Dixon Technologies Sees Surge in Active Call Options with 8,320 Contracts at Rs 15,000 Strike

Dixon Technologies (India) Ltd, a prominent player in the Electronics & Appliances sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying stock, DIXON, has seen significant trading activity with two notable call options set to expire on June 26, 2025. The call option with a strike price of Rs 14,500 recorded 6,537 contracts traded, generating a turnover of Rs 276.12 lakhs and an open interest of 4,348 contracts. Meanwhile, the call option with a strike price of Rs 15,000 saw even higher activity, with 8,320 contracts traded and a turnover of Rs 119.71 lakhs, alongside an open interest of 10,651 contracts.
In terms of performance metrics, Dixon Technologies has outperformed its sector by 0.56%, marking a consecutive gain over the last two days with a total return of 1.29%. The stock reached an intraday low of Rs 13,280, reflecting a decline of 5.46%. Despite this, the weighted average price indicates that more volume was traded closer to this low price. Currently, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a trend reversal. Notably, the delivery volume on June 20 surged by 115.84% compared to the 5-day average, indicating rising investor participation.

In summary, Dixon Technologies continues to attract attention in the market, driven by robust trading activity and notable performance metrics, while maintaining a significant market cap of Rs 85,004 crore.