Both sides won their opening games in Group G, with los Colchoneros on a high with seven wins in as many Liga games this season.
Diego Simeone’s side kicked its European campaign off with a 3-1 win over Zenit at the Estadio Vicente Calderon, with Miranda, Arda Turan and Leo Baptistao grabbing the goals.
Atletico has since also beaten city rival Real Madrid at the Santiago Bernabeu in La Liga, a result that will fill the club with confidence ahead of its clash with the Portuguese outfit.
Porto travelled to the Ernst Happel Stadion on the opening Champions League matchday and picked up a slender 1-0 win at Austria Vienna thanks to a Lucho Gonzalez strike.
Domestically, the Portuguese side sits top of the Primeira Liga, but coach Paulo Fonseca has not been immune to criticism over the side's struggles to win convincingly
From the first six matches Porto has won five times, with only a 2-2 draw against Estoril denying the club a 100 percent record.
The Portuguese champion is competing in its 18th Champions League campaign, the same number as Barcelona and Real Madrid, and bettered only by Manchester United.
In last season’s competition, Porto won all of its home matches and has not lost at Estadio Dragao in the league since Oct. 2008.
Atletico comes into the tie in excellent form, however. The team are the only side to have matched Barcelona’s seven wins from as many games in La Liga so far and is unbeaten in 13 matches in all competitions.
The two sides have only faced each other on four previous occasions and all came in 2009 as Porto won twice, with their other ties ending in draws.
Simeone has virtually a full squad to pick from as Adrian (knee) is the only player who looks set to miss out with injury, while Diego Costa will make a return from suspension.
Fonseca’s side should also be full strength, with Steven Defour making his return from a knock against Guimaraes on Friday.