Turning Complex Derivative Data into Clear Market Insights
Unleashing F&O Bullish Signals: Market Primed for a Breakout? क्या बाजार ब्रेकआउट के लिए तैयार है?

Table of Contents
The F&O bullish signals on 20th June 2025 ignited a powerful market surge, with Nifty futures rallying 1.24% to 25,111.70 as monthly PCR (OI) exploded to 1.120—its highest this series—fueled by aggressive put additions at 25,000 and max pain shifting to 25,000. BankNifty futures jumped 1.16% to 56,298.00 amid a PCR (OI) rebound to 0.867, while SENSEX’s PCR (OI) skyrocketed to 1.349 with max pain at 82,000, signaling institutional bullish conviction. Despite MIDCPNIFTY’s premium crash (-19.6 points), the broad-based F&O bullish signals—sectoral PCR surges and call unwinding—hint at sustainable momentum.
NSE & BSE F&O Market Signals
NIFTY JUNE Future
NIFTY Spot closed at: 25,112.40 (1.29%)
NIFTY JUNE Future closed at: 25,111.70 (1.24%)
Discount: -0.7 (Decreased by -10.55 points)
Open Interest Change: -1.9%
Volume Change: 88.7%
NIFTY Monthly Expiry (26/06/2025) Option Analysis
Put-Call Ratio (OI): 1.120 (Increased from 0.919)
Put-Call Ratio (Volume): 0.753
Max Pain Level: 25000
Maximum CALL OI: 26000
Maximum PUT OI: 25000
Highest CALL Addition: 27000
Highest PUT Addition: 25000
BANKNIFTY JUNE Future
BANKNIFTY Spot closed at: 56,252.85 (1.22%)
BANKNIFTY JUNE Future closed at: 56,298.00 (1.16%)
Premium: 45.15 (Decreased by -32.4 points)
Open Interest Change: -0.7%
Volume Change: 62.0%
BANKNIFTY Monthly Expiry (26/06/2025) Option Analysis
Put-Call Ratio (OI): 0.867 (Increased from 0.655)
Put-Call Ratio (Volume): 0.799
Max Pain Level: 56000
Maximum CALL OI: 56000
Maximum PUT OI: 56000
Highest CALL Addition: 56300
Highest PUT Addition: 56000
FINNIFTY JUNE Future
FINNIFTY Spot closed at: 26,648.70 (1.33%)
FINNIFTY JUNE Future closed at: 26,667.50 (1.31%)
Premium: 18.8 (Decreased by -5.25 points)
Open Interest Change: -2.6%
Volume Change: 112.3%
FINNIFTY Monthly Expiry (26/06/2025) Option Analysis
Put-Call Ratio (OI): 0.868 (Increased from 0.587)
Put-Call Ratio (Volume): 0.744
Max Pain Level: 26550
Maximum CALL OI: 28000
Maximum PUT OI: 25000
Highest CALL Addition: 27300
Highest PUT Addition: 25700
MIDCPNIFTY JUNE Future
MIDCPNIFTY Spot closed at: 12,984.35 (2.02%)
MIDCPNIFTY JUNE Future closed at: 12,987.15 (1.86%)
Premium: 2.8 (Decreased by -19.6 points)
Open Interest Change: -4.7%
Volume Change: 31.4%
MIDCPNIFTY Monthly Expiry (26/06/2025) Option Analysis
Put-Call Ratio (OI): 0.917 (Increased from 0.731)
Put-Call Ratio (Volume): 0.765
Max Pain Level: 12925
Maximum CALL OI: 13500
Maximum PUT OI: 12000
Highest CALL Addition: 12000
Highest PUT Addition: 12900
SENSEX Weekly Expiry (24/06/2025) Future
SENSEX Spot closed at: 82,408.17 (1.29%)
SENSEX Weekly Future closed at: 82,409.65 (1.16%)
Premium: 1.48 (Decreased by -102.35 points)
Open Interest Change: 50.8%
Volume Change: 154.7%
SENSEX Weekly Expiry (24/06/2025) Option Analysis
Put-Call Ratio (OI): 1.349 (Increased from 0.843)
Put-Call Ratio (Volume): 0.678
Max Pain Level: 82000
Maximum CALL OI: 84000
Maximum PUT OI: 81500
Highest CALL Addition: 84500
Highest PUT Addition: 82000
FII & DII Cash Market Activity
FIIs Net BUY: ₹ 7,940.70 Cr
DIIs Net Buy: ₹ 3,049.88 Cr
FII Derivatives Activity
FII Trading Stats | 20.06.25 | 19.06.25 | 18.06.25 |
FII Cash (Provisional Data) | 7,940.70 | 934.62 | 890.93 |
