Dixon Technologies Sees Surge with 6,634 Active Call Options at Rs 17,000 Strike

Dixon Technologies (India) Ltd has emerged as one of the most active stocks today, particularly in the options market. The company, operating within the Electronics & Appliances sector, has seen significant trading activity with 6,634 call contracts exchanged for an expiry date set for July 31, 2025, at a strike price of Rs 17,000. This activity has generated a turnover of approximately Rs 682.39 lakhs, while the open interest stands at 3,617 contracts, indicating a robust interest in this option.
In terms of performance, Dixon Technologies has underperformed its sector by 0.41% today, despite a positive trend over the past three days, where the stock has gained 4.43%. The stock has traded within a narrow range of Rs 118, reflecting stability amidst market fluctuations. Notably, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a favorable long-term trend.

However, there has been a decline in investor participation, with delivery volume dropping by 6.76% compared to the 5-day average. The stock remains liquid, with a trade size of Rs 16.29 crore based on 2% of the 5-day average traded value. Overall, Dixon Technologies continues to attract attention in the market, driven by its recent performance metrics and trading activity.