Dixon Technologies Sees Surge in Call Options with 2,959 Contracts at Rs 16,000 Strike

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, particularly in call options set to expire on July 31, 2025. A total of 2,959 contracts were traded at a strike price of Rs 16,000, contributing to a turnover of approximately Rs 762.75 lakhs. The open interest stands at 3,459 contracts, indicating robust market engagement.
In terms of performance, Dixon Technologies has outperformed its sector by 0.57% today, marking a consecutive gain over the last five days with an impressive return of 5.06% during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a strong upward trend. Additionally, the stock's delivery volume of 197,000 shares on July 9 has increased by 2.19% compared to the 5-day average, suggesting rising investor participation.

With a market capitalization of Rs 95,464.01 crore, Dixon Technologies continues to demonstrate liquidity, with a trade size of Rs 14.89 crore based on 2% of the 5-day average traded value. Overall, the activity surrounding Dixon Technologies highlights its strong market position and ongoing investor interest.