fnoscan

Nifty 50 option chain

Compare call and put open interest, change in OI, volume, implied volatility, modelled Greeks and premiums across strikes for the selected expiry.

Nifty 50 option chain
▾
INDEX
23,140.50+77.40 (+0.34%)
Expiry
PCR0.92
Max Pain23,250
India VIX12.16
ATM IV10.1%
Total Call OI21.89Cr
Total Put OI20.17Cr
Lot65
Live as of 16:10 IST · Customize columns with ⚙

Nifty 50 is at 23,140.50 for the 29 Sep 2026 expiry. The highest call-OI concentration is at 24,000, while the highest put-OI concentration is at 23,000. PCR is 0.92 and Max Pain is 23,250. Updated 16:10 IST; latest available snapshot.

Option Chain — Live

CALLS
PUTS
LTP ↕
%Chg ↕
OI ↕
ΔOI ↕
IV ↕
Δ ↕
Vol ↕
STRIKE
Vol ↕
Δ ↕
IV ↕
ΔOI ↕
OI ↕
%Chg ↕
LTP ↕
10,499.30
+0.00%
0
+0
500.0%
0.86
0
15,000
1.20L
-0.00
121.9%
+12.8K
1.22L
-55.56%
0.20
10,168.85
+0.00%
0
+0
500.0%
0.82
0
16,500
2.92L
-0.00
98.1%
+8.3K
1.55L
-28.57%
0.25
5,190.00
+0.91%
780
+0
126.8%
0.98
260
18,000
9.17L
-0.00
73.1%
-44.0K
7.92L
-50.00%
0.20
3,676.30
+1.90%
1.02L
-8.6K
81.4%
0.98
29.2K
19,500
11.94L
-0.00
53.5%
-1.88L
8.51L
-53.33%
0.35
3,411.95
+0.00%
0
+0
220.2%
0.72
0
20,800
55.90L
-0.00
36.2%
+3.95L
3.95L
-97.97%
0.55
3,364.75
+0.00%
0
+0
218.4%
0.72
0
20,850
1.74L
-0.00
35.8%
+26.3K
26.9K
-93.33%
0.60
3,317.65
+0.00%
0
+0
216.5%
0.71
0
20,900
9.02L
-0.00
35.3%
+99.1K
99.1K
-97.92%
0.65
3,270.70
+0.00%
0
+0
214.6%
0.71
0
20,950
1.67L
-0.00
33.7%
+26.4K
26.4K
-98.51%
0.50
2,194.10
+4.02%
3.31L
-73.9K
58.3%
0.95
1.45L
21,000
1.83Cr
-0.00
34.5%
-14.66L
95.87L
-50.00%
0.80
3,177.20
+0.00%
0
+0
210.9%
0.71
0
21,050
2.60L
-0.00
33.8%
+30.8K
30.8K
-97.92%
0.80
3,130.65
+0.00%
0
+0
209.1%
0.70
0
21,100
22.08L
-0.00
34.4%
+2.91L
2.91L
-14.29%
1.20
3,084.30
+0.00%
0
+0
207.3%
0.70
0
21,150
5.99L
-0.00
33.0%
+74.5K
76.4K
-60.00%
1.00
3,038.10
+0.00%
0
+0
205.5%
0.70
0
21,200
26.11L
-0.00
31.1%
+1.39L
1.57L
-60.00%
0.70
2,992.05
+0.00%
0
+0
203.7%
0.70
0
21,250
6.91L
-0.00
31.3%
+72.7K
72.7K
-98.11%
0.95
2,946.20
+0.00%
0
+0
201.9%
0.69
0
21,300
13.74L
-0.00
30.5%
+75.9K
1.29L
-47.22%
0.95
2,900.50
+0.00%
0
+0
200.1%
0.69
0
21,350
43.77L
-0.00
29.0%
-6.20L
18.28L
-63.41%
0.75
2,015.20
+0.00%
65
+0
92.6%
0.81
0
21,400
84.19L
-0.01
29.6%
+57.0K
27.12L
-45.24%
1.15
2,809.70
+0.00%
0
+0
196.7%
0.68
0
21,450
20.13L
-0.00
28.7%
-16.4K
