How to profit by selling Coal India call options - The Hindu BusinessLine
How to profit by selling Coal India call options This approach will capture the time value premium of the contract The long-term outlook remains negative for Coal India while in the short-term, we expect it to move in a narrow range. The long-term outlook will turn positive if the stock closes above ₹253. The stock finds an immediate support at ₹143 and a resistance at ₹160. Only a close above ₹165 or below ₹125 will give a clear trend for the stock. As the company has fixed March 16 as the record date for interim dividend (₹5), Coal India is likely to witness higher volatility on...
Source: thehindubusinessline.com