Critical F&O Market Trends: Is the Nifty Slide a Buying Opportunity or a Warning?

The F&O market trends on 12th June 2025 revealed heightened bearish momentum as Nifty futures plunged 1.09% to 24,937.40, with spot closing below 24,900 (-1.01%) amid aggressive call writing at 26,000 and a PCR (OI) crash to 0.666. BankNifty futures mirrored the selloff, dropping 0.67% to 56,269.60, while MIDCPNIFTY’s 1.60% slump signaled broad-based profit-booking. Nifty’s premium erosion (-21.1 points) and max pain shift to 24,900 highlighted institutional caution. With FIIs net short and sectoral rotations intensifying, let’s decode whether these F&O market trends signal a tactical dip or a deeper correction.

NSE & BSE F&O Market Trends

NIFTY JUNE Future

NIFTY Spot closed at: 24,888.20 (-1.01%)

NIFTY JUNE Future closed at: 24,937.40 (-1.09%)

Premium: 49.2 (Decreased by -21.1 points)

Open Interest Change: -0.1%

Volume Change: 91.6%

NIFTY Weekly Expiry (19/06/2025) Option Analysis

Put-Call Ratio (OI): 0.666 (Decreased from 0.854)

Put-Call Ratio (Volume): 0.856

Max Pain Level: 24900

Maximum CALL OI: 26000

Maximum PUT OI: 24000

Highest CALL Addition: 26000

Highest PUT Addition: 22800

NIFTY Monthly Expiry (26/06/2025) Option Analysis

Put-Call Ratio (OI): 1.042 (Decreased from 1.131)

Put-Call Ratio (Volume): 0.939

Max Pain Level: 24950

Maximum CALL OI: 26000

Maximum PUT OI: 24500

Highest CALL Addition: 30000

Highest PUT Addition: 24200

BANKNIFTY JUNE Future

BANKNIFTY Spot closed at: 56,082.55 (-0.67%)

BANKNIFTY JUNE Future closed at: 56,269.60 (-0.67%)

Premium: 187.05 (Decreased by -1.8 points)

Open Interest Change: -2.6%

Volume Change: 30.1%

BANKNIFTY Monthly Expiry (26/06/2025) Option Analysis

Put-Call Ratio (OI): 0.779 (Decreased from 0.920)

Put-Call Ratio (Volume): 1.042

Max Pain Level: 56000

Maximum CALL OI: 56000

Maximum PUT OI: 56000

Highest CALL Addition: 60000

Highest PUT Addition: 53100

FINNIFTY JUNE Future

FINNIFTY Spot closed at: 26,579.90 (-0.78%)

FINNIFTY JUNE Future closed at: 26,671.10 (-0.81%)

Premium:  91.2 (Decreased by -8.75 points)

Open Interest Change: -2.4%

Volume Change: 13.0%

FINNIFTY Monthly Expiry (26/06/2025) Option Analysis

Put-Call Ratio (OI): 0.653 (Decreased from 0.769)

Put-Call Ratio (Volume): 0.783

Max Pain Level: 26700

Maximum CALL OI: 27000

Maximum PUT OI: 25000

Highest CALL Addition: 28500

Highest PUT Addition: 24500

MIDCPNIFTY JUNE Future

MIDCPNIFTY Spot closed at: 13,036.30 (-1.52%)

MIDCPNIFTY JUNE Future closed at: 13,062.35 (-1.60%)

Premium: 26.05 (Decreased by -10.8 points)

Open Interest Change: -4.0%

Volume Change: 28.1%

MIDCPNIFTY Monthly Expiry (26/06/2025) Option Analysis

Put-Call Ratio (OI): 0.942 (Decreased from 1.052)

Put-Call Ratio (Volume): 0.913

Max Pain Level: 13000

Maximum CALL OI: 14000

Maximum PUT OI: 13000

Highest CALL Addition: 14200

Highest PUT Addition: 13000

SENSEX Weekly Expiry (17/06/2025) Future

SENSEX Spot closed at: 81,691.98 (-1.00%)

SENSEX Weekly Future closed at: 81,721.80 (-1.05%)

Premium: 29.82 (Decreased by -45.24 points)

Open Interest Change: -5.5%

Volume Change: 83.2%

SENSEX Weekly Expiry (17/06/2025) Option Analysis

Put-Call Ratio (OI): 0.507 (Decreased from 0.713)

