Dixon Technologies Sees Surge in Put Options Activity with 8,688 Contracts at Rs 16,000

Dixon Technologies (India) Ltd has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company, operating in the Electronics & Appliances industry, has seen significant trading activity in its put options with various strike prices set for expiry on July 31, 2025.
Among the notable trades, the put option with a strike price of Rs 16,000 recorded the highest activity, with 8,688 contracts traded and a turnover of approximately Rs 890.99 lakhs. Following closely, the Rs 16,500 strike price saw 4,949 contracts traded, generating a turnover of Rs 1,043.57 lakhs. Other strike prices, including Rs 15,000 and Rs 15,500, also witnessed substantial trading volumes, indicating a robust interest in these options.

The underlying stock value for Dixon Technologies stands at Rs 16,431. The stock opened with a gain of 2.04% today and reached an intraday high of Rs 16,540, outperforming its sector by 0.5%. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a strong upward trend. The liquidity remains favorable, with a delivery volume of 1.34 lakhs, which has increased by 4.4% compared to the 5-day average.

In summary, Dixon Technologies is experiencing heightened activity in its put options, driven by significant trading volumes and a positive performance in the stock market today.