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: Jul 31, 2026 03:39 AM

OTM Call (CE) — 78200
336.00
OI: 47.5K
ATM / Spot
77900
77928
OTM Put (PE) — 77600
389.55
OI: 1.69L
725.55
Strangle Premium
3.56
PCR (OI)
78926
Upper Breakeven
76874
Lower Breakeven

Profit zone (short strangle): ▼ 76874 — stay between — ▲ 78926

OTM CE Strike (78200)
ATM (77900)
OTM PE Strike (77600)
CE OI CE Change CE LTP Strike PE LTP PE Change PE OI
31.7K +0.00 293.05 78300 758.95 +0.00 7.2K
47.5K +0.00 336.00 78200
OTM CE 		700.60 +0.00 19.1K
47.6K +0.00 380.00 78100 624.90 +0.00 17.4K
2.70L +0.00 421.00 78000 573.00 +0.00 2.16L
1.45L +0.00 468.00 77900
ATM 		524.00 +0.00 1.49L
2.09L +0.00 526.55 77800 476.00 +0.00 1.75L
1.55L +0.00 586.30 77700 424.95 +0.00 3.26L
1.04L +0.00 640.00 77600
OTM PE 		389.55 +0.00 1.69L
2.57L +0.00 690.05 77500 350.40 +0.00 3.98L

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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