Dixon Technologies Sees Surge in Call Options Activity with 5,930 Contracts at Rs 15,000 Strike

Dixon Technologies (India) Ltd, a prominent player in the Electronics & Appliances sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, DIXON, has seen significant trading activity in call options with expiry set for July 31, 2025. Notably, the call option with a strike price of Rs 15,000 recorded the highest volume, with 5,930 contracts traded and a turnover of Rs 1,494.32 lakhs.
In comparison, the Rs 16,000 strike price option saw 3,898 contracts traded, generating a turnover of Rs 404.49 lakhs, while the Rs 15,500 strike price option had 3,101 contracts traded, contributing Rs 506.32 lakhs to the turnover. The open interest for these options stands at 5,738, 3,464, and 2,859 respectively, indicating a robust interest in these strike prices.

Despite this activity, Dixon Technologies has underperformed its sector by 0.55%, with the stock opening down 2.56% today and reaching an intraday low of Rs 14,470, reflecting a 3.42% decline. The stock remains above its 5-day moving average but below longer-term averages, suggesting mixed momentum. Overall, the trading dynamics around Dixon Technologies highlight a notable engagement in the options market amid a challenging trading environment.