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: Oct 30, 2026 06:45 PM

OTM Call (CE) — 74700
411.00
OI: 2.03L
ATM / Spot
74500
74460
OTM Put (PE) — 74300
483.05
OI: 2.83L
894.05
Strangle Premium
1.39
PCR (OI)
75594
Upper Breakeven
73406
Lower Breakeven

Profit zone (short strangle): ▼ 73406 — stay between — ▲ 75594

OTM CE Strike (74700)
ATM (74500)
OTM PE Strike (74300)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
1.35L +0.00 370.35 74800 732.20 +0.00 67.1K
2.03L +0.00 411.00 74700
OTM CE 		669.65 +0.00 1.33L
2.16L +0.00 461.45 74600 620.75 +0.00 1.64L
3.27L +0.00 515.80 74500
ATM 		571.65 +0.00 3.51L
1.64L +0.00 567.80 74400 531.95 +0.00 1.84L
1.59L +0.00 620.90 74300
OTM PE 		483.05 +0.00 2.83L
1.84L +0.00 684.60 74200 442.00 +0.00 3.34L

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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