NSE & BSE Indices Futures and Options Open Interest Volume Analysis for 10/08/2026

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Open Interest Volume Analysis

Welcome back, traders! If the markets feel like they are walking through quicksand this week, you aren’t imagining things. Our latest Open Interest Volume Analysis for August 10, 2026, reveals a textbook range-bound setup across the major indices, where aggressive directional bets are taking a backseat to premium-eating consolidation. Big money is clearly sitting on the sidelines, waiting for a catalyst. Let’s dive deep into the data driving this sticky market action:

NIFTY’s Tight 100-Point Collar: Spot is hovering flat at 24,583. While the futures data technically shows “Fresh Longs,” the shrinking premiums (-8.45 points) and a massive 26% drop in volume scream hesitation. Option writers are aggressively defending the 24,600 Call and the 24,500 Put for the weekly expiry, trapping the index in a very narrow band. Max pain is sitting firmly below the spot at 23,800 for the weekly, pulling on the index like gravity.

BANKNIFTY’s Massive 58,000 Straddle: The banking index is visibly exhausted, closing slightly in the red. Our Open Interest Volume Analysis here paints a picture of weakness: we are seeing “Fresh Shorts” in September and “Long Covering” in August. But the real story is in the options chain—heavy Call and Put OI are perfectly stacked at the 58,000 strike. This indicates massive straddle writing by the big players, meaning we are locked in a sideways chop unless we see a decisive break below the 57,600 Put addition zone.

MIDCPNIFTY is Stealing the Show: This is the only pocket of the market showing genuine momentum. We are tracking aggressive “Short Covering” in August and massive “Fresh Longs” in September, accompanied by an explosive 424% volume surge in the next month’s contract. Option writers are actively shifting support higher with maximum Put additions at 15,000.

SENSEX Volume Drought: SENSEX confirms the broader market exhaustion. We’re seeing pure “Long Covering” with a staggering 52.6% drop in volume and shrinking premiums. With Max Call OI at 80,000 and Max Put OI way down at 76,000, traders are happily playing a very wide, non-committal range.

NSE & BSE F&O Market Signals

NIFTY Future analysis

NIFTY Spot closed at: 24583.8 (0.054%)

Combined = August + September + October

Combined Fut Open Interest Change: 1.21%

Combined Fut Volume Change: -26.02%

Combined Fut Open Interest Analysis: Fresh Long

Rollover: 12% Previous 11%

NIFTY AUGUST Future closed at: 24659.7 (0.019%)

Aug Fut Premium 75.9 (Decreased by -8.45 points)

Aug Fut Open Interest Change: 0.59%

Aug Fut Volume Change: -30.62%

Aug Fut Open Interest Analysis: Fresh Long

NIFTY SEPTEMBER Future closed at: 24790.9 (0.005%)

Sep Fut Premium 207.1 (Decreased by -11.95 points)

Sep Fut Open Interest Change: 3.95%

Sep Fut Volume Change: -3.16%

Sep Fut Open Interest Analysis: Fresh Long

NIFTY Weekly Expiry (11/08/2026) Option Analysis

Put-Call Ratio (Open Interest): 0.848 (Increased from 0.734)

Put-Call Ratio (Volume): 1.033

Max Pain Level: 23800

Maximum CALL Open Interest: 24600

Maximum PUT Open Interest: 24500

Highest CALL Addition: 24900

Highest PUT Addition: 24500

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

Put-Call Ratio (Open Interest): 1.118 (Increased from 1.092)

Put-Call Ratio (Volume): 1.060

Max Pain Level: 24500

Maximum CALL Open Interest: 25000

Maximum PUT Open Interest: 24000

Highest CALL Addition: 26000

Highest PUT Addition: 24500

BANKNIFTY Future Analysis

BANKNIFTY Spot closed at: 57686.95 (-0.103%)

Combined = August + September + October

Combined Fut Open Interest Change: 0.04%

Combined Fut Volume Change: -29.30%

Combined Fut Open Interest Analysis: Fresh Short

Rollover: 9% Previous 9%

BANKNIFTY AUGUST Future closed at: 57872.6 (-0.254%)

Aug Fut Premium 185.65 (Decreased by -88.1 points)

Aug Fut Open Interest Change: -0.4%

Aug Fut Volume Change: -30.8%

Aug Fut Open Interest Analysis: Long Covering

BANKNIFTY SEPTEMBER Future closed at: 58224.2 (-0.293%)

Sep Fut Premium 537.25 (Decreased by -111.7 points)

