Dixon Technologies Sees Surge in Call Options with 42,443 Contracts at Rs 15,000 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 June 26, 2025. The strike price for these options is set at Rs 15,000, with a notable 42,443 contracts traded, resulting in a turnover of approximately Rs 1,622.85 lakhs. The open interest stands at 7,386 contracts, indicating ongoing interest in this stock.
Despite this activity, Dixon Technologies has underperformed its sector by 0.48% today, with the stock experiencing a consecutive decline over the past two days, totaling a drop of 1.67%. The stock reached an intraday low of Rs 14,201, reflecting a decrease of 2.1%. While the stock is currently above its 5-day moving averages, it remains below the 20, 50, 100, and 200-day moving averages, suggesting a mixed performance trend.

Investor participation has also waned, with a delivery volume of 1.62 lakhs on June 24, down 69.71% compared to the 5-day average. However, the stock maintains sufficient liquidity for trades, with a size of Rs 23.59 crore based on 2% of the 5-day average traded value. Overall, Dixon Technologies continues to attract attention in the market, reflecting the dynamic nature of its trading activity.