Dixon Technologies Sees Surge in Active Put Options with 18,557 Contracts Traded

Dixon Technologies (India) Ltd has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying stock, DIXON, has seen significant activity with 18,557 contracts traded, resulting in a turnover of approximately Rs 129.06 lakhs. The put options have a strike price of Rs 13,000 and are set to expire on June 26, 2025. Open interest stands at 3,411 contracts, indicating a robust interest in this option.
In terms of price performance, Dixon Technologies has outperformed its sector by 0.56%, with a one-day return of 0.86%. The stock has been on a positive trajectory, gaining 1.29% over the last two days. However, it experienced an intraday low of Rs 13,280, reflecting a decline of 5.46%. The weighted average price suggests that more volume was traded closer to this low price.

Despite trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, Dixon Technologies has seen a notable increase in investor participation, with delivery volume rising by 115.84% compared to the 5-day average. The stock remains liquid enough for trades, with a market cap of Rs 85,004 crore, placing it firmly in the large-cap category within the Electronics & Appliances industry. Overall, the activity surrounding Dixon Technologies highlights a dynamic trading environment, reflecting current market conditions without making future predictions.