Max risk is 1.1 Rs per lot (2200 is lot size) i.e 2500 is our risk . You need capital of 1 lakh for this trade, if you don't have it , this is not for you.
Don't over leverage and buy 10 lots of 320 strike , bcas 320 call is available for 2 rs . See calls are trading at heavy discount , Options writers have inside info which market is not aware of.
BOARD MEETING on 07-Mar-2018 (Interim Dividend)
EX-DIVIDEND on 14-Mar-2018(Interim 0.00%)
stock will go ex dividend before march expiry and avg Dividend is Rs. 18 to 20 per share so the options are trading with these expectations. :)