Dixon Technologies Sees Surge in Active Call Options with 16,583 Contracts at Rs 14,500

Dixon Technologies (India) Ltd, a prominent player in the Electronics & Appliances sector, has emerged as one of the most active stocks today. The company’s underlying stock, DIXON, has seen significant trading activity, with 16,583 call contracts traded at a strike price of Rs 14,500, resulting in a turnover of approximately Rs 85.49 lakhs. The open interest stands at 1,997 contracts, indicating ongoing interest in this option.
In terms of performance, Dixon Technologies has outperformed its sector by 0.78%, with a notable 5.21% increase over the last two days. The stock reached an intraday high of Rs 14,954, reflecting a 4.46% rise for the day. Currently, the stock's value is Rs 14,302, which is higher than its 5-day, 20-day, and 100-day moving averages, although it remains below the 50-day and 200-day moving averages.

Despite a recent decline in delivery volume, which fell by 34.59% compared to the 5-day average, the stock maintains sufficient liquidity for trading, with a trade size of Rs 28.61 crore based on 2% of the 5-day average traded value. Overall, Dixon Technologies continues to demonstrate robust activity and performance metrics in the market.