2.33L
-51.11%
1.10
1,940.00
+0.00%
65
+0
92.9%
0.79
0
21,500
2.06Cr
-0.01
28.0%
-1.80L
41.18L
-46.51%
1.15
2,719.75
+0.00%
0
+0
193.2%
0.68
0
21,550
24.33L
-0.00
26.7%
+67.9K
3.15L
-62.00%
0.95
1,584.50
+5.12%
37.8K
-4.0K
40.8%
0.95
9.2K
21,600
78.76L
-0.01
26.9%
-62.3K
11.37L
-48.00%
1.30
1,590.00
+0.00%
65
+0
55.0%
0.89
0
21,650
30.46L
-0.01
26.2%
+29.2K
3.47L
-50.91%
1.35
1,820.00
+0.00%
0
+0
96.9%
0.76
0
21,700
90.20L
-0.01
25.0%
+1.99L
17.27L
-57.14%
1.20
1,700.00
+0.00%
65
+0
85.7%
0.77
0
21,750
56.32L
-0.01
24.7%
+3.32L
6.82L
-54.10%
1.40
1,300.00
-6.88%
65
+0
—
—
65
21,800
2.00Cr
-0.01
23.9%
+7.82L
30.93L
-54.84%
1.40
1,250.00
+0.00%
65
+0
—
—
0
21,850
86.32L
-0.01
23.4%
+6.14L
8.70L
-54.41%
1.55
1,210.00
+0.00%
650
+0
—
—
0
21,900
1.53Cr
-0.01
22.1%
+7.72L
17.79L
-65.33%
1.30
1,267.85
+0.00%
130
+0
42.1%
0.89
0
21,950
72.22L
-0.01
21.3%
+1.82L
6.53L
-68.67%
1.30
1,189.65
+6.88%
5.20L
-1.14L
33.6%
0.93
2.31L
22,000
5.81Cr
-0.01
21.2%
+9.49L
1.31Cr
-62.64%
1.70
1,140.00
-0.87%
715
+650
32.6%
0.93
715
22,050
95.44L
-0.01
20.2%
-41.3K
4.93L
-66.67%
1.60
1,083.75
+7.32%
1.5K
-65
29.4%
0.94
650
22,100
1.76Cr
-0.01
19.8%
+10.79L
21.83L
-64.08%
1.85
960.00
+0.00%
4.0K
+0
—
—
0
22,150
1.26Cr
-0.01
19.1%
+2.11L
5.37L
-65.18%
1.95
988.60
+8.22%
4.9K
-2.9K
28.6%
0.92
13.6K
22,200
4.17Cr
-0.01
18.6%
+6.94L
41.84L
-62.50%
2.25
820.00
-7.95%
455
-1.2K
—
—
1.4K
22,250
2.82Cr
-0.01
17.8%
+3.87L
10.42L
-65.41%
2.30
872.60
+7.50%
3.8K
+2.1K
20.6%
0.96
5.7K
22,300
3.91Cr
-0.02
17.0%
+5.42L
38.01L
-67.81%
2.35
846.95
+12.34%
2.1K
+0
27.2%
0.90
1.1K
22,350
2.61Cr
-0.02
16.5%
+1.79L
13.06L
-67.86%
2.70
785.05
+9.07%
10.0K
+4.2K
22.9%
0.92
20.2K
22,400
4.55Cr
-0.02
15.7%
+10.58L
42.28L
-69.73%
2.80
738.65
+10.75%
19.8K
+9.7K
22.7%
0.91
33.5K
22,450
3.49Cr
-0.02
15.1%
+6.64L
19.48L
-70.09%
3.20
692.40
+11.88%
5.57L
-1.01L
22.4%
0.90
8.99L
22,500
7.59Cr
-0.03
14.6%
+16.02L
1.05Cr
-69.35%
3.80
647.20
+11.89%
18.9K
+11.8K
22.1%
0.88
100.0K
22,550
3.60Cr
-0.03
13.9%
+8.05L
21.23L
-70.11%
4.20
594.25
+14.98%
56.7K
-2.7K
20.2%
0.88
2.14L
22,600
5.96Cr
-0.04
13.3%
+14.53L
48.83L
-70.39%
4.90
540.00
+12.10%
46.7K
+195
18.1%
0.89
1.28L
22,650
3.96Cr
-0.04
12.7%
+6.66L
28.81L
-71.75%
5.65
496.90
+14.39%
1.26L
+50.4K
18.1%
0.86
10.36L
22,700
8.25Cr
-0.05
12.1%
+19.41L
65.41L
-71.37%
6.80
451.10
