Dixon Technologies' 15,750 Strike Call Sees 5,062 Contracts Traded Amid Increased Delivery Volume

Dixon Technologies (India) Ltd, a prominent player in the Electronics & Appliances sector, has emerged as one of the most active stocks today. The company’s underlying stock, DIXON, has seen significant trading activity in call options set to expire on October 28, 2025. Notably, the call option with a strike price of 15,750 recorded 5,062 contracts traded, generating a turnover of approximately Rs 435.46 lakhs, while the option with a strike price of 16,000 saw 5,399 contracts traded, contributing Rs 267.22 lakhs to the turnover. The open interest for these options stands at 1,922 and 3,797 contracts, respectively.
Despite this activity, Dixon Technologies has underperformed its sector by 0.33% today. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. However, there has been a notable increase in investor participation, with a delivery volume of 4.08 lakhs on October 23, reflecting a 343.93% rise compared to the 5-day average. The stock's liquidity remains robust, accommodating trades up to Rs 11.97 crores based on 2% of the 5-day average traded value.

In summary, while Dixon Technologies has shown significant options activity, its current trading performance reflects challenges in maintaining upward momentum in the market.