Index Future Open Interest Long Ratio | 23.79% | 22.35% | 20.47% |
Index Future Volume Long Ratio | 50.43% | 53.14% | 50.50% |
Call Option Open Interest Long Ratio | 57.30% | 62.71% | 56.20% |
Call Option Volume Long Ratio | 49.65% | 50.26% | 49.70% |
Put Option Open Interest Long Ratio | 57.41% | 63.52% | 58.52% |
Put Option Volume Long Ratio | 49.53% | 50.21% | 49.81% |
Stock Future Open Interest Long Ratio | 62.25% | 61.67% | 61.72% |
Stock Future Volume Long Ratio | 53.27% | 49.51% | 47.40% |
Index Futures | Fresh Long | Fresh Long | Short Covering |
Index Options | Fresh Short | Short Covering | Fresh Short |
Nifty Futures | Fresh Short | Fresh Long | Long Covering |
Nifty Options | Fresh Short | Short Covering | Fresh Short |
BankNifty Futures | Short Covering | Fresh Short | Short Covering |
BankNifty Options | Fresh Short | Fresh Long | Fresh Short |
FinNifty Futures | Long Covering | Long Covering | Long Covering |
FinNifty Options | Fresh Short | Fresh Short | Fresh Long |
MidcpNifty Futures | Fresh Long | Long Covering | Fresh Short |
MidcpNifty Options | Fresh Long | Fresh Long | Fresh Short |
NiftyNxt50 Futures | Fresh Short | Long Covering | Fresh Short |
NiftyNxt50 Options | Fresh Long | Fresh Long | Fresh Long |
Stock Futures | Fresh Long | Short Covering | Fresh Short |
Stock Options | Fresh Long | Fresh Long | Fresh Short |
NSE & BSE F&O market Trends : Options Insights
SENSEX Weekly Expiry (24/06/2025)
The SENSEX index closed at 82408.17. The SENSEX weekly expiry for JUNE 24, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 1.349 against previous 0.843. The 84000CE option holds the maximum open interest, followed by the 85000CE and 81500PE options. Market participants have shown increased interest with significant open interest additions in the 82000PE option, with open interest additions also seen in the 80000PE and 79000PE options. On the other hand, open interest reductions were prominent in the 81500CE, 81400CE, and 87000CE options. Trading volume was highest in the 83000CE option, followed by the 82500CE and 82000CE options, indicating active trading in these strikes.
SENSEX | Weekly | Expiry: | 24-06-2025 |
Index Spot | PCR OI | Prev PCR OI | PCR VOL |
82408.17 | 1.349 | 0.843 | 0.678 |
Total Open Interest Change in all CALLs & PUTs: | |||
Current | Prior | Net Ch | |
CALL: | 1,17,38,600 | 1,05,64,989 | 11,73,611 |
PUT: | 1,58,39,100 | 89,07,240 | 69,31,860 |
Top CALL Open Interest: | |||
Strike | OI | OI Change | Volume |
84000 | 10,49,360 | 85,740 | 2,30,79,540 |
85000 | 8,20,920 | 81,180 | 64,92,000 |
Top CALL Open Interest addition: | |||
Strike | OI | OI Change | Volume |
84500 | 5,96,580 | 1,93,560 | 84,78,220 |
83500 | 7,28,600 | 1,71,640 | 2,29,82,880 |
Top CALL Open Interest reduction: | |||
Strike | OI | OI Change | Volume |
81500 | 3,22,380 | -4,07,980 | 82,85,240 |
81400 | 1,91,000 | -1,43,940 | 26,83,520 |
Top CALL Volume: | |||
Strike | OI | OI Change | Volume |
83000 | 5,41,280 | 1,03,300 | 3,48,79,920 |
82500 | 3,92,660 | 1,20,240 | 2,76,07,800 |
Top PUT Open Interest: | |||
Strike | OI | OI Change | Volume |
81500 | 7,92,920 | 1,66,760 | 2,04,29,980 |
80000 | 7,83,700 | 4,91,000 | 1,17,96,920 |
Top PUT Open Interest addition: | |||
Strike | OI | OI Change | Volume |
82000 | 6,19,480 | 5,26,820 | 2,12,02,280 |
