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: May 30, 2026 11:07 PM

OTM Call (CE) — 75000
799.95
OI: 1.50L
ATM / Spot
74800
74776
OTM Put (PE) — 74600
286.65
OI: 1.17L
1086.60
Strangle Premium
0.78
PCR (OI)
76087
Upper Breakeven
73513
Lower Breakeven

Profit zone (short strangle): ▼ 73513 — stay between — ▲ 76087

OTM CE Strike (75000)
ATM (74800)
OTM PE Strike (74600)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
30.8K +0.00 738.75 75100 482.20 +0.00 52.5K
1.50L +0.00 799.95 75000
OTM CE 		439.80 +0.00 3.27L
19.6K +0.00 858.25 74900 397.20 +0.00 58.9K
47.0K +0.00 906.45 74800
ATM 		360.00 +0.00 94.4K
81.2K +0.00 973.25 74700 324.00 +0.00 1.16L
19.3K +0.00 1045.40 74600
OTM PE 		286.65 +0.00 1.17L
16.7K +0.00 1120.55 74500 259.65 +0.00 2.47L

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.

Generate AI summary