Dixon Technologies Sees Surge in Active Put Options with 2,554 Contracts Traded

Dixon Technologies (India) Ltd, a prominent player in the Electronics & Appliances sector, has emerged as one of the most active stocks in the options market today, particularly in put options. The company’s underlying stock, DIXON, has seen significant activity with 2,554 contracts traded, reflecting a turnover of approximately Rs 411.62 lakhs. The put option, set to expire on August 28, 2025, has a strike price of Rs 16,000, while the underlying value stands at Rs 16,265.
Despite this activity, Dixon Technologies has underperformed its sector by 0.27%, with the stock reaching an intraday low of Rs 16,250, marking a decline of 2.48%. The stock's performance today is noteworthy as it remains above the 50-day, 100-day, and 200-day moving averages, yet falls below the 5-day and 20-day moving averages.

Investor participation has shown a decline, with delivery volume dropping by 20.44% compared to the 5-day average. The liquidity remains adequate, with trading volumes supporting a trade size of Rs 8.77 crore. Overall, Dixon Technologies continues to navigate a challenging market environment, reflecting broader trends in the consumer durables sector, which has also seen a decline of 2.11%.