Persistent Systems' Rs 5800 Call Options Surge with 5,781 Contracts Traded Today

Persistent Systems Ltd has emerged as one of the most active stocks in the Computers - Software & Consulting industry today, reflecting significant trading activity. The stock, which is currently valued at Rs 5785.0, has seen a notable increase in its performance metrics, outperforming its sector by 1.3%. Over the past three days, Persistent Systems has recorded a consecutive gain, rising 8.67% during this period.
Today, the stock's call options have drawn considerable attention, with 5,781 contracts traded at a strike price of Rs 5800, resulting in a turnover of Rs 682.39 lakhs. The open interest stands at 2,066 contracts, indicating a robust interest in these options. Additionally, the stock's delivery volume surged to 10.94 lakhs on October 15, marking a remarkable increase of 721.03% compared to the five-day average.

Persistent Systems is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting a strong upward trend. The stock's liquidity remains favorable, accommodating a trade size of Rs 10.79 crore based on 2% of the five-day average traded value. Overall, Persistent Systems continues to demonstrate solid performance and investor engagement in the current market landscape.