Dixon Technologies Sees 2,742 Put Contracts at Rs 15,000 Strike Amid 10.5% Decline

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, is currently valued at Rs 16,231.
Notably, the put options with an expiry date of October 28, 2025, have seen significant trading activity. The strike price of Rs 15,000 recorded 2,742 contracts traded, generating a turnover of approximately Rs 302.47 lakhs, while the Rs 16,500 strike price saw 1,776 contracts traded with a turnover of Rs 635.91 lakhs. Additionally, the September 30, 2025, puts at the same strike price of Rs 16,500 had 3,430 contracts traded, contributing Rs 325.04 lakhs to the turnover.

Despite the active trading, Dixon Technologies has faced challenges, with the stock experiencing a decline of 10.5% over the past three days, including a one-day return of -3.11%. The stock has outperformed its sector by 0.25%, although it remains lower than its 5-day, 20-day, and 50-day moving averages. The liquidity remains robust, with a delivery volume increase of 177.08% compared to the 5-day average, indicating a solid trading environment.

In summary, Dixon Technologies is witnessing heightened activity in its put options, reflecting current market dynamics while navigating recent price pressures.