 1,46,423 |
| 25,500 | 25,44,600 | 7,97,400 | 1,14,914 |
| Top PUT Open Interest: | |||
| Strike | OI | OI Change | Volume |
| 25,000 | 46,59,225 | -1,23,300 | 1,27,719 |
| 26,000 | 41,05,800 | -2,35,500 | 26,606 |
| Top PUT Open Interest addition: | |||
| Strike | OI | OI Change | Volume |
| 25,200 | 22,07,475 | 4,78,650 | 44,557 |
| 25,500 | 39,15,750 | 3,58,275 | 1,12,457 |
| Top PUT Open Interest reduction: | |||
| Strike | OI | OI Change | Volume |
| 25,300 | 11,48,925 | -10,42,275 | 65,397 |
| 25,800 | 20,34,900 | -3,06,525 | 28,252 |
| Top PUT Volume: | |||
| Strike | OI | OI Change | Volume |
| 25,000 | 46,59,225 | -1,23,300 | 1,27,719 |
| 25,500 | 39,15,750 | 3,58,275 | 1,12,457 |
BANKNIFTY Monthly Expiry (25/11/2025)
The BANKNIFTY index closed at 57876.8. The BANKNIFTY monthly expiry for NOVEMBER 25, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 0.911 against previous 0.781. The 58000CE option holds the maximum open interest, followed by the 58000PE and 58500CE options. Market participants have shown increased interest with significant open interest additions in the 58500PE option, with open interest additions also seen in the 58500CE and 57500PE options. On the other hand, open interest reductions were prominent in the 57000CE, 58000PE, and 57700CE options. Trading volume was highest in the 58000CE option, followed by the 57500PE and 58000PE options, indicating active trading in these strikes.
| BANKNIFTY | Monthly | Expiry: | 25-11-2025 |
| Index Spot | PCR OI | Prev PCR OI | PCR VOL |
| 57,876.80 | 0.911 | 0.781 | 0.931 |
| Total Open Interest Change in all CALLs & PUTs: | |||
| Current | Prior | Net Ch | |
| CALL: | 1,43,14,755 | 1,46,53,730 | -3,38,975 |
| PUT: | 1,30,38,095 | 1,14,48,010 | 15,90,085 |
| Top CALL Open Interest: | |||
| Strike | OI | OI Change | Volume |
| 58,000 | 15,29,500 | -58,590 | 1,69,406 |
| 58,500 | 13,41,480 | 2,76,395 | 1,22,440 |
| Top CALL Open Interest addition: | |||
| Strike | OI | OI Change | Volume |
| 58,500 | 13,41,480 | 2,76,395 | 1,22,440 |
| 58,800 | 2,39,715 | 45,290 | 21,238 |
| Top CALL Open Interest reduction: | |||
| Strike | OI | OI Change | Volume |
| 57,000 | 5,55,905 | -2,92,985 | 46,130 |
| 57,700 | 1,19,000 | -58,905 | 61,253 |
| Top CALL Volume: | |||
| Strike | OI | OI Change | Volume |
| 58,000 | 15,29,500 | -58,590 | 1,69,406 |
| 58,500 | 13,41,480 | 2,76,395 | 1,22,440 |
| Top PUT Open Interest: | |||
| Strike | OI | OI Change | Volume |
| 58,000 | 15,16,935 | -2,03,210 | 1,46,846 |
| 57,000 | 12,70,290 | 1,71,080 | 1,26,462 |
| Top PUT Open Interest addition: | |||
| Strike | OI | OI Change | Volume |
| 58,500 | 9,66,560 | 5,01,445 | 47,547 |
| 57,500 | 7,33,250 | 1,73,110 | 1,63,167 |
| Top PUT Open Interest reduction: | |||
| Strike | OI | OI Change | Volume |
| 58,000 | 15,16,935 | -2,03,210 | 1,46,846 |
| 57,600 | 1,63,765 | -49,560 | 68,737 |
| Top PUT Volume: | |||
| Strike | OI | OI Change | Volume |
| 57,500 | 7,33,250 | 1,73,110 | 1,63,167 |
| 58,000 | 15,16,935 | -2,03,210 | 1,46,846 |
FINNIFTY Monthly Expiry (25/11/2025)
The FINNIFTY index closed at 27238.75. The FINNIFTY monthly expiry for NOVEMBER 25, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 0.911 against previous 0.847. The 27500CE option holds the maximum open interest, followed by the 28500CE and 25500PE options. Market participants have shown increased interest with significant open interest additions in the 28500CE option, with open interest additions also seen in the 27000PE and 28400CE options. On the other hand, open interest reductions were prominent in the 29000CE, 27300CE, and 26000PE options. Trading volume was highest in the 27300CE option, followed by the 27000PE and 27500CE options, indicating active trading in these strikes.
