Dixon Technologies Sees Surge in Active Put Options: 7,308 Contracts Traded at Rs 15,000 Strike

Dixon Technologies (India) Ltd has emerged as one of the most active stocks in the market today, particularly in the options segment. The company, operating within the Consumer Durables - Electronics industry, has seen significant activity in its put options, with 7,308 contracts traded, resulting in a turnover of approximately Rs 1,501.36 lakhs. The put options have a strike price of Rs 15,000 and are set to expire on May 29, 2025, with an open interest of 3,188 contracts.
In terms of stock performance, Dixon Technologies has shown resilience, gaining 2.28% today after three consecutive days of decline. The stock reached an intraday high of Rs 16,674, reflecting a 2.81% increase. Notably, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend reversal.

Despite a slight decline in investor participation, with delivery volume dropping by 9.34% compared to the 5-day average, the stock maintains adequate liquidity for trading, with a size of Rs 23.94 crore based on 2% of the 5-day average traded value. Overall, Dixon Technologies continues to navigate the market landscape with a solid performance amidst fluctuating investor activity.