+14.86%
61.0K
+5.5K
17.5%
0.84
4.97L
22,750
6.25Cr
-0.07
11.6%
+15.26L
36.44L
-71.08%
8.40
400.40
+15.86%
4.14L
+24.8K
16.0%
0.83
56.89L
22,800
13.52Cr
-0.09
11.2%
+17.64L
89.20L
-69.52%
10.85
358.05
+17.39%
1.02L
-1.4K
15.7%
0.80
27.42L
22,850
8.83Cr
-0.11
10.8%
+15.25L
44.09L
-67.47%
14.15
310.80
+18.06%
4.57L
+80.5K
14.5%
0.78
1.69Cr
22,900
17.04Cr
-0.15
10.5%
+9.15L
65.54L
-64.60%
19.10
265.90
+17.08%
4.05L
+1.38L
13.6%
0.75
1.75Cr
22,950
13.96Cr
-0.19
10.1%
+10.86L
34.38L
-62.40%
24.95
224.35
+17.22%
33.56L
-5.30L
12.9%
0.70
14.00Cr
23,000
40.71Cr
-0.24
9.8%
+28.50L
1.46Cr
-58.56%
34.00
184.55
+15.02%
24.10L
+10.58L
12.2%
0.65
15.19Cr
23,050
32.99Cr
-0.30
9.4%
+35.72L
63.63L
-55.51%
44.40
150.15
+14.10%
93.00L
+22.31L
11.8%
0.59
34.98Cr
23,100
46.74Cr
-0.38
9.0%
+38.67L
1.15Cr
-51.92%
58.30
119.25
+11.61%
38.17L
+5.06L
11.5%
0.53
21.81Cr
23,150
ATM
17.72Cr
-0.47
8.7%
+24.10L
41.75L
-47.11%
76.75
92.00
+8.30%
97.82L
-21.68L
11.2%
0.45
30.78Cr
23,200
16.01Cr
-0.57
8.4%
+15.57L
64.09L
-43.21%
99.10
68.85
+3.69%
61.96L
-36.83L
10.9%
0.38
16.32Cr
23,250
MAX PAIN
4.37Cr
-0.66
8.2%
-99.7K
34.44L
-37.85%
128.10
50.90
-1.45%
99.02L
-17.54L
10.8%
0.31
21.72Cr
23,300
3.98Cr
-0.77
7.4%
-3.94L
51.55L
-34.26%
157.75
37.05
-6.79%
52.33L
+7.91L
10.7%
0.24
11.06Cr
23,350
83.79L
-0.87
6.7%
-2.17L
8.99L
-30.40%
194.35
26.60
-13.78%
1.00Cr
-4.84L
10.7%
0.19
14.33Cr
23,400
1.18Cr
—
—
-4.18L
36.11L
-26.95%
233.00
18.80
-20.17%
44.98L
-1.99L
10.8%
0.14
8.10Cr
23,450
24.13L
—
—
-1.95L
9.01L
-24.45%
274.55
13.30
-27.12%
1.46Cr
+10.52L
10.9%
0.11
13.74Cr
23,500
83.80L
—
—
-6.04L
48.46L
-21.51%
318.75
10.20
-27.14%
53.73L
+11.79L
11.3%
0.08
5.83Cr
23,550
4.76L
—
—
-43.9K
3.15L
-19.75%
363.75
7.05
-37.05%
77.42L
-3.41L
11.4%
0.06
7.82Cr
23,600
15.93L
—
—
-2.94L
11.57L
-16.40%
417.55
5.55
-39.67%
39.97L
-5.49L
11.8%
0.05
5.23Cr
23,650
1.84L
—
—
-23.1K
2.31L
-15.46%
461.65
4.45
-41.45%
71.94L
+1.21L
12.2%
0.04
6.27Cr
23,700
6.58L
—
—
-91.7K
6.83L
-14.91%
508.85
3.50
-45.74%
24.97L
-5.08L
12.6%
0.03
3.47Cr
23,750
1.01L
—
—
-35.6K
1.94L
-12.73%
560.55
3.10
-45.13%
72.32L
+1.32L
13.2%
0.03
6.34Cr
23,800
10.27L
—
—
-5.07L
8.28L
-12.00%
608.60
2.50
-48.45%
25.53L
+1.96L
13.6%
0.02
2.97Cr
23,850
49.1K
—
—
-16.8K
1.02L
-10.13%
666.80
2.50
-41.86%
58.60L
-18.08L
14.4%
0.02
5.59Cr
23,900
3.47L
—
—
-2.07L
