Dixon Technologies Sees 7,738 Call Contracts Trade at Rs 17,000 Strike Price

Dixon Technologies (India) Ltd, a prominent player in the Electronics & Appliances sector, has emerged as one of the most active stocks today. The company’s underlying stock, DIXON, has seen significant trading activity, particularly in call options set to expire on October 28, 2025. A total of 7,738 contracts were traded at a strike price of Rs 17,000, resulting in a turnover of approximately Rs 100.32 lakhs. The open interest stands at 8,644 contracts, indicating a robust interest in this option.
In terms of price performance, DIXON touched an intraday low of Rs 15,655, reflecting a decline of 2.9%. The stock's performance today aligns closely with its sector, which recorded a 1.57% drop, while the broader Sensex managed a slight gain of 0.84%. The weighted average price suggests that more volume was traded near the lower price point, and while the stock remains above its 200-day moving average, it is currently below the 5-day, 20-day, 50-day, and 100-day moving averages.

Investor participation appears to be waning, with delivery volume on October 21 falling by 76.07% compared to the 5-day average. Despite this, the stock maintains sufficient liquidity for trades up to Rs 8.59 crore, based on 2% of the 5-day average traded value. Overall, Dixon Technologies continues to be a focal point in the market, reflecting the dynamic nature of trading in the mid-cap segment.