While options are full of juice and priced high, uncertainty of which way the index will go .. once again writers will be having their malai, while buyers SL will be hit while in narrow range
VIX is rising a bit ... giving traders a false feeling that their position is the right one ... since the premium is not going down.. but thats how it is !!! .. lets see. interesting ..
slow movement .. and rising VIX ... will make "chutney" of the premiums by evening.. before 11:00 AM IST we should see big red candles ... (only my guess)..
RED chutney ... getting ready .. slowly ... for option premium..