SETTLEMENT PRESSURES???

Yesterday's trading shows the settlement pressures and weak global cues.  FII data shows more shorts build up and more selling in cash market.  Global cues are also - ve. Not very much specific observations in option writings. But will the support for nifty said yesterday ie., 4080 holds good and markets take a bounce for the sake of settlement. Let us wait and see.  Not to buy aggressive calls and just take an opportunity to buy 4200 calls for this month (may be at single digit price for a target of 20 max) as a trade with small money.  

For detailed options open interest analysis please go through the link given on lift side top i.e., vangara_kris view on open interest changes.