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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

25,531.50

ATM Strike:25,550
Lot Size:25

Max Profit

₹88.23

₹2,206 / lot

Max Loss

Unlimited

₹29,669 / lot

Net Premium

₹88.23

₹2,206 / lot

Breakeven

25,412 / 25,688

Risk / Reward

1 : 13.45

Live Payoff Diagram

25,41225,688Spot 25,5322160-1,31424,22526,875

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

Strategy Legs

#TypeSideStrikePremiumQty
1CEsell25,60048.661
2PEsell25,50049.381

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.