Sep Fut Open Interest Change: 4.36%

Sep Fut Volume Change: -17.53%

Sep Fut Open Interest Analysis: Fresh Short

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

Put-Call Ratio (Open Interest): 0.856 (Decreased from 0.887)

Put-Call Ratio (Volume): 0.945

Max Pain Level: 58000

Maximum CALL Open Interest: 58000

Maximum PUT Open Interest: 58000

Highest CALL Addition: 58500

Highest PUT Addition: 57600

MIDCPNIFTY Future Analysis

MIDCPNIFTY Spot closed at: 14960.6 (0.575%)

Combined = August + September + October

Combined Fut Open Interest Change: -1.03%

Combined Fut Volume Change: 80.94%

Combined Fut Open Interest Analysis: Short Covering

Rollover: 4% Previous 4%

MIDCPNIFTY AUGUST Future closed at: 14983.85 (0.321%)

Aug Fut Premium 23.25 (Decreased by -37.65 points)

Aug Fut Open Interest Change: -1.60%

Aug Fut Volume Change: 48.47%

Aug Fut Open Interest Analysis: Short Covering

MIDCPNIFTY SEPTEMBER Future closed at: 15017.3 (0.242%)

Sep Fut Premium 56.7 (Decreased by -49.3 points)

Sep Fut Open Interest Change: 14.39%

Sep Fut Volume Change: 424.69%

Sep Fut Open Interest Analysis: Fresh Long

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

Put-Call Ratio (Open Interest): 1.030 (Increased from 0.917)

Put-Call Ratio (Volume): 0.998

Max Pain Level: 14900

Maximum CALL Open Interest: 15500

Maximum PUT Open Interest: 14500

Highest CALL Addition: 15800

Highest PUT Addition: 15000

SENSEX Monthly Expiry (27/08/2026) Future

SENSEX Spot closed at: 78,542.44 (0.055%)

SENSEX Monthly Future closed at: 78,883.00 (-0.021%)

Premium: 340.56 (Decreased by -59.57 points)

Open Interest Change: -1.47%

Volume Change: -52.60%

Open Interest Analysis: Long Covering

SENSEX Weekly Expiry (13/08/2026) Option Analysis

Put-Call Ratio (OI): 0.915 (Increased from 0.775)

Put-Call Ratio (Volume): 1.012

Max Pain Level: 78600

Maximum CALL OI: 80000

Maximum PUT OI: 76000

Highest CALL Addition: 81000

Highest PUT Addition: 76000

FII & DII Cash Market Activity

FIIs Net BUY: ₹ 1,974.76 Cr.

DIIs Net SELL: ₹ 1,290.29 Cr.

FII Derivatives Activity

FII Trading Stats10.08.267.08.266.08.26
FII Cash (Provisional Data)1,974.76480.24-17.86
    
Index Future Open Interest Long Ratio12.57%12.9%13.80%
Index Future Volume Long Ratio39.92%31.6%78.46%
Call Option Open Interest Long Ratio42.58%42.3%43.04%
Call Option Volume Long Ratio50.11%49.4%51.14%
Put Option Open Interest Long Ratio65.55%66.3%65.72%
Put Option Volume Long Ratio50.13%50.3%48.89%
Stock Future Open Interest Long Ratio54.89%54.9%54.99%
Stock Future Volume Long Ratio49.27%49.4%50.31%
    
Index FuturesFresh ShortFresh ShortShort Covering
Index OptionsFresh LongFresh ShortFresh Short
    
Nifty FuturesFresh ShortFresh ShortShort Covering
Nifty OptionsFresh LongFresh ShortFresh Short
    
BankNifty FuturesLong CoveringLong CoveringShort Covering
BankNifty OptionsFresh LongShort CoveringFresh Long
    
FinNifty FuturesShort CoveringLong CoveringFresh Long
FinNifty OptionsFresh LongFresh LongFresh Short
    
MidcpNifty FuturesFresh LongFresh LongShort Covering
MidcpNifty OptionsFresh ShortShort CoveringFresh Long
    
NiftyNxt50 FuturesFresh ShortFresh ShortFresh Short
NiftyNxt50 OptionsFresh LongLong CoveringFresh Short
    
Stock FuturesFresh ShortLong CoveringFresh Long
Stock OptionsFresh ShortFresh ShortFresh Short

SENSEX weekly Expiry (13/08/2026)

The SENSEX index closed at 78542.44. The SENSEX weekly expiry for AUGUST 13, 2026 has revealed key trends in open interest. The current Put/Call Ratio is at 0.915 against previous 0.775. The 80000CE option holds the maximum open interest, followed by the 76000PE and 81000CE options. Market participants have shown increased interest with significant open interest additions in the 76000PE option, with open interest additions also seen in the 81000CE and 80000CE options. On the other hand, open interest reductions were prominent in the 79500CE, 82500CE, and 81900CE options. Trading volume was highest in the 78500PE option, followed by the 78600PE and 78500CE options, indicating active trading in these strikes.