| FINNIFTY | Monthly | Expiry: | 25-11-2025 |
| Index Spot | PCR OI | Prev PCR OI | PCR VOL |
| 27,238.75 | 0.911 | 0.847 | 0.641 |
| Total Open Interest Change in all CALLs & PUTs: | |||
| Current | Prior | Net Ch | |
| CALL: | 6,67,160 | 7,27,870 | -60,710 |
| PUT: | 6,07,815 | 6,16,200 | -8,385 |
| Top CALL Open Interest: | |||
| Strike | OI | OI Change | Volume |
| 27,500 | 87,880 | -14,755 | 3,595 |
| 28,500 | 86,775 | 47,905 | 1,590 |
| Top CALL Open Interest addition: | |||
| Strike | OI | OI Change | Volume |
| 28,500 | 86,775 | 47,905 | 1,590 |
| 28,400 | 15,470 | 11,180 | 449 |
| Top CALL Open Interest reduction: | |||
| Strike | OI | OI Change | Volume |
| 29,000 | 48,360 | -52,195 | 2,243 |
| 27,300 | 41,925 | -47,255 | 7,672 |
| Top CALL Volume: | |||
| Strike | OI | OI Change | Volume |
| 27,300 | 41,925 | -47,255 | 7,672 |
| 27,500 | 87,880 | -14,755 | 3,595 |
| Top PUT Open Interest: | |||
| Strike | OI | OI Change | Volume |
| 25,500 | 69,615 | 10,140 | 607 |
| 27,000 | 55,835 | 17,940 | 4,329 |
| Top PUT Open Interest addition: | |||
| Strike | OI | OI Change | Volume |
| 27,000 | 55,835 | 17,940 | 4,329 |
| 25,500 | 69,615 | 10,140 | 607 |
| Top PUT Open Interest reduction: | |||
| Strike | OI | OI Change | Volume |
| 26,000 | 37,635 | -34,320 | 1,483 |
| 26,700 | 15,795 | -11,440 | 467 |
| Top PUT Volume: | |||
| Strike | OI | OI Change | Volume |
| 27,000 | 55,835 | 17,940 | 4,329 |
| 27,300 | 29,575 | -2,015 | 1,599 |
MIDCPNIFTY Monthly Expiry (25/11/2025)
The MIDCPNIFTY index closed at 13446.75. The MIDCPNIFTY monthly expiry for NOVEMBER 25, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 1.033 against previous 0.932. The 14000CE option holds the maximum open interest, followed by the 13500CE and 13500PE options. Market participants have shown increased interest with significant open interest additions in the 13300PE option, with open interest additions also seen in the 13100PE and 13400PE options. On the other hand, open interest reductions were prominent in the 70500PE, 70000CE, and 69800CE options. Trading volume was highest in the 13300PE option, followed by the 13400CE and 13000PE options, indicating active trading in these strikes.
| MIDCPNIFTY | Monthly | Expiry: | 25-11-2025 |
| Index Spot | PCR OI | Prev PCR OI | PCR VOL |
| 13,446.75 | 1.033 | 0.932 | 1.103 |
| Total Open Interest Change in all CALLs & PUTs: | |||
| Current | Prior | Net Ch | |
| CALL: | 66,54,200 | 65,73,280 | 80,920 |
| PUT: | 68,72,880 | 61,27,100 | 7,45,780 |
| Top CALL Open Interest: | |||
| Strike | OI | OI Change | Volume |
| 14,000 | 9,88,540 | -85,960 | 13,379 |
| 13,500 | 7,61,180 | 29,820 | 17,007 |
| Top CALL Open Interest addition: | |||
| Strike | OI | OI Change | Volume |
| 13,800 | 4,05,300 | 84,420 | 9,768 |
| 13,400 | 5,40,960 | 68,460 | 18,500 |
| Top CALL Open Interest reduction: | |||
| Strike | OI | OI Change | Volume |
| 14,000 | 9,88,540 | -85,960 | 13,379 |
| 14,400 | 2,25,820 | -45,360 | 2,377 |
| Top CALL Volume: | |||
| Strike | OI | OI Change | Volume |
| 13,400 | 5,40,960 | 68,460 | 18,500 |
| 13,500 | 7,61,180 | 29,820 | 17,007 |
| Top PUT Open Interest: | |||
| Strike | OI | OI Change | Volume |
| 13,500 | 7,31,080 | 49,280 | 9,041 |
| 13,400 | 7,25,900 | 93,940 | 16,652 |
| Top PUT Open Interest addition: | |||
| Strike | OI | OI Change | Volume |
| 13,300 | 7,00,980 | 2,18,120 | 22,040 |
| 13,100 | 3,93,680 | 1,07,380 | 5,544 |
| Top PUT Open Interest reduction: | |||
| Strike | OI | OI Change | Volume |
| 13,000 | 6,25,800 | -1,45,600 | 17,468 |
| 12,200 | 1,00,660 | -12,600 | 1,111 |
| Top PUT Volume: | |||
| Strike | OI | OI Change | Volume |
| 13,300 | 7,00,980 | 2,18,120 | 22,040 |
| 13,000 | 6,25,800 | -1,45,600 | 17,468 |
Conclusion: What the NSE & BSE Indices Futures and Options Open Interest Volume Analysis Tells Us
Conclusion: What the NSE & BSE Indices Futures and Options Open Interest Volume Analysis Tells Us
Bearish bias holds firm across the index complex: Open Interest Volume Analysis across NIFTY, SENSEX, and BANKNIFTY reflects a consistent short-heavy environment, with only selective signs of short covering in financials and midcaps.
Actionable feedback for traders: Short rallies against max pain zones (25500–25800) and respect signal from low monthly PCR—avoid premature long bets until sustained short unwinding appears in OI and PCR climbs above 1.
Sector cues for rotation: If FINNIFTY volume stabilizes and open interest turns positive, shift focus to possible rebounds in banking and finance; for now, stick to defensive, tactical profit-taking.
Risk management: Use option max pain and volume spikes for setting stops and targets; with volatility up, avoid oversized positions.
Stay tactical: Open Interest Volume Analysis keeps favoring a defensive posture and quick trade setups—wait for a decisive shift before assuming trend reversal.
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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