5.80L
-10.24%
710.25
2.30
-43.21%
18.78L
-2.16L
15.0%
0.02
2.51Cr
23,950
39.0K
—
—
-13.8K
1.18L
-10.81%
757.35
2.10
-44.00%
1.58Cr
-35.66L
15.6%
0.02
8.58Cr
24,000
26.61L
—
—
-14.19L
31.88L
-8.72%
809.50
1.65
-50.75%
15.09L
-17.10L
15.9%
0.01
1.80Cr
24,050
6.4K
—
—
-325
80.5K
-7.43%
867.05
1.40
-51.72%
57.19L
+2.49L
16.3%
0.01
3.41Cr
24,100
1.16L
—
—
-54.7K
3.92L
-8.00%
909.00
1.15
-56.60%
16.58L
-91.2K
16.6%
0.01
87.53L
24,150
13.9K
—
—
-9.4K
1.14L
-8.12%
964.65
1.25
-45.65%
79.65L
-10.76L
17.5%
0.01
3.36Cr
24,200
3.42L
—
—
-1.71L
9.40L
-6.80%
1,011.10
1.20
-42.86%
17.67L
-4.35L
18.2%
0.01
91.44L
24,250
7.6K
—
—
-650
1.43L
-6.47%
1,065.05
1.05
-44.74%
59.11L
-21.53L
18.6%
0.01
2.34Cr
24,300
10.27L
—
—
-4.45L
21.08L
-5.99%
1,122.05
1.10
-43.59%
15.94L
-1.69L
19.4%
0.01
52.84L
24,350
15.6K
—
—
+325
2.99L
-5.76%
1,160.10
0.95
-42.42%
36.66L
-4.08L
19.7%
0.01
1.29Cr
24,400
4.31L
—
—
-2.90L
11.62L
-6.15%
1,205.40
0.85
-45.16%
3.67L
-36.9K
20.2%
0.01
19.56L
24,450
4.9K
—
—
-2.7K
73.4K
-5.19%
1,266.50
0.80
-50.00%
1.07Cr
-19.60L
20.7%
0.01
3.28Cr
24,500
10.93L
—
—
-4.30L
15.82L
-6.13%
1,304.25
0.70
-50.00%
11.75L
-26.2K
21.1%
0.00
51.51L
24,550
910
—
—
-325
44.7K
-4.64%
1,373.20
0.65
-45.83%
33.42L
-1.72L
21.6%
0.00
1.15Cr
24,600
1.55L
—
—
-68.2K
4.96L
-5.52%
1,406.45
0.60
-50.00%
8.55L
-20.7K
22.0%
0.00
26.72L
24,650
3.4K
—
—
-325
33.8K
-5.16%
1,470.00
0.60
-47.83%
36.12L
-1.60L
22.7%
0.00
52.36L
24,700
71.7K
—
—
-25.8K
1.58L
-5.00%
1,507.05
0.60
-47.83%
3.48L
-3.3K
23.3%
0.00
8.38L
24,750
390
—
—
+0
24.8K
-5.52%
1,562.95
0.55
-47.62%
28.95L
-6.63L
23.7%
0.00
56.05L
24,800
72.9K
—
—
-37.7K
2.04L
-5.00%
1,617.35
0.55
-50.00%
1.49L
-2.7K
24.4%
0.00
4.28L
24,850
845
—
—
-715
10.5K
-3.70%
1,670.80
0.55
-47.62%
14.10L
-4.15L
25.0%
0.00
33.53L
24,900
6.2K
—
—
-2.3K
54.4K
-4.16%
1,725.00
0.55
-50.00%
1.91L
+56.4K
25.6%
0.00
6.93L
24,950
65
-0.89
55.3%
-65
4.5K
+18.00%
1,848.00
0.60
-42.86%
86.27L
-26.59L
26.5%
0.00
1.98Cr
25,000
5.74L
—
—
-1.67L
11.96L
-4.53%
1,808.70
0.60
-45.45%
91.1K
+11.6K
27.1%
0.00
3.42L
25,050
195
-0.89
59.3%
-65
3.3K
+0.87%
1,956.00
0.55
-47.62%
6.24L
-3.29L
27.5%
0.00
17.73L
25,100
10.9K
—
—
-7.0K
80.3K
-3.57%
1,921.30
0.55
-45.00%
79.8K
-3.1K
28.1%
0.00
2.83L
25,150
0
—
—
+0
1.6K
+0.00%
1,926.00
0.50
-50.00%
6.29L
+2.5K
28.4%
0.00
16.25L
25,200
7.6K
—
—
-5.7K
