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: May 31, 2026 02:59 PM

OTM Call (CE) — 14525
358.25
OI: 5.6K
ATM / Spot
14475
14475
OTM Put (PE) — 14425
237.55
OI: 5.5K
595.80
Strangle Premium
0.98
PCR (OI)
15121
Upper Breakeven
13829
Lower Breakeven

Profit zone (short strangle): ▼ 13829 — stay between — ▲ 15121

OTM CE Strike (14525)
ATM (14475)
OTM PE Strike (14425)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
15.4K +0.00 351.40 14550 279.40 +0.00 19.1K
5.6K +0.00 358.25 14525
OTM CE 		279.15 +0.00 8.2K
2.79L +0.00 382.00 14500 247.60 +0.00 4.59L
4.7K +0.00 395.00 14475
ATM 		253.30 +0.00 5.6K
16.3K +0.00 424.70 14450 239.85 +0.00 7.3K
4.2K +0.00 402.85 14425
OTM PE 		237.55 +0.00 5.5K
25.7K +0.00 435.90 14400 217.35 +0.00 53.5K

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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