Dixon Technologies Sees 5,338 Contracts in 15,500 Strike Price Put Options

Dixon Technologies (India) Ltd, a prominent player in the Electronics & Appliances sector, has emerged as one of the most active stocks in the options market today, particularly in put options. The company’s underlying stock, DIXON, is currently valued at Rs 15,699.
Notably, three significant put options are drawing attention, all set to expire on October 28, 2025. The put option with a strike price of Rs 15,500 saw the highest activity, with 5,338 contracts traded and a turnover of Rs 425.20 lakhs. Following closely, the Rs 15,000 strike price option recorded 5,316 contracts traded and a turnover of Rs 137.34 lakhs, while the Rs 15,250 strike price option had 2,930 contracts traded and a turnover of Rs 123.35 lakhs. The open interest for these options stands at 2,489, 3,031, and 1,502 respectively.

In terms of performance, Dixon Technologies has underperformed its sector by 0.33% today. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 343.93% compared to the 5-day average. The stock's liquidity remains robust, supporting trades up to Rs 11.97 crore.

In summary, Dixon Technologies is experiencing significant activity in its put options, reflecting current market dynamics and investor behavior.