66.3K
-3.82%
2,009.50
0.60
-36.84%
58.9K
-975
29.6%
0.00
1.04L
25,250
0
—
—
+0
2.2K
+0.00%
1,800.00
0.50
-50.00%
4.46L
+12.0K
29.6%
0.00
11.24L
25,300
3.6K
—
—
-2.3K
23.7K
-3.30%
2,120.00
0.50
-52.38%
27.4K
+845
30.2%
0.00
59.4K
25,350
0
—
—
+0
1.0K
+0.00%
850.00
0.50
-47.37%
1.79L
-37.4K
30.8%
0.00
4.98L
25,400
1.5K
-1.00
31.3%
-1.2K
19.9K
+3.58%
2,232.25
0.50
-44.44%
37.8K
-65
31.4%
0.00
61.8K
25,450
0
—
—
+0
585
+0.00%
2,000.00
0.55
-38.89%
25.86L
-2.52L
32.3%
0.00
19.78L
25,500
2.79L
—
—
-15.9K
7.60L
-3.22%
2,311.00
0.55
-38.89%
1.31L
+36.3K
32.9%
0.00
1.77L
25,550
0
—
—
+0
390
+0.00%
2,166.55
0.60
-25.00%
1.19L
-90.3K
33.8%
0.00
5.12L
25,600
6.8K
—
—
-325
28.8K
-5.10%
2,420.00
0.45
-43.75%
59.0K
+1.6K
33.5%
0.00
62.3K
25,650
0
—
—
+0
520
+0.00%
2,200.00
0.50
-37.50%
2.61L
-7.9K
34.4%
0.00
4.75L
25,700
2.2K
—
—
-2.0K
8.7K
-3.82%
2,515.00
0.45
-43.75%
20.3K
-65
34.6%
0.00
37.5K
25,750
0
—
—
+0
260
+0.00%
2,270.00
0.45
-40.00%
3.24L
-52.5K
35.2%
0.00
6.14L
25,800
2.5K
—
—
-2.0K
17.6K
-2.99%
2,600.00
0.45
-43.75%
21.6K
+3.0K
35.8%
0.00
46.3K
25,850
845
-0.87
88.0%
+845
845
+51.09%
2,809.85
0.40
-38.46%
2.15L
+4.0K
36.0%
0.00
5.36L
25,900
1.9K
—
—
-1.7K
2.5K
-2.29%
2,724.00
0.40
-46.67%
27.6K
+1.3K
36.5%
0.00
53.3K
25,950
0
—
—
+0
65
+0.00%
1,299.00
0.40
-42.86%
29.92L
-1.68L
37.1%
0.00
20.41L
26,000
4.89L
—
—
-2.33L
12.32L
-2.53%
2,817.30
0.40
-42.86%
27.2K
+2.4K
37.6%
0.00
77.0K
26,050
0
-0.95
67.2%
+0
65
+0.00%
2,915.00
0.40
-46.67%
30.5K
+2.9K
38.2%
0.00
59.0K
26,100
3.3K
-0.92
79.3%
-3.2K
4.5K
+1.01%
3,000.00
0.40
-38.46%
17.0K
+130
38.8%
0.00
36.9K
26,150
0
—
—
+0
65
+0.00%
1,720.00
0.40
-46.67%
1.66L
-4.2K
39.3%
0.00
2.34L
26,200
6.0K
—
—
-1.8K
33.9K
-2.30%
3,010.00
0.35
-53.33%
30.5K
+7.3K
39.4%
0.00
31.5K
26,250
0
—
—
+0
0
+0.00%
2,180.00
0.35
-50.00%
1.22L
+12.5K
40.0%
0.00
1.68L
26,300
31.8K
-0.75
157.5%
-5.3K
56.3K
+2.92%
3,645.55
0.35
-46.15%
26.0K
+17.6K
40.5%
0.00
55.5K
26,350
0
—
—
+0
0
+0.00%
2,262.90
0.45
-35.71%
16.9K
-2.8K
41.9%
0.00
46.4K
26,400
130
-0.98
61.0%
-65
2.7K
+2.45%
3,242.40
0.35
-46.15%
12.3K
+910
41.6%
0.00
20.0K
26,450
0
—
—
+0
0
+0.00%
2,346.80
0.35
-41.67%
5.82L
-84.4K
42.1%
0.00
7.05L
26,500
99.7K
—
—
-69.5K
5.56L
-2.25%
3,315.00
0.45
-25.00%
10.7K
+1.9K
43.6%
0.00
29.5K
26,550
0
—
—
+0
0
+0.00%
2,431.75
0.40
-20.00%
40.7K
+1.7K
43.7%
