Dixon Technologies Sees Surge in Put Options with 30,033 Contracts at Rs 16,000 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 Consumer Durables - Electronics industry, has seen significant trading activity in its put options with an expiry date set for April 24, 2025.
Among the notable put options, the strike price of Rs 16,000 led the activity with 30,033 contracts traded, generating a turnover of approximately Rs 1,591.90 lakhs and an open interest of 1,914 contracts. Following closely, the Rs 15,500 strike price recorded 25,626 contracts traded and a turnover of Rs 590.94 lakhs, with an open interest of 1,609. Other strike prices, including Rs 15,750, Rs 15,250, and Rs 16,500, also saw considerable trading volumes, contributing to a robust overall turnover.

On the performance front, Dixon Technologies has outperformed its sector by 0.57%, marking a consecutive gain over the last nine days with a total return of 33.89%. The stock reached an intraday high of Rs 17,069, reflecting a 2.36% increase. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The stock's liquidity remains favorable, with a delivery volume of 282,000 shares, up 22.72% from the 5-day average.

In summary, Dixon Technologies continues to show strong performance metrics and significant activity in the options market, underscoring its position in the consumer durables sector.