Persistent Systems Ltd Sees 5,285 Contracts in 5,300 Strike Price Puts Traded

Persistent Systems Ltd has emerged as one of the most active stocks in the options market today, particularly in the put options segment. The company, operating within the Computers - Software & Consulting industry, has seen significant trading activity in its put options with various strike prices set for expiry on October 28, 2025.
Notably, the put option with a strike price of 5300 recorded the highest trading volume, with 5,285 contracts exchanged and a turnover of approximately Rs 203.68 lakhs. Following closely, the 5700 strike price option saw 4,244 contracts traded, generating a turnover of Rs 675.94 lakhs. Other notable strike prices include 5100, 5000, and 5200, with respective contract volumes of 2,706, 3,761, and 4,271.

The underlying value of Persistent Systems is currently at Rs 5683.5, and the stock has outperformed its sector by 5.69% today, marking a 6.24% increase over the last two days. The stock opened with a gap up of 3.45% and reached an intraday high of Rs 5700, reflecting a 6.78% rise. Additionally, Persistent Systems is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

With a market capitalization of Rs 89,085.44 crore, Persistent Systems continues to demonstrate robust liquidity, making it a notable player in the mid-cap segment. The rising investor participation, evidenced by a delivery volume increase of 58.79% against the 5-day average, further underscores the stock's active status in the market.