Strangle Indicators — NIFTY

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 11, 2026 12:09 AM

OTM Call (CE) — 24250
78.40
OI: 56.48L
ATM / Spot
24200
24207
OTM Put (PE) — 24150
67.75
OI: 79.10L
146.15
Strangle Premium
1.4
PCR (OI)
24396
Upper Breakeven
24004
Lower Breakeven

Profit zone (short strangle): ▼ 24004 — stay between — ▲ 24396

OTM CE Strike (24250)
ATM (24200)
OTM PE Strike (24150)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
94.20L +0.00 58.30 24300 141.10 +0.00 24.55L
56.48L +0.00 78.40 24250
OTM CE 		111.15 +0.00 34.81L
94.97L +0.00 104.00 24200
ATM 		88.05 +0.00 1.03Cr
44.82L +0.00 135.15 24150
OTM PE 		67.75 +0.00 79.10L
28.30L +0.00 167.70 24100 52.40 +0.00 79.96L

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.

Join Telegram
Generate AI summary