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: Jun 01, 2026 07:30 PM

OTM Call (CE) — 14350
288.30
OI: 15.1K
ATM / Spot
14275
14265
OTM Put (PE) — 14200
255.55
OI: 1.79L
543.85
Strangle Premium
11.85
PCR (OI)
14894
Upper Breakeven
13656
Lower Breakeven

Profit zone (short strangle): ▼ 13656 — stay between — ▲ 14894

OTM CE Strike (14350)
ATM (14275)
OTM PE Strike (14200)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
11.0K +0.00 272.05 14375 327.55 +0.00 6.6K
15.1K +0.00 288.30 14350
OTM CE 		319.40 +0.00 12.0K
7.6K +0.00 305.00 14325 278.55 +0.00 6.4K
62.0K +0.00 313.50 14300 299.05 +0.00 3.11L
4.3K +0.00 330.55 14275
ATM 		291.00 +0.00 8.8K
4.4K +0.00 340.00 14250 277.15 +0.00 7.3K
3.2K +0.00 370.70 14225 259.15 +0.00 3.8K
9.6K +0.00 367.25 14200
OTM PE 		255.55 +0.00 1.79L
600 +0.00 406.75 14175 246.45 +0.00 2.2K

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.

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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