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: Oct 31, 2026 02:27 AM

OTM Call (CE) — 13250
233.60
OI: 63.4K
ATM / Spot
13175
13184
OTM Put (PE) — 13100
224.90
OI: 1.15L
458.50
Strangle Premium
1.82
PCR (OI)
13708
Upper Breakeven
12642
Lower Breakeven

Profit zone (short strangle): ▼ 12642 — stay between — ▲ 13708

OTM CE Strike (13250)
ATM (13175)
OTM PE Strike (13100)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
37.7K +0.00 220.80 13275 307.45 +0.00 16.4K
63.4K +0.00 233.60 13250
OTM CE 		298.00 +0.00 44.4K
27.8K +0.00 245.00 13225 283.95 +0.00 25.3K
3.85L +0.00 256.70 13200 274.00 +0.00 3.92L
10.6K +0.00 270.75 13175
ATM 		259.85 +0.00 14.4K
15.0K +0.00 284.65 13150 245.60 +0.00 22.1K
3.7K +0.00 297.05 13125 238.35 +0.00 12.6K
47.8K +0.00 315.10 13100
OTM PE 		224.90 +0.00 1.15L
2.8K +0.00 341.10 13075 216.95 +0.00 6.8K

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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