80000 | 7,83,700 | 4,91,000 | 1,17,96,920 |
Top PUT Open Interest reduction: | |||
Strike | OI | OI Change | Volume |
81400 | 3,40,080 | -61,840 | 83,50,260 |
66000 | 32,660 | -23,880 | 2,56,500 |
Top PUT Volume: | |||
Strike | OI | OI Change | Volume |
82000 | 6,19,480 | 5,26,820 | 2,12,02,280 |
81500 | 7,92,920 | 1,66,760 | 2,04,29,980 |
NIFTY Monthly Expiry (26/06/2025)
The NIFTY index closed at 25112.4. The NIFTY monthly expiry for JUNE 26, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 1.120 against previous 0.919. The 26000CE option holds the maximum open interest, followed by the 25000PE and 24000PE options. Market participants have shown increased interest with significant open interest additions in the 25000PE option, with open interest additions also seen in the 24900PE and 27000CE options. On the other hand, open interest reductions were prominent in the 24800CE, 22500PE, and 24700CE options. Trading volume was highest in the 25000CE option, followed by the 25000PE and 25200CE options, indicating active trading in these strikes.
NIFTY | Monthly | Expiry: | 26-06-2025 |
Index Spot | PCR OI | Prev PCR OI | PCR VOL |
25,112.40 | 1.120 | 0.919 | 0.753 |
Total Open Interest Change in all CALLs & PUTs: | |||
Current | Prior | Net Ch | |
CALL: | 14,09,72,400 | 10,83,34,800 | 3,26,37,600 |
PUT: | 15,79,57,975 | 9,95,40,275 | 5,84,17,700 |
Top CALL Open Interest: | |||
Strike | OI | OI Change | Volume |
26,000 | 1,55,47,925 | 26,54,575 | 12,02,988 |
25,500 | 82,00,425 | 16,27,275 | 19,03,516 |
Top CALL Open Interest addition: | |||
Strike | OI | OI Change | Volume |
27,000 | 72,47,300 | 31,74,300 | 3,54,140 |
25,400 | 48,68,475 | 27,24,225 | 13,60,429 |
Top CALL Open Interest reduction: | |||
Strike | OI | OI Change | Volume |
24,800 | 32,76,150 | -15,64,275 | 8,80,872 |
24,700 | 10,75,425 | -6,94,350 | 1,81,641 |
Top CALL Volume: | |||
Strike | OI | OI Change | Volume |
25,000 | 81,41,925 | 5,89,200 | 26,61,791 |
25,200 | 47,31,750 | 4,86,750 | 20,40,211 |
Top PUT Open Interest: | |||
Strike | OI | OI Change | Volume |
25,000 | 97,91,550 | 58,21,625 | 21,03,567 |
24,000 | 97,76,500 | 23,15,125 | 6,25,225 |
Top PUT Open Interest addition: | |||
Strike | OI | OI Change | Volume |
25,000 | 97,91,550 | 58,21,625 | 21,03,567 |
24,900 | 61,98,225 | 36,35,025 | 14,77,750 |
Top PUT Open Interest reduction: | |||
Strike | OI | OI Change | Volume |
22,500 | 38,51,100 | -9,64,200 | 2,89,328 |
26,000 | 11,28,775 | -1,17,475 | 4,506 |
Top PUT Volume: | |||
Strike | OI | OI Change | Volume |
25,000 | 97,91,550 | 58,21,625 | 21,03,567 |
24,800 | 86,90,700 | 30,04,350 | 16,00,604 |
BANKNIFTY Monthly Expiry (26/06/2025)
The BANKNIFTY index closed at 56252.85. The BANKNIFTY monthly expiry for JUNE 26, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 0.867 against previous 0.655. The 56000PE option holds the maximum open interest, followed by the 56000CE and 55000PE options. Market participants have shown increased interest with significant open interest additions in the 56000PE option, with open interest additions also seen in the 55000PE and 56200PE options. On the other hand, open interest reductions were prominent in the 59000CE, 56000CE, and 59500CE options. Trading volume was highest in the 56000CE option, followed by the 56000PE and 57000CE options, indicating active trading in these strikes.
