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: Nov 09, 2026 05:51 PM

OTM Call (CE) — 25100
0.05
OI: 1.39Cr
ATM / Spot
25050
25045
OTM Put (PE) — 25000
0.05
OI: 1.77Cr
0.10
Strangle Premium
1.28
PCR (OI)
25100
Upper Breakeven
25000
Lower Breakeven

Profit zone (short strangle): ▼ 25000 — stay between — ▲ 25100

OTM CE Strike (25100)
ATM (25050)
OTM PE Strike (25000)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
57.75L +0.00 0.05 25150 105.10 +0.00 4.71L
1.39Cr +0.00 0.05 25100
OTM CE 		55.20 +0.00 20.74L
1.43Cr +0.00 0.05 25050
ATM 		5.30 +0.00 72.32L
94.90L +0.00 44.50 25000
OTM PE 		0.05 +0.00 1.77Cr
40.34L +0.00 94.60 24950 0.05 +0.00 1.43Cr

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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