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: Jun 01, 2026 08:36 PM

OTM Call (CE) — 74600
414.55
OI: 1.86L
ATM / Spot
74300
74267
OTM Put (PE) — 74000
286.70
OI: 5.03L
701.25
Strangle Premium
2.71
PCR (OI)
75301
Upper Breakeven
73299
Lower Breakeven

Profit zone (short strangle): ▼ 73299 — stay between — ▲ 75301

OTM CE Strike (74600)
ATM (74300)
OTM PE Strike (74000)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
2.04L +0.00 372.90 74700 617.20 +0.00 1.78L
1.86L +0.00 414.55 74600
OTM CE 		558.65 +0.00 1.01L
3.76L +0.00 459.40 74500 505.20 +0.00 3.45L
1.18L +0.00 506.25 74400 457.60 +0.00 2.24L
1.49L +0.00 562.10 74300
ATM 		409.50 +0.00 1.99L
95.4K +0.00 619.95 74200 363.60 +0.00 1.83L
19.0K +0.00 678.60 74100 322.95 +0.00 1.48L
62.9K +0.00 734.40 74000
OTM PE 		286.70 +0.00 5.03L
13.2K +0.00 803.55 73900 252.65 +0.00 91.5K

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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