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: Oct 01, 2026 03:19 AM

OTM Call (CE) — 24750
434.55
OI: 720
ATM / Spot
24650
24650
OTM Put (PE) — 24550
317.40
OI: 1.3K
751.95
Strangle Premium
1.75
PCR (OI)
25502
Upper Breakeven
23798
Lower Breakeven

Profit zone (short strangle): ▼ 23798 — stay between — ▲ 25502

OTM CE Strike (24750)
ATM (24650)
OTM PE Strike (24550)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
2.7K +0.00 400.00 24800 419.80 +0.00 2.2K
720 +0.00 434.55 24750
OTM CE 		402.65 +0.00 780
1.9K +0.00 463.85 24700 374.65 +0.00 1.8K
1.0K +0.00 491.90 24650
ATM 		358.35 +0.00 2.8K
5.8K +0.00 512.00 24600 345.90 +0.00 7.4K
0 +0.00 659.30 24550
OTM PE 		317.40 +0.00 1.3K
2.8K +0.00 593.85 24500 300.95 +0.00 6.2K

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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