Put-Call Ratio (Volume): 1.036

Max Pain Level: 82000

Maximum CALL OI: 85000

Maximum PUT OI: 79000

Highest CALL Addition: 85000

Highest PUT Addition: 79000

FII & DII Cash Market Activity

FIIs Net SELL: ₹ 3,831.42 Cr
DIIs Net Buy: ₹ 9,393.85 Cr

FII Derivatives Activity

FII Trading Stats	12.06.25	11.06.25	10.06.25
FII Cash (Provisional Data)	-3,831.42	-446.31	2,301.87
Index Future Open Interest Long Ratio	19.56%	22.17%	19.97%
Index Future Volume Long Ratio	37.82%	60.99%	55.96%
Call Option Open Interest Long Ratio	59.83%	61.34%	55.18%
Call Option Volume Long Ratio	49.83%	51.07%	49.94%
Put Option Open Interest Long Ratio	62.95%	63.41%	57.43%
Put Option Volume Long Ratio	50.04%	51.10%	50.27%
Stock Future Open Interest Long Ratio	62.48%	63.40%	63.51%
Stock Future Volume Long Ratio	42.40%	48.51%	46.11%
Index Futures	Fresh Short	Fresh Long	Short Covering
Index Options	Long Covering	Fresh Long	Fresh Long
Nifty Futures	Fresh Short	Fresh Long	Short Covering
Nifty Options	Long Covering	Fresh Long	Fresh Long
BankNifty Futures	Fresh Short	Long Covering	Long Covering
BankNifty Options	Fresh Long	Long Covering	Fresh Long
FinNifty Futures	Long Covering	Fresh Long	Fresh Long
FinNifty Options	Fresh Long	Fresh Long	Fresh Short
MidcpNifty Futures	Fresh Short	Fresh Short	Long Covering
MidcpNifty Options	Fresh Long	Fresh Short	Fresh Long
NiftyNxt50 Futures	Long Covering	Long Covering	Fresh Long
NiftyNxt50 Options	Long Covering	Fresh Short	Fresh Long
Stock Futures	Long Covering	Long Covering	Long Covering
Stock Options	Fresh Short	Fresh Short	Fresh Short

NSE & BSE F&O market Trends : Options Insights

NIFTY Weekly Expiry (19/06/2025)

The NIFTY index closed at 24888.2. The NIFTY weekly expiry for JUNE 19, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 0.666 against previous 0.854. The 26000CE option holds the maximum open interest, followed by the 25200CE and 24000PE options. Market participants have shown increased interest with significant open interest additions in the 26000CE option, with open interest additions also seen in the 25000CE and 25100CE options. On the other hand, open interest reductions were prominent in the 25200PE, 25150PE, and 26150CE options. Trading volume was highest in the 25200CE option, followed by the 25000PE and 25100CE options, indicating active trading in these strikes.

NIFTY	Weekly	Expiry:	19-06-2025
Index Spot	PCR OI	Prev PCR OI	PCR VOL
24,888.20	0.666	0.854	0.856
Total Open Interest Change in all CALLs & PUTs:
	Current	Prior	Net Ch
CALL:	8,59,36,650	3,84,40,275	4,74,96,375
PUT:	5,72,17,125	3,28,44,900	2,43,72,225
Top CALL Open Interest:
Strike	OI	OI Change	Volume
26,000	90,29,175	47,76,075	3,69,770
25,200	53,19,825	27,58,350	4,40,994
Top CALL Open Interest addition:
Strike	OI	OI Change	Volume
26,000	90,29,175	47,76,075	3,69,770
25,000	42,97,650	34,40,100	4,02,622
Top CALL Open Interest reduction:
Strike	OI	OI Change	Volume
26,150	5,50,275	-1,26,225	29,735
26,350	2,04,600	-40,950	16,116
Top CALL Volume:
Strike	OI	OI Change	Volume
25,200	53,19,825	27,58,350	4,40,994
25,100	48,52,350	34,03,800	4,04,568
Top PUT Open Interest:
Strike	OI	OI Change	Volume
24,000	52,25,250	24,25,500	2,45,786
23,500	49,51,200	20,08,350	1,71,249
Top PUT Open Interest addition:
Strike	OI	OI Change	Volume
22,800	40,31,100	29,19,000	1,39,551
24,000	52,25,250	24,25,500	2,45,786
Top PUT Open Interest reduction:
Strike	OI	OI Change	Volume
25,200	16,08,150	-2,42,025	1,98,834
25,150	4,46,925	-1,36,800	1,05,440
Top PUT Volume:
Strike	OI	OI Change	Volume
25,000	22,96,425	5,57,025	4,16,651
24,900	24,56,700	16,60,425	3,16,831

