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 10:04 PM

OTM Call (CE) — 13325
273.00
OI: 12.5K
ATM / Spot
13275
13269
OTM Put (PE) — 13225
251.60
OI: 12.2K
524.60
Strangle Premium
0.98
PCR (OI)
13850
Upper Breakeven
12700
Lower Breakeven

Profit zone (short strangle): ▼ 12700 — stay between — ▲ 13850

OTM CE Strike (13325)
ATM (13275)
OTM PE Strike (13225)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
24.5K +0.00 255.15 13350 295.00 +0.00 28.8K
12.5K +0.00 273.00 13325
OTM CE 		291.75 +0.00 10.3K
1.59L +0.00 288.00 13300 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 260.20 +0.00 16.9K
7.7K +0.00 308.35 13225
OTM PE 		251.60 +0.00 12.2K
1.60L +0.00 350.80 13200 243.00 +0.00 2.03L

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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