Strangle Indicators — FINNIFTY

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: Jun 02, 2026 03:56 AM

OTM Call (CE) — 25050
585.30
OI: 420
ATM / Spot
25000
25008
OTM Put (PE) — 24950
466.45
OI: 1.1K
1051.75
Strangle Premium
2.57
PCR (OI)
26102
Upper Breakeven
23898
Lower Breakeven

Profit zone (short strangle): ▼ 23898 — stay between — ▲ 26102

OTM CE Strike (25050)
ATM (25000)
OTM PE Strike (24950)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
2.2K +0.00 552.55 25100 530.05 +0.00 2.5K
420 +0.00 585.30 25050
OTM CE 		505.75 +0.00 360
2.2K +0.00 613.05 25000
ATM 		483.20 +0.00 8.9K
0 +0.00 1386.80 24950
OTM PE 		466.45 +0.00 1.1K
480 +0.00 662.25 24900 444.15 +0.00 600

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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