F&O Action: How are Nifty and Bank Nifty call and put option players placed for todays expiry?

Max pain for Nifty stands at 18200 and for Bank Nifty stands at 38500

NIFTY

Activity on the F&O front for weekly expiry on 13-Jan-2022 shows highest call open interest contract of 196701 stood at 18,500. The second-highest call option open interest 194026 for Nifty 50 stood at a strike price of 18300. In terms of the highest addition of open interest in the call options front, it was at 18300 in the last trading session. A total of 112296 open interest was added at this strike price.

In terms of put activity, the highest put writing was seen at a strike price of 18200 (183897) open interest added on (13-Jan-2022), followed by 18100 where (105915) open interest added on 13-Jan-2022. Highest total put open interest (188897) stood at a strike price of 18200. This is followed by a strike price of 18000, which saw a total put option open interest of 144805 contracts.

The Nifty 50 put call ratio (PCR) closed at 1.17 for the day.

Max pain at the end of today's trade stand at 18200.

Bank Nifty

Activity on the F&O front for weekly expiry on 13-Jan-2022 shows 39000 to act as a strong resistance now. Highest call open interest contract of 176514 stood at this strike price. The second-highest call option open interest 157748 for Nifty 50 stood at a strike price of 38800. In terms of the highest addition of open interest in the call options front, it was at 38800 in the last trading session. A total of 135651 open interest was added at this strike price.
 In terms of put activity, the highest put writing was seen at a strike price of 38500 (142720) open interest added on (13-Jan-2022), followed by 38400 where (83234) open interest added on 13-Jan-2022. Highest total put open interest (172365) stood at a strike price of 38500. This is followed by a strike price of 38000, which saw a total put option open interest of 134337 contracts.

The Bank Nifty 50 put call ratio (PCR) closed at 0.84 for the day

Max pain at the end of today's trade stand at 38500.