Persistent Systems Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 4,400 | ₹— | —% | — | -125 | 5K |
| 6K | 0 | — | —% | ₹— | 4,600 | ₹— | —% | — | 0 | 11K |
| 1K | -125 | — | —% | ₹— | 4,800 | ₹— | —% | — | -3K | 10K |
| 3K | 0 | — | —% | ₹— | 4,900 | ₹— | —% | — | — | — |
| 3K | 0 | — | —% | ₹— | 5,000 | ₹— | —% | — | +1K | 91K |
| 3K | 0 | — | —% | ₹— | 5,100 | ₹— | —% | — | -12K | 15K |
| 8K | 0 | — | —% | ₹— | 5,200 | ₹— | —% | — | +11K | 1.0 L |
| 15K | +1K | — | —% | ₹— | 5,300 | ₹— | —% | — | +2K | 46K |
| 18K | +2K | — | —% | ₹— | 5,400 | ₹— | —% | — | +1K | 68K |
| 1.1 L | +7K | — | —% | ₹— | 5,500 | ₹— | —% | — | -4K | 1.3 L |
| 1.8 L | +19K | — | —% | ₹— | 5,600 | ₹— | —% | — | +6K | 1.8 L |
| 3.1 L | +26K | — | —% | ₹— | 5,700ATM | ₹— | —% | — | +375 | 1.6 L |
| 2.0 L | +24K | — | —% | ₹— | 5,800 | ₹— | —% | — | -375 | 1.3 L |
| 1.3 L | +11K | — | —% | ₹— | 5,900 | ₹— | —% | — | +1K | 87K |
| 2.3 L | -22K | — | —% | ₹— | 6,000 | ₹— | —% | — | +125 | 46K |
| 77K | -10K | — | —% | ₹— | 6,100 | ₹— | —% | — | 0 | 2K |
| 1.3 L | -1K | — | —% | ₹— | 6,200 | ₹— | —% | — | 0 | 7K |
| 0 | 0 | — | —% | ₹— | 6,300 | ₹— | —% | — | 0 | 0 |
| 1.1 L | -3K | — | —% | ₹— | 6,400 | ₹— | —% | — | 0 | 5K |
| 0 | 0 | — | —% | ₹— | 6,600 | ₹— | —% | — | 0 | 250 |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Live Greeks Panel
Key Strike Levels
The open‑interest (OI) profile shows a clear concentration of contracts around the 5,600 ₹ and 5,700 ₹ call levels, where the combined OI surpasses 3 lakh contracts, establishing a strong resistance zone just above the current spot of 5,643 ₹. On the put side, the 5,200 ₹ and 5,300 ₹ strikes together hold roughly 2 lakh contracts, creating a supportive floor that aligns closely with the lower bound of the implied price corridor. Consequently, the market is pricing the underlying to oscillate within a roughly 5,200 ₹‑5,700 ₹ band during the remaining days to expiry.
OI Buildup Activity
During the latest reporting window, fresh OI accrues sharply at the 5,700 ₹ call (an addition of 26,500 contracts) and at the 5,800 ₹ call (23,875 contracts), indicating that option writers are stacking short positions near the upper resistance tier. On the downside, the 5,200 ₹ put absorbs an extra 10,625 contracts while the 5,600 ₹ put adds 6,125 contracts, suggesting that sellers are reinforcing the support region with additional short put exposure. The net effect is a buildup of defensive positioning that tightens the range and enhances liquidity at the identified strike clusters.
Volatility Read
The at‑the‑money implied volatility stands at 24.03 %, reflecting moderate premium pricing given the proximity to expiry. The volatility skew is bearish, with out‑of‑the‑money calls priced lower relative to equivalent puts, pointing to a market bias toward downside protection.
Key OI Levels
The highest call OI resides at the 5,200 ₹ strike (3,200 contracts) and the highest put OI also sits at the 5,200 ₹ strike (3,200 contracts).