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Short Strangle — Live Payoff & Greeks

Live Short Strangle options strategy on Fin Nifty with real-time payoff diagram, breakevens, risk-reward and leg details.

Short Strangle

NeutralNet CreditRisk: UnlimitedReward: Limited (total premium received)

Sell OTM Call + OTM Put. Wider profit zone than short straddle.

Fin Nifty · Live Spot

24,712.20

ATM Strike:24,700
Lot Size:25

Max Profit

₹88.18

₹2,205 / lot

Max Loss

₹1,144.32

₹28,608 / lot

Net Premium

₹88.18

₹2,205 / lot

Breakeven

24,562 / 24,838

Risk / Reward

1 : 12.98

Live Payoff Diagram

24,56224,838Spot 24,7122110-1,26823,41825,983

Chart uses live option chain premiums. Vertical indigo line = current spot; dashed amber lines = breakeven points.

Strategy Legs

#TypeSideStrikePremiumQty
1CEsell24,750₹49.241
2PEsell24,650₹48.741

About This Strategy

This Short Strangle is built around the live ATM strike of Fin Nifty. Premiums reflect current NSE option chain LTPs. Use this as an educational tool to understand the structure and risk profile before placing real trades.

Disclaimer: Educational use only. Options carry significant risk — always validate with your broker, factor in slippage and brokerage, and use proper position sizing.