NIFTY Midcap Select

NSE: MIDCPNIFTYMid CapLot size: 120

NIFTY Midcap Select Option Chain Analysis

2026-09-292026-10-272026-11-23
Total CE OI
46.2 L
Total PE OI
45.8 L
PCR
0.99Neutral
CE OIChgVolIVLTPStrikeLTPIVVolChgPE OI
00%12,900%00
00%12,950%00
00%12,975%00
14K0%13,000%+12061K
00%13,025%00
00%13,050%00
00%13,075%00
00%13,100%00
00%13,125%00
00%13,150%00
00%13,175%00
00%13,200%00
00%13,225%00
00%13,250%00
00%13,275%00
00%13,300%00
00%13,325%00
00%13,350%00
00%13,375%00
7200%13,400%00
00%13,425%00
00%13,450%00
00%13,475%00
19K0%13,500%+70K3.5 L
00%13,525%00
00%13,550%00
00%13,575%00
3600%13,600%00
00%13,625%00
00%13,650%00
00%13,675%00
4800%13,700%00
00%13,725%00
00%13,750%00
00%13,775%00
1200%13,800%00
00%13,825%00
00%13,850%00
00%13,875%00
1200%13,900%00
00%13,925%00
00%13,950%00
00%13,975%00
34K-240%14,000ATM%+31K12.9 L
00%14,025%00
00%14,050%00
00%14,075%00
1200%14,100%-8K25K
00%14,125%00
00%14,150%00
00%14,175%00
3K0%14,200%-3K22K
00%14,225%00
1200%14,250%00
00%14,275%00
2K-240%14,300%-1K43K
7200%14,325%00
1K0%14,350%00
3600%14,375%+14K1.4 L
5K+120%14,400%+9K1.3 L
3K0%14,425%00
8400%14,450%00
6000%14,475%00
1.4 L+9K%14,500%+12K5.2 L
2K0%14,525%+2404K
13K0%14,550%-2K11K
9K-120%14,575%-2K8K
94K-64K%14,600%+9K2.2 L
11K-720%14,625%-1K12K
16K-120%14,650%+26K47K
13K-2K%14,675%+72013K
1.6 L+3K%14,700%-48K2.4 L
17K-2K%14,725%-10K24K
43K+17K%14,750%+2K23K
47K+36K%14,775%+6K13K
3.6 L+1.4 L%14,800%+97K3.4 L
34K+16K%14,825%-72019K
93K+38K%14,850%+4K23K
37K+6K%14,875%+12013K
2.7 L+19K%14,900%+3K2.2 L
25K+360%14,925%+12013K
49K+5K%14,950%-2K27K
30K-2K%14,975%-12023K
6.0 L-1.7 L%15,000%-2K4.3 L
22K-360%15,025%03K
67K+2K%15,050%028K
15K+1K%15,075%-1K19K
3.4 L+19K%15,100%+4801.6 L
12K-960%15,125%+1203K
34K+12K%15,150%03K
00%15,175%02K
2.6 L-360%15,200%-24017K
00%15,225%05K
00%15,250%04K
00%15,275%01K
2.7 L+21K%15,300%-6008K
00%15,325%0480
45K+1K%15,350%01K
4K-720%15,375%00
1.3 L+27K%15,400%02K
00%15,425%02K
00%15,450%0240
00%15,475%00
5.2 L-21K%15,500%09K
00%15,525%00
00%15,550%03K
00%15,575%02K
1200%15,600%00
00%15,625%00
00%15,650%00
00%15,675%00
00%15,700%00
00%15,725%00
00%15,750%00
00%15,775%00
00%15,800%00
00%15,825%00
00%15,850%00
00%15,875%00
2.4 L+7K%15,900%00
00%15,925%00
00%15,950%00
00%15,975%00
4.5 L+15K%16,000%0600
00%16,025%00
00%16,050%00
00%16,075%00
00%16,100%00
00%16,200%00
00%16,300%00
3600%16,400%00
59K+3K%16,500%03K
00%16,600%00

Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.

Live Greeks Panel

AI AnalysisGenerated daily after market close · AI-powered

Key Strike Levels

The open‑interest (OI) profile shows a pronounced concentration at the 14,800 and 14,750 call strikes, together accounting for roughly 1.80 lakh contracts, while the 14,800 put strike alone holds 95 k contracts. This clustering suggests that market participants view the 14,500‑15,000 band as the primary price corridor for the underlying index up to expiry on 29 September 2026. The highest call OI (10,000 contracts at 0 Δ) marks a resistance level around 14,800, whereas the equal‑sized put OI indicates a support foothold near the same strike, implying a relatively tight implied range centered on the current spot of 14,713.65.

OI Buildup Activity

During the latest reporting window, fresh call OI accrues at 14,800 (+1,43,520), 14,850 (+37,800) and 14,775 (+36,120), reflecting aggressive positioning by option writers near the upper edge of the implied range. On the put side, the 14,800 strike absorbs an additional 95,280 contracts, while 13,500 and 14,000 each gather 70,080 and 31,080 contracts respectively, indicating a complementary defensive tilt among sellers. The balance of new OI across these strikes points to a symmetric stance by market makers, seeking to hedge exposure while maintaining a neutral delta profile.

Volatility Read

The at‑the‑money implied volatility stands at 9.97 %, indicating modest price expectations for the remaining 25‑day horizon. The volatility skew is neutral, confirming that out‑of‑the‑money calls and puts are priced symmetrically around the spot.

Key OI Levels

The largest open‑interest concentrations reside at the 14,800 call (10,000 contracts) and the 14,800 put (10,000 contracts).

Frequently Asked Questions

What is the highest call OI strike for NIFTY Midcap Select today?
The strike with highest call (CE) open interest for NIFTY Midcap Select is ₹15,000 for the 2026-09-29 expiry. This acts as a key resistance level since call writers will defend this strike aggressively near expiry.
What is the highest put OI strike for NIFTY Midcap Select today?
The strike with highest put (PE) open interest for NIFTY Midcap Select is ₹14,000 for the 2026-09-29 expiry. This acts as a key support level — put writers will tend to defend this level near expiry.
What does OI buildup in NIFTY Midcap Select options mean?
Open Interest (OI) buildup in NIFTY Midcap Select options shows how many net new contracts are being created at each strike. Rising OI at a strike means fresh positions (writers or buyers). Rising OI with rising price = long buildup (bullish); rising OI with falling price = short buildup (bearish).
When does NIFTY Midcap Select options expire?
NIFTY Midcap Select options have their nearest expiry on 2026-09-29. NSE F&O stocks have monthly expiry contracts — typically the last Tuesday of each month. MarketNetra shows data for the nearest two expiries.
How to read NIFTY Midcap Select option chain?
The NIFTY Midcap Select option chain shows calls (CE) on the left and puts (PE) on the right for each strike price. Key columns: OI (total open contracts), OI Change (new positions today), Volume (today's trades), IV (implied volatility — higher = more uncertainty), and LTP (last traded price). The ATM (at-the-money) strike is highlighted in blue.