Dixon Technologies Sees Surge in Active Put Options with 1,653 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, is currently valued at Rs 15,228. The company, operating in the Electronics & Appliances industry, has a significant market capitalization of Rs 91,629.73 crore, categorizing it as a large-cap entity.
Today, a total of 1,653 put contracts were traded, generating a turnover of approximately Rs 441.48 lakh. The open interest stands at 1,564 contracts, indicating a robust interest in this option type, which has a strike price of Rs 15,000 and an expiry date set for July 31, 2025.

In terms of performance, Dixon Technologies has shown a slight decline of 0.01% over the past day, aligning closely with sector trends. The stock's moving averages indicate it is performing better than its 5-day, 20-day, and 100-day averages, yet it remains below the 50-day and 200-day averages. Notably, investor participation has decreased, with delivery volume dropping by 11.79% compared to the 5-day average.

Overall, Dixon Technologies continues to attract attention in the options market, reflecting its active trading status amid fluctuating investor engagement.