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: Jul 28, 2026 12:22 AM

OTM Call (CE) — 26300
38.00
OI: 79.8K
ATM / Spot
26150
26126
OTM Put (PE) — 26000
22.85
OI: 1.38L
60.85
Strangle Premium
1.73
PCR (OI)
26361
Upper Breakeven
25939
Lower Breakeven

Profit zone (short strangle): ▼ 25939 — stay between — ▲ 26361

OTM CE Strike (26300)
ATM (26150)
OTM PE Strike (26000)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
88.3K +0.00 29.50 26350 187.90 +0.00 3.6K
79.8K +0.00 38.00 26300
OTM CE 		142.15 +0.00 9.8K
38.9K +0.00 60.45 26250 109.90 +0.00 3.2K
60.8K +0.00 78.00 26200 88.35 +0.00 22.2K
34.6K +0.00 100.00 26150
ATM 		65.80 +0.00 17.5K
88.7K +0.00 132.90 26100 46.80 +0.00 93.5K
19.2K +0.00 168.00 26050 34.60 +0.00 41.8K
65.9K +0.00 209.00 26000
OTM PE 		22.85 +0.00 1.38L
4.3K +0.00 254.45 25950 15.30 +0.00 51.8K

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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