Strangle Indicators — SENSEX

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: 100 pts)

Updated: Jul 28, 2026 12:14 AM

OTM Call (CE) — 76900
429.65
OI: 3.81L
ATM / Spot
76800
76836
OTM Put (PE) — 76700
223.40
OI: 5.59L
653.05
Strangle Premium
1.47
PCR (OI)
77553
Upper Breakeven
76047
Lower Breakeven

Profit zone (short strangle): ▼ 76047 — stay between — ▲ 77553

OTM CE Strike (76900)
ATM (76800)
OTM PE Strike (76700)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
7.03L +0.00 379.00 77000 352.30 +0.00 5.07L
3.81L +0.00 429.65 76900
OTM CE 		306.05 +0.00 3.74L
4.69L +0.00 490.40 76800
ATM 		261.85 +0.00 4.75L
2.01L +0.00 545.50 76700
OTM PE 		223.40 +0.00 5.59L
1.97L +0.00 615.00 76600 195.05 +0.00 4.94L

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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