Coal India's Rs 390 Call Option Sees 4,351 Contracts Traded, Turnover Hits Rs 367.70 Lakhs

Coal India Ltd. has emerged as one of the most active stocks today, reflecting significant trading activity in the options market. The company, operating within the miscellaneous industry, has seen a notable increase in call options, with 4,351 contracts traded for a strike price of Rs 390, resulting in a turnover of Rs 367.70 lakhs. The underlying value of Coal India is currently at Rs 387.15, indicating a robust market position.
Today's performance metrics reveal that Coal India has outperformed its sector by 1.5%, marking a trend reversal after three consecutive days of decline. The stock's 1-day return stands at 1.36%, while the sector and Sensex returns are at 0.18% and 0.23%, respectively. Additionally, the stock's liquidity remains strong, with a delivery volume of 50.21 lakhs on October 6, reflecting a 24.35% increase compared to the 5-day average.

In terms of moving averages, Coal India's current price is higher than the 5-day, 50-day, and 200-day averages, yet lower than the 20-day and 100-day averages. The company also boasts a high dividend yield of 8.41%, further enhancing its appeal in the market. Overall, Coal India's performance today highlights its active trading status and resilience in the current market environment.