SENSEX Weekly Expiry (17/06/2025)

The SENSEX index closed at 81691.98. The SENSEX weekly expiry for JUNE 17, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 0.507 against previous 0.713. The 85000CE option holds the maximum open interest, followed by the 86000CE and 84000CE options. Market participants have shown increased interest with significant open interest additions in the 85000CE option, with open interest additions also seen in the 84000CE and 83500CE options. On the other hand, open interest reductions were prominent in the 82500PE, 82400PE, and 82700PE options. Trading volume was highest in the 82500CE option, followed by the 82000PE and 82500PE options, indicating active trading in these strikes.

SENSEX	Weekly	Expiry:	17-06-2025
Index Spot	PCR OI	Prev PCR OI	PCR VOL
81691.98	0.507	0.713	1.036
Total Open Interest Change in all CALLs & PUTs:
	Current	Prior	Net Ch
CALL:	1,63,37,740	71,07,889	92,29,851
PUT:	82,84,840	50,70,540	32,14,300
Top CALL Open Interest:
Strike	OI	OI Change	Volume
85000	15,31,760	7,43,200	67,82,460
86000	11,11,920	4,55,160	31,40,080
Top CALL Open Interest addition:
Strike	OI	OI Change	Volume
85000	15,31,760	7,43,200	67,82,460
84000	10,24,240	6,76,400	65,22,100
Top CALL Open Interest reduction:
Strike	OI	OI Change	Volume
84800	1,47,800	-44,100	14,86,440
87600	14,660	-29,560	1,54,420
Top CALL Volume:
Strike	OI	OI Change	Volume
82500	7,02,700	4,01,540	94,75,160
85000	15,31,760	7,43,200	67,82,460
Top PUT Open Interest:
Strike	OI	OI Change	Volume
79000	5,60,320	3,28,000	43,51,720
80000	4,92,760	1,57,680	63,51,100
Top PUT Open Interest addition:
Strike	OI	OI Change	Volume
79000	5,60,320	3,28,000	43,51,720
72000	4,50,700	2,49,660	10,61,660
Top PUT Open Interest reduction:
Strike	OI	OI Change	Volume
82500	2,69,240	-76,620	68,17,860
82400	1,00,480	-54,360	49,99,320
Top PUT Volume:
Strike	OI	OI Change	Volume
82000	2,73,580	69,260	78,74,340
82500	2,69,240	-76,620	68,17,860

NIFTY Monthly Expiry (26/06/2025)

The NIFTY index closed at 24888.2. The NIFTY monthly expiry for JUNE 26, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 1.042 against previous 1.131. The 26000CE option holds the maximum open interest, followed by the 24500PE and 25000CE options. Market participants have shown increased interest with significant open interest additions in the 30000CE option, with open interest additions also seen in the 25000CE and 24200PE options. On the other hand, open interest reductions were prominent in the 25800CE, 25200PE, and 23500PE options. Trading volume was highest in the 25000PE option, followed by the 26000CE and 25000CE options, indicating active trading in these strikes.

NIFTY	Monthly	Expiry:	26-06-2025
Index Spot	PCR OI	Prev PCR OI	PCR VOL
24,888.20	1.042	1.131	0.939
Total Open Interest Change in all CALLs & PUTs:
	Current	Prior	Net Ch
CALL:	5,64,11,375	5,00,88,600	63,22,775
PUT:	5,87,73,775	5,66,52,775	21,21,000
Top CALL Open Interest:
Strike	OI	OI Change	Volume
26,000	62,17,175	3,43,025	1,31,678
25,000	51,25,175	12,55,700	1,28,519
Top CALL Open Interest addition:
Strike	OI	OI Change	Volume
30,000	48,21,075	13,48,425	33,190
25,000	51,25,175	12,55,700	1,28,519
Top CALL Open Interest reduction:
Strike	OI	OI Change	Volume
25,800	12,28,050	-9,40,650	67,401
27,000	27,68,175	-1,19,800	18,429
Top CALL Volume:
Strike	OI	OI Change	Volume
26,000	62,17,175	3,43,025	1,31,678
25,000	51,25,175	12,55,700	1,28,519
Top PUT Open Interest:
Strike	OI	OI Change	Volume
24,500	51,88,125	-39,675	1,07,230
24,000	49,43,150	1,96,425	93,794
Top PUT Open Interest addition:
Strike	OI	OI Change	Volume
24,200	28,28,775	9,46,725	56,105
21,000	29,96,600	3,39,750	12,606
Top PUT Open Interest reduction:
Strike	OI	OI Change	Volume
25,200	10,94,175	-2,16,600	63,988
23,500	19,71,675	-1,35,450	39,342
Top PUT Volume:
Strike	OI	OI Change	Volume
25,000	45,59,575	1,89,225	1,50,669
24,500	51,88,125	-39,675	1,07,230

