Dixon Technologies Sees 4,799 Active Put Options at Rs 16,500 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, operating within the Electronics & Appliances industry, has seen significant activity in its put options, with 4,799 contracts traded at a strike price of Rs 16,500. This activity has generated a turnover of approximately Rs 228.53 lakhs, indicating robust trading interest.
As of the latest data, the underlying stock value stands at Rs 16,655. The open interest for these put options is recorded at 2,369 contracts, reflecting ongoing investor engagement. Despite the notable trading volume, Dixon Technologies has experienced a one-day return of -0.52%, slightly underperforming the sector's return of -0.56% and the Sensex's return of -0.17%.

The stock has been trading in a narrow range of Rs 131 and is currently positioned above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a stable trend. However, there has been a decline in investor participation, with delivery volume dropping by 33.44% compared to the 5-day average. Despite this, the stock remains liquid enough for trades of Rs 16.01 crore, indicating a healthy trading environment.

In summary, Dixon Technologies is witnessing significant activity in its put options, reflecting a dynamic trading landscape, while also navigating challenges in investor participation.