Dixon Technologies Sees Surge in Put Options with 9,790 Contracts at Rs 16,000 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 Electronics & Appliances industry, has seen significant activity in its put options, with 9,790 contracts traded at a strike price of Rs 16,000. This activity has generated a turnover of approximately Rs 1,982.13 lakhs, while the open interest stands at 1,107 contracts, indicating a robust interest in this option type.
The underlying stock value for Dixon Technologies is currently at Rs 15,816. The stock has outperformed its sector by 2.14% today, despite trading within a narrow range of Rs 157. Notably, the stock's performance is above the 50-day, 100-day, and 200-day moving averages, although it is below the 5-day and 20-day moving averages.

Investor participation has also seen a rise, with a delivery volume of 121,000 shares on August 8, reflecting a 24.55% increase compared to the 5-day average. The liquidity of the stock remains strong, accommodating trades up to Rs 8.61 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 dynamic trading environment, while its stock performance continues to show resilience in the current market landscape.