Dixon Technologies' Put Options Surge: 8,533 Contracts Traded at Rs 15,000 Strike Price

Dixon Technologies (India) Ltd has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The underlying stock, DIXON, has seen significant activity with 8,533 contracts traded, resulting in a turnover of approximately Rs 640.97 lakhs. The put options have a strike price of Rs 15,000 and are set to expire on May 29, 2025. The open interest stands at 2,109 contracts, indicating ongoing interest in this option.
In terms of price performance, Dixon Technologies has underperformed its sector by 0.34% today, although it has shown a slight upward trend over the past two days, gaining 0.7% in that period. The stock's current value is Rs 15,142, which is above its 50-day and 200-day moving averages but below its 5-day, 20-day, and 100-day moving averages.

Investor participation appears to be declining, with a delivery volume of 192,000 shares on May 26, reflecting a 30.66% drop compared to the 5-day average. Despite this, the stock remains liquid enough for trading, with a size of Rs 29.03 crore based on 2% of the 5-day average traded value.

In summary, Dixon Technologies is experiencing notable activity in its put options, reflecting a complex interplay of market dynamics and investor behavior.