Strangle Indicators — FINNIFTY

Live OTM Strangle indicators — OTM Call (CE) + OTM Put (PE) at different strikes. Select index and strike width.

NIFTY BANKNIFTY FINNIFTY MIDCPNIFTY SENSEX
Strike Width: 1 Strike OTM 2 Strikes OTM 3 Strikes OTM (Step: 50 pts)

Updated: May 31, 2026 09:41 PM

OTM Call (CE) — 25400
668.20
OI: 1.7K
ATM / Spot
25350
25354
OTM Put (PE) — 25300
442.25
OI: 540
1110.45
Strangle Premium
0.32
PCR (OI)
26510
Upper Breakeven
24190
Lower Breakeven

Profit zone (short strangle): ▼ 24190 — stay between — ▲ 26510

OTM CE Strike (25400)
ATM (25350)
OTM PE Strike (25300)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
180 +0.00 624.00 25450 506.55 +0.00 300
1.7K +0.00 668.20 25400
OTM CE 		465.20 +0.00 2.2K
0 +0.00 1109.80 25350
ATM 		382.85 +0.00 0
0 +0.00 454.80 25300
OTM PE 		442.25 +0.00 540
0 +0.00 1175.65 25250 432.00 +0.00 120

What is a Strangle Strategy?

A strangle involves buying or selling an OTM Call (CE) and an OTM Put (PE) at different strikes. It's cheaper than a straddle but needs a larger move to profit.

  • Short Strangle: Sell OTM CE + OTM PE. Profit if underlying stays between the two strikes until expiry.
  • Long Strangle: Buy OTM CE + OTM PE. Profit if underlying moves sharply beyond either breakeven.
  • Width = 1: One strike OTM on each side. Width = 2 = two strikes, etc.

Related Tools

A strangle is an options strategy similar to a straddle but uses OTM (Out-of-the-Money) strikes. It is cheaper than a straddle but requires a larger price move to be profitable.

Generate AI summary