Persistent Systems Call Options Surge: 12,429 Contracts at Rs 5,500 Strike Price Traded

Persistent Systems Ltd has emerged as one of the most active stocks today, particularly in the options market. The company, operating in the Computers - Software & Consulting industry, has seen significant trading activity in call options set to expire on October 28, 2025. Notably, the call option with a strike price of 5500 led the activity with 12,429 contracts traded, generating a turnover of approximately Rs 2,621.40 lakhs and an open interest of 2,502 contracts.
Other active strike prices included 6000, with 14,503 contracts traded and a turnover of Rs 648.86 lakhs, and 5400, which saw 6,406 contracts traded for a turnover of Rs 1,703.55 lakhs. The underlying value of Persistent Systems is currently at Rs 5,694.90.

In terms of performance, the stock has outperformed its sector by 5.69% today, marking a consecutive gain over the last two days with a total return of 6.24%. The stock opened with a gain of 3.45% and reached an intraday high of Rs 5,700, reflecting a 6.78% increase. Persistent Systems is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Overall, Persistent Systems Ltd's notable activity in the options market and its robust performance metrics highlight its current market position and investor engagement.