Nifty Midcap Select Option Chain, Max Pain & OI
Live MidcpNifty option chain, max pain, OI and PCR for the Nifty Midcap Select index.
MidcpNifty (Nifty Midcap Select) gives options traders exposure to India's midcap segment, which tends to swing harder than large-cap indices. Its tight 25-point strike gap means finer strike granularity than Nifty or BankNifty.
This page covers reading the MidcpNifty option chain, max pain, open interest and PCR — all streamed live and lot-adjusted on Quintal Mind.
Reading the MidcpNifty Option Chain
The MidcpNifty option chain lists every available call and put strike for the current expiry on NSE, with last price, volume, open interest, change in OI, implied volatility and bid–ask for each. MidcpNifty options trade with a strike gap of 25 and a lot size of 120.
Quintal Mind streams the MidcpNifty chain live over a compressed WebSocket, so LTP, OI and IV update in real time during market hours instead of the 3-minute delay on the exchange site. The ATM strike is highlighted and the chain is centred on spot so the relevant strikes are always in view.
MidcpNifty Max Pain & Open Interest
Max pain — the strike where the most MidcpNifty options expire worthless — is recalculated live as open interest shifts through the day. The highest call OI strike often acts as resistance and the highest put OI strike as support, and MidcpNifty frequently gravitates toward the max pain level into expiry.
Watching OI change (not just absolute OI) tells you whether positions at a strike are being built or unwound — the difference between fresh conviction and a fading move.
MidcpNifty PCR & Sentiment
The MidcpNifty Put-Call Ratio (PCR), computed from total put OI ÷ total call OI, is a quick sentiment gauge: a high PCR leans bullish (heavy put writing), a low PCR leans bearish (heavy call writing). Quintal Mind shows live PCR alongside the chain so you have context before every trade.
Frequently Asked Questions
What is the MidcpNifty lot size and strike gap?
MidcpNifty options have a lot size of 120 and a strike gap of 25 points — the tightest gap among the major NSE index options.
What does MidcpNifty track?
MidcpNifty follows the Nifty Midcap Select index, a basket of liquid midcap stocks, so its options carry midcap-style volatility rather than large-cap stability.
Other Option Chains
Related Tools
See the Live MidcpNifty Chain
Real-time MidcpNifty option chain, max pain, open interest, PCR and IV — updated live during market hours.
Open MidcpNifty Live →