BSE Sensex (20073.66) and Nifty (6011.60) closed up 1.1% and 1.11% respectively last week.Nifty Future December was quoting at 28.40 points premium.Nifty call option November 6000 was very active.Support for Sensex is at 19750. Resistance for Sensex is at 20300 .Support for Nifty is at 5930 and resistance at 6070.. Marginal hike in diesel price is expected next week.Volatility may increase because of F&O expiry on 30th December 2010. Tata Motors and Tata Steel added Open Interest in December series.Huge position was build up at RCOM December Call Option Strike Price 150.Good build up was also seen at Hindalco December Call Option Strike Price 240. Strategy for Futures Option players. 1)Hindalco(239.60) Lot Size-2000 Shares Buy One Call Option of January Strike Price 240.00@11.50 Rs Sell One Call Option of January Strike Price 250@6.95 Rs. Premium .Paid=11.50*2000=23000.00 Rs. Premium Received=6.95*2000= 13900.00 Rs. Net Premium Paid==23000.00-13900...