0.00
90.0K
26,600
0
—
—
+0
0
+0.00%
2,474.55
0.35
-36.36%
9.4K
+1.4K
43.7%
0.00
17.9K
26,650
0
—
—
+0
0
+0.00%
2,517.60
0.30
-50.00%
10.9K
+1.4K
43.7%
0.00
49.1K
26,700
0
—
—
+0
0
+0.00%
2,560.85
0.30
-45.45%
13.5K
-1.2K
44.2%
0.00
26.5K
26,750
0
—
—
+0
65
+0.00%
2,201.15
0.45
-25.00%
12.2K
+585
46.3%
0.00
83.8K
26,800
0
—
—
+0
1.4K
+0.00%
2,222.10
0.45
-25.00%
13.1K
+2.1K
46.8%
0.00
49.5K
26,850
0
—
—
+0
0
+0.00%
2,691.90
0.30
-40.00%
14.0K
-130
45.8%
0.00
22.7K
26,900
0
—
—
+0
65
+0.00%
2,776.00
0.30
-50.00%
14.6K
-65
46.3%
0.00
33.0K
26,950
0
—
—
+0
0
+0.00%
2,780.25
0.35
-30.00%
15.31L
-1.23L
47.4%
0.00
8.79L
27,000
2.17L
—
—
-1.41L
11.08L
-1.95%
3,820.00
0.30
-33.33%
23.5K
+650
47.3%
0.00
65.9K
27,050
0
—
—
+0
0
+0.00%
2,869.35
0.30
-40.00%
48.6K
+7.2K
47.9%
0.00
1.04L
27,100
0
—
—
+0
0
+0.00%
2,914.15
0.30
-25.00%
78.7K
-3.6K
48.4%
0.00
1.12L
27,150
0
—
—
+0
0
+0.00%
2,959.15
0.35
-30.00%
2.59L
+47.6K
49.5%
0.00
4.27L
27,200
0
—
—
+0
0
+0.00%
3,004.30
0.20
-42.86%
4.05L
-54.9K
59.9%
0.00
2.82L
28,500
1.18L
—
—
-73.3K
2.54L
-2.00%
5,301.20
0.20
-42.86%
2.68L
-11.0K
73.4%
0.00
1.07L
30,000
37.4K
—
—
-26.8K
95.7K
-1.42%
6,801.45
0.25
-16.67%
17.5K
+1.4K
87.4%
0.00
12.4K
31,500
0
—
—
+0
0
+0.00%
4,341.20
0.20
-33.33%
73.6K
+12.3K
97.9%
0.00
47.8K
33,000
0
—
—
+0
0
+0.00%
6,552.15
0.20
-63.64%
14.9K
+1.8K
109.2%
0.00
32.8K
34,500
0
—
—
+0
0
+0.00%
7,064.95

FNOScan guide

Quick answers

Frequently asked questions

What is the Nifty 50 option chain?

It is a strike-by-strike table of Nifty 50 call and put contracts for a selected expiry, including premiums, open interest, change in OI, volume, implied volatility and Greeks where available.

How should open interest be read?

Open interest is the number of outstanding contracts at a strike. A concentration shows where positions are clustered, but OI alone does not identify whether every position was bought or written.

What is change in OI?

Change in OI shows how many open contracts were added or closed during the session. Combine it with price and volume rather than treating it as an automatic signal.

What are PCR and Max Pain?

PCR compares put and call open interest for the selected scope. Max Pain is a changing calculation based on the current OI distribution. Neither is a guaranteed market level or trading signal.