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 02, 2026 05:23 AM

OTM Call (CE) — 24700
440.30
OI: 8.0K
ATM / Spot
24550
24556
OTM Put (PE) — 24400
310.05
OI: 26.2K
750.35
Strangle Premium
3.25
PCR (OI)
25450
Upper Breakeven
23650
Lower Breakeven

Profit zone (short strangle): ▼ 23650 — stay between — ▲ 25450

OTM CE Strike (24700)
ATM (24550)
OTM PE Strike (24400)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
2.0K +0.00 423.65 24750 456.85 +0.00 1.6K
8.0K +0.00 440.30 24700
OTM CE 		434.35 +0.00 3.9K
1.6K +0.00 476.20 24650 411.25 +0.00 3.3K
7.0K +0.00 500.70 24600 385.70 +0.00 6.2K
1.0K +0.00 522.50 24550
ATM 		372.20 +0.00 1.6K
7.5K +0.00 570.00 24500 337.00 +0.00 23.2K
840 +0.00 573.55 24450 325.85 +0.00 1.4K
2.5K +0.00 622.95 24400
OTM PE 		310.05 +0.00 26.2K
1.1K +0.00 597.90 24350 327.20 +0.00 1.3K

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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