BANKNIFTY Monthly Expiry (26/06/2025)

The BANKNIFTY index closed at 56082.55. The BANKNIFTY monthly expiry for JUNE 26, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 0.779 against previous 0.920. The 56000CE option holds the maximum open interest, followed by the 56000PE and 60000CE options. Market participants have shown increased interest with significant open interest additions in the 60000CE option, with open interest additions also seen in the 56500CE and 56000CE options. On the other hand, open interest reductions were prominent in the 49000PE, 62000CE, and 57000PE options. Trading volume was highest in the 56500PE option, followed by the 56000PE and 56500CE options, indicating active trading in these strikes.

BANKNIFTY	Monthly	Expiry:	26-06-2025
Index Spot	PCR OI	Prev PCR OI	PCR VOL
56,082.55	0.779	0.920	1.042
Total Open Interest Change in all CALLs & PUTs:
	Current	Prior	Net Ch
CALL:	2,18,64,705	2,03,47,080	15,17,625
PUT:	1,70,34,210	1,87,16,829	-16,82,619
Top CALL Open Interest:
Strike	OI	OI Change	Volume
56,000	21,15,450	2,12,220	88,353
60,000	16,68,660	3,60,630	1,01,357
Top CALL Open Interest addition:
Strike	OI	OI Change	Volume
60,000	16,68,660	3,60,630	1,01,357
56,500	9,74,070	2,93,010	1,66,956
Top CALL Open Interest reduction:
Strike	OI	OI Change	Volume
62,000	5,99,640	-2,67,900	35,589
60,500	6,11,310	-1,25,730	58,436
Top CALL Volume:
Strike	OI	OI Change	Volume
56,500	9,74,070	2,93,010	1,66,956
57,000	16,12,005	1,59,825	1,40,122
Top PUT Open Interest:
Strike	OI	OI Change	Volume
56,000	20,15,940	-74,700	1,75,414
55,000	12,51,030	-1,23,300	92,088
Top PUT Open Interest addition:
Strike	OI	OI Change	Volume
53,100	54,420	34,110	4,392
54,900	97,890	28,980	10,588
Top PUT Open Interest reduction:
Strike	OI	OI Change	Volume
49,000	2,41,920	-2,81,250	27,994
57,000	4,16,700	-2,08,080	57,450
Top PUT Volume:
Strike	OI	OI Change	Volume
56,500	6,74,490	-80,370	1,85,245
56,000	20,15,940	-74,700	1,75,414

FINNIFTY Monthly Expiry (26/06/2025)

The FINNIFTY index closed at 26579.9. The FINNIFTY monthly expiry for JUNE 26, 2025, has revealed key trends in open interest. The current Put/Call Ratio is at 0.653 against previous 0.769. The 27000CE option holds the maximum open interest, followed by the 28500CE and 29500CE options. Market participants have shown increased interest with significant open interest additions in the 28500CE option, with open interest additions also seen in the 28700CE and 27800CE options. On the other hand, open interest reductions were prominent in the 29500CE, 26400CE, and 25500PE options. Trading volume was highest in the 27000CE option, followed by the 26800CE and 26800PE options, indicating active trading in these strikes.

