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: Apr 14, 2026 10:03 PM

OTM Call (CE) — 26200
467.25
OI: 3.0K
ATM / Spot
26050
26048
OTM Put (PE) — 25900
427.05
OI: 4.9K
894.30
Strangle Premium
1.64
PCR (OI)
27094
Upper Breakeven
25006
Lower Breakeven

Profit zone (short strangle): ▼ 25006 — stay between — ▲ 27094

OTM CE Strike (26200)
ATM (26050)
OTM PE Strike (25900)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
720 +0.00 438.35 26250 719.40 +0.00 780
3.0K +0.00 467.25 26200
OTM CE 		553.75 +0.00 2.6K
1.3K +0.00 497.00 26150 517.90 +0.00 1.6K
4.1K +0.00 515.00 26100 512.60 +0.00 4.1K
240 +0.00 552.05 26050
ATM 		476.00 +0.00 840
21.8K +0.00 562.65 26000 465.00 +0.00 18.1K
240 +0.00 647.60 25950 436.65 +0.00 900
3.7K +0.00 625.00 25900
OTM PE 		427.05 +0.00 4.9K
240 +0.00 630.05 25850 486.30 +0.00 960

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