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 10:03 PM

OTM Call (CE) — 77100
534.75
OI: 93.4K
ATM / Spot
76800
76848
OTM Put (PE) — 76500
573.45
OI: 4.85L
1108.20
Strangle Premium
5.19
PCR (OI)
78208
Upper Breakeven
75392
Lower Breakeven

Profit zone (short strangle): ▼ 75392 — stay between — ▲ 78208

OTM CE Strike (77100)
ATM (76800)
OTM PE Strike (76500)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
2.05L +0.00 490.00 77200 894.60 +0.00 1.00L
93.4K +0.00 534.75 77100
OTM CE 		840.50 +0.00 98.5K
4.64L +0.00 583.80 77000 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 610.10 +0.00 1.68L
2.58L +0.00 868.40 76500
OTM PE 		573.45 +0.00 4.85L
67.0K +0.00 933.10 76400 537.60 +0.00 1.94L

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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