FINNIFTY	Monthly	Expiry:	26-06-2025
Index Spot	PCR OI	Prev PCR OI	PCR VOL
26,579.90	0.653	0.769	0.783
Total Open Interest Change in all CALLs & PUTs:
	Current	Prior	Net Ch
CALL:	12,94,085	11,54,920	1,39,165
PUT:	8,45,390	8,88,485	-43,095
Top CALL Open Interest:
Strike	OI	OI Change	Volume
27,000	1,40,855	15,925	4,798
28,500	1,26,685	70,980	1,949
Top CALL Open Interest addition:
Strike	OI	OI Change	Volume
28,500	1,26,685	70,980	1,949
28,700	45,825	27,040	782
Top CALL Open Interest reduction:
Strike	OI	OI Change	Volume
29,500	96,785	-46,540	1,557
26,400	14,235	-18,590	611
Top CALL Volume:
Strike	OI	OI Change	Volume
27,000	1,40,855	15,925	4,798
26,800	39,390	18,135	4,317
Top PUT Open Interest:
Strike	OI	OI Change	Volume
25,000	54,535	-3,445	962
27,000	53,755	-14,625	1,531
Top PUT Open Interest addition:
Strike	OI	OI Change	Volume
24,500	41,535	17,550	1,288
23,000	33,800	11,505	276
Top PUT Open Interest reduction:
Strike	OI	OI Change	Volume
25,500	52,325	-14,625	401
25,500	52,325	-14,625	401
Top PUT Volume:
Strike	OI	OI Change	Volume
26,800	24,635	-5,655	3,804
26,500	48,620	3,315	2,425

MIDCPNIFTY Monthly Expiry (26/06/2025)

The MIDCPNIFTY index closed at 13036.3. The MIDCPNIFTY monthly expiry for JUNE 26, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 0.942 against previous 1.052. The 14000CE option holds the maximum open interest, followed by the 13500CE and 13000PE options. Market participants have shown increased interest with significant open interest additions in the 14200CE option, with open interest additions also seen in the 13200CE and 13000PE options. On the other hand, open interest reductions were prominent in the 66000PE, 67200PE, and 66800PE options. Trading volume was highest in the 13000PE option, followed by the 13200CE and 13200PE options, indicating active trading in these strikes.

MIDCPNIFTY	Monthly	Expiry:	26-06-2025
Index Spot	PCR OI	Prev PCR OI	PCR VOL
13,036.30	0.942	1.052	0.913
Total Open Interest Change in all CALLs & PUTs:
	Current	Prior	Net Ch
CALL:	54,30,000	51,23,400	3,06,600
PUT:	51,13,680	53,91,960	-2,78,280
Top CALL Open Interest:
Strike	OI	OI Change	Volume
14,000	6,96,600	61,800	12,212
13,500	6,06,600	20,040	11,865
Top CALL Open Interest addition:
Strike	OI	OI Change	Volume
14,200	2,55,480	1,08,480	4,324
13,200	2,49,600	98,880	17,260
Top CALL Open Interest reduction:
Strike	OI	OI Change	Volume
13,600	1,06,920	-1,06,560	6,307
12,500	2,56,440	-97,560	919
Top CALL Volume:
Strike	OI	OI Change	Volume
13,200	2,49,600	98,880	17,260
13,300	4,05,000	62,760	14,466
Top PUT Open Interest:
Strike	OI	OI Change	Volume
13,000	5,83,080	68,160	18,077
12,500	4,81,920	-61,080	7,067
Top PUT Open Interest addition:
Strike	OI	OI Change	Volume
13,000	5,83,080	68,160	18,077
11,500	1,90,920	35,400	1,054
Top PUT Open Interest reduction:
Strike	OI	OI Change	Volume
12,000	4,12,800	-80,760	7,575
13,300	1,60,320	-78,720	7,176
Top PUT Volume:
Strike	OI	OI Change	Volume
13,000	5,83,080	68,160	18,077
13,200	1,41,120	-37,560	15,214

Conclusion: What the Future & Option Chain Analysis Tells Us

The 12th June F&O data underscores a market at a pivotal juncture: Nifty’s 24,900–25,000 support zone faces a litmus test, with a break below 24,850 potentially triggering a slide toward 24,600–24,700 (20-DMA support 24,847). BankNifty’s 56,000 max pain and 60,000 call OI suggest resistance at 56,800–57,000, while MIDCPNIFTY’s 13,000 support and FINNIFTY’s 26,700 max pain hint at selective sectoral resilience. Traders should watch for rebound signals near 24,900 (Nifty) and 56,000 (BankNifty), deploying hedged strategies like 24,800 puts or 56,500 straddles. With global cues (oil surge) and US inflation data looming, F&O market trends—PCR collapses, premium decay, and institutional positioning—will dictate whether this dip evolves into a buying opportunity or a prolonged correction phase.

Check Previous Day’s Nifty 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.