Strangle Indicators — MIDCPNIFTY

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: 25 pts)

Updated: Apr 14, 2026 08:03 PM

OTM Call (CE) — 13300
288.00
OI: 1.59L
ATM / Spot
13275
13269
OTM Put (PE) — 13250
260.20
OI: 16.9K
548.20
Strangle Premium
0.11
PCR (OI)
13848
Upper Breakeven
12702
Lower Breakeven

Profit zone (short strangle): ▼ 12702 — stay between — ▲ 13848

OTM CE Strike (13300)
ATM (13275)
OTM PE Strike (13250)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
12.5K +0.00 273.00 13325 291.75 +0.00 10.3K
1.59L +0.00 288.00 13300
OTM CE 		277.00 +0.00 1.17L
13.1K +0.00 292.95 13275
ATM 		269.00 +0.00 12.7K
18.5K +0.00 316.30 13250
OTM PE 		260.20 +0.00 16.9K
7.7K +0.00 308.35 13225 251.60 +0.00 12.2K

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.

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