SENSEXWeeklyExpiry:13-08-2026
Index SpotPCR OIPrev PCR OIPCR VOL
78542.440.9150.7751.012
Total Open Interest Change in all CALLs & PUTs:
 CurrentPriorNet Ch
CALL:  1,28,94,440        97,03,700           31,90,740
PUT:  1,17,93,780        75,21,060           42,72,720
Top CALL Open Interest:
StrikeOIOI ChangeVolume
80000        9,20,680          3,76,960           96,54,360
81000        8,30,180          4,39,780           52,08,340
Top CALL Open Interest addition:
StrikeOIOI ChangeVolume
81000        8,30,180          4,39,780           52,08,340
80000        9,20,680          3,76,960           96,54,360
Top CALL Open Interest reduction:
StrikeOIOI ChangeVolume
79500        4,29,760        -1,71,580           79,65,060
82500        2,27,580        -1,35,140           14,63,540
Top CALL Volume:
StrikeOIOI ChangeVolume
78500        7,24,960              98,900        1,55,89,540
78600        5,18,060          1,65,480        1,49,52,460
Top PUT Open Interest:
StrikeOIOI ChangeVolume
76000        8,50,200          4,48,420           46,62,560
78500        7,89,960          2,86,820        2,04,52,620
Top PUT Open Interest addition:
StrikeOIOI ChangeVolume
76000        8,50,200          4,48,420           46,62,560
76500        6,59,660          3,71,240           61,16,420
Top PUT Open Interest reduction:
StrikeOIOI ChangeVolume
76900            95,820            -31,100           16,28,760
74000        2,43,100            -25,500           14,88,960
Top PUT Volume:
StrikeOIOI ChangeVolume
78500        7,89,960          2,86,820        2,04,52,620
78600        4,54,460          2,41,100        1,59,33,180

NIFTY Weekly Expiry (11/08/2026)

The NIFTY index closed at 24583.8. The NIFTY weekly expiry for AUGUST 11, 2026 has revealed key trends in open interest. The current Put/Call Ratio is at 0.848 against previous 0.734. The 24600CE option holds the maximum open interest, followed by the 25000CE and 24900CE options. Market participants have shown increased interest with significant open interest additions in the 24900CE option, with open interest additions also seen in the 24500PE and 24550PE options. On the other hand, open interest reductions were prominent in the 26000CE, 25300CE, and 25600CE options. Trading volume was highest in the 24600CE option, followed by the 24600PE and 24500PE options, indicating active trading in these strikes.

NIFTYWeekly Expiry:11-08-2026
 Index Spot PCR OI Prev PCR OI PCR VOL
         24,583.80                0.848                  0.734               1.033
 Total Open Interest Change in all CALLs & PUTs:
  Current Prior Net Ch
 CALL: 16,92,78,915   17,12,49,195     -19,70,280
 PUT: 14,35,11,615   12,57,57,450   1,77,54,165
 Top CALL Open Interest: 
 Strike OI OI Change Volume
               24,600    1,46,48,140         26,66,690       83,79,660
               25,000    1,28,92,555         15,54,670       21,99,878
 Top CALL Open Interest addition: 
 Strike OI OI Change Volume
               24,900    1,17,67,015         41,25,875       24,20,775
               24,850       64,48,585         32,39,535       19,48,236
 Top CALL Open Interest reduction: 
 Strike OI OI Change Volume
               26,000       48,74,155        -35,27,550         2,83,632
               25,300       46,59,135        -28,96,530         8,00,163
 Top CALL Volume:
 Strike OI OI Change Volume
               24,600    1,46,48,140         26,66,690       83,79,660
               24,700    1,09,23,055            9,09,220       47,18,935
 Top PUT Open Interest: 
 Strike OI OI Change Volume
               24,500    1,12,20,105         38,95,580       61,30,778
               24,600    1,09,38,070         32,86,985       81,33,717
 Top PUT Open Interest addition: 
 Strike OI OI Change Volume
               24,500    1,12,20,105         38,95,580       61,30,778
               24,550       70,04,335         35,57,970       60,19,568
 Top PUT Open Interest reduction: 
 Strike OI OI Change Volume
               23,200          9,91,315        -12,98,505         1,39,195
               23,400       11,68,310        -11,17,675         1,81,556
 Top PUT Volume: 
 Strike OI OI Change Volume
               24,600    1,09,38,070         32,86,985       81,33,717
               24,500    1,12,20,105         38,95,580       61,30,778

