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: Aug 01, 2026 03:52 AM

OTM Call (CE) — 78300
293.45
OI: 3.40L
ATM / Spot
78100
78095
OTM Put (PE) — 77900
323.00
OI: 3.74L
616.45
Strangle Premium
1.1
PCR (OI)
78916
Upper Breakeven
77284
Lower Breakeven

Profit zone (short strangle): ▼ 77284 — stay between — ▲ 78916

OTM CE Strike (78300)
ATM (78100)
OTM PE Strike (77900)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
2.16L +0.00 255.80 78400 572.60 +0.00 61.6K
3.40L +0.00 293.45 78300
OTM CE 		514.20 +0.00 1.26L
3.22L +0.00 338.45 78200 467.90 +0.00 3.09L
3.35L +0.00 381.65 78100
ATM 		411.10 +0.00 2.61L
6.30L +0.00 436.90 78000 366.05 +0.00 7.53L
1.62L +0.00 494.50 77900
OTM PE 		323.00 +0.00 3.74L
1.14L +0.00 557.90 77800 292.25 +0.00 3.10L

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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