The Straddle/Strangle chart in FYERS Options Analytics tracks the combined premium of a custom Straddle or Strangle over time for a selected underlying and expiry.
Unlike Auto ATM Straddle, you can manually select Call and Put strikes, compare multiple strategies, and access Buy/Sell (B/S) actions for a selected strategy.
The chart plots the combined premium of the selected Call (CE) and Put (PE) legs. For example:
- Straddle: 26000 CE + 26000 PE
- Strangle: 25800 PE + 26200 CE
It can display the Straddle/strangle value, underlying spot price, and VWAP when enabled. The strategy premium and underlying price are shown on separate axes.
Steps to access the Straddle/Strangle chart
On FYERS App
- Open FYERS App and tap Options.
- Go to Analytics.
- Under Combined Charts, tap Straddle/strangle chart.
- Select the Underlying and Expiry.
- Choose the required CE and PE strikes and tap Apply.
On FYERS Web
- Go to Options → Analytics.
- Under Combined Charts, select Straddle/strangle chart.
- Select the Underlying and Expiry.
- Choose the required Call and Put strikes from the Option Chain and click Apply.
Chart controls
- Time period / Range: Intraday, Last 15 days, Last 30 days, or Custom on FYERS App; Intraday on FYERS Web
- Resolution: 1, 5, 10, 15, 30 Minutes, or 1 Hour
- Expiry: Select the required options expiry
Buy or Sell a strategy
Use the option (⋮) next to a strategy to select Buy (B) or Sell (S) and open the order flow. You can also modify the strategy from the same menu where available.
Note: Orders are not placed automatically. Review and confirm the order before submission.
Use cases
The chart can help you:
- Compare premium movement across different Straddle/Strangle combinations
- Identify which strategy is gaining or losing value faster for the same expiry
- Assess potential entry or exit timing for multi-leg strategies
- Analyse strategy behaviour alongside IV, OI, and price action
What If...
| Scenario | What it means |
|---|
| Chart values look unexpected | Check the selected strikes, expiry, and whether you are reading the strategy premium or underlying spot-price axis. |
| Strategy value moves sharply | This may happen due to volatility changes, a directional move, or a significant change in either the Call or Put premium. |
| Strategies are difficult to compare | Ensure they use the same expiry and the intended strike combinations. |
Last updated: 17 Aug 2026