Dixon Technologies Sees Surge in Put Options: 22,615 Contracts at Rs 14,000 Strike

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 company, operating in the Electronics & Appliances industry, has seen significant trading activity with two notable put options set to expire on June 26, 2025.
The put option with a strike price of Rs 14,500 recorded 17,814 contracts traded, generating a turnover of approximately Rs 1,161.20 lakhs, while the Rs 14,000 strike price option saw 22,615 contracts traded with a turnover of Rs 356.86 lakhs. The open interest for these options stands at 1,460 and 3,629 contracts, respectively, indicating a robust interest among traders.

Despite this activity, Dixon Technologies has underperformed its sector by 0.48% today, with a one-day return of -1.55%. The stock has been on a downward trend, losing 1.67% over the last two days. It reached an intraday low of Rs 14,201, reflecting a decline of 2.1%. The stock's performance is currently above its 5-day moving average but below its longer-term moving averages, suggesting mixed momentum.

Investor participation has also seen a decline, with delivery volume dropping by 69.71% compared to the 5-day average. However, the stock remains liquid enough for trades, with a market cap of Rs 87,632 crore, classifying it as a large-cap entity. Overall, the trading activity in Dixon Technologies' put options highlights a significant engagement in the options market, amidst a challenging trading environment for the stock itself.