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 02, 2026 05:26 AM

OTM Call (CE) — 13650
231.80
OI: 19.2K
ATM / Spot
13575
13563
OTM Put (PE) — 13500
205.50
OI: 3.86L
437.30
Strangle Premium
20.12
PCR (OI)
14087
Upper Breakeven
13063
Lower Breakeven

Profit zone (short strangle): ▼ 13063 — stay between — ▲ 14087

OTM CE Strike (13650)
ATM (13575)
OTM PE Strike (13500)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
23.8K +0.00 220.25 13675 281.30 +0.00 13.0K
19.2K +0.00 231.80 13650
OTM CE 		272.60 +0.00 15.0K
11.9K +0.00 246.40 13625 268.35 +0.00 11.3K
67.2K +0.00 262.35 13600 252.70 +0.00 91.0K
8.8K +0.00 275.80 13575
ATM 		245.65 +0.00 7.4K
12.6K +0.00 277.75 13550 229.65 +0.00 10.2K
7.2K +0.00 294.30 13525 218.85 +0.00 4.9K
1.35L +0.00 322.05 13500
OTM PE 		205.50 +0.00 3.86L
4.7K +0.00 319.80 13475 197.15 +0.00 6.7K

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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