NIFTY Monthly Expiry (25/08/2026)

The NIFTY index closed at 24583.8. The NIFTY monthly expiry for AUGUST 25, 2026 has revealed key trends in open interest. The current Put/Call Ratio is at 1.118 against previous 1.092. The 24000PE option holds the maximum open interest, followed by the 25000CE and 24000CE options. Market participants have shown increased interest with significant open interest additions in the 24500PE option, with open interest additions also seen in the 24000PE and 24650PE options. On the other hand, open interest reductions were prominent in the 24900CE, 24950CE, and 24300CE 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:25-08-2026
 Index Spot PCR OI Prev PCR OI PCR VOL
         24,583.80                1.118                  1.092               1.060
 Total Open Interest Change in all CALLs & PUTs:
  Current Prior Net Ch
 CALL:    4,87,16,395      4,70,96,725       16,19,670
 PUT:    5,44,72,795      5,14,15,585       30,57,210
 Top CALL Open Interest: 
 Strike OI OI Change Volume
               25,000       56,20,485               20,865             66,784
               24,000       55,64,130              -24,505               4,262
 Top CALL Open Interest addition: 
 Strike OI OI Change Volume
               26,000       36,26,350            2,02,930             15,647
               26,400          2,43,035            1,91,750               5,892
 Top CALL Open Interest reduction: 
 Strike OI OI Change Volume
               24,900          9,47,505          -1,38,840             19,585
               24,950          1,86,095              -42,575               4,852
 Top CALL Volume:
 Strike OI OI Change Volume
               25,000       56,20,485               20,865             66,784
               24,600       17,80,025               55,900             52,183
 Top PUT Open Interest: 
 Strike OI OI Change Volume
               24,000       88,86,280            3,87,595             61,051
               24,500       47,66,385            4,48,565             65,308
 Top PUT Open Interest addition: 
 Strike OI OI Change Volume
               24,500       47,66,385            4,48,565             65,308
               24,000       88,86,280            3,87,595             61,051
 Top PUT Open Interest reduction: 
 Strike OI OI Change Volume
               23,800       18,38,655              -34,125             21,485
               22,000       14,77,840              -30,680               5,705
 Top PUT Volume: 
 Strike OI OI Change Volume
               24,500       47,66,385            4,48,565             65,308
               24,000       88,86,280            3,87,595             61,051

BANKNIFTY Monthly Expiry (25/08/2026)

The BANKNIFTY index closed at 57686.95. The BANKNIFTY monthly expiry for AUGUST 25, 2026 has revealed key trends in open interest. The current Put/Call Ratio is at 0.856 against previous 0.887. The 58000CE option holds the maximum open interest, followed by the 58000PE and 60000CE options. Market participants have shown increased interest with significant open interest additions in the 58500CE option, with open interest additions also seen in the 57700CE and 58000CE options. On the other hand, open interest reductions were prominent in the 60400CE, 54500PE, and 58600CE options. Trading volume was highest in the 58000CE option, followed by the 58000PE and 57500PE options, indicating active trading in these strikes.

BANKNIFTY Monthly Expiry:25-08-2026
 Index Spot PCR OI Prev PCR OI PCR VOL
         57,686.95                0.856                  0.887               0.945
 Total Open Interest Change in all CALLs & PUTs:
  Current Prior Net Ch
 CALL:    1,39,98,150      1,30,55,160         9,42,990
 PUT:    1,19,77,740      1,15,73,970         4,03,770
 Top CALL Open Interest: 
 Strike OI OI Change Volume
               58,000       23,79,570               84,120         1,03,752
               60,000       12,55,320               63,150             45,759
 Top CALL Open Interest addition: 
 Strike OI OI Change Volume
               58,500          8,70,120               86,430             49,563
               57,700          2,93,130               85,140             47,086
 Top CALL Open Interest reduction: 
 Strike OI OI Change Volume
               60,400             91,650              -43,890               5,390
               58,600          1,16,910              -28,590             10,640
 Top CALL Volume:
 Strike OI OI Change Volume
               58,000       23,79,570               84,120         1,03,752
               59,000       12,34,260               68,250             54,656
 Top PUT Open Interest: 
 Strike OI OI Change Volume
               58,000       16,48,530              -11,490             71,820
               57,000          9,59,430                  1,410             43,368
 Top PUT Open Interest addition: 
 Strike OI OI Change Volume
               57,600          1,99,950               78,900             59,248
               57,700          2,29,230               64,770             62,308
 Top PUT Open Interest reduction: 
 Strike OI OI Change Volume
               54,500          1,75,950              -37,830             14,793
               53,000          3,55,230              -20,700             20,246
 Top PUT Volume: 
 Strike OI OI Change Volume
               58,000       16,48,530              -11,490             71,820
               57,500          5,19,900               23,190             65,797

