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: Sep 12, 2026 04:40 PM

OTM Call (CE) — 25700
284.30
OI: 16.5K
ATM / Spot
25550
25545
OTM Put (PE) — 25400
190.40
OI: 7.9K
474.70
Strangle Premium
0.48
PCR (OI)
26175
Upper Breakeven
24925
Lower Breakeven

Profit zone (short strangle): ▼ 24925 — stay between — ▲ 26175

OTM CE Strike (25700)
ATM (25550)
OTM PE Strike (25400)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
1.4K +0.00 247.85 25750 452.45 +0.00 5.3K
16.5K +0.00 284.30 25700
OTM CE 		322.95 +0.00 15.9K
2.0K +0.00 303.25 25650 304.20 +0.00 4.0K
13.0K +0.00 334.60 25600 268.45 +0.00 11.3K
2.0K +0.00 361.00 25550
ATM 		244.75 +0.00 3.5K
32.3K +0.00 388.45 25500 228.00 +0.00 28.9K
2.2K +0.00 396.00 25450 212.70 +0.00 4.6K
2.9K +0.00 466.00 25400
OTM PE 		190.40 +0.00 7.9K
1.4K +0.00 495.00 25350 176.00 +0.00 1.0K

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.

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