Dixon Technologies Sees Surge in Active Call Options with 28,008 Contracts at Rs 18,000

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.
The call option with a strike price of Rs 17,000 recorded 22,911 contracts traded, generating a turnover of approximately Rs 32.45 crore and an open interest of 3,403 contracts. Another notable option at a strike price of Rs 16,500 saw 25,970 contracts traded, with a turnover of Rs 59.63 crore and an open interest of 3,262. Additionally, the Rs 18,000 strike price option had 28,008 contracts traded, contributing a turnover of Rs 13.12 crore and an open interest of 3,797.

In terms of performance, Dixon Technologies has gained 1.78% over the last two days, trading within a narrow range of Rs 136. The stock is currently above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. With a market capitalization of Rs 97,532.35 crore, Dixon Technologies continues to show robust liquidity, evidenced by a delivery volume of 2.16 lakh shares on July 16, which is 84.5% higher than the 5-day average.

Overall, Dixon Technologies remains a focal point in the market today, reflecting strong trading activity and positive performance metrics.