Nifty Options premium touching roof, How to trade NF

• FIIs bought 4451 contracts of Index Future  worth 134 cores (11318 Longs were added and 6867 shorts were added ) with net Open Interest increasing by 18185 contracts, so FII's added both long and short in Index futures suggesting volatile move ahead in next 2 days.
  

Nifty after forming double bottom at 5972 rallied till 6228 and closed above 6200 for second day. Nifty is still trading in the range of 6000-6220. Close above it and sustain for 2 days will signify a

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