MIDCPNIFTY Monthly Expiry (25/08/2026)

The MIDCPNIFTY index closed at 14960.6. The MIDCPNIFTY monthly expiry for AUGUST 25, 2026, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 1.030 against previous 0.917. The 15500CE option holds the maximum open interest, followed by the 15000CE and 14500PE options. Market participants have shown increased interest with significant open interest additions in the 15000PE option, with open interest additions also seen in the 14900PE and 14500PE options. On the other hand, open interest reductions were prominent in the 59000PE, 59000PE, and 59000PE options. Trading volume was highest in the 15000CE option, followed by the 15000PE and 15500CE options, indicating active trading in these strikes.

MIDCPNIFTY Monthly Expiry:25-08-2026
 Index Spot PCR OI Prev PCR OI PCR VOL
         14,960.60                1.030                  0.917               0.998
 Total Open Interest Change in all CALLs & PUTs:
  Current Prior Net Ch
 CALL:       51,65,400         52,89,000       -1,23,600
 PUT:       53,22,720         48,48,480         4,74,240
 Top CALL Open Interest: 
 Strike OI OI Change Volume
               15,500       13,42,560              -81,600             13,124
               15,000          6,80,400              -43,680             19,476
 Top CALL Open Interest addition: 
 Strike OI OI Change Volume
               15,800             62,040               60,240               1,832
               16,000          5,13,360               25,560               3,861
 Top CALL Open Interest reduction: 
 Strike OI OI Change Volume
               15,500       13,42,560              -81,600             13,124
               14,900          2,68,440              -67,800               7,219
 Top CALL Volume:
 Strike OI OI Change Volume
               15,000          6,80,400              -43,680             19,476
               15,500       13,42,560              -81,600             13,124
 Top PUT Open Interest: 
 Strike OI OI Change Volume
               14,500          5,95,200               65,040               6,245
               14,000          5,88,240               54,360               2,534
 Top PUT Open Interest addition: 
 Strike OI OI Change Volume
               15,000          4,44,120            2,31,360             15,122
               14,900          4,66,440               73,800             11,322
 Top PUT Open Interest reduction: 
 Strike OI OI Change Volume
               13,500          2,27,880              -58,200               1,786
               14,300          1,48,200              -51,840               3,293
 Top PUT Volume: 
 Strike OI OI Change Volume
               15,000          4,44,120            2,31,360             15,122
               14,900          4,66,440               73,800             11,322

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

So, how do we trade this environment without getting chopped to pieces? The golden rule for the coming sessions is simple: respect the boundaries. As our comprehensive Open Interest Volume Analysis confirms, this is a heavily range-bound market designed to frustrate breakout traders and reward patience. Here is your actionable game plan moving forward:

Play the NIFTY Ping-Pong: Avoid buying breakouts. Instead, look to buy the dips near the 24,500 support zone with strict stop-losses, and aggressively book profits near the 24,600/24,650 resistance ceiling. Do not carry unhedged overnight longs.

Deploy Income Strategies in BANKNIFTY: With the 58,000 strike acting as a massive gravity well, this is a prime environment for delta-neutral strategies like Short Iron Condors or Short Strangles. Let time decay work for you while the index digests its recent moves.

Hunt for Alpha in Midcaps: If you have an itch for momentum, focus your capital on MIDCPNIFTY. The aggressive volume surge and fresh longs suggest this index has the legs to push toward the 15,500 max Call OI level while the large caps continue to consolidate.

Wait for the Smart Money: The significant drop in F&O volumes across NIFTY and SENSEX is a glaring warning sign. Don’t fight the tape; let the institutional players show their hand and establish a clear trend before you commit to heavy, directional futures trades.

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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