Surge in Dixon Technologies Put Options: 3,206 Contracts at Rs 17,000 Strike Price

Dixon Technologies (India) Ltd has emerged as one of the most active stocks in the market today, particularly in the options segment. The company, which operates in the Electronics & Appliances industry, has seen significant activity in its put options, with 3,206 contracts traded at a strike price of Rs 17,000. This activity has generated a turnover of approximately Rs 939.55 lakhs, indicating robust trading interest.
As of the latest data, the underlying value of Dixon Technologies stands at Rs 16,833. The open interest for these put options is recorded at 1,404 contracts, reflecting ongoing investor engagement. Despite the notable trading volume, the stock has experienced a slight decline of 1.09% today, following three consecutive days of gains. This trend reversal comes as the stock remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive long-term performance.

However, investor participation appears to be waning, with delivery volume dropping by 26.54% compared to the 5-day average. The liquidity remains adequate for trades, with a capacity for a trade size of Rs 12.56 crore based on 2% of the 5-day average traded value. Overall, Dixon Technologies continues to navigate a dynamic market landscape, reflecting both opportunities and challenges.