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: Oct 31, 2026 02:27 AM

OTM Call (CE) — 24850
331.95
OI: 720
ATM / Spot
24700
24712
OTM Put (PE) — 24550
320.75
OI: 1.1K
652.70
Strangle Premium
1.5
PCR (OI)
25503
Upper Breakeven
23897
Lower Breakeven

Profit zone (short strangle): ▼ 23897 — stay between — ▲ 25503

OTM CE Strike (24850)
ATM (24700)
OTM PE Strike (24550)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
2.4K +0.00 324.95 24900 458.30 +0.00 7.0K
720 +0.00 331.95 24850
OTM CE 		440.70 +0.00 960
17.9K +0.00 365.95 24800 416.65 +0.00 5.0K
3.1K +0.00 396.90 24750 397.70 +0.00 600
7.4K +0.00 428.15 24700
ATM 		372.85 +0.00 6.4K
4.1K +0.00 456.25 24650 343.40 +0.00 1.3K
14.6K +0.00 479.90 24600 332.00 +0.00 60.8K
960 +0.00 508.15 24550
OTM PE 		320.75 +0.00 1.1K
3.9K +0.00 542.90 24500 289.65 +0.00 8.2K

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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