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 12:20 AM

OTM Call (CE) — 77000
379.00
OI: 7.03L
ATM / Spot
76800
76836
OTM Put (PE) — 76600
195.05
OI: 4.94L
574.05
Strangle Premium
0.7
PCR (OI)
77574
Upper Breakeven
76026
Lower Breakeven

Profit zone (short strangle): ▼ 76026 — stay between — ▲ 77574

OTM CE Strike (77000)
ATM (76800)
OTM PE Strike (76600)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
1.74L +0.00 328.30 77100 401.85 +0.00 72.3K
7.03L +0.00 379.00 77000
OTM CE 		352.30 +0.00 5.07L
3.81L +0.00 429.65 76900 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 223.40 +0.00 5.59L
1.97L +0.00 615.00 76600
OTM PE 		195.05 +0.00 4.94L
1.95L +0.00 685.05 76500 169.55 +0.00 6.19L

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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