Dixon Technologies Sees Surge in Call Options with 54,628 Contracts at Rs 17,000 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 with multiple call options set to expire on July 31, 2025.
Notably, the call option with a strike price of Rs 16,500 recorded the highest trading volume, with 53,521 contracts exchanged and a turnover of Rs 10,930.06 lakhs. This was closely followed by the Rs 17,000 strike price option, which saw 54,628 contracts traded, generating a turnover of Rs 5,666.02 lakhs. The Rs 18,000 strike price option also attracted attention, with 29,023 contracts traded and a turnover of Rs 596.42 lakhs.

The underlying value of DIXON stands at Rs 16,555. The stock has been gaining traction, with a 3.5% increase over the past two days, despite underperforming its sector by 0.36% today. It has traded within a narrow range of Rs 131 and is currently above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock's liquidity remains robust, with a delivery volume of 239,000 shares on July 23, reflecting a 69.39% increase compared to the 5-day average.

In summary, Dixon Technologies continues to demonstrate active trading dynamics, underscoring its position in the market amidst fluctuating performance metrics.