Dixon Technologies Sees Surge in Active Put Options with 4,827 Contracts Traded

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 put options, set to expire on July 31, 2025, have seen significant trading activity, with 4,827 contracts exchanged at a turnover of approximately Rs 1,245.90 lakhs. The strike price for these puts is set at Rs 15,000, while the underlying value of the stock stands at Rs 15,063.
In terms of performance, Dixon Technologies has outperformed its sector by 0.36% today, reflecting a one-day return of 0.99%. The stock is currently trading above its 5-day, 20-day, 100-day, and 200-day moving averages, although it remains below the 50-day moving average. However, investor participation appears to be declining, with a delivery volume of 1.16 lakhs on July 3, marking a significant drop of 72.31% compared to the 5-day average.

With an open interest of 1,583 contracts, Dixon Technologies maintains a liquidity level that supports a trade size of Rs 26.89 crore, indicating a robust trading environment despite the recent decrease in delivery volumes. Overall, the activity surrounding Dixon Technologies' put options highlights the stock's current market dynamics without delving into future implications.