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 10:04 PM

OTM Call (CE) — 77000
583.80
OI: 4.64L
ATM / Spot
76800
76848
OTM Put (PE) — 76600
610.10
OI: 1.68L
1193.90
Strangle Premium
0.36
PCR (OI)
78194
Upper Breakeven
75406
Lower Breakeven

Profit zone (short strangle): ▼ 75406 — stay between — ▲ 78194

OTM CE Strike (77000)
ATM (76800)
OTM PE Strike (76600)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
93.4K +0.00 534.75 77100 840.50 +0.00 98.5K
4.64L +0.00 583.80 77000
OTM CE 		786.15 +0.00 3.88L
1.62L +0.00 636.80 76900 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 646.00 +0.00 2.38L
71.3K +0.00 805.00 76600
OTM PE 		610.10 +0.00 1.68L
2.58L +0.00 868.40 76500 573.45 +0.00 4.85L

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.

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