Dixon Technologies Sees Surge in Put Option Activity with 3,080 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 3,080 put contracts traded, reflecting a turnover of approximately Rs 308.18 lakhs. The put options have a strike price of Rs 14,000 and are set to expire on June 26, 2025, with an open interest of 3,697 contracts.
In terms of performance, Dixon Technologies has underperformed its sector by 0.95% today, with a one-day return of -1.10%. The stock is currently valued at Rs 14,798. Notably, while the stock is trading higher than its 5-day moving averages, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages, indicating mixed momentum.

Investor participation has shown a positive trend, with a delivery volume of 1.97 lakhs on June 4, marking a 23.79% increase compared to the 5-day average. The stock's liquidity remains robust, accommodating trades of up to Rs 12.12 crores based on 2% of the 5-day average traded value.

In summary, Dixon Technologies continues to attract attention in the options market, reflecting active trading dynamics amid a backdrop of fluctuating performance metrics.