Dixon Technologies Sees Surge in Active Call Options with 22,732 Contracts at Rs 17,500 Strike

Dixon Technologies (India) Ltd, a prominent player in the Electronics & Appliances sector, has emerged as one of the most active stocks today, reflecting significant trading activity in its call options. The stock, which is currently valued at Rs 17,238, has seen notable movements in its options market, particularly for the expiry date of August 28, 2025.
The call option with a strike price of Rs 18,000 recorded 20,277 contracts traded, generating a turnover of approximately Rs 358.40 lakhs, while maintaining an open interest of 3,854 contracts. Another active option at a strike price of Rs 17,250 saw 21,255 contracts traded, with a turnover of Rs 203.97 lakhs and an open interest of 2,497. Additionally, the Rs 17,500 strike price option had 22,732 contracts traded, contributing a turnover of Rs 123.50 lakhs and an open interest of 2,917.

In terms of performance, Dixon Technologies has gained 3.16% over the last two days, with an intraday high of Rs 17,263, reflecting a 2.19% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The consumer durables sector, in which Dixon operates, has also shown resilience, gaining 2.04% today.

Overall, Dixon Technologies continues to demonstrate robust trading activity and performance metrics, highlighting its position in the mid-cap market with a market capitalization of Rs 1,03,322 crore.