Options Flow
NIFTY Option Chain Analysis Today
The NIFTY option chain read for you — how open interest is being built (long vs short buildup, covering, unwinding), where the call and put walls sit, and what the PCR, premium flow and IV say about positioning. Weekly expiry 2026-09-15.
Days to expiry
4
weekly expiry
PCR (OI)
1.11
mildly put-heavy
PCR (Vol)
0.73
volume-based
IV trend
low complacency
premium regime
How OI is building
Strike-sides classified by open-interest change and price. Green = bullish intent, red = bearish intent.
Plus 0 call short-covering and 0 put unwinding — both supportive. 1 of 62 strike-sides lean supportive.
Call & put OI walls
Open interest by strike — call OI (resistance) left, put OI (support) right.
Premium flow
Call premium
₹30,653 Cr
Put premium
₹13,692 Cr
Put ÷ Call
0.4×
call-premium heavy
Draconic read
Positioning observed defensive — 1 of 62 strike-sides supportive.
Generated from 6 of 176+ Draconic signals · 11 Sept, 15:30 IST · analysis, not advice
How we compute this
For every strike we compare the change in open interest against the price move to classify positioning — long buildup, short buildup, short covering or long unwinding — then count how many strike-sides fall in each bucket. That labelled read is what separates this from a raw option chain: it shows intent, not just the OI number. The call and put OI walls are the strikes carrying the heaviest interest, which tend to act as resistance and support.
PCR on open interest and volume frames directional positioning; premium flow (total call vs put premium traded) shows where money is actually going; IV trend frames how rich premiums are. This options-positioning layer is one of several Draconic reads alongside 176+ signals.
Frequently asked
What is OI buildup?
Open-interest buildup classifies how positioning is changing at each strike: long buildup (price up + OI up = new longs), short buildup (price down + OI up = new shorts), short covering (price up + OI down = shorts exiting) and long unwinding (price down + OI down = longs exiting). It shows intent, not just the raw OI number.
Does 'short buildup' mean bearish?
Only on calls. Short buildup (fresh writing) on CALLS caps upside — bearish context. But short buildup on PUTS is put-writing, which builds support — bullish context. That's why this tool splits every strike by option type instead of lumping them together: a chain can read net-constructive even when 'short buildup' is the single most common label. It is context on positioning, not a signal.
What is a call or put wall?
A call wall is a strike with very heavy call open interest that often acts as resistance; a put wall is heavy put OI that often acts as support. Price frequently gravitates between the strongest walls into expiry.
What does the put-call ratio (PCR) tell you?
PCR on open interest divides put OI by call OI. High PCR (put-heavy) reflects bearish positioning or heavy hedging; low PCR (call-heavy) reflects bullish or complacent positioning. It works best as a contrarian read at extremes, alongside buildup and premium flow.
Is this a buy or sell signal?
No. This is educational analysis of options positioning — not advice, a recommendation, or a prediction. Cross-check before acting.
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Educational analysis only — not investment advice, not a recommendation, and not a prediction. Draconic is not a SEBI-registered investment adviser, research analyst, or broker-dealer. All figures are derived analytics computed from market data and may be delayed or incorrect; levels shown are observed structure, not targets. Do your own research and cross-check before acting — even Draconic can miss.