Dixon Technologies Sees Surge in Put Option Activity with 5,241 Contracts at Rs 13,000

Dixon Technologies (India) Ltd has emerged as one of the most active stocks in the market today, particularly in the options segment, with a focus on put options. The company, operating in the Consumer Durables - Electronics industry, has seen significant activity in its put options expiring on April 24, 2025. Notably, 5,241 contracts were traded at a strike price of Rs 13,000, resulting in a turnover of approximately Rs 1,263.39 lakhs. The open interest for these puts stands at 1,869 contracts, indicating ongoing interest among traders.
In terms of performance, Dixon Technologies has underperformed its sector by 0.55%, with a one-day return of -0.75%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a bearish trend. Additionally, investor participation has declined, with delivery volume dropping by 46.54% compared to the 5-day average. Despite these challenges, the stock maintains sufficient liquidity for trades, with a market cap of Rs 80,205.46 crore.

In summary, Dixon Technologies is experiencing notable activity in its put options, amidst a backdrop of declining performance metrics and investor participation.