PERSISTENT options
Persistent Systems option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹129.25 | ±2.26% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹5,598.25 – ₹5,856.75 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹5,600 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹5,600 | 1,76,875 contracts — the largest put position on the chain |
| Heaviest call strike | ₹5,900 | 3,33,250 contracts — the largest call position on the chain |
| Put-call ratio | 0.58 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 27.30% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹129.25
- Implied range
- ₹5,598 – ₹5,857
- Max pain
- ₹5,600
- Implied volatility
- 27.30%
±2.26% over 4 days, from the ₹5,700 straddle
What option prices imply, not a forecast of where the stock will trade
₹128 below the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹5,600Heaviest call ₹5,900ATM ₹5,700 · PCR 0.58
At the close on Friday, 23 October 2026, Persistent Systems options were pricing a move of ±₹129.25 by the Tuesday, 27 October 2026 expiry — a range of ₹5,598.25 to ₹5,856.75 against a closing price of ₹5,727.50. The figure is the at-the-money straddle at the ₹5,700 strike, which is what the options market itself is charging for the move to expiry. It describes the price of that expectation, not a forecast MarketCue makes.
Max pain sits at ₹5,600, ₹127.50 below the closing price — the strike at which the largest value of written options would expire worthless. The heaviest put position on the chain is at ₹5,600 with 1,76,875 contracts, and the heaviest call position at ₹5,900 with 3,33,250 contracts. Open interest describes where positions have been built; it is not a commitment by anyone to defend a price.
At-the-money implied volatility was 27.30% for the Tuesday, 27 October 2026 expiry. Realised volatility for Persistent Systems is not yet available for comparison.
This page is a record of where Persistent Systems's chain finished on Friday, 23 October 2026, not a live feed — the next reading follows tomorrow's close. Figures are derived from the NSE option chain via Upstox; max pain, the implied move, put-call ratio and the volatility comparison are MarketCue's own calculations from that data. MarketCue is not a registered investment adviser, research analyst or broker under SEBI regulations, and nothing here is a recommendation to buy or sell any security.
Read the full MarketCue scoring methodology
Source: NSE option chain via Upstox. .
Frequently asked questions
- What move are Persistent Systems options pricing this expiry?
- ±₹129.25, or 2.26%, giving a range of ₹5,598.25 to ₹5,856.75 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹5,700 strike.
- What is Persistent Systems's max pain?
- ₹5,600 at the last close, against a closing price of ₹5,727.50. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Persistent Systems option chain?
- The largest put position sits at ₹5,600 with 1,76,875 contracts, and the largest call position at ₹5,900 with 3,33,250 contracts. Traders commonly read heavy open interest at a strike as a level, though open interest describes positioning rather than any commitment to defend a price.
- What is the lot size for Persistent Systems options?
- 125 shares per lot, with strikes in steps of ₹100. At the implied move of ±₹129.25, one lot corresponds to ±₹16,156 of notional movement.