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: Jul 31, 2026 12:46 AM

OTM Call (CE) — 26350
418.35
OI: 1.0K
ATM / Spot
26250
26251
OTM Put (PE) — 26150
329.90
OI: 1.6K
748.25
Strangle Premium
1.53
PCR (OI)
27098
Upper Breakeven
25402
Lower Breakeven

Profit zone (short strangle): ▼ 25402 — stay between — ▲ 27098

OTM CE Strike (26350)
ATM (26250)
OTM PE Strike (26150)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
5.3K +0.00 387.45 26400 438.15 +0.00 2.0K
1.0K +0.00 418.35 26350
OTM CE 		421.60 +0.00 840
8.7K +0.00 439.55 26300 400.00 +0.00 4.9K
1.6K +0.00 471.30 26250
ATM 		365.90 +0.00 1.4K
25.3K +0.00 410.00 26200 349.30 +0.00 24.2K
1.1K +0.00 525.05 26150
OTM PE 		329.90 +0.00 1.6K
7.0K +0.00 558.95 26100 304.70 +0.00 4.9K

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