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: Oct 01, 2026 01:32 AM

OTM Call (CE) — 13775
248.75
OI: 15.6K
ATM / Spot
13725
13731
OTM Put (PE) — 13675
188.05
OI: 10.9K
436.80
Strangle Premium
0.7
PCR (OI)
14212
Upper Breakeven
13238
Lower Breakeven

Profit zone (short strangle): ▼ 13238 — stay between — ▲ 14212

OTM CE Strike (13775)
ATM (13725)
OTM PE Strike (13675)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
1.66L +0.00 237.00 13800 242.70 +0.00 1.46L
15.6K +0.00 248.75 13775
OTM CE 		231.10 +0.00 10.2K
31.3K +0.00 263.00 13750 221.25 +0.00 27.6K
10.6K +0.00 279.40 13725
ATM 		207.75 +0.00 11.9K
1.16L +0.00 289.50 13700 199.75 +0.00 1.02L
1.6K +0.00 306.60 13675
OTM PE 		188.05 +0.00 10.9K
4.9K +0.00 337.55 13650 178.20 +0.00 15.7K

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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