Expiry day

What is expiring, and where the writers sit

The nearest contract expires in 7 sessions — this page is arranged for that session, not for today.

as of Thu 15 Oct 15:30 option chain · index close Thu 15 Oct 2026

SENSEX

CSV
expires
Thu 22 Oct 2026 · weekly
sessions to go
7
where it closed
74,315.61
at the money
74,200
heaviest calls
75,000
heaviest puts
73,000
most value expires at
73,900
put-call ratio
1.45
Open interest by strikeWeekly expiry · Thu 22 Oct · 7 days to go · PCR 1.45
calls writtenputs written74,50074,500 calls — 3,47,060 contracts open74,00074,000 calls — 3,28,020 contracts open74,10074,100 calls — 1,05,380 contracts open74,00074,000 puts — 4,35,160 contracts open74,10074,100 puts — 85,060 contracts open73,80073,800 puts — 81,100 contracts open74,316

The heaviest strikes and the point where most value expires are where positions SIT. This desk tested whether they act as barriers and the answer came back negative, which is written up in full.

What expiry day is, and is not

An Indian index option settles in cash against a level computed from a window near the close, so no single print decides what every contract pays. Time value that was worth something on Monday is worth nothing by the afternoon — which is most of what traders describe as expiry behaviour.

How settlement works
For NIFTYthe timeframes are not reading the same way; day falling; week rising; month sidewaysfalling