Dixon Technologies Sees Surge in Active Call Options with 4,762 Contracts at Rs 16,500

Dixon Technologies (India) Ltd has emerged as one of the most active stocks in the consumer durables electronics sector today, reflecting significant trading activity. The stock, identified by the ticker DIXON, has seen a notable increase in call options, with 4,762 contracts traded for a strike price of Rs 16,500, resulting in a turnover of approximately Rs 1,627.94 lakhs. The open interest stands at 3,238 contracts, indicating a robust interest in this option.
In terms of performance, Dixon Technologies has outperformed its sector by 0.81%, marking a consecutive gain over the last two days with a total return of 7.47%. The stock reached an intraday high of Rs 16,510, reflecting a 2.72% increase for the day. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.

Investor participation has also risen, with a delivery volume of 1.06 lakhs on May 12, up by 3.09% compared to the 5-day average. The liquidity of the stock remains favorable, accommodating trades of Rs 0.74 crore based on 2% of the 5-day average traded value. Overall, Dixon Technologies continues to demonstrate solid performance metrics within its industry.