Is ko good for call option? , ,
7/2/2025 00:01am
**Coca-Cola (KO) is a solid candidate for a call option strategy** due to several factors:
1. **Current Price and Recent Performance**: As of the latest data, KO's closing price is $72.085, which is near its resistance level of $74.38 and above its support level of $68.78. This indicates a potential for the stock to move upwards, especially if the resistance is overcome.
|code|Ticker|Name|Date|Closing Price|market_code|
|---|---|---|---|---|---|
|KO|KO.N|The Coca-Cola|20250701|72.16|169|
|code|Ticker|Name|Date|Support Level|Resistance Level|market_code|
|---|---|---|---|---|---|---|
|KO|KO.N|The Coca-Cola|20250701|68.7800|74.3800|169|
2. **Moving Averages**: The 30-day and 60-day moving averages are $71.05 and $71.2, respectively. The stock is trading above these averages, which could suggest a bullish trend.
|code|Ticker|Name|Date|Moving Average|market_code|
|---|---|---|---|---|---|
|KO|KO.N|The Coca-Cola|20250630|70.0780|169|
3. **Fibonacci Retracement**: The 0.618 Fibonacci Retracement is $69.12, which is a potential support level. The 0.382 Fibonacci Retracement is $65.87, and if the stock were to retrace to this level, it could also be a point of interest for a call option buyer, as it may represent a significant bounce point.
|code|Ticker|Name|market_code|
|---|---|---|---|
|KO|KO.N|The Coca-Cola|169|
4. **Earnings Outlook**: Analysts expect KO to report an EPS of $2.97 for fiscal 2025, up 3.1% year-over-year. This growth outlook could support a call option strategy, as it suggests that the stock may have room to grow.
5. **Strategic Partnerships**: Recent partnerships, such as with Carnival Cruise Line, could enhance the company's growth prospects and positively impact the stock price.
6. **Market Sentiment**: The overall sentiment around KO is positive, with a "Strong Buy" rating from analysts and an average analyst price target of $80, indicating a potential upside from the current levels.
In conclusion, KO's current technical indicators, earnings outlook, and strategic partnerships make it a reasonable choice for a call option strategy. However, it's important to consider your own risk tolerance, investment goals, and the current market conditions before making any investment decisions.