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: Sep 12, 2026 12:51 PM

OTM Call (CE) — 75000
459.90
OI: 7.78L
ATM / Spot
74800
74782
OTM Put (PE) — 74600
307.15
OI: 2.50L
767.05
Strangle Premium
0.32
PCR (OI)
75767
Upper Breakeven
73833
Lower Breakeven

Profit zone (short strangle): ▼ 73833 — stay between — ▲ 75767

OTM CE Strike (75000)
ATM (74800)
OTM PE Strike (74600)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
1.25L +0.00 407.50 75100 497.55 +0.00 51.7K
7.78L +0.00 459.90 75000
OTM CE 		454.00 +0.00 4.41L
1.87L +0.00 511.00 74900 418.30 +0.00 2.58L
2.49L +0.00 568.65 74800
ATM 		364.90 +0.00 3.40L
2.72L +0.00 631.65 74700 337.65 +0.00 3.18L
2.17L +0.00 700.05 74600
OTM PE 		307.15 +0.00 2.50L
2.42L +0.00 760.65 74500 264.25 +0.00 5.89L

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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