OPTIONS UPDATE AT 2 PM..( 20-6-2012 )

BULLS SINCE MORNING IS SELLING HEAVY NIFTY 5000 PUTS...AND OUTSTANDING IN IT HAS CROSSED 85-00 LACS..... MEANS WITH 6 TRADING DAYS IN THIS SETTLEMENT...BULLS OPENING THERE CARD THAT THEY WILL FIGHT ANY FALL NEAR 5000 NF

ON OTHER SIDE..BEARS ARE HEAVILY SHORTING NIFTY 5200 CALLS..WHERE OUTSTANDING HAS REACHED 75 LAC LEVELS...AND BULLS STILL HAVE TO MAKE ANY BIG OUTSTANDING AT 5200 PUTS...WHICH MEANS BULLS...FEEL EXPIRY CAN BE BELOW 5200 NF

AT 5100 LEVEL THERE IS REAL FIGHT GOING ON WHICH WE EXPECTED IN THE MORNING AND WE GAVE YOU TODAY RANGE OF NF ALSO...30 POINTS LOWER AND 30 POINTS HIGHER TO 5100 NF AND YOU ALL ARE SEEING MARKET STICKING TO THAT RANGE
SINCE MORNING WHILE BULLS ARE SHORTING 5100 PUTS..BEARS ARE SHORTING 5100 CALLS AND OUTSTANDING AT BOTH..5100 CALL HAS OUTSTANDING OF 65 LAC AND PUT HAS OUTSTANDING OF 50 LAC WHICH MEANS IT IS OPERATORS PLAY GOING ON AND TODAY THEY HAVE MADE POSITIONS ..JUST TO EAT PREMIUM OF 5100 CALL + PUT COMBINED..BUT AS TODAY 5100 PUTS ARE BEING MORE SHORTED AS COMPARED WITH CALLS..SO TODAY BULLS WILL NOT LET MARKET BREAK 5100 NF WITH EASE AND WILL SUPPORT THAT LEVEL.....WATCH