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: Apr 14, 2026 08:00 PM

OTM Call (CE) — 76900
636.80
OI: 1.62L
ATM / Spot
76800
76848
OTM Put (PE) — 76700
646.00
OI: 2.38L
1282.80
Strangle Premium
1.47
PCR (OI)
78183
Upper Breakeven
75417
Lower Breakeven

Profit zone (short strangle): ▼ 75417 — stay between — ▲ 78183

OTM CE Strike (76900)
ATM (76800)
OTM PE Strike (76700)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
4.64L +0.00 583.80 77000 786.15 +0.00 3.88L
1.62L +0.00 636.80 76900
OTM CE 		742.90 +0.00 1.35L
2.06L +0.00 689.00 76800
ATM 		693.80 +0.00 2.88L
1.00L +0.00 748.35 76700
OTM PE 		646.00 +0.00 2.38L
71.3K +0.00 805.00 76600 610.10 +0.00 1.68L

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