BANKNIFTY | Monthly | Expiry: | 26-06-2025 |
Index Spot | PCR OI | Prev PCR OI | PCR VOL |
56,252.85 | 0.867 | 0.655 | 0.799 |
Total Open Interest Change in all CALLs & PUTs: | |||
Current | Prior | Net Ch | |
CALL: | 2,46,65,505 | 2,76,06,354 | -29,40,849 |
PUT: | 2,13,95,130 | 1,80,87,840 | 33,07,290 |
Top CALL Open Interest: | |||
Strike | OI | OI Change | Volume |
56,000 | 21,90,510 | -3,49,710 | 4,59,045 |
57,000 | 15,49,890 | -1,51,320 | 3,36,916 |
Top CALL Open Interest addition: | |||
Strike | OI | OI Change | Volume |
56,300 | 3,57,480 | 1,26,870 | 1,54,050 |
56,200 | 4,20,840 | 1,10,940 | 2,67,427 |
Top CALL Open Interest reduction: | |||
Strike | OI | OI Change | Volume |
59,000 | 13,50,570 | -4,19,130 | 1,55,949 |
56,000 | 21,90,510 | -3,49,710 | 4,59,045 |
Top CALL Volume: | |||
Strike | OI | OI Change | Volume |
56,000 | 21,90,510 | -3,49,710 | 4,59,045 |
57,000 | 15,49,890 | -1,51,320 | 3,36,916 |
Top PUT Open Interest: | |||
Strike | OI | OI Change | Volume |
56,000 | 23,09,310 | 4,27,470 | 3,95,044 |
55,000 | 16,42,650 | 3,11,700 | 2,27,572 |
Top PUT Open Interest addition: | |||
Strike | OI | OI Change | Volume |
56,000 | 23,09,310 | 4,27,470 | 3,95,044 |
55,000 | 16,42,650 | 3,11,700 | 2,27,572 |
Top PUT Open Interest reduction: | |||
Strike | OI | OI Change | Volume |
54,400 | 1,11,480 | -1,08,390 | 31,898 |
51,000 | 6,59,310 | -91,860 | 52,049 |
Top PUT Volume: | |||
Strike | OI | OI Change | Volume |
56,000 | 23,09,310 | 4,27,470 | 3,95,044 |
55,500 | 11,02,980 | 2,10,090 | 2,32,045 |
FINNIFTY Monthly Expiry (26/06/2025)
The FINNIFTY index closed at 26648.7. The FINNIFTY monthly expiry for JUNE 26, 2025, has revealed key trends in open interest. The current Put/Call Ratio is at 0.868 against previous 0.587. The 28000CE option holds the maximum open interest, followed by the 27300CE and 27000CE options. Market participants have shown increased interest with significant open interest additions in the 27300CE option, with open interest additions also seen in the 25700PE and 25500PE options. On the other hand, open interest reductions were prominent in the 28500CE, 26450CE, and 27700CE options. Trading volume was highest in the 26500CE option, followed by the 27000CE and 26300PE options, indicating active trading in these strikes.
FINNIFTY | Monthly | Expiry: | 26-06-2025 |
Index Spot | PCR OI | Prev PCR OI | PCR VOL |
26,648.70 | 0.868 | 0.587 | 0.744 |
Total Open Interest Change in all CALLs & PUTs: | |||
Current | Prior | Net Ch | |
CALL: | 21,79,255 | 20,05,055 | 1,74,200 |
PUT: | 18,90,850 | 11,77,475 | 7,13,375 |
Top CALL Open Interest: | |||
Strike | OI | OI Change | Volume |
28,000 | 2,12,095 | 40,040 | 5,866 |
27,300 | 1,99,810 | 86,580 | 9,200 |
Top CALL Open Interest addition: | |||
Strike | OI | OI Change | Volume |
27,300 | 1,99,810 | 86,580 | 9,200 |
26,700 | 1,11,410 | 44,265 | 14,126 |
Top CALL Open Interest reduction: | |||
Strike | OI | OI Change | Volume |
28,500 | 72,345 | -64,090 | 3,435 |
26,450 | 25,610 | -40,560 | 4,729 |
Top CALL Volume: | |||
Strike | OI | OI Change | Volume |
26,500 | 85,020 | -7,020 | 21,987 |
27,000 | 1,78,295 | -15,535 | 15,668 |
Top PUT Open Interest: | |||
Strike | OI | OI Change | Volume |
25,000 | 1,25,060 | 51,610 | 4,251 |
26,300 | 1,19,795 | 58,045 | 15,279 |
Top PUT Open Interest addition: | |||
