Strangle Indicators — MIDCPNIFTY

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: 25 pts)

Updated: Sep 12, 2026 08:23 PM

OTM Call (CE) — 14600
197.00
OI: 4.00L
ATM / Spot
14575
14585
OTM Put (PE) — 14550
138.90
OI: 61.4K
335.90
Strangle Premium
0.15
PCR (OI)
14936
Upper Breakeven
14214
Lower Breakeven

Profit zone (short strangle): ▼ 14214 — stay between — ▲ 14936

OTM CE Strike (14600)
ATM (14575)
OTM PE Strike (14550)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
22.0K +0.00 185.10 14625 167.20 +0.00 20.4K
4.00L +0.00 197.00 14600
OTM CE 		157.20 +0.00 3.68L
21.0K +0.00 210.80 14575
ATM 		147.20 +0.00 18.0K
34.2K +0.00 226.40 14550
OTM PE 		138.90 +0.00 61.4K
21.2K +0.00 240.40 14525 128.05 +0.00 26.3K

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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