Dixon Technologies Sees Surge in Put Options: 36,661 Contracts at ₹14,000 Strike

Dixon Technologies (India) Ltd, a prominent player in the Electronics & Appliances sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s stock, trading under the ticker DIXON, has seen significant activity in put options with various strike prices ahead of the expiry date set for June 26, 2025.
The put option with a strike price of 14,000 has recorded the highest trading volume, with 36,661 contracts exchanged and a turnover of approximately Rs 1,233.83 lakhs. Following closely, the 13,750 strike price put saw 24,098 contracts traded, generating a turnover of Rs 450.99 lakhs. Other notable strike prices include 13,500 and 14,250, with 28,741 and 21,163 contracts traded, respectively.

Despite this activity, Dixon Technologies has underperformed its sector by 0.7% today, with a one-day return of -0.44%. The stock has experienced a trend reversal, falling after two consecutive days of gains. It remains above its 5-day moving average but below longer-term averages, indicating mixed performance trends. The stock's liquidity remains robust, with a delivery volume of 18.67 lakhs, reflecting a significant increase of 870.29% compared to the 5-day average.

In summary, Dixon Technologies is witnessing heightened activity in its put options, reflecting a complex market environment as it navigates recent performance trends.