Strike | OI | OI Change | Volume |
25,700 | 76,440 | 66,365 | 4,688 |
25,500 | 1,11,085 | 65,715 | 7,999 |
Top PUT Open Interest reduction: | |||
Strike | OI | OI Change | Volume |
25,600 | 20,345 | -11,895 | 3,095 |
26,500 | 1,06,535 | -9,490 | 14,397 |
Top PUT Volume: | |||
Strike | OI | OI Change | Volume |
26,300 | 1,19,795 | 58,045 | 15,279 |
26,500 | 1,06,535 | -9,490 | 14,397 |
MIDCPNIFTY Monthly Expiry (26/06/2025)
The MIDCPNIFTY index closed at 12984.35. The MIDCPNIFTY monthly expiry for JUNE 26, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 0.917 against previous 0.731. The 13500CE option holds the maximum open interest, followed by the 12000PE and 14000CE options. Market participants have shown increased interest with significant open interest additions in the 12900PE option, with open interest additions also seen in the 13000PE and 13000PE options. On the other hand, open interest reductions were prominent in the 67000CE, 66900CE, and 66000PE options. Trading volume was highest in the 13000CE option, followed by the 12900CE and 12800CE options, indicating active trading in these strikes.
MIDCPNIFTY | Monthly | Expiry: | 26-06-2025 |
Index Spot | PCR OI | Prev PCR OI | PCR VOL |
12,984.35 | 0.917 | 0.731 | 0.765 |
Total Open Interest Change in all CALLs & PUTs: | |||
Current | Prior | Net Ch | |
CALL: | 1,06,11,840 | 1,10,17,680 | -4,05,840 |
PUT: | 97,27,920 | 80,49,600 | 16,78,320 |
Top CALL Open Interest: | |||
Strike | OI | OI Change | Volume |
13,500 | 12,68,040 | 13,800 | 30,992 |
14,000 | 9,38,400 | 3,720 | 10,535 |
Top CALL Open Interest addition: | |||
Strike | OI | OI Change | Volume |
12,000 | 1,86,480 | 87,960 | 1,277 |
13,700 | 3,78,600 | 84,000 | 10,079 |
Top CALL Open Interest reduction: | |||
Strike | OI | OI Change | Volume |
12,800 | 3,48,840 | -1,77,840 | 51,637 |
13,200 | 5,32,320 | -1,23,240 | 33,980 |
Top CALL Volume: | |||
Strike | OI | OI Change | Volume |
13,000 | 8,93,760 | 47,280 | 92,552 |
12,900 | 3,05,640 | -53,280 | 57,412 |
Top PUT Open Interest: | |||
Strike | OI | OI Change | Volume |
12,000 | 10,39,080 | 1,53,840 | 23,717 |
13,000 | 7,14,360 | 2,33,040 | 22,181 |
Top PUT Open Interest addition: | |||
Strike | OI | OI Change | Volume |
12,900 | 5,96,760 | 3,32,760 | 42,412 |
13,000 | 7,14,360 | 2,33,040 | 22,181 |
Top PUT Open Interest reduction: | |||
Strike | OI | OI Change | Volume |
12,250 | 25,440 | -84,480 | 2,576 |
10,500 | 58,800 | -55,320 | 1,084 |
Top PUT Volume: | |||
Strike | OI | OI Change | Volume |
12,800 | 6,19,920 | 1,14,600 | 50,715 |
12,900 | 5,96,760 | 3,32,760 | 42,412 |
Conclusion: What the Future & Option Chain Analysis Tells Us
The 20th June F&O data reveals a decisive bullish shift: Nifty’s 25,000 max pain and put wall at 25,000 create a robust support floor, while BankNifty’s 56,000 max pain and FINNIFTY’s PCR surge (0.868) favor financial leadership. Traders should target Nifty 25,200 calls and BankNifty 56,500 straddles, leveraging SENSEX’s 82,000 support and MIDCPNIFTY’s 12,900 rebound zone. With global cues improving and FIIs likely covering shorts, these F&O bullish signals—PCR explosions, max pain clusters, and sectoral strength—suggest the rally has room to extend if indices hold key supports.
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
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