Dixon Technologies Sees Surge in Active Put Options with 4,881 Contracts at Rs 14,500 Strike

Dixon Technologies (India) Ltd, a prominent player in the Electronics & Appliances sector, has seen significant activity in its put options today, particularly for the expiry date of July 31, 2025. The stock, currently valued at Rs 14,553, has experienced notable trading volumes across various strike prices.
The most active put option was at a strike price of Rs 14,500, with 4,881 contracts traded, resulting in a turnover of approximately Rs 1,455.76 lakhs and an open interest of 2,334 contracts. Other notable strike prices include Rs 14,000, with 3,556 contracts traded and a turnover of Rs 680.96 lakhs, and Rs 13,500, where 2,411 contracts were exchanged for Rs 277.30 lakhs.

Despite this activity, Dixon Technologies underperformed its sector by 0.55%, opening with a loss of 2.56% and reaching an intraday low of Rs 14,470, reflecting a one-day return of -3.02%. The stock remains liquid enough for trades sized at Rs 25.06 crore, although investor participation has declined, with delivery volumes falling by 31.8% compared to the five-day average.

In summary, while Dixon Technologies has seen robust put option trading, the stock's recent performance indicates a trend reversal after three consecutive